Project Management Question Bank
for Exam preparation

Project Management- Q2. The project manager is working to clearly describe the level of involvement expected from everyone involved in the project in order to prevent rework, conflict, and coordination problems. Which of the following BEST describes the project manager’s efforts?

1. Develop Project Management Plan and Plan Quality Management
2. Problem solving, control, and discovering gold plating
3. Validate Scope and Control Quality
4. Control Risks, Develop Project Team, and lessons learned

Project Management- Q3. Nancy is engaged in the construction of three office buildings. Although the construction sites are in various places, she has managed each team efficiently to complete the work on time and within budget. Which of the following statements describes the effort Nancy is doing?

1. Construction of each building is an operational work because it is repetitive in nature.
2. The building construction is considered neither a project nor operational work.
3. Construction of all three buildings is considered one project.
4. Construction of each building is a project because each building is separate in nature.

Project Management- Q4. Who has the cost risk in a fixed price (FP) contract?

1. The team
2. The buyer
3. The seller
4. Management

Project Management- Q5. What is the purpose of a bidder conference?

1. Awarding a contract to the most suitable vendor
2. Pre-qualifying the potential sellers
3. Ensuring all vendors have a clear understanding of the procurement
4. Developing a comprehensive seller's list

Project Management- Q6. Your company puts a new product into the marketplace without any reports of problems. However, your internal research indicates that there is a possibility of serious injuries that would cost $20,000,000 to fix. What should you do?

1. Make the necessary modifications to the products in production
2. Recall all the existing product
3. Wait until an injury to verify the impact
4. Obtain insurance to cover the anticipated damages

Project Management- Q7. You are the project manager for GeoThermal Systems. Which of the following must be done FIRST before proceeding with a new project?

1. Create the Project Scope Statement
2. Stakeholder analysis
3. Product analysis
4. Obtain Project Charter approval

Project Management- Q8. A watch list is an output of which risk management process?

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

Project Management- Q9. Which of the following is not an interpersonal skill that the project manager will use to manage stakeholders' expectations?

1. Active listening
2. Overcoming resistance to change
3. Punishment
4. Building trust

Project Management- Q10. The float of an activity is determined by:

1. Performing a Monte Carlo analysis
2. Determining the waiting time between activities
3. Determining lag
4. Determining the amount of time the activity can be delayed before it delays the critical path