Project Management Question Bank
for Exam preparation

Q2. When it comes to change, the project manager’s attention is BEST spent on:

1. Making changes
2. Tracking and recording changes
3. Informing the sponsor of changes
4. Preventing unnecessary changes

Q3. Using the chart, the person completing activity G tells you that a few unidentified risks have occurred and the duration of the activity will now be 10 months. What is the effect on the project?

1. The critical path changes
2. There are two critical paths
3. There is no effect on the critical path
4. There is less chance of completing the project on time.

Q4. A project manager gets a report from the risk response owner that a risk did not occur. The project manager should then:

1. Update the risk response plan in the risk register.
2. Update the network diagram.
3. Decrease some project reserves.
4. Change all future risk response strategies.

Q5. Activities in the Define Activities process should meet:

1. The WBS layout
2. Cost incentives
3. Schedule objectives
4. Project objectives

Q6. You are managing a project with a large multinational staff. Susan, one of the engineers, was originally asked to deliver her part of the work on October 19. Due to a change in the critical path, her deliverable will be needed two days sooner. However, as the new deadline is still two weeks away and she is ahead of schedule, you are confident her delivery will be on time. During a staff meeting, you learn from John, her functional manager, that Susan celebrates a religious holiday on October 17. However, he also tells you that Susan is not particularly religious; if pushed a bit and offered some incentive, she may forego celebrating this holiday and come to work. What should you do?

1. Check whether one of her colleagues can share some of her workload this week
2. Increase her project incentive if she agrees to deliver her presentation on the 17th
3. Let the critical path remain the same
4. Ask her boss to ask her to skip the holiday

Q7. Velvet is working for a chemical industry, and her management proposed two different projects to manufacture benzene for commercial use. After doing financial analysis, the financial advisor provided her with the following statistics about the projects: Project 1: 60 percent probability of success with a profit of $500,000 and 20 percent probability of failure with a loss of $200,000. Project 2: 30 percent probability of success with a profit of $300,000 and 30 percent probability of failure with a loss of $400,000. Based on the information above, Velvet should choose:

1. Either project 1 or project 2
2. Neither project 1 nor project 2
3. Project 2
4. Project 1

Q8. Which of the following does NOT assess the value a project brings to an organization?

1. Benefit cost analysis
2. Net present value
3. Value analysis
4. Needs assessment

Q9. You manage the construction of a new airport in your home country. Since your organization does not have experience deploying the sophisticated air-traffic control system, you outsourced this to a specialist organization. PMBOK’s Procurement Management knowledge will help you successfully administer this deal; however, for the supplier of the system, all the PMBOK processes will apply since this will be a complete project for the supplying organization. Which of the following will be a common denominator between your project and the supplier projects?

1. Project management plan
2. Supply agreement
3. Project’s scope of work
4. Budget for the air-traffic control system

Q10. A change control system should be created:

1. As needed on the project
2. By management
3. As a formal documented procedure
4. By the team 4