Project Management Question Bank
for Exam preparation

Q2. You are in the final phase of a low-cost car manufacturing project. This project has successfully delivered a low-cost car that runs on batteries. However, to close this project and avoid auditing from government authorities, it must demonstrably comply with many administrative standards. Since your organization possesses experts who know closing procedures and standards, you want to use them to close this project. This effort is an instance of:

1. Using enterprise environmental factors in closing the project
2. Using expert judgment in closing the project
3. Using organizational process assets in closing the project
4. Poor project management practice

Q3. The project team is working on an important and complex project that requires a lot of coordination. Under these circumstances, the BEST strategy is to:

1. Have a war room
2. Hire a contractor
3. Hold more meetings to get the word out
4. Gain extra assistance from management

Q4. You have a project with a cost of 10,000 USD, and the duration is 10 months. Five months have passed, 45% of the work is completed and you have spent 5,500 USD. The value of this 45% of the work is known as:

1. Planned value
2. Earned value
3. Actual cost
4. Schedule variance

Q5. You are in the identifying risks process. You are meeting with your team members and stated that the project may be delayed because of the late delivery of certain consumables for your project. Now you ask the team members to find ways in which this problem can occur. What technique are you using here?

1. Assumption and constraint analysis
2. Brainstorming
3. Sensitivity analysis
4. Root cause analysis

Q6. The resource optimization technique during the Control Schedule process allows a project manager to:

1. Schedule training sessions for the project team members to optimize their performance.
2. Schedule activities considering both the resource availability and the project time.
3. Provide monetary incentives to project team members to boost their performance.
4. Allow overtime so that team members get motivated to work during nonworking hours.

Q7. Which of the following defines the total scope of the project and represents the work specified in the current approved project scope statement?

1. Work Breakdown Structure (WBS)
2. Bill of Material (BOM)
3. Project Charter
4. Requirements Breakdown Structure (RBS)

Q8. What is the difference between the Monitor and Control Project Work process and the Direct and Manage Project Work process?

1. The Monitor and Control Project Work and the Direct and Manage Project Work processes are the same.
2. The Monitor and Control Project Work process monitors the project performance while the Direct and Manage Project Work process is concerned with performing the activities to accomplish project requirements.
3. The Monitor and Control Project Work process is a sub-process of the Direct and Manage Project Work process.
4. There is no such thing as the Monitor and Control Project Work process.

Q9. A project is facing the following risks: 20 percent chance a part is not available, creating an additional fee of US $30,000; 10 percent chance the team requires additional training for a cost of US $12,000; 25 percent chance the second planned quality test costing US $8,000 is unnecessary. What is the expected monetary value of these risks?

1. $50,000
2. $5,200
3. $42,000
4. $7,200 86

Q10. What is the MAIN reason for controlling the project scope?

1. To enable scope creep
2. To prevent changes from affecting the project
3. To ensure timely closure of the project
4. Preventing scope creep