Project Management Question Bank
for Exam preparation

Q2. Your company is in competition to win a major project for the government of a country. Your contacts in that country inform you that you must make a large payment to the foreign minister to be considered for the project. What should you do?

1. Inform your company’s management, and ask for direction
2. Do not make the payment
3. Have the local contact make the payment
4. Make the payment

Q3. Acceptance is a strategy adopted because it is not possible to eliminate all risks from a project. This strategy indicates that the project management team has decided not to change the project management plan to deal with a risk. What action does passive acceptance require?

1. Passive acceptance is no longer adopted in projects and is a poor project management practice.
2. Passive acceptance requires no action except to document the strategy and come up with a risk management strategy.
3. Passive acceptance requires no action.
4. Passive acceptance requires no proactive action except periodic review of the threat.

Q4. How can changes be made to a project management plan once the project manager baselines it?

1. By generating a change request and having it approved through the Perform Integrated Change Control process.
2. This is typically done by using a version control system. The project manager creates a new version with the changes and baselines it as the new baseline.
3. This is done by maintaining a revision history or log. The project manager documents the changes in detail and then baselines it.
4. A project management plan cannot be changed once it is baselined. An addendum has to be created to incorporate the changes.

Q5. If planned value (PV) is US $29,000, actual cost (AC) is US $32,000, and earned value (EV) is US $30,000, what is the schedule variance (SV)?

1. 0.938
2. $1,000
3. 1.034
4. ($2,000) 19

Q6. A project is 50 percent complete when a schedule constraint is identified. Which of the following should be done FIRST?

1. Revisit all activities that have not yet started
2. Use a simulation technique such as Monte Carlo analysis, to calculate a distribution of probable results of the total project.
3. Rebaseline the project management plan to determine impacts on schedule, cost, and scope.
4. Level resources on the remaining activities to determine resource variances.

Q7. As per the PMBOK Guide, which of the following is not a communication method that you use to share information among project stakeholders?

1. Online communication
2. Interactive communication
3. Push communication
4. Pull communication

Q8. You have assigned as the project manager on a new project. The organization uses a strong matrix structure. Computers needed to complete the project are an example of:

1. Limited cost
2. Diminishing cost
3. Fixed cost
4. Indirect cost.

Q9. Andy is currently working for ABC Contractors as a quality control manager for a railway track construction project. National Railways awarded this cost-plus construction contract to ABC Contractors a few months ago. As a contractual requirement, ABC Contractors has to submit each completed deliverable for client acceptance. Reviewing project data, Andy found that the current submission rejection rate is 22 percent. He conducts a root cause analysis and submits his findings along with construction process improvement recommendations to the project director. In this scenario, Andy’s report is an example of:

1. Work performance data
2. Raw observations
3. Work performance information
4. Work control report

Q10. The MOST common causes of conflict on a project are schedules, project priorities, and:

1. Personality
2. Resources
3. Cost
4. Management.