Project Management Question Bank
for Exam preparation

Q2. Two of your team members are having conflicts about their roles and responsibilities. In attempting to resolve this conflict you ask them to refer to the responsibility assignment matrix. Which of the following statements is not true about the responsibility assignment matrix?

1. It shows the individual responsibilities for each activity
2. It helps you rank risks
3. RACI is an example of RAM
4. It shows resources assigned to each work package

Q3. Your company requires that before you purchase any routers or switches for the data center you are building, you need to solicit quotes from three separate suppliers prior to submitting the purchase request to the finance department. This policy belongs to:

1. Organizational Process Assets
2. Enterprise Environmental Factors
3. Procurement Management Knowledge Area
4. Make-or-Buy Decision

Q4. Project reports are a method to:

1. Plan communications.
2. Distribute information.
3. Report performance.
4. Manage resources.

Q5. A project manager asked various stakeholders to determine the probability and impact of a number of risks. He then analyzed assumptions. He is about to move to the next step of risk management. Based on this information, what has the project manager forgotten to do?

1. Evaluate tends in risk analysis.
2. Identify triggers.
3. Provide a standardized risk rating matrix.
4. Create a fallback plan.

Q6. A project team budgeted US $3,000 for the work performed and has spent US $4,000, to date. If they budgeted US $5,000 for the work scheduled, what is the cost variance (CV)?

1. ($1,000)
2. $2,000
3. $1,000
4. ($2,000)

Q7. Which of the following statements about the management of risks in a project is incorrect?

1. The effect of various risks on project scope, cost, and quality is numerically analyzed in the perform quantitative risk analysis process.
2. Positive risks are mitigated during the plan risk responses process.
3. Stakeholder analysis is performed during the plan risk management process.
4. Risk report is produced during the perform quantitative risk analysis process.

Q8. You are currently in a process whose main benefit is to increase support and minimize resistance from stakeholders as the project evolves and environment changes. Which is not a tool and technique of this process?

1. Ground rules
2. Expert judgment
3. Document analysis
4. Meetings

Q9. In complex and high value projects, which of the following activities will typically be performed by a business analyst prior to the project initiation?

1. Define project scope and develop WBS
2. Finalize the project scope statement and the WBS dictionary
3. Establish the project’s scope baseline
4. Determine problems, identify business needs and viable solutions

Q10. A new project manager has just taken over a project that is 50 percent complete. As part of the hand-over process, the outgoing project manager provided the new project manager with a list of stakeholders that needed to be managed. The list had been compiled at the start of the project. Which of the following is true about stakeholders?

1. Stakeholder identification is usually performed when there are problems with the project
2. Stakeholder identification needs to happen at the start of each new phase of a project
3. Stakeholder identification is a continuous process and needs to happen all through the project
4. Stakeholder identification needs to happen at the start of the project