Project Management Question Bank
for Exam preparation

Q2. Project information has been distributed according to the communications management plan. Some project deliverables have been changed in accordance with the project management plan. One stakeholder expressed surprise to the project manager upon hearing of a previously published change to a project deliverable. All stakeholders received the communication containing notification of the change. What should the project manager do?

1. Determine why the stakeholder did not receive the information and let him know when it was published.
2. Ask the functional manager why the stakeholder did not understand his responsibility.
3. Review the communications management plan and make revisions if necessary.
4. Address the situation in the next steering committee meeting so others do not miss published changes.

Q3. Projects operating in agile environments where a high degree of uncertainty exists and where the scope is not yet fully defined, may not benefit from detailed cost calculations due to frequent changes. Instead, lightweight estimation methods can be used to generate a fast, high-level forecast of project labor costs, which can then be easily adjusted as changes arise. Detailed estimates are:

1. Reserved for short-term planning horizons in a just-in-time fashion.
2. Never developed in an agile project.
3. Only developed if the project stakeholders allow the project manager to do so.
4. Developed early during the project but are never updated due to frequent changes.

Q4. The communications management plan for the project has been completed and approved by the customer when a major stakeholder requests that the project manager issue reports on the amount o testing done throughout the life of the project. However, testing is only a minor aspect of the quality control plan. It would be BEST for the project manager to:

1. Issue the report, as this is a major stakeholder. Her needs would have been included in the staffing management plan.
2. Not issue the report. Project resources should be expended on communication information that contributes to success.
3. Request details of the information the stakeholder needs in the report. Provide that information to those handling the quality control function on the project.
4. Have the stakeholders meet with the project sponsor to get the sponsor’s agreement that project funds should be expended on this effort.

Q5. Janice, a project manager, wanted to obtain early feedback on the project requirements. However, she was concerned that the abstract representations of the requirements might not elicit useful feedback. Which of the following tools and techniques might help her overcome this hurdle?

1. Histograms
2. Prototypes
3. Ishikawa diagram
4. Control charts

Q6. Rodney is in the process of preparing the project performance report for the team meeting. He is expecting many questions from his stakeholders on the budget and schedule. He calculates the following values: Budget at Completion (BAC) = $22,000, Earned Value (EV) = $13,000, Planned Value (PV) = $14,000, Actual cost (AC) = $15,000. What is the Estimate at Completion (EAC) for the project, if the work is performed at the budgeted rate?

1. $24,000
2. $36,000
3. $22,500
4. $37,000

Q7. Your project management plan results in a project schedule that is too long. If the project network diagram cannot change but you have extra personnel resources, what is the BEST thing to do?

1. Fast track the project.
2. Level the resources
3. Crash the project
4. Monte Carlo analysis

Q8. A fire has just destroyed a warehouse that was being constructed as part of a large project you are managing. What would have been the easiest way to ensure that this force majeure would not significantly impact the cost of the project?

1. Reduce the impact of such risk by transference
2. Reduce the probability that the event will take place
3. Accept the risk
4. Eliminate the threat by not building the warehouse.

Q9. Which of the following is the BEST project management tool to use to determine the longest time the project will take?

1. WBS
2. Network diagram
3. Bar chart
4. Project charter

Q10. The calculated duration of a project of 28.166. The standard deviation is 5.5. What technique would you use to compute the probability of completing a project on a specific day?

1. Reserve analysis
2. Monte Carlo analysis
3. Probability analysis
4. Variance analysis 44