Project Management Question Bank
for Exam preparation

Q2. Enterprise environmental factors are conditions under which you must work and you cannot control them. Which of the following is not an enterprise environmental factor?

1. Organization culture
2. Market condition
3. Corporate knowledge base
4. Project management information system

Q3. You are a project manager working on a project that requires 100 items to be tested, spaced evenly over five weeks. You have just begun week three, with an overall budget of US $10,000. To date, you have spent US $2,000 with 40 items tested successfully. What does the cost variance (CV) tell you in this circumstance?

1. The project is proceeding at 100 percent of the expected rate.
2. The project is $2,000 under budget
3. The project is on budget
4. The project is getting $2 of work for every dollar spent.

Q4. You are in the process of creating, collecting, distributing, storing, retrieving, and the ultimate disposition of project information in accordance with the communications management plan. What is the output of this process?

1. Project management plan update
2. Communication management plan
3. Change requests
4. Work performance information

Q5. You are authorized to approve expenditures above $15,000. For the last several weeks, you have been negotiating the terms and pricing of a contract with a vendor, and you want to keep costs as low as possible. This has been an exceedingly difficult negotiation process. A colleague suggests you tell the vendor you can only approve expenses below $10,000 as a way to keep the price low. What do you do?

1. Ask for binding arbitration
2. Tell the vendor you are only authorized to approve expenses under $10,000
3. Do not follow the colleague‘s advice
4. Put a deadline on the negotiation completion

Q6. You are the project manager for Commodities, Inc. You are involved in a new project to create an internal website for the employees that will allow them to view events within the company. All of the following options listed are project constraints except:

1. The project must be completed by December 31 of the current year.
2. There is a budget of $75,000 for the project.
3. The navigation menu for the website must be on the top of the page.
4. Only three employees are available to work on the project.

Q7. You are reviewing the expense reports for one of your team members when you notice a payment he made in another country. You think the payment is a bribe. What is your FIRST course of action?

1. Seek legal advice.
2. Contact the payee in the other country and ask if the payment was a bribe.
3. Ignore the problem. It is in the past
4. File a permit authorizing the team to make such payments.

Q8. You have been hired as a consultant for a project that is in trouble. You meet the project manager and ask several questions regarding the project budget, the project end date, etc. The project manager was not able to answer some of these questions properly, so you decided to verify them yourself. What document will you refer to in order to verify such facts?

1. Project management plan
2. Cost and schedule baselines
3. Project charter
4. Performance report

Q9. Which of the following are GENERALLY illustrated BETTER by bar charts than network diagrams?

1. Logical relationships
2. Critical paths
3. Resource trade-offs
4. Progress or status.

Q10. Lag means:

1. The amount of time an activity can be delayed without delaying the project finish date
2. The amount of time an activity can be delayed without delaying the early start date of its successor.
3. Waiting time
4. The product of a forward and backward pass