Project Management Question Bank
for Exam preparation

Q2. Which of the following inaccurately describes a prototype?

1. A prototype is tangible and allows stakeholders to fine-tune their expectations.
2. Requirements from a prototype are usually insufficient to move to the design phase.
3. Prototypes support the concept of progressive elaboration.
4. A prototype is a working model of the expected product.

Q3. 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.

Q4. The outputs of the Plan Risk Responses process include a risk response plan, risk response owners assigned, and:

1. Residual risks
2. Closed risks
3. Probability and impact matrix
4. Probability of achieving cost objectives 96

Q5. Based on the network diagram shown in the chart, what is the duration of the critical path?

1. 33
2. 44
3. 31
4. 36 73

Q6. Your company just won a major new project. It will begin in three months and is valued at US $2,000,000. You are the project manager for an existing project. What is the FIRST thing you should do upon hearing of the new project?

1. Ask management how the new project will use resources
2. Resource level your project
3. Crash your project
4. Ask management how the new project will affect your project.

Q7. Approved corrective action is an input to which of the following processes?

1. Validate Scope
2. Direct and Manage Project Work
3. Develop Project Charter
4. Develop Schedule

Q8. Which of the following components of a project scope statement is useful in reducing scope creep?

1. Acceptance criteria
2. Deliverables
3. Scope description
4. Exclusions

Q9. Laurence is the PMO manager at ANZ Company. The CEO of the company asked Laurence to review the business requirements and develop the current year’s capital management plan. The capital management plan will outline the key business deliverables (capital projects) and will go to the board for final approval. Which of the following organizational artifacts should Laurence review to analyze the business requirements for the current fiscal year?

1. Lessons Learned
2. Capital budget for the current year
3. Organizational Process Assets
4. Organizational Strategy

Q10. You have been given a project to construct a small dam. Currently, you are visiting your project stakeholders and asking about their needs and expectations. You also have had many workshops and brainstorming sessions with them. Which process is this?

1. Identify stakeholders
2. Collect requirements
3. Define scope
4. Control scope