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Project Management Question Bank
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Question:

Although the stakeholders thought there was enough money in the budget, halfway through the project the cost performance index (CPI) is 0.7. To determine the root cause, several stakeholders audit the project and discover the project budget was estimated analogously. Although the activity estimates add up to the project estimate, the stakeholders think something was missing in how the estimate was completed. Which of the following describes what was missing?
  1. Estimated costs should be used to measure CPI.
  2. SPI should be used, not CPI
  3. Bottom-up estimating should have been used
  4. Past history was not taken into account.






Q2. A good friend at work tells you that when his wife was diagnosed with cancer, he stole items from work and sold them, using the money for her treatment. He has since paid back the money taken, in ways that kept his theft secret. Ethically, what should you do?

  1. Advise your friend to tell his company and do nothing
  2. Report him to his manager
  3. Talk with a lawyer to see if this can be justified
  4. Attempt to gather evidence to determine whether or not the theft in fact occurred.
Correct Answer

Q3. Which of the following payments on an international project is unacceptable?

  1. Offering to pay the country officials for not awarding the project to a particular company
  2. Payment for mail service
  3. Payment for a “foreign workers application license” required in the country
  4. Payment for police protection.
Correct Answer

Q4. Although the business value is unique to each organization, each organization strives to attain business value for its activities. Which of the following does NOT create value for an organization?

  1. Escalation of commitment on projects involving significant sunk cost
  2. Effective management of ongoing operations
  3. Strategic alignment of project objectives
  4. Successful management of nonprofit business-related activities
Correct Answer

Q5. You are the project level manager with several project activities underway. In the executing process group, you begin to become concerned about the accuracy of progress reports from the projects. What would BEST support your opinion that there is a problem?

  1. Quality audits
  2. Risk quantification reports
  3. Regression analysis
  4. Monte Carlo analysis
Correct Answer

Q6. When one factor used to determine the effort required to produce a unit of work is increased while all other factors remain fixed, a point will eventually be reached at which additions of that one factor start to yield progressively decreased productivity. This is known as:

  1. The 100 percent rule
  2. The Pareto Law
  3. The law of diminishing returns
  4. The theory of constraints
Correct Answer

Q7. Jim is managing a road network design project for a government agency. He is currently carrying out the Plan Stakeholder Engagement process for the project. Which of the following documents will provide the list of project stakeholders to Jim for this process?

  1. Organizational process assets
  2. Project management plan
  3. Stakeholder register
  4. Enterprise environmental factors
Correct Answer

Q8. A project manager estimates the work to be accomplished in the near term in detail at a low level of the Work Breakdown Structure (WBS). He estimates work far in the future as WBS components that are at a relatively high level of the WBS. What is this technique called?

  1. Decomposition
  2. Rolling wave planning
  3. Scope Creep
  4. Earned value planning
Correct Answer

Q9. A work breakdown structure is an input to all of the following processes EXCEPT:

  1. Define Activities
  2. Estimate Costs
  3. Perform Quality Assurance
  4. Plan Procurements
Correct Answer

Q10. Based on the chart, what is the duration of the critical path?

  1. 19
  2. 13
  3. 15
  4. 14
Correct Answer








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