Project Management Question Bank
for Exam preparation

Q2. As project manager o a project, you just handled a risk event that impacted the project cost and schedule. Because the impact is 15 percent total project cost, what is the MOST appropriate action?

1. Control the cost
2. Inform the appropriate stakeholders
3. Act to bring the cost of the event within acceptable limits
4. Update the project budget.

Q3. Based on the network diagram shown in the chart, what is the duration of the critical path?

1. 33
2. 44
3. 31
4. 36 73

Q4. You are a project manager for a large electrical system implementation. One of your key people has started to miss deadlines and work quality is beginning to suffer as well. This person has participated in project planning, and in fine-tuning the earned value estimating, and developing the reward systems for the project. You are confident that this person is well aware of the work deadlines and required quality specifications. What action should you take?

1. Report problem to the personnel or human resource department for corrective action.
2. Reassign some work to other team members until performance starts to improve.
3. Discuss the issues with the employee at the next team meeting and try to determine the factors impacting performance.
4. Escalate the situation to the employee’s functional manager and ask for assistance.

Q5. Paul has recently been asked to manage an office refurbishment project. He finds out that the chief financial officer of the company is resisting the project. The chief financial officer is a key project stakeholder. What must Paul do first?

1. Conduct a team meeting to discuss this issue.
2. Seek support from the project sponsor to force project decisions.
3. Analyze options that might change or influence the chief financial officer's perception.
4. Seek expert judgment from the project initiator.

Q6. You are in the middle of your project and working on a deliverable which is 90% completed. It is time for the yearly audit. A team of auditors are about to come and verify if you are following the process as defined or not. However, as the deliverable is about to be completed, you check it and measure all dimensions to find any possible dimensional defects. What process is this?

1. Control quality
2. Manage quality
3. Plan quality management
4. Control scope

Q7. A project was estimated to cost $200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. However, this was made up by shipping the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At the end of the second month, the Project Manager reviews the project and finds that the project is 20% complete and Actual Costs are $50,000. The Estimate to Complete (ETC) for the project would now be:

1. $160,000
2. $210,000
3. $250,000
4. $200,000

Q8. Which of the following is not true about the WBS?

1. The project team must be involved in developing the WBS.
2. The WBS must represent all product and project work.
3. WBS should focus on activities rather than deliverables.
4. WBS is usually represented in a hierarchical fashion.

Q9. Which of the following is one of the most prominent features of a project following agile approach for product development?

1. Produce defect-free deliverables
2. Zero tolerance for rework
3. Deliver incremental value to the customer
4. Delivery of the product in a single sprint

Q10. A process that states how formal validation and acceptance of the completed project deliverables will be achieved is documented in the:

1. Scope Management plan
2. Procurement Management plan
3. Risk Management plan
4. Communications Management plan