Project Management Question Bank
for Exam preparation

Q2. A large project is underway when one of the team members reviews the project status report. He sees that the project is currently running late. As he looks at the report further, he notices that the delay will cause one of his activities to be scheduled during a time he will be out of the country and cannot work on the activity. This is of great concern because he is very committed to the project being successful and he does not want to be the cause of the project being further delayed. What is the BEST THING for him to do?

1. Contact the project manager immediately to provide the project manager with his schedule.
2. Include the information on his next report
3. Request that the issue be added to the project issue log
4. Recommend preventive action.

Q3. As part of the procurement process, the procuring organization elected to have an estimate of costs prepared by an outside professional estimator. The estimator came up with an estimate of $500,000. However, the cost estimates prepared by prospective sellers were in the range of $200,000. How can this be best interpreted?

1. The procurement statement of work was deficient and ambiguous.
2. The professional estimator has inflated the estimate of costs.
3. The prospective sellers do not have the required skills to do the project.
4. Prospective sellers are trying to underbid and win the project.

Q4. Your project will go through many phases to produce a high-priced product that will be sold to the public. You are currently starting the design phase. The price will include the product and scheduled maintenance. The team includes representatives from the engineering department, who will help determine the design of the project, the marketing department, who will determine the shape of the container for the product of the project and the accounting department who will help make sure the cost of the project allow ample profit margin. The project charter has been completed and signed by sponsors from all these departments. The product scope was completed in an earlier project that was two months delayed due to arguing over the scope. The team is now functioning well and past team building efforts have produced an effective team for this new project. Which of the following is the BEST thing to include that has not been included in planning?

1. The team working on the project does not include anyone from senior management and will thus not have enough support to be completed quickly and effectively.
2. There needs to be a representative from the quality department to ensure that the project will satisfy the needs for which it is undertaken.
3. The project is not taking into account how the project work will affect future phases and thus future phases may cost more.
4. Team building efforts should still be done in the future to ensure an effective team.

Q5. Conflict on projects is usually caused by:

1. Schedules, project priorities, resources, and technical opinions
2. Schedules, personality, priorities, and resources
3. Schedules, personalities, priorities, and technical opinions.
4. Schedules, cost, priorities, and resources.

Q6. In order to facilitate project configuration and change management on complex projects, a project manager relies on configuration and change management tools. Such tools:

1. Can be manual or automatic; the selection depends on the project’s environment and requirements.
2. Must be manual; a complex project requires all change requests to be manually signed.
3. Must be automatic; a complex project requires complex change control procedures.
4. Change control must be manual, but the configuration control may be automatic.

Q7. A team member comes to you to tell you that there is a problem on her activity. It cannot be started on the day it is scheduled to start. A manager overhears this conversation and reports that the project will be late. Later the project manager completes his own report saying “the project is still scheduled to be completed on time.” Which of the following could be the reason the project manager made such a statement?

1. The activity has free float and can be rescheduled later in its early-start to late-finish window
2. The activity is on a near-critical path with less float than the length of the delay
3. The activity is on the critical path but is to be done after another activity that does have float.
4. The activity has a mandatory dependency, allowing the project manager to place it in the pro schedule at any location that he wants it be done.

Q8. You are managing an oil-drilling project. With oil at $143 per barrel, this could be a highly lucrative project. However, there is a chance that the price of oil will drop below $105 per barrel, which would eliminate the profit in the project. This is an example of:

1. Requirement
2. Assumption
3. Risk
4. Constraint

Q9. The level of detail of performance reports is described in the:

1. Project charter.
2. Communications management plan.
3. Monthly requests for information by management.
4. Project’s monthly needs.

Q10. Which of the following gives you the cost estimate of your project if you continue to perform with the same cost performance?

1. ETC
2. VAC
3. EAC
4. BAC