Project Management Question Bank
for Exam preparation

Q2. You have finished the Plan Risk Responses process and are left with residual risks. What should you do with them?

1. Document them in the risk register and revisit them during project executing
2. Deal with them as they arise during project executing
3. Include them as part of the contingency plans
4. Perform a sensitivity analysis on them.

Q3. You are about to begin negotiations with people from another country. Which of the following should provide guidance on what business practices are allowed and not allowed?

1. The company code of conduct
2. The project charter
3. The scope management plan
4. The negotiation plan

Q4. You are a project manager who was just assigned to take over a project from another project manager who is leaving the company. The previous project manager tells you that the project is on schedule, but only because he has constantly pushed the team to perform. What is the FIRST thing you should do as the new project manager?

1. Check risk status
2. Check cost performance
3. Determine a management strategy
4. Tell the team your objectives

Q5. The sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The buyer points out that the performing organization spent a lot of money hiring a design team to come up with the design. The project manager is concerned that the risk for the buyer be as small as possible. An advantage of a fixed price contract for the buyer is:

1. Cost risk is lower
2. Cost risk is higher
3. There is little risk
4. Risk is shared by all parties.

Q6. During the identification of risks on your project, you have determined that there is a very high probability of conflict among the team during project executing over one aspect of the final design of the project. Which of the following is an example of mitigating the impact of the risk to the project?

1. Obtain an insurance policy for the anticipated cost of the impact.
2. Outsource that part of the project to another company
3. Provide the team with training on conflict resolution techniques
4. Eliminate that part of the project.

Q7. During project executing, a team member comes to the project manager because he is not sure of what work he needs to accomplish on the project. Which of the following documents contain detailed descriptions of work packages?

1. WBS dictionary
2. Activity list
3. Project scope statement
4. Project scope management plan

Q8. The project has been going relatively well, although there have been some problems with resource availability and the project scope has changed more than was expected. The project is now completing one of its phases. Of all decisions the sponsor must consider during and end-of-phase review meeting, the MOST difficult is:

1. Authorizing scope change for the next phase
2. Authorizing budget increases for the next phase based on scope changes
3. Cancelling the project
4. Decreasing scope to maintain budget

Q9. A team member wants to make a technical change o her activity that will add time to the activity estimate. What is the FIRST thing the project manager should do?

1. See if there is any time available from another activity
2. See if there is enough reserve to handle the change
3. Send a change request to the change control board
4. Determine if the activity is on the critical path.

Q10. Project risks should be identified by:

1. Those invited to the risk identification process only
2. Key project stakeholders only
3. The project manager only
4. All project personnel