Project Management Question Bank
for Exam preparation

Q2. Which of the following BEST describes why quality is planned in and not inspected in?

1. It reduces quality and is less expensive.
2. It improves quality and is more expensive
3. It reduces quality and is more expensive
4. It improves quality and is less expensive

Q3. A project was estimated to cost $200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. However, this was made up by shipping the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At the end of the second month, the Project Manager reviews the project and finds that the project is 20% complete and Actual Costs are $50,000. The Estimate to Complete (ETC) for the project would now be:

1. $160,000
2. $210,000
3. $250,000
4. $200,000

Q4. 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

Q5. While evaluating the bar chart, the project manager determines that the project is behind schedule. What should she do?

1. Obtain approval from the customer to slip the project.
2. Report findings to management
3. Evaluate the alternatives with the team
4. Evaluate the alternatives with the customer

Q6. A project manager is trying to settle a dispute between two team members. One says the systems should be integrated before testing, and the other maintains each system should be tested before integration. The project involves over 30 people, and 2 systems need to be integrated. The sponsor is demanding that integration happens on time. What is the BEST statement the project manager can make to resolve the conflict?

1. Do it my way.
2. Let’s clam down and get the job done.
3. Let’s deal with this again next week after we all calm down.
4. Let’s do limited testing before integration and finish testing after integration.

Q7. A project manager was involved in preparation of the project charter for an external project. One of the inputs to the project charter was a statement of work (SOW). The SOW may have been received from the customer as part of any of the following except:

1. As part of a request for information
2. As part of the business case
3. As part of a request for proposal
4. As part of a contract

Q8. A project involved development of a high-speed, hard disk drive. As part of its testing, the hard disk was subjected to continuous operation at a high speed and an elevated temperature. At the end of the test, the hard disk was destroyed beyond use. The cost of such testing is usually classified as:

1. Appraisal costs
2. Internal failure costs
3. Cost of nonconformance
4. Prevention costs

Q9. A new testing center is going to be constructed over the next two years. The project sponsor and project manager have been identified and high-level estimates begun. It is expected that the project can be completed within budget and on schedule. The only difficulty is in acquiring the number of resources with the correct expertise to complete the work. Under these circumstances, the project manager should spend more time creating a:

1. Risk analysis
2. Responsibility assignment matrix
3. Responsibility chart
4. Resource-limited schedule

Q10. Workarounds are determined during which risk management process?

1. Identify risks
2. Perform Quantitative Risk Analysis
3. Plan Risk Responses
4. Control risks