Project Management Question Bank
for Exam preparation

Q2. A new project manager has just taken over a project that is 50 percent complete. As part of the hand-over process, the outgoing project manager provided the new project manager with a list of stakeholders that needed to be managed. The list had been compiled at the start of the project. Which of the following is true about stakeholders?

1. Stakeholder identification is usually performed when there are problems with the project
2. Stakeholder identification needs to happen at the start of each new phase of a project
3. Stakeholder identification is a continuous process and needs to happen all through the project
4. Stakeholder identification needs to happen at the start of the project

Q3. On-demand scheduling is one of the techniques used in agile projects. This type of scheduling relies on:

1. A schedule that was developed previously for the development of the project increments.
2. Discretionary dependencies that cannot be changed by the project team.
3. Skills of the project manager rather than the skills of the team.
4. A backlog or intermediate queue of work to be done.

Q4. 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

Q5. Who issues the project charter?

1. Sponsor
2. Project manager
3. Project team
4. Stakeholders

Q6. You are a project manager for one of many projects in a large and important program. At a high-level status meeting, you note that another project manager has reported her project on schedule. Looking back on your project over the last few weeks, you remember many deliverables from the other project that arrived late. What should you do?

1. Meet with the program manager
2. Develop a risk control plan
3. Discuss the issue with your boss
4. Meet with the other project manager

Q7. Which of these are not inputs to the Determine Budget process?

1. Cost baseline, requirements traceability matrix
2. Scope baseline, agreements
3. Basis of estimates, cost estimates
4. Risk register, resource management plan

Q8. A project manager is working with management to create the project estimate. During the initiating process group, what level of accuracy should the estimate have?

1. +/- 50 percent
2. -10 percent to +25 percent
3. -35 percent to +75 percent
4. -10 percent to +10 percent

Q9. Midway through the Collect Requirements process, a project manager finds there are many unresolved issues regarding product requirements. Which of the following is usually the best way to discover and resolve issues?

1. Interviewing
2. Use of a stakeholder register
3. Questionnaires
4. Workshops

Q10. A project has faced major difficulties in the quality of its deliverables. Management now states that quality is the most important project constraint. If another problem with quality were to occur, what would be the BEST thing for the project manager to do?

1. Fix the problem as soon as possible.
2. Allow the schedule to slip by cutting cost.
3. Allow cost to increase by fixing the root cause of the problem.
4. Allow risk to increase by cutting cost.