Project Management Question Bank
for Exam preparation

Q2. Which statement is TRUE of quality planning?

1. Quality planning should be performed regularly throughout the project
2. Quality planning is done to compile a risk response plan
3. Quality planning is done only during development of a project management plan
4. Quality planning is not considered during project executing.

Q3. You are in charge of constructing the Ferris wheel in each town a carnival visits. However, this is something you have never done before, and you are getting different opinions from others on how long it takes. Joe is new and has given you what you believe to be an optimistic estimate of three hours; Bill says it will take 10 hours, which seems too long to you and quite pessimistic. Last, Margie, who is the most experienced at this task, is telling you it will take eight hours. You are not sure whom to believe, so you decide to do three-point estimation (based on beta distribution). Based on this, how many hours will it take you to assemble the Ferris wheel?

1. 7.5 hours
2. 8 hours
3. 21 hours
4. 7 hours

Q4. A decision tree is a Perform Quantitative Risk Analysis technique. A decision tree is represented by a Decision Tree Diagram. The decision tree describes a situation under consideration, the implications of each of the available choices, and the possible scenarios. A Decision Tree Diagram shows how to make a decision among alternative capital strategies known as:

1. Alternative nodes
2. Question points
3. Decision nodes
4. Checkpoints

Q5. Though you have tried to plan the project to accommodate all major contingencies, you are now asked for the fifth time to decrease the length of time the project will take to complete. The person completing activity C is no longer talking to you because of the added work she needed to do to accommodate previous decrease in time. She has already told you she cannot shorten her activity any more. The person doing activity D has been replaced by a new and less tested resource. The risk of crashing activity F is small. Based on this and the chart, what is the BEST thing to do?

1. Determine why there have been so many decreases to the project length
2. Invite the person doing activity C to lunch to talk about her problems
3. Evaluate the risk added to the project with the change of resources on activity D
4. Make changes to the project to decrease the time the project will take.

Q6. Your project is ahead of schedule but over budget. Therefore, you ask your team member to collect data and compare it with the cost baseline. Which of the following is not included in the cost baseline?

1. Contingency reserve
2. Activity cost estimation
3. Management reserve
4. Activity contingency reserve

Q7. Your cost forecast shows that you will have a cost overrun at the end of the project. Which of the following should you do?

1. Eliminate risks in estimates and re-estimate.
2. Meet with the sponsor to find out what work can be done sooner.
3. Cut quality.
4. Decrease scope.

Q8. Which motivational theory uses the concept of Theory Y?

1. Maslow
2. Deming
3. McGregor
4. Herzberg

Q9. Ben is the project manager for a mobile application development project. Due to a recent technological development, a significant change in the product design is required. This change would require a 25 percent increase in the project budget. Ben prepares a detailed report and emails it to the project sponsor, and the sponsor acknowledges the receipt of the report. What should Ben do next?

1. Update the cost management plan
2. Update the project budget
3. Update the project schedule
4. Wait for the formal approval of the new budget

Q10. A government agency has awarded your company a massive software project. This project has an early completion incentive, and your company has a policy of paying a bonus to the project manager if such an incentive is awarded. However, this particular government agency has a reputation for being extremely difficult to work with; there is a great deal of bureaucracy within this agency, and stonewalling and hostility toward contractors are common. The project manager will need to have excellent political skills to lead this project successfully. You have been asked to lead the project because of your expertise with this type of project. However, you have never worked within such a highly charged and political environment. What should you do?

1. Decline the project citing lack of experience.
2. Accept the project but disclose your lack of experience in this type of environment.
3. Accept the project and request that a corporate liaison be assigned to your project.
4. Accept the project.