Project Management Question Bank
for Exam preparation

Q2. An important aspect of project management is the handling of stakeholder expectations. Typically, at what level are the stakeholders with respect to the project manager?

1. At higher levels and with greater authority
2. At all levels and with varying degrees of authority
3. At higher levels but only the project sponsor has authority greater than the project manager
4. At the same level with varying degrees of authority

Q3. You are a project manager for the construction of a major new manufacturing plant that has never been done before. The project cost is estimated at US $30,000,000 and will make use of three sellers. Once begun, the project cannot be cancelled, as there will be a large expenditure on plant and equipment. As the project manager, it would be MOST important to carefully:

1. Review all cost proposals from the sellers.
2. Examine the budget reserves.
3. Complete the project charter.
4. Perform an identification of risks.

Q4. During the Plan Risk Management process your team has come up with 434 risks and 16 major causes of those risks. The project is the last of a series of project which the team has worked on together. The sponsor is very supportive and a lot of time was invested in making sure he project was completed and signed off by all key stakeholders. During project planning, the team cannot come up with an effective way to mitigate or insure against a risk. It is not work that can be outsourced, nor can it be deleted. What would be the BEST solution?

1. Accept the risk.
2. Continue to investigate ways to mitigate the risk.
3. Look for ways to avoid the risk.
4. Look for ways to transfer the risk.

Q5. A team member notifies the project manager after the fact that certain project deliverables have been attained without performing all the associated work packages in the WBS. What should the project manager do FIRST?

1. Immediately communicate the changes to all team members and stakeholders and have team members’ performance reviewed.
2. Review work packages and deliverables to determine impact, if any. Recommend changes to the project to the project management plan.
3. Change the project performance measurement baselines and the WBS.
4. Change the reporting process to get information sooner, then review the communications management plan to see if it is still appropriate to the needs of the project.

Q6. One of the stakeholders on the project contacts the project manager to discuss some additional scope he would like to add to the project. The project manager asks for details in writing and then works through the Control Scope process. What should the project manager do NEXT when the evaluation of the requested scope is complete?

1. Ask the stakeholder if there are any more changes expected.
2. Complete integrated change control
3. Make sure the impact of the change is understood by the stakeholder
4. Find out the root cause of why the scope was not discovered during project planning.

Q7. You are reviewing the response to an RFP issued by your company for a project that will last a year and exceed US$5 million. Three vendors have been shortlisted. The first, Nosteltec, Inc., is a relatively new company in this industry. It has assembled a team of industry experts with vast industry experience and qualifications. The second company, Xen Contractor, has been in business for 20 years. You and your company have a long and positive history working with this vendor. The third company is SonoNet LLC. It has been in business for 10 years and has a reputation for extensive expertise and superior delivery. They are also well-known for being one of the more expensive providers in the market. You have many relationships with the Xen Contractor staff, which you established during prior procurement contracts with this company. As a result, a project manager from Xen Contractor, with whom you are friendly both personally and professionally, calls you for clarification on a point

1. Clarify via email
2. Clarify via phone call
3. Advise the vendor that the RFP is self-explanatory
4. Send the clarification to all three vendors

Q8. The customer responsible for overseeing your project asks you to provide a written cost estimate that is 30 percent higher than your estimate of the project’s cost. He explains that the budgeting process requires manager to estimate pessimistically to ensure enough money is allocated for projects. What is the BEST way to handle this?

1. Add the 30 percent as a lump sum contingency fund to handle project risks
2. Add the 30 percent to your cost estimate by spreading it evenly across all project activities
3. Create one cost baseline for budget allocation and a second one for the actual project management plan.
4. Ask for information on risks that would cause your estimate to be low.

Q9. One of the project objectives for your company was to acquire additional expertise completing a large scale design project. The project is mostly completed when your client terminates the contract. A change in their business means the work is no longer needed. What is the MOST effective thing to do?

1. Stop work immediately
2. Complete the project, but do not charge the client for the time
3. Tell the client that work will stop after it is completed
4. Move on to the Close Project or Phase process

Q10. A project manager is managing a project in which there are teams located in remote locations in order to obtain cost savings. This is in accordance with organizational guidelines that require that at least 25 percent of the work should be done from a remote location. This is an example of:

1. A constraint
2. A necessity
3. A choice
4. An assumption