Project Management Question Bank
for Exam preparation

Q2. You were asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the project budget EXCEPT:

1. Fixed costs.
2. Sunk costs.
3. Direct costs.
4. Variable costs.

Q3. To accommodate a new project in your department, you need to move resources from one project to another. Because your department is currently working at capacity, moving resources will inevitably delay the project from which you move the resources. It would cause the LEAST negative impact if you move resources from which of the following projects?

1. Project A with a benefit cost ratio of 0.8, no project charter, and four resources
2. Project B with a net present value of $60,000, 12 resources, and variable costs between US $1,000 and $2,000 per month
3. Project C with an opportunity cost of US $300,000, no project control plan, and an internal rate of return of 12 percent
4. Project D with indirect costs of US $20,000 and 13 resources

Q4. The project manager is expecting a deliverable to be submitted by e-mail from a team member today. AT the end of the day, the project manager contacts the team member to notify him that it has not been received. The team member apologizes and says that he was not able e-mail the deliverable, and it was sent through the mail instead. The team member goes on to explain that he notified the project manager that this would occur during a phone conversation they had while the or manager was traveling. “Wasn’t that the conversation we had when I told you I cold not hear you well due to poor cell phone coverage?” ask the project manager. “Yes,” replies the team member. What could have avoided this problem?

1. Paralingual communication
2. Adding to the issue log after the phone call
3. Better attention to determining communications requirements.
4. Feedback during the communication

Q5. A project team is having difficulty communicating over long distances. There are 13 team members from two countries when five people from Indian are added to the project. How many communication channels are there?

1. 153
2. 180
3. 324
4. 362

Q6. You are in the process of defining policies, procedures, and guidance to help you manage the project costs. In which process you are working?

1. Determine budget
2. Develop schedule
3. Control costs
4. Plan cost management

Q7. Which of the following should you not use as an input into creating the WBS structure?

1. Bill of Material (BOM)
2. Project scope statement
3. Organizational process assets
4. Requirements documentation

Q8. Close Procurements is similar to Close Project in that they both involve:

1. Product verification
2. Kickoff meetings
3. Quality assurance activities
4. Creation of the scope verification plan

Q9. You are a project manager for a major information systems project. Someone from the quality department comes to see you about beginning a quality audit of your project. The team, already under pressure to complete the project as soon as possible, objects to the audit. You should explain to the team that the purpose of a quality audit is:

1. Part of an ISO 9000 investigation
2. To check if the customer is following the quality process
3. To identify inefficient and ineffective policies.
4. To check the accuracy of costs submitted by the team.

Q10. 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