Project Management Question Bank
for Exam preparation

Q2. You have accepted a position at a company where you will manage a group of projects in a coordinated way. This organization specifically hired you to start a project management office to help it develop a more structured approach to project management. What should you do FIRST?

1. Study the history of the organization
2. Get your job description changed to either project management or project management office work, but not both
3. Meet with key stakeholders to better understand the organization and projects.
4. Focus on communications with your boss and other senior managers

Q3. You are assigned as the project manager in the middle of the project. The project is within the baselines, but the customer is not happy with the performance of the project. What is the FIRST thing you should do?

1. Discuss it with the project team
2. Recalculate baselines
3. Renegotiate the contract
4. Meet with the customer

Q4. Julia is currently recruiting her project team. She has carried out various interviews and has shortlisted potential candidates. Now, according to the project communication management plan, she has to submit the shortlisted profiles to the project client (customer) for approval. Only then, can she formally hire the approved candidates for the project. The submission of the profiles to the client will go through which of the following processes?

1. Manage Stakeholder Engagement
2. Acquire Resources
3. Manage Communications
4. Plan Resource Management

Q5. ________ refers to non-random data points that are grouped together on one side of the mean of a control chart.

1. Specification limits
2. Lower control limit
3. Rule of seven
4. 6 sigma

Q6. A project manger is leading an effort to analyze waste and non-valueadded activity on the project. One team member reports that two processes in use requiring work he believes is unnecessary. Another team member reports that a process is not well understood. The project manager must be leading with of the following?

1. A process rather than a project
2. The Plan Quality process
3. Management by objectives
4. The Manage Quality process

Q7. Which of the following is incorrect regarding a bidders conference?

1. Questions from each seller should be handled confidentially and not shared with other sellers.
2. No bidders should receive preferential treatment, even if they are part of the company's existing list of approved suppliers.
3. Bidder conferences should not involve individual face-to-face meetings.
4. All prospective sellers should be allowed to have a common understanding of the procurement.

Q8. A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis. The targeted cost is US$200,000 with a fee of US$30,000. If the project comes in at US$170,000, what would be the total cost of the contract?

1. US$ 195,500
2. US$230,000
3. US$ 200,000
4. US$170,000

Q9. Gordon is currently developing his project’s stakeholder management strategy. All enterprise environmental factors should be considered during this process. Which of the following enterprise environmental factors should be paid special attention during this process?

1. Project templates
2. The organization's culture and structure
3. Commercial databases
4. Lessons learned from past similar projects

Q10. During the course of the project, the project management team developed a forecast for the estimate at completion (EAC) based on the project performance. Which of the following statements about EAC is correct?

1. The EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new estimate.
2. The EAC forecast is best estimated using the estimate to complete (ETC) work performed considering both SPI and CPI factors.
3. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the present CPI.
4. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the budgeted rate.