Project Management Question Bank
for Exam preparation

Q2. Robert is managing a road construction project. Due to unseasonal weather conditions, the team productivity might be above or below target. This is an example of:

1. Ambiguity risk
2. Variability risk
3. Mitigated risk
4. Opportunity risk

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. Project managers need to be aware of Student Syndrome, also known as procrastination, which means that people start to apply themselves only at the last possible moment before the deadline. This concept is similar to Parkinson’s Law which states that:

1. Work only gets completed during the second half of the allocated time.
2. Work never gets completed on time even if sufficient time has been allocated.
3. Work expands to fill the time available for its completion.
4. Effort expands to fill the time available for the completion of a work package.

Q5. All of the following are results of adding to the risk register in the Plan Risk Responses process EXCEPT:

1. You are in control of the project as it progresses with few surprises
2. By managing the plan, you are able to avoid risks while mitigating the effects of others
3. The need for workarounds is minimized
4. The need for contingency reserves is minimized.

Q6. Which of the following conflict resolution techniques will generate the MOST lasting solution?

1. Forcing
2. Smoothing
3. Compromise
4. Problem solving.

Q7. The project you are working on has an increase in cost effectiveness, increased productivity, and increased morale. What might be the reason for these changes?

1. Project objectives are in line with those of the performing organization
2. Increased quality
3. Management’s focus on cost containment
4. Rewards presented for individual efforts

Q8. You have recently joined an organization as the procurements manager. You have just received an invoice from a contractor. Some of the items from the invoice are as follows: EV of work completed to date: $50,000. AC of work completed to date: $40,000. Total costs reimbursed by the buyer to date: $35,000. If the contract between the buyer and the contractor is a CPIF contract, what is the total value payable to this contractor? (Assume that the contract allows for a 10 percent fee over net payable whenever CPI > 1).

1. $500
2. $5,500
3. $44,000
4. $55,000

Q9. A project manager has managed four projects for the company and is being considered to join the project management office team. The following is discovered during the evaluation of his performance. The project manager’s first project had an ending cost variance of -500, used two critical resources, needed to rework the project charter during project executing and was ranked 14th in priority within the company. The second project finished with a schedule variance of +100, was completed with a vastly compressed schedule and received a letter of recommendation from the sponsor, but the product of the project was not used. The third project had 23 percent more changes than expected, had an SPI of 0.90, and 25 open items in the issue log when the project was completed. Each of these projects had a cost budget of US $1,000 and 20 to 28 percent more changes than others of its size. The project management office decided not to add this project manager to the team. Which of the following BEST describes why this might have happened?

1. The project manager has only managed low-priority projects and he had to compress the schedule, showing that he does not have the skill to work in the project management office.
2. Issue logs should not be used on projects of this size, showing that the project manager does not have the knowledge to work in a project management office
3. The project manager did not effectively involve the stakeholders, showing that he does not have the knowledge to work in the project management office
4. The project manager had two critical resources on their team and still needed to rework the project charter, showing that he does not have the discipline to work in the project management office.

Q10. Which of the following is the highest point of Maslow’s hierarchy?

1. Self-fulfillment
2. Respect
3. Affection
4. Stability