Project Management Question Bank
for Exam preparation

Q2. Negotiations between two parties are becoming complex, so Party A makes some notes that both parties sign. However, when the work is being done, Party B claims that they are not required to provide an item they both agreed to during negotiations, because it was not include in the subsequent contract. In this case, Party B is:

1. Incorrect, because both parties must comply with what they agreed upon.
2. Correct, because there was an offer
3. Generally correct, because both parties are only required to perform what is in the contract
4. Generally incorrect, because all agreements must be upheld.

Q3. A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project?

1. Perform Qualitative Risk Analysis
2. Perform Quantitative Risk Analysis
3. Identify Risks
4. Plan Risk Management

Q4. Andy has just become the project manager of a multi-million-dollar construction project. Andy also has an approved project charter that authorizes him to apply organizational resources to the project. Now, Andy wants to take all key stakeholders onboard with the project charter. Where can Andy find a preliminary list of all key stakeholders?

1. Project charter
2. Stakeholder register
3. Project management plan
4. Risk register

Q5. All of the following MUST be present to have a contract EXCEPT:

1. Procurement statement of work.
2. Acceptance.
3. Address of the seller
4. Buyer’s signatures.

Q6. In change management, CCB reviews the changes in processes or in the baseline and then make a decision to either approve or reject it. On the other hand, configuration control deals with any change in product specification and the processes. Which of the following activities is not included in the perform integrated change control process?

1. Configuration status accounting
2. Configuration account checking
3. Configuration identification
4. Configuration verification and audit

Q7. Your boss tells you that one of your resources is needed on another project. All the activities in the chart are occurring at the same time. Assuming that all the resources listed have the necessary skills to work on the other project, who would you pick to move to the other project?

1. The resource working on Activity D
2. The resource working on Activity C
3. The resource working on Activity H
4. The resource working on Activity B

Q8. In which of the following situations would it be better to avoid using Analogous Estimating?

1. When the project team members have the needed expertise
2. When an accurate estimate is required
3. When a low value estimate is required
4. When the previous activities are similar in fact and not just appearance

Q9. A technique that calculates multiple project durations with different sets of activity assumptions and variables is:

1. Process Analysis
2. Theoretical Analysis
3. Simulation
4. Effect Analysis

Q10. Which of the following processes produces a Risk Register?

1. Perform Quantitative Risk Analysis
2. Plan Risk Management
3. Perform Qualitative Risk Analysis
4. Identify Risks