Project Management Question Bank
for Exam preparation

Project Management- Q2. You have just joined a new organization as a project manager. You have heard a number of rumors about the procurement manager having possible underhanded dealings with suppliers. However, you have no proof these rumors are true. Your project requires a large number of dump trucks. Company policy mandates that all purchases go through the procurement department rather than the department employees. The value of the dump truck purchase is US$395,000, and the contract went to a supplier your company regularly uses. Shortly after taking delivery of the dump trucks, you learn the procurement manager is driving a new car. What should you do?

1. Ask the procurement manager about the purchase of her new car
2. Report this to the appropriate management
3. Talk to the supplier to find out if there was a bribe involved in the project
4. Do nothing

Project Management- Q3. A change control system should be created:

1. As needed on the project
2. By management
3. As a formal documented procedure
4. By the team 4

Project Management- Q4. What does a resource histogram show that a responsibility assignment matrix does not?

1. Time
2. Activities
3. Interrelationships
4. The person in charge of each activity

Project Management- Q5. A project is considered closed when the:

1. Client accepts the product
2. Lessons learned are completed
3. Archives are completed
4. Contract is finished

Project Management- Q6. Which of the following BEST describes what a network diagram is used for when the work is being completed?

1. To track the flow of information in system, looking at all the interfaces
2. To determine if the evaluation criteria should be created before the contract statement of work is written
3. To see if the cost of a change exceeds the project cost baseline
4. To evaluate the reward system’s effectiveness 35

Project Management- Q7. If you finish your project early, there is a chance that you may get another project, so you are trying very hard to get your project finished. You use fast tracking, crashing, overtime, etc. Which strategy is this?

1. Exploit
2. Enhance
3. Accept
4. Mitigate

Project Management- Q8. The line in the middle of a control chart is called the:

1. Mean
2. Specification limit
3. Rule of seven
4. Upper and lower control limit.

Project Management- Q9. A project has gone out of control, and the project manager is trying to bring it back under control. There have been a number of changes to the project scope. Some of these changes resulted in further changes, causing project cost to spiral upward and causing the project to go out of schedule. This is known as:

1. Scope creep
2. Scope jump
3. Project creep
4. Scope control

Project Management- Q10. Which of the following sequences represents straight line depreciation?

1. $100, $100, $100
2. $100, $120, $40
3. $100, $120, $160
4. $160, $140, $120