Project Management Question Bank
for Exam preparation

Q2. Funding requirements for a project are usually in incremental amounts that are not continuous. These increments appear as a step function in the graph depicting Cash flow, Cost baseline and Funding. Any gap at the end of the project between the funds allocated and the cost baseline represents:

1. Management reserves
2. Contingency reserves
3. Cost variance
4. Charting error

Q3. The primary customer of a project has requested an application change during user testing. As project manager, how should you BEST address this issue?

1. Develop a risk mitigation plan
2. Through a formal change request
3. Inform the project sponsor of changes to the scope cost and schedule
4. Ensure that scope change complies with all relevant contractual provisions

Q4. The project manager has noticed that there have been a lot of changes on the project. This has not been considered to be a problem until one day he discovers that he cannot determine how many scope changes are currently being reviewed. This problem would be an error in which of the following?

1. Change control system and project scope management plan
2. Plan purchases and acquisitions and requirements gathering
3. Lack of a change control board and constrained optimization
4. A poor change configuration system and benefit analysis

Q5. The project is being completed faster than planned. Which of the following would NOT account for why this has occurred?

1. Trend analysis was used to eliminate the need for some testing
2. A pre-made item was purchased instead of the team creating it.
3. A critical path and a noncritical path activity were fast tracked.
4. A critical path activity was compressed

Q6. Performance reporting is important during administrative closure, in order to:

1. Show progress made on activities.
2. Communicate the team’s success.
3. Gain approval to start the lesions learned.
4. Prove formal acceptance has been achieved.

Q7. A project manager was assigned to a project when the project charter was in development. Which of the following is an input that the project manager will use to develop the project charter?

1. Make-or-Buy analysis
2. Organizational Process Assets
3. Project Acceptance Criteria
4. Project Scope Statement

Q8. You are new to project management, but you have been managing a small project successfully. Now, management has given you another project to manage, something you are excited about. However, the new project is growing exponentially every day. You have also learned that a project manager you work with managed a similar project last year. What should you do?

1. Wait to see if the scope of the project continues to grow
2. Get the project assigned to the PM who managed the similar project
3. Obtain historical records and get guidance from the project manager
4. Speak to the other project manager to develop your project plans

Q9. Company A is developing a project similar to one it delivered nearly 12 months earlier. What is the MOST likely approach to defining project activities?

1. Review organizational process assets
2. Add similar, if not the same, skill sets to the project team
3. Gather the team for a brainstorming session
4. Hire a third party expert to avoid mistakes that were encountered during previous projects.

Q10. The probabilistic analysis of the project is an input to which part of the risk management plan?

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