Project Management Question Bank
for Exam preparation

Q2. From the project perspective, quality attributes:

1. Determine how effectively the performing organization supports the project.
2. Provide the basis for judging the project’s success or failure
3. Are specific characteristics on which a product is designed and tested.
4. Are objective criteria that must be met.

Q3. Using the chart, what is the lowest cost of crashing this project to save four weeks?

1. $18,000
2. $6,000
3. $7,000
4. $9,000

Q4. Linda is a first-time project manager and is analyzing a project schedule. She intends to apply resource leveling, and she has the following guidelines on Resource Leveling. Which of these four statements is incorrect?

1. Resource Leveling can often cause the critical path to change.
2. Resource Leveling is applied to a schedule before it has been analyzed by the critical path method.
3. Resource Leveling is applied to keep resource usage at a constant level.
4. Resource Leveling is necessary when resources have been over-allocated.

Q5. During its first winter, a multi-year construction project experienced weather-related schedule delay that all the local parties involved described as typical for the area. What should the project manager do to integrate this information into the project schedule?

1. Lengthen the estimated activity duration for all activities to occur the following winter
2. Re-evaluate the schedule to determine the potential impact
3. Leave the current project schedule unchanged and work the issues as they arise next year
4. Make changes to the project management plan in order to maintain the current project schedule

Q6. During project executing, one of the electrical engineers informs the project manager that the life cycle cost of the new heating and air conditioning system is higher than the life cycle cost of another heating and air conditioning system. What should the project manager do?

1. Determine if there is room in the project budget for the additional cost.
2. Select the product with the lower life cycle cost.
3. Select the product with the best life cycle cost to earned value ratio.
4. Select the product with the lowest maintenance cost to life cycle cost ratio.

Q7. Which of the following represents the estimated value of the work actually accomplished?

1. Earned value (EV)
2. Planned value (PV)
3. Actual cost (AC)
4. Cost variance (CV)

Q8. You are managing a construction project. Your company does not specialize in construction design so you outsourced the construction design to a third party. You are conducting regular procurement performance reviews and are dissatisfied. You want to carry out a detailed audit of the design supplier’s work processes to determine the root cause. Can you do that?

1. Yes, it is a good project management technique advocated by the PMBOK guide.
2. Yes, if there is a provision in the contract allowing work process audits.
3. No, you are only authorized to perform quality audits on the delivered products and not the supplier’s internal work processes.
4. No, a detailed procurement audit cannot be performed until you terminate the contract.

Q9. A ranking of risk and a list of risks for additional analysis are all outputs of which process of risk management?

1. Identify Risks
2. Perform Qualitative Risk Analysis
3. Perform Quantitative Risk Analysis
4. Plan Risk Responses.

Q10. If the team cannot identify a suitable response to identified risk, which risk response strategy, would they apply?

1. Transference.
2. Acceptance.
3. Mitigation.
4. Avoidance