Project Management Question Bank
for Exam preparation

Q2. All of the following are factors in the assessment of project risk EXCEPT:

1. Risk event
2. Risk probability
3. Amount at stake
4. Insurance premiums.

Q3. A project manager has managed four projects for the company and is being considered to join the project management office team. The following is discovered during the evaluation of his performance. The project manager’s first project had an ending cost variance of -500, used two critical resources, needed to rework the project charter during project executing and was ranked 14th in priority within the company. The second project finished with a schedule variance of +100, was completed with a vastly compressed schedule and received a letter of recommendation from the sponsor, but the product of the project was not used. The third project had 23 percent more changes than expected, had an SPI of 0.90, and 25 open items in the issue log when the project was completed. Each of these projects had a cost budget of US $1,000 and 20 to 28 percent more changes than others of its size. The project management office decided not to add this project manager to the team. Which of the following BEST describes why this might have happened?

1. The project manager has only managed low-priority projects and he had to compress the schedule, showing that he does not have the skill to work in the project management office.
2. Issue logs should not be used on projects of this size, showing that the project manager does not have the knowledge to work in a project management office
3. The project manager did not effectively involve the stakeholders, showing that he does not have the knowledge to work in the project management office
4. The project manager had two critical resources on their team and still needed to rework the project charter, showing that he does not have the discipline to work in the project management office.

Q4. Based on the chart, while completing the project, a team member tells you that the team forgot something during planning. Activity F needs the results of activity E before it can begin. Taking this new dependency into account, what would be the effect on the project?

1. It would increase the critical path
2. Communication would be more complex
3. There would be no effect
4. It would delay activity F

Q5. A program management office (PMO) chose you to write a purchase order because of your expertise in business writing. You learned the PMO has already selected a seller for a software product and would like to award the procurement contract to the selected seller as a purchase order, which you must prepare. In this scenario, the PMO is administering:

1. The monitor stakeholder engagement process
2. The control procurements process
3. The plan procurement management process
4. The conduct procurements process

Q6. Which of the following is a benefit of an analogous project estimate?

1. The estimate will be closer to what the work will actually require
2. It is based on a detailed understanding of what the work requires
3. It gives the project team an understanding of management’s expectations
4. It helps the project manager determine if the project will meet the schedule.

Q7. Although it is highly recommended that lessons learned are captured and documented throughout the project lifecycle, lessons learned are finalized during project closure. At this stage, responses to high-level questions may be gathered and documented. Which of the following is not an appropriate question to ask at this stage?

1. What were the top significant project successes?
2. How relevant the historic lessons learned were to this project during execution?
3. What obstacles or unanticipated circumstances made it difficult to complete the project?
4. What should have been done differently in this project?

Q8. Which of the following is a hierarchical representation of project risks?

1. Risk Register
2. Risk Mitigation
3. Risk Categories
4. Risk Breakdown Structure

Q9. A project manager on a multinational website implementation project is at a party and talks to friends who will be heavy users of this new website when the project is complete and the site is rolled out. They describe some annoying aspects of the current website. The project manager takes this feedback to the sponsor, and encourages design and scope changes. Which of the following BEST describes what the project manager has done?

1. Scope validation
2. Integrated change control
3. Stakeholder analysis
4. Scope planning

Q10. In your project, two important stakeholders are having some issues. To keep this issue from escalating further you intervene and resolve the issue. After the issue is resolved you asked your team member to record the issue so in the future a lesson can be learned from it. Where will you note the issues between stakeholders?

1. Risk register
2. Issue log
3. Stakeholder register
4. Change log