Project Management Question Bank
for Exam preparation

Project Management- Q2. If you are managing changes to the project's cost baseline, which process are you using?

1. Negotiate Costs
2. Estimate Costs
3. Control Costs
4. Determine Budget

Project Management- Q3. A good project manager knows the value of effective stakeholder management. What is the ultimate goal of effective stakeholder management?

1. Stakeholder engagement
2. Project success
3. Stakeholder satisfaction
4. Meeting project objectives

Project Management- Q4. Which of the following BEST describes what co-location does for the project?

1. Saves cost
2. Reduces communication problems
3. Accelerates schedule
4. Improves opportunities

Project Management- Q5. You need to shorten the duration of this project by five months. Included in your solution, based on the chart, would be to crash activity C. However, further analysis reveals that this activity has two days of float. What should you do?

1. Crash activities F and H
2. Crash activity D
3. Crash activities D and H
4. Crash activity
5. 79

Project Management- Q6. During the risk analysis process, you find that a specific risk has a remote chance of happening and if it occurs, it will have very little effect on the project objective. What will you do with this risk?

1. Analyze it further
2. Assign it a risk owner
3. Keep it in watch list
4. You will ignore it

Project Management- Q7. A project uses rounding of activity cost estimates data to the nearest $100, uses staff hours as the unit of measure for resources, and has a variance threshold of 10 percent deviation from the baseline plan. These approaches are typically documented in the:

1. Cost management plan
2. Scope Statement
3. WBS
4. Project charter

Project Management- Q8. A project manager is trying to budget time for the various processes in the Project Schedule Management Knowledge Area. As project activities are performed, in which of these processes will the majority of effort occur?

1. Control Schedule
2. Estimate Activity Durations
3. Define Activities
4. Develop Schedule

Project Management- Q9. A data point on a control chart that requires investigation is called:

1. A special cause
2. Gold plated
3. A rule of seven
4. A specification limit

Project Management- Q10. A stakeholder register contains all the information about the stakeholders. Which of the following is not included in the stakeholder register?

1. List of stakeholders
2. Stakeholders’ classification
3. Responsibility of assignments
4. None of the above