Project Management Question Bank
for Exam preparation

Q2. Management is sending a team of experts for a risk audit. You inform management that you have already completed the risk review process and did not find any shortcomings, so there is no need for a risk audit. However, management is firm on their decision. Which of the following is true about the risk audit and risk review?

1. A risk audit is performed to see the effectiveness of a risk response plan
2. A risk audit is performed to see if you are following the correct procedures
3. A risk review is performed to see if you are following the correct procedures
4. Both are the same but an audit is done by external experts and a review is done internally

Q3. James has been managing a hotel construction project on a busy street. He is in the process of estimating activity durations for building walls, and he calculates the most likely estimate as 15 days. If prefabricated material is used, it would take no more than 12 days to finish the work. The work may be delayed and could take up to 18 days if less experienced construction workers build the walls. What is the expected duration of building walls using the three-point estimate?

1. 12 days
2. 11 days
3. 16 days
4. 15 days

Q4. An organization’s value chain can be represented by a special type of flowchart called SIPOC. SIPOC stands for:

1. Superior service, inferior service, peak hour service, optimized service, and client service
2. Simple, intellectual, procedural, optimal coding
3. Sample, information, practice, organization, and control
4. Suppliers, inputs, process, outputs, and customers

Q5. Scope decomposition involves subdividing the major project deliverables into smaller pieces to:

1. Improve the accuracy of estimates, define a baseline for performance and assist with responsibility assignments.
2. Provide more activities to assign to resources
3. Provide the project duration, provide project control, and assign control charts.
4. Assist in stakeholder assignment to project activities.

Q6. You have just been assigned as the project manager for a new telecommunications project that is entering the second phase of the project. There appear to be many risks on this project, but no one has evaluated them to assess the range of possible project outcomes. What needs to be done?

1. Plan Risk Management
2. Perform Quantitative Risk Analysis
3. Plan Risk Responses
4. Control Risks.

Q7. Which of the following statements BEST describes how stakeholders are involved on a project?

1. They help to determine the project schedule, deliverables, and requirements.
2. They help to determine the project constraints and product deliverables.
3. They help to determine the resource needs and resource constraints on the project.
4. They approve the project charter, help provide assumptions, and create the management plans.

Q8. Which motivational theory uses the concepts of esteem and selfactualization?

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

Q9. Which of the following techniques focuses on identifying non-value-added activities in a project?

1. Pareto charting
2. Process analysis
3. Root cause analysis
4. Affinity diagrams

Q10. A project team member has completed his work on the project. Which of the following MUST the project manager do?

1. Provide the team member with copies of his work on the project
2. Update the employee’s records with the new skills acquired.
3. Invite him to the project closure party
4. Check to make sure he is happy with his performance.