Project Management Question Bank
for Exam preparation

Q2. Which of the following is an important input to the Validate Scope process?

1. Validated deliverables
2. Organizational process assets
3. Accepted deliverables
4. Change requests

Q3. Interpersonal skills are important for a project manager as they help him or her to manage stakeholders properly. Which of the following is not an interpersonal skill?

1. Communication style assessment
2. Political awareness
3. Work environment
4. Cultural awareness

Q4. Joe is attempting to calculate the probable financial impact of some future uncertain scenarios. What method could he use?

1. Pareto analysis
2. Earned value analysis
3. Variance analysis
4. Expected monetary value analysis

Q5. Tim is the project manager for a shopping mall construction project which is in its fourth month of execution. According to the project contract, Tim can only issue project invoices when the project is 25%, 50%, 75% and 100% complete in terms of the approved project schedule. Recently the 25% milestone has been reached and Tim is ready to issue his first invoice. According to the contract, the project must be completed in 12 months. What is the project’s SPI?

1. 0.25
2. 0.75
3. 0.33
4. 1.33

Q6. Velvet is working for a chemical industry, and her management proposed two different projects to manufacture benzene for commercial use. After doing financial analysis, the financial advisor provided her with the following statistics about the projects: Project 1: 60 percent probability of success with a profit of $500,000 and 20 percent probability of failure with a loss of $200,000. Project 2: 30 percent probability of success with a profit of $300,000 and 30 percent probability of failure with a loss of $400,000. Based on the information above, Velvet should choose:

1. Either project 1 or project 2
2. Neither project 1 nor project 2
3. Project 2
4. Project 1

Q7. During the executing process group of the project, a team member identifies a new risk. What should occur in light of this identification?

1. Include it in the risk triggers
2. Test its assumptions
3. Add it to the risk management plan
4. Assess this risk.

Q8. A RAM diagram shows the relationship between ______________ and _____________ in a tabular format.

1. Cause and effect
2. Risks and mitigation plans
3. Deliverables and costs
4. Work packages and project team members

Q9. When is it BEST to perform the Close Project or Phase process?

1. At the beginning of the project with verification throughout the project.
2. At the end of project planning
3. During project closure
4. At the end of each project phase

Q10. Your project schedule is tight and in danger of falling behind when two team members start disrupting status meetings by arguing with each other. As project manager, what is the BEST thing you can do?

1. Separate the two until the project is back on track
2. Tell each team member they will not receive a recommendation from you if they continue arguing
3. Discuss the problem with the two team members
4. Meet with both team members and their manager to determine the source of conflict.