Project Management Question Bank
for Exam preparation

Q2. A company asks one of the project managers to lead a project to create a substantially improved version of one of the company’s best-selling products. The project manager is given total freedom of decision and resources, including whether to utilize contractor services and/or the company’s resource pool. Under these circumstances, which of the following would be the BEST way for the project manager to build the team?

1. She should choose her team from the top developers and fabrication workers in the company
2. She should create a team of company line workers and contract the development services under a cost reimbursable contract with provisions to protect confidentiality.
3. She should contract the entire team utilizing a cost plus incentive fee type of contract.
4. She should contract selected team members on an ad hoc and as needed basis utilizing a time and material contract.

Q3. You are estimating the cost for your project by using historical data and applying it to your project, such as the cost of painting per square foot. Which technique are you using here?

1. Bottom up
2. Top down
3. Analogous
4. Parametric

Q4. A program management office (PMO) chose you to write a purchase order because of your expertise in business writing. You learned the PMO has already selected a seller for a software product and would like to award the procurement contract to the selected seller as a purchase order, which you must prepare. In this scenario, the PMO is administering:

1. The monitor stakeholder engagement process
2. The control procurements process
3. The plan procurement management process
4. The conduct procurements process

Q5. You have a firm fixed price (FP) contract with a clause stating that all changes to the contract statement of work must be written. One of your team members verbally instructed the seller to ad a change that resulted in a 100 percent work package return. In this situation, what conflict management strategy should you use (as the project manager) with the team member?

1. Punishment
2. Problem solving
3. Negotiating
4. Withdrawal.

Q6. A number of deliverables were submitted to the buyer as part of a project. Where would the project manager find documentation on the requirements for formal deliverable acceptance and on how nonconforming deliverables can be addressed?

1. In the SOW
2. In the lessons-learned document
3. In the deliverable release note
4. In the agreement

Q7. A person who has been working as a project expeditor for the past three years has just been named as project manger for a construction project in a neighboring state. The construction crew has worked together for a number of years. One of the project manager’s responsibilities is to pursue all of the historical risk information available, but he does not have enough time to access all available resources. The project manager would be best served by relying LEAST on which of these sources?

1. Lessons learned databases 0
2. Project files
3. Published benchmarking reports
4. Project team knowledge

Q8. A project manager can BEST resolve the differences between the requirements of one stakeholder and those of another by making which of these statements?

1. There are many points on which we agree. I am certain if we focus on them, we will find a solution.
2. Let’s look at why there is a difference of opinion on the requirements.
3. This discussion is getting too heated. Let’s regroup to solve the problem tomorrow.
4. I have made the decision to resolve the problem this way.

Q9. You have been managing a research project to create genetically modified fruits using genetic engineering techniques. Since many legal issues are involved in this process, you created contingency allowances by using various quantitative analysis methods to account for cost uncertainty. You have just concluded a brainstorming session with your team in the execution phase to monitor risks that have developed in the project over the past few weeks and to establish new risk response plans. What should you do if you want to allocate more contingency reserves to account for new risks?

1. Perform the reserve analysis to compare the amount of contingency reserves remaining to the amount of risk remaining
2. Perform Monte Carlo analysis to compare the amount of contingency reserves remaining to the amount of risk remaining
3. Perform the variance and trend analysis to compare planned results to the actual results
4. Perform the quantitative risk analysis to determine the outstanding risks

Q10. A functional manager meets with the project manager’s boss to discuss a change to the acceptance criteria for a major deliverable. After the meeting, the boss calls the project manager into his office and tells him to make the change. What is the BEST thing to do?

1. Make the change as soon as possible.
2. Understand the change.
3. Supply the boss with a change form
4. Evaluate the impact of the change.