Project Management Question Bank
for Exam preparation

Q2. A number of teams are developing an enterprise system using the agile approach for product development. Which of the following is a major risk item for such a complex project being performed in an agile environment?

1. Number of interconnected dependencies between the features developed by different teams.
2. Number and size of teams developing the larger features.
3. Scope definition and freezing early during the planning phase.
4. Emphasis on schedule control over risk management.

Q3. Your company puts a new product into the marketplace without any reports of problems. However, your internal research indicates that there is a possibility of serious injuries that would cost $20,000,000 to fix. What should you do?

1. Make the necessary modifications to the products in production
2. Recall all the existing product
3. Wait until an injury to verify the impact
4. Obtain insurance to cover the anticipated damages

Q4. Which of the following is a hierarchical representation of project risks?

1. Risk Register
2. Risk Mitigation
3. Risk Categories
4. Risk Breakdown Structure

Q5. You are in the process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule. Which of the following is not a tool and technique of this process?

1. Expert judgment
2. Decomposition
3. Data analysis
4. Meeting

Q6. You are reviewing the response to an RFP issued by your company for a project that will last a year and exceed US$5 million. Three vendors have been shortlisted. The first, Nosteltec, Inc., is a relatively new company in this industry. It has assembled a team of industry experts with vast industry experience and qualifications. The second company, Xen Contractor, has been in business for 20 years. You and your company have a long and positive history working with this vendor. The third company is SonoNet LLC. It has been in business for 10 years and has a reputation for extensive expertise and superior delivery. They are also well-known for being one of the more expensive providers in the market. You have many relationships with the Xen Contractor staff, which you established during prior procurement contracts with this company. As a result, a project manager from Xen Contractor, with whom you are friendly both personally and professionally, calls you for clarification on a point

1. Clarify via email
2. Clarify via phone call
3. Advise the vendor that the RFP is self-explanatory
4. Send the clarification to all three vendors

Q7. What might historical records from previous projects used as an input to the Define Activities process include?

1. Activities
2. Resources
3. Costs
4. Schedule

Q8. Your employee is three days late with a report. She walks into a meeting where the report is to be discussed and hands you a copy five minutes before the topic is to be discussed. You noticed some serous errors in the report. How could this have been prevented?

1. Require periodic updates from the employee.
2. Coach and mentor the employee.
3. Make sure the employee was competent to do the work.
4. Cancel the meeting earlier because you did not have a chance to review the reports.

Q9. The networking vendor has contacted the project manager to inform her that the recent earthquake will impact the delivery of critical components. The project team meets to determine the impact on the overall project and determines that staffing will not be affected, but that changes will need to be made in the areas of risk and cost management. It is too soon to tell if quality baselines will be affected by this schedule change. What is the project team involved in here?

1. Configuration management
2. Work authorization analysis
3. Status review meeting
4. Integrated change control

Q10. The authorized time phased budget which you use to monitor and control the cost of the project is known as:

1. Funding limit reconciliation
2. EAC
3. Cost baseline
4. Schedule baseline