Project Management Question Bank
for Exam preparation

Q2. RACI stands for______________, ________________, ___________, _______________.

1. Review, Analyze, Calculate, Implement
2. Responsible, Actual, Complete, Informative
3. Roles, Activities, Costs, Instructions
4. Responsible, Accountable, Consult, Inform

Q3. The Earned Value Management methodology can be used to:

1. Forecast future performance based on current performance
2. Calculate the number of days left in the project
3. Calculate the value provided to the customer
4. Calculate the profitability of the project

Q4. All of the following come after the Define Scope process EXCEPT:

1. Estimate Activity Durations
2. Develop Human Resource Plan
3. Estimate Costs
4. Collect Requirements

Q5. Which of the following is not a basic input required to develop an effective project stakeholder engagement plan?

1. Stakeholder register
2. Enterprise environmental factors
3. Organizational process assets
4. Stakeholder engagement assessment matrix

Q6. To create a quality product, the project management team invested in training the project team members and purchasing high-end equipment. Such costs are:

1. Failure costs
2. Costs of Nonconformance
3. Appraisal costs
4. Prevention costs

Q7. What does estimate at completion (EAC) mean?

1. Each anticipation cost for the project
2. Estimated average cost at project completion
3. Anticipated total cost at project completion
4. Anticipated expenses at project completion

Q8. While planning the schedule for your project, you frequently refer to the project calendar. The project calendar is:

1. A calendar containing the days on which various meetings are scheduled with the project team.
2. A calendar of working days or shifts that establishes those dates on which schedule activities are worked.
3. A calendar containing the list of days on which the project team members will be on leave or take an “off.”
4. A calendar that establishes the dates on which project deliverables go to the customer.

Q9. What might historical records from previous projects used as an input to the Define Activities process include?

1. Activities
2. Resources
3. Costs
4. Schedule

Q10. You just completed a cost estimate on the project, and you’re assuming there is a 15 percent chance you will exceed this estimate. You are:

1. Below the mean
2. Above the mean
3. Above the median
4. Below the median.