Project Management Question Bank
for Exam preparation

Project Management- Q2. A project manager that you have been mentoring has completed the Plan Risk Responses process and has a risk response plan. What is the NEXT thing the project manager should do?

1. Update the project management plan
2. Recommend corrective action
3. Update the risk identification checklist
4. Create risk response strategies

Project Management- Q3. The resource optimization technique during the Control Schedule process allows a project manager to:

1. Schedule training sessions for the project team members to optimize their performance.
2. Schedule activities considering both the resource availability and the project time.
3. Provide monetary incentives to project team members to boost their performance.
4. Allow overtime so that team members get motivated to work during nonworking hours.

Project Management- Q4. A Work Breakdown Structure (WBS) dictionary supports the WBS and is a companion document to the WBS. Which of the following is not included in the WBS dictionary?

1. List of schedule milestones
2. Resource assigned
3. Agreement Information
4. Code of Account Identifier

Project Management- Q5. The project status meeting is not going well. Everyone is talking at the same time, there are people who are not participating and many topics are being discussed at random. Which of the following rules for effective meetings is NOT being adhered to?

1. Demonstrate courtesy and consideration of each other, control who is allowed to speak.
2. Schedule meetings in advance.
3. Have a purpose for the meeting; with the right people in attendance.
4. Create and publish an agenda and a set of rules for controlling the meeting.

Project Management- Q6. As project manager o a project, you just handled a risk event that impacted the project cost and schedule. Because the impact is 15 percent total project cost, what is the MOST appropriate action?

1. Control the cost
2. Inform the appropriate stakeholders
3. Act to bring the cost of the event within acceptable limits
4. Update the project budget.

Project Management- Q7. Two people are in the process of estimating probabilities for each of their identified risks. Which step of risk management is this?

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

Project Management- Q8. The customer on a project tells the project manager he has run out of money to pay for the project. What should the project manager do FIRST?

1. Shift more of the work to later in the schedule to allow time for the customer to get the funds
2. Enter project closure
3. Stop work
4. Release part of the project team

Project Management- Q9. The list of identified risks is found in the risk register. However, the overall high-level project risks is first listed in the:

1. Scope statement
2. Requirement document
3. Project charter
4. Risk management plan

Project Management- Q10. You have just completed the initiating processes of a small project and are moving into the planning processes when a project stakeholder asks you for the project’s budget and cost baseline. What should you tell her?

1. The project budget can be found in the project charter, which has just bee completed
2. The project budget and baseline will not be finalized and accepted until the planning processes are completed
3. The project management plan will not contain the project budget and baseline; this is a small project
4. It is impossible to complete an estimate before the project management plan is created.