Project Management Question Bank
for Exam preparation

Q2. Define Activities, Sequence Activities, and Estimate Durations all occur before:

1. Develop Project Charter
2. Create WBS
3. Develop Schedule
4. Project development

Q3. During the creation of lessons learned for a project, the team determines that the project would have been better if they had a change control board. Which of the following is the BEST description of what a change control board helps the team to do?

1. Create change requests
2. Approve or reject changes
3. Create procedures
4. Formulate the change

Q4. You are analyzing whether the stakeholders are resistant, neutral, or supporting and noting down all the information in a table. What tool is this?

1. Stakeholder register
2. Stakeholders engagement assessment matrix
3. RACI chart
4. RAM

Q5. During the executing process group of the project, a team member identifies a new risk. What should occur in light of this identification?

1. Include it in the risk triggers
2. Test its assumptions
3. Add it to the risk management plan
4. Assess this risk.

Q6. You are a project manager for your company. Part of the project requires producing 10,000 widgets, which your company will outsource. The company has agreed to pay all related costs and 5 percent of the estimated project costs. What type of contract has been negotiated?

1. Cost-Plus-Incentive-Fee contract
2. Cost-Plus-Fixed-Fee contract
3. Time and Material contract
4. Fixed-price contract

Q7. Approved corrective action is an input to which of the following processes?

1. Validate Scope
2. Direct and Manage Project Work
3. Develop Project Charter
4. Develop Schedule

Q8. Your project is going full steam and to prepare a monthly report you collect some data and give it to John who is your team member. You ask him to provide you with work performance information. He analyzes the information, compiles the data, and gives you the requested information which includes the status of deliverables, the number of change requests, implementation status for change requests, and forecasted estimates to complete. Among this information, which does not represent the information you requested?

1. Number of change requests
2. Status of deliverables
3. Forecasted estimates to complete
4. Implementation status for change requests

Q9. In the process of reviewing the status of your team’s work assignments, you learn that the project has fallen behind schedule by one week. The project has high visibility within the organization and is completely datedriven. The project finish date is still two months out and you think you can recover the time over the next month or so. What is the BEST course of action for reporting the project status?

1. Report the project on schedule. This is not a significant slippage and there is still time to recover
2. Report the project on schedule. Most project management plans are not accurate to less than one or two weeks anyway
3. Report the project one week behind schedule and include recommended corrective actions
4. Report the project one week behind schedule and then issue a new report next week showing them the problem fixed

Q10. A construction project has a work package that could result in fatalities or long term disabilities with losses of over US $2 million. The company has had a clean record in the past and has won several safety awards. An appropriate risk response strategy is to:

1. Post a sign that describes the number of injuries to date and remind everyone to be careful.
2. Insure against the risk.
3. Add classroom training on safety for the project team.
4. Not do the work package.