Project Management Question Bank
for Exam preparation

Q2. Risks will be identified during which risk management process(es)?

1. Identify Risks.
2. Identify Risks and Control Risks
3. Perform Quantitative Risk Analysis and Identify Risks
4. Perform Qualitative Risk Analysis and Control Risks 07

Q3. Your project is running late and you are over budget. You review the situation and find that it would be difficult for you to complete the project with the given budget. You inform management and they ask you to come up with a new budget. After estimating the new cost, you inform management that you may need 10,000 USD more to complete the project. This is an example of:

1. Forecast analysis
2. Status report
3. Change request
4. Progress report

Q4. Company ABC is evaluating three consulting companies to find a consultant to perform professional services. They request information on how the three consulting companies allocate fringe benefits to their clients. What type of cost is Company ABC asking about?

1. Variable
2. Fixed
3. Direct
4. Indirect.

Q5. A RACI chart is an example of a _________________.

1. Network
2. Flowchart
3. Responsibility assignment matrix
4. Hierarchical-type organization chart

Q6. Which of the following allows a project management team to communicate all approved and rejected changes to the stakeholders consistently?

1. Configuration management system
2. Verification management system
3. Configuration status accounting
4. Change management board

Q7. A team member who does not have the required skills or knowledge was assigned to a team. Who is responsible for ensuring that he receives the project training?

1. The sponsor
2. The functional manager
3. The project manager
4. The training coordinator

Q8. During a presentation to management, you want to display the project schedule with only the key deliverables displayed. What is the correct tool for this purpose?

1. Project schedule network diagram
2. Critical path network
3. Milestone chart
4. Critical chain diagram

Q9. The customer has accepted the completed project scope. However, the lessons learned required by the project management office have not been completed. What is the status of the project?

1. The project is complete because the project has reached the due date.
2. The project is incomplete because the project needs to be re-planned.
3. The project is incomplete until all project and product deliverables are completed and accepted.
4. The project is complete because the customer has accepted the deliverables.

Q10. Vendor selection, vendor management, and documentation of lessons learned are tasks that fall under this process:

1. Procurement management
2. Deliverable management
3. Conduct Procurements
4. Scope management