Project Management Question Bank
for Exam preparation

Q2. You are currently managing an urban development project for a municipal authority. You and your team are managing the project and have outsourced most of the project work to specialist contractors. All the contracts awarded were FFP contracts. The project is almost 50 percent complete, and most of the contractors have requested amendments to their contacts. Work specifications were not clear at the time of contract awards, and as a result, new work requirements have come up. What is your lesson learned?

1. Never award FFP contracts in the future since they usually result in disputes and contests
2. Cost-plus contracts are ideal types of contracts for construction projects
3. Do not award FFP contracts unless the scope of work and specifications are precisely articulated.
4. Good and credible contractors were not selected for the project at the time of award

Q3. You are in the middle of your project and working on a deliverable which is 90% completed. It is time for the yearly audit. A team of auditors are about to come and verify if you are following the process as defined or not. However, as the deliverable is about to be completed, you check it and measure all dimensions to find any possible dimensional defects. What process is this?

1. Control quality
2. Manage quality
3. Plan quality management
4. Control scope

Q4. You have a project with four activities as follows. Activity 1 can start immediately and has an estimated duration of 1. Activity 2 can start after activity 1 is completed and has an estimated duration of four. Activity 3 can start after activity 2 is completed and has an estimated duration of five. Activity 4 has an estimated duration of 8. It can start after activity 1 is completed. Both activity 3 and 4 must be completed before the project is complete. What is the critical path of the project?

1. Start, 1, 2, 3, End
2. Start 1, 4, 3, End
3. Start 1, 4, End
4. Start 1, 2, 3, 4, End Activity Baseline Crash Time Cost Time Cost A 10 $4,000 8 $6,000 B 2 $6,000 2 $6,000 C 14 $22,000 12 $26,000 D 6 $9,000 5 $10,000 E 9 $14,000 7 $19,000 F 8 $18,000 4 $36,000 76

Q5. Which of the following is not a tool and technique of the Plan Resource Management process?

1. Organizational theory
2. Meetings
3. Hierarchical charts
4. Rewards and recognition

Q6. Which of these is accurate regarding the Develop Schedule process?

1. Schedules are optimized such that all noncritical activities have a zero total float.
2. The critical path method is a schedule network analysis technique that is performed using the schedule model.
3. Schedule compression shortens the project schedule while changing the project scope.
4. Schedule network analysis is a technique carried out once the schedule is approved.

Q7. You are the project manager managing a project to design a print head for dot matrix printers. In order to determine ideal settings for print quality, the quality manager of the company suggests trying out various scenarios for printing by varying certain parameters on the print head. Identifying such variables which influence the product or process under development is called:

1. Benchmarking
2. Design of Experiments
3. Statistical Sampling
4. Brainstorming

Q8. After analyzing the status of your project, you determine that the earned value (EV) is lower than the planned value (PV). What should you expect as an outcome if this trend continues?

1. The actual cost will be lower than planned
2. The estimate at completion will be lower than planned
3. The project will finish behind schedule
4. The project will finish below the original cost estimate

Q9. Variance Analysis is an important tool used in the Control Costs process. Which of the following statements regarding variances is correct?

1. The percentage range of acceptable variances will tend to increase as more work is accomplished.
2. The percentage range of acceptable variances will tend to decrease as more work is accomplished.
3. The percentage range of acceptable variances is high at the start of a project, tends to decrease in the middle of a project, and then tends to increase as the project nears completion.
4. The percentage range of acceptable variances is a constant all through the project.

Q10. A fellow project manager is retiring and moving to the mountains; you will take over his project. Before he leaves, he tells you the project is on schedule but only because he “put the hammer down” on his project team and pushed them relentlessly. Pushing the team to perform activities to accomplish project objectives is a part of:

1. Direct and Manage Project Work
2. Monitor and Control Project Work
3. Control Quality
4. Control Scope