Project Management Question Bank
for Exam preparation

Q2. While planning the project, you discover that an expert resource might be available to work on you project. However, the resource manager will not commit to the resource being on your team at the present time. The BEST thing to do would be to estimate the activity:

1. As if the expert resources were available.
2. As though you had an average resource doing the activity.
3. As if you had an inexperienced resource
4. Using the Delphi technique.

Q3. In which of the following contract types does the seller have the most cost risk?

1. Fixed price incentive fee (FPIF)
2. Time and material (T&M)
3. Cost plus award fee (CPAF)
4. Cost plus percentage of costs (CPPC).

Q4. A control chart helps the project manager to:

1. Focus on the most critical issues to improve quality.
2. Focus on stimulating thinking.
3. Explore a desired future outcome.
4. Determine if a process is functioning within set limits.

Q5. You are the project manager for a seller. A parking lot fencing project was bid at US $11 per foot. The parking lot has four equal sides of 125 feet and requires installing a six-foot diameter culvert on one side. Fencing should take 100 feet per day, and the culvert installation will cost US $500 and take one day to complete. The culvert must be installed before work can begin on hat side of the fence. After three days of work, one side is complete, another side has 75 feet installed, and the culvert is completely installed. At this point, the client tells you that the culvert needs to be increased to a sevenfoot diameter. You determine that this will cost US $1,000, and require two additional days. What should you do FIRST?

1. Call a team meeting and determine if schedule and cost alternatives can maintain the current cost and schedule requirements.
2. Review the procurement statement of work for mention of the diameter of the culvert.
3. Ask for a change order to cover the change
4. Renegotiate the contract 32

Q6. A project manager has been overwhelmed with problems on his project. He would like to identify the root cause of the problems in order to determine where to focus his attention. Which of the following tools would be BEST for the project manager to use?

1. A Pareto chart
2. Conflict resolution techniques
3. A fishbone diagram
4. Trend analysis

Q7. Along with the project communications management plan, work performance reports are vital inputs to the Manage Communications process. Where do these work performance reports come from?

1. Project integration management process
2. All monitoring and controlling processes
3. Plan Communications Management processes
4. Organizational process assets

Q8. A WBS is BEST described as a tool for tracking:

1. The schedule.
2. Resources
3. Cost
4. Scope

Q9. Which of the following is not true about the WBS?

1. The project team must be involved in developing the WBS.
2. The WBS must represent all product and project work.
3. WBS should focus on activities rather than deliverables.
4. WBS is usually represented in a hierarchical fashion.

Q10. You have recently become the project manager for a construction project. You are a new hire in your company and are unaware of the organizational project management standards. Which of the following can help you get a head start on your project?

1. Communicate with other project managers in your organization
2. Review the PMBOK guide thoroughly
3. Develop the project charter and get it approved
4. Consult the lessons learned from your previous similar projects