Project Management Question Bank
for Exam preparation

Project Management- Q2. What is a GERT chart?

1. A bar chart showing project activities and their schedule
2. A chart showing the upper and lower control limits
3. A chart showing the causes of issues
4. A chart showing loops between activities

Project Management- Q3. During which stages of a project should the project manager be most active in managing project stakeholders’ needs and expectations?

1. Initiating and planning
2. Planning and executing
3. Executing and controlling
4. Controlling and closing

Project Management- Q4. Your project team has identified dependencies on six related projects that are providing major deliverables to your project. Some of these projects have a very similar scope and may overlap with your deliverables. In light of this, which of the following processes should you be MOST concerned about?

1. Control Scope
2. Verify Scope
3. Plan Risk Responses
4. Plan Communications.

Project Management- Q5. You have signed a contract with the client to provide manpower for 50 USD/hour. Moreover, you will also be reimbursed for any costs incurred, along with a fixed fee of 25,000 USD. What kind of contract is this?

1. FPIF
2. T&M
3. CPAF
4. CPIF

Project Management- Q6. The agile technique of on-demand scheduling is not suitable when:

1. Product deliverables can be incrementally developed.
2. Project requirements can be decomposed into smaller chunks that are relatively similar in size and scope.
3. Project tasks can be bundled by size and scope.
4. The use of a predictive lifecycle is mandated by the customer.

Project Management- Q7. When one factor used to determine the effort required to produce a unit of work is increased while all other factors remain fixed, a point will eventually be reached at which additions of that one factor start to yield progressively decreased productivity. This is known as:

1. The 100 percent rule
2. The Pareto Law
3. The law of diminishing returns
4. The theory of constraints

Project Management- Q8. Who is primarily responsible for the dissemination of the approved project charter and for ensuring that all key stakeholders have a common understanding of the project’s key deliverables and milestones?

1. Project sponsor
2. Project team
3. Project manager
4. Project client

Project Management- Q9. Under which of the following scenarios would you not use a decision tree?

1. When some future scenarios are unknown
2. When you need to look at the implications of not choosing certain alternatives
3. When the future scenarios are known
4. When the outcomes of some of the actions are uncertain

Project Management- Q10. A heuristic is BEST described as a:

1. Control tool.
2. Scheduling method
3. Planning tool
4. Rule of thumb