Project Management Question Bank
for Exam preparation

Q2. Mark is managing an airport construction project. He is currently identifying his project stakeholders, and he has compiled a long list of stakeholders already. Managing expectations of every project stakeholder is not practical. What should he do in this situation?

1. Project stakeholders should be prioritized based on their influence and interest.
2. Stakeholder analysis should be outsourced.
3. Non-key stakeholders should be dropped from the stakeholder register.
4. Stakeholder management processes should not be followed for such complex projects.

Q3. A project manager is using weighted average duration estimates to perform schedule network analysis. Which type of mathematical analysis is being used?

1. Critical path method
2. PERT
3. Monte Carlo
4. Resource leveling

Q4. The program was planned years ago, before there was a massive introduction of new technology. While planning the next project in this program, the project manager has expanded the scope management plan because as a project becomes more complex, the level of uncertainty in the scope:

1. Remains the same.
2. Decreases
3. Decreases then increases
4. Increases.

Q5. Erica is managing a kitchen tools manufacturing project, which is intended to produce modern cooking ovens. This project is hugely important for the company as well as for Erica‘s career. Although the project scope statement was well-defined and requirements were gathered from stakeholders in the planning phase, many design change requests have come in from customers during project execution. Which of the following tasks must Erica perform to avoid scope creep caused by uncontrollable changes?

1. Perform validate scope process and process all changes through the plan risk responses process
2. Perform integrated change control process and process all changes through the control quality process
3. Perform scope control and process all changes through the integrated change control process
4. Perform scope control and process all changes through the validate scope process

Q6. In the earned value management technique, the cost performance baseline is:

1. Cost Measurement Baseline (CMB)
2. Performance Measurement Baseline (PMB)
3. Performance Base Value (PBV)
4. Actual Baseline (AB)

Q7. If Project A has a net present value (NPV) of US $30,000 and project B has an NPV of US $50,000, what is the opportunity cost if project B is selected?

1. $23,000
2. $30,000
3. $20,000
4. $50,000

Q8. Linear programming is an example of what type of project selection criteria?

1. Constrained optimization
2. Comparative approach
3. Benefit measurement
4. Impact analysis

Q9. A project manager is unsure of how much cost reserve to add to the project. There is a 50 percent chance of a weather delay causing an impact of US $100,000 and a 30 percent chance of a delay in the testing center with a US $20,000 impact. How much should the cost reserve be?

1. Less than $50,000
2. More than $120,000
3. Less than $20,000
4. More than $56,000

Q10. You are in the planning phase of a project and you find that, due to a miscommunication, some additional features were added to the product which were not requested by any of your stakeholders. Which of the following could help you avoid such a situation?

1. Requirements traceability matrix
2. WBS
3. RACI chart
4. Checklist analysis