Project Management Question Bank
for Exam preparation

Project Management- Q2. After identifying the risks, you analyze them qualitatively and quantitatively to see if your risk response planning will effectively minimize the project risk or not. If not, you will tweak your risk response plan so the project risks fall within the stakeholders’ tolerance limits. Which of the following statements is correct about the quantitative risk analysis process?

1. It is performed before qualitative risk analysis
2. It is performed on each project
3. Performed after qualitative risk analysis, if required
4. None of the above

Project Management- Q3. Analogous Estimating is an estimation technique that uses the values of parameters such as scope, cost, budget, and duration from a previous similar activity as the basis of activity. It is frequently used for estimation when there is a limited amount of information about the project. This is a form of:

1. Gross value estimation
2. Function point estimation
3. Fixed point estimation
4. Precision Estimation

Project Management- Q4. Which of the following conflict resolution techniques will generate the MOST lasting solution?

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

Project Management- Q5. A project manager uses the precedence diagramming method (PDM) for constructing a project schedule network and creates a network diagram for the purpose. He decides to use the most common type of precedence relationship for all activities. Which of the following relationships would he use?

1. Start-to-finish (SF)
2. Finish-to-finish (FF)
3. Start-to-start (SS)
4. Finish-to-start (FS)

Project Management- Q6. Recently, a junior team member has challenged the project management approach since not all requirements identified during the Collect Requirements process were documented in the project scope statement. You are the project manager, what should you do first?

1. Remove the junior team member from the team as this is a disciplinary issue.
2. Analyze the objection and determine if the requirements were deliberately dropped during the Define Scope process.
3. Engage the project sponsor to resolve the issue.
4. Accept your mistake and include the missed requirements.

Project Management- Q7. Risks may be identified during the entire lifecycle of a project. Identify Risks is what type of process?

1. Qualitative
2. Effort-driven
3. Discrete
4. Iterative

Project Management- Q8. You are managing a large project with many contractors working on it. A stakeholder comes to you and informs you that he never received the status report from one of your contractors. What will your next step be?

1. Stop the payment and ask for clarification
2. Call the contractor
3. Review the communications management plan
4. Inform management

Project Management- Q9. Which of the following is the correct sequence of the PMBOK processes that collects work performance data, converts it to work performance information, formats it into work performance reports, and distributes these reports?

1. Direct & Manage Project Work -> Monitor & Control Project Work -> Monitor Communications -> Manage Communications
2. Monitor Communications -> Direct & Manage Project Work -> Monitor & Control Project Work -> Manage Communications
3. Direct & Manage Project Work -> Monitor Communications -> Monitor & Control Project Work -> Manage Communications
4. Direct & Manage Project Work -> Monitor & Control Project Work -> Manage Communications -> Monitor Communications

Project Management- Q10. You are just about to present your project’s status to your company’s executive team. Just as you are leaving your desk for the meeting, one of your resources hands you an updated report on the progress of a critical deliverable. As you are walking to the conference room, you review the report and notice there is an error in it. What do you do?

1. Do not report on that part of the project
2. Disclose that you have just discovered there is an error in some of the information you intended to present and only present the information that you know is true
3. Cancel the meeting
4. Present the information as-it-is and revise it in the meeting minutes, which will be sent after two days