Project Management Question Bank
for Exam preparation

Q2. If earned value (EV) is US $300,000, actual cost (AC) is US $350,000, and planned value (PV) is US $375,000, what does the schedule performance index (SPI) indicate?

1. You are only progressing at 86 percent of the rate originally planned.
2. You are progressing at 125 percent of the rate originally planned.
3. You are progressing at 116 percent of the rate originally planned.
4. You are only progressing at 80 percent of the rate originally planned.

Q3. Although it is highly recommended that lessons learned are captured and documented throughout the project lifecycle, lessons learned are finalized during project closure. At this stage, responses to high-level questions may be gathered and documented. Which of the following is not an appropriate question to ask at this stage?

1. What were the top significant project successes?
2. How relevant the historic lessons learned were to this project during execution?
3. What obstacles or unanticipated circumstances made it difficult to complete the project?
4. What should have been done differently in this project?

Q4. Company A is developing a project similar to one it delivered nearly 12 months earlier. What is the MOST likely approach to defining project activities?

1. Review organizational process assets
2. Add similar, if not the same, skill sets to the project team
3. Gather the team for a brainstorming session
4. Hire a third party expert to avoid mistakes that were encountered during previous projects.

Q5. Julia is managing a software development project. Recently, an unexpected event delayed the project by 15 days. Julia has called a team meeting to identify measures to take to bring the project back on schedule. A measure that is taken to bring future results back in line with the project plan is best described as?

1. Change request
2. Preventive action
3. Corrective action
4. Defect repair

Q6. Which of the following is NOT needed in order to come up with a project estimate?

1. A WBS
2. A network diagram
3. Risks
4. A change control system

Q7. A project manager meets with a resource manager and asks to move resources from project A to project B. What is the MOST likely reason for this request?

1. A problem has caused delay beyond the project manager’s ability to control
2. Project A has become higher priority within the organization
3. An activity has taken longer than planned
4. An activity was missed because a work breakdown structure was not created.

Q8. You have just been assisted as project manager for a large manufacturing project. This one-year project is about halfway done. It involves five different sellers and 20 members of your company on the project team. You want to quickly review where the project now stands. Which of the following reports would be the MOST helpful in finding such information?

1. Work status
2. Progress
3. Forecast
4. Communications

Q9. A project has a schedule reserve of 28 days when the customer adds scope not previously planned for. The change has a 40 percent chance of delaying the project by an additional 14 days. What should be done?

1. Add more resources to the project.
2. Look for ways to cut 14 days of work from another activity.
3. Add 5.6 days to the schedule reserve.
4. Plan to add 14 days of overtime to the project.

Q10. 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