Project Management Question Bank
for Exam preparation

Q2. The agile technique of on-demand scheduling is not suitable when:

1. Product deliverables can be incrementally developed.
2. Project requirements can be decomposed into smaller chunks that are relatively similar in size and scope.
3. Project tasks can be bundled by size and scope.
4. The use of a predictive lifecycle is mandated by the customer.

Q3. Your project is being completed in another country. It is going reasonably well and is ahead of the cost projections when one of the local officials informs you he will make sure the project work stops unless you pay him $50. What is the BEST thing to do?

1. Make the payment
2. Offer to pay more than the requested amount to get more support from the official in the future.
3. Offer to pay a smaller amount to discourage future requests for larger amounts.
4. Do not make the payment 26

Q4. The project manager must identify ____________, determine their requirements, and then manage and influence those requirements to ensure a successful project.

1. Functional managers.
2. Stakeholders
3. Scope.
4. End users

Q5. The project manager is involved in the Develop Schedule process for the project. He has analyzed the project, compressed the schedule and completed a Monte Carlo analysis. Which of the following is an output of Develop Schedule?

1. Activity duration estimates
2. Change requests
3. Resource requirement updates
4. Work breakdown structure

Q6. A stakeholder register contains all the information about the stakeholders. Which of the following is not included in the stakeholder register?

1. List of stakeholders
2. Stakeholders’ classification
3. Responsibility of assignments
4. None of the above

Q7. Which of the following is a common problem in the Close Project or Phase process?

1. Retaining resources to complete the project
2. Completing the quality assurance plan
3. Obtaining scope verification
4. Completing a project charter

Q8. As an external vendor, you are managing a complex software project on a time-and-materials (T&M) contract. One of your team members reports a breakthrough in automating some of the testing activities. This may result in cost savings to the project and completion of the project one month ahead of schedule. Which of the following actions would you take?

1. This is confidential information within your project team and there is no need to share with the customer. The savings will be additional profits on the project.
2. Communicate the current status and inform the customer you will incorporate some additional features to use up the savings in cost and time since it was budgeted.
3. Communicate the current status to the customer and indicate the potential changes to cost and schedule.
4. Communicate the savings in cost and time to the customer. At the end of the project, notify your billing department that they need to prepare an invoice for 50 percent of the cost saved.

Q9. You are in the initiation phase of your project, and you believe the project can be completed for $100,000. However, you are an experienced project manager and know that many things can happen between the initiation phase and the closure of the project. In the project charter, you have provided an estimate of $75,000 to $175,000. This is an example of:

1. Narrow Estimate
2. Absolute Estimate
3. Rough Order of Magnitude Estimate
4. True Estimate

Q10. Your company is having problems delivering the finished product from the factory to the warehouses, which are located in different geographical areas. To smooth out the process, you have identified all critical stages for this procedure. What will be your next step?

1. You will use a Tornado diagram
2. You will use an Ishikawa diagram
3. You will use a Scatter diagram
4. You will use a Pareto analysis