Project Management Question Bank
for Exam preparation

Q2. Your boss is worried about the project schedule. There is a critical deliverable due to the federal government in two weeks. If you miss the deliverable, you could lose the entire contract. To help reduce the boss’s stress you show him the earned value calculations you just completed. They show your cost performance index (CPI) is 1) is US $490 million. Should your boss be comfortable?

1. Yes, your SV is $10 million.
2. No, your CPI is too high
3. He needs more data
4. Yes, your SPI is 1.05.

Q3. The Verify Scope process is different than the Perform Quality Control process in that:

1. Perform Quality Control focuses on the quality of the project, while Verify Scope focuses on customer acceptance
2. Verify Scope is performed throughout the project and Perform Quality Control is done throughout the project.
3. Perform Quality Control is considered part of Plan Quality while Verify Scope is not.
4. Scope verification is provided to the project management team while quality control is provided to the project.

Q4. A technique that calculates multiple project durations with different sets of activity assumptions and variables is:

1. Process Analysis
2. Theoretical Analysis
3. Simulation
4. Effect Analysis

Q5. Your project sponsor is extremely happy with the project performance to date. To celebrate, he wants to hold a party with dancing and liquor for the entire team. You are concerned because the company policy states that “no alcohol can be served at company events.” What should you do?

1. The project sponsor is responsible. Hold the event as a good teambuilding experience.
2. Inform human resources that the sponsor is serving alcohol at a company function
3. Tell the project sponsor that the party is a great idea, but no alcohol can be served.
4. Suggest the event be held outside of working hours

Q6. Your company is undergoing a change in ownership and the new owners are looking at the total cost of a new product. Which of the following would BEST provide that information?

1. Estimate at completion
2. Life cycle cost
3. Earned value
4. Net present value

Q7. The technique most commonly used by project management software packages to construct a project schedule model is:

1. Precedence diagramming method (PDM)
2. Finish-to-Start (FS)
3. Activity-In-Node (AIN)
4. Node-On-Activity (NOA)

Q8. You have assumed responsibility for a complex, business-critical project involving new technology and approaches. All of the project’s stakeholders have emphasized to you that this is a high-risk effort, and that you are responsible for effectively identifying and addressing the project’s risks. There are a number of risk management tools and approaches you have been encouraged to use, but there is no agreement from the stakeholders as to which is the superior approach. The organization sponsoring the project has recommended risk management methodologies and templates, but does not consistently or effectively use them. In addressing risk management planning for this project, what is the MOST important consideration you should keep in mind?

1. Ensure risks have been identified and mitigation strategies have been developed for the most important ones.
2. Complete at least a moderately thorough examination of available risk management tools and methodologies to select the best ones for the project.
3. Create a high quality risk management plan and risk response plan.
4. Tailor the level, type and visibility of risk management to match the risks associated with the project and the project’s importance.

Q9. A large, one-year telecommunication project is about halfway done when you take the place of the previous project manager. The project involves three different sellers and a project team of 30 people. You would like to see the project’s communications requirements and what technology is being used to aid in project communications. Where will you find this information?

1. The project management plan
2. The information distribution plan
3. The bar chart
4. The communications management plan

Q10. Control Schedule is part of which Project Management process group?

1. Monitoring and controlling
2. Planning
3. Executing
4. Initiating