Project Management Question Bank
for Exam preparation

Q2. When do you perform stakeholder analysis?

1. When defining the project scope
2. When developing the project charter
3. When creating the project management plan
4. When putting changes through change control

Q3. Three years back, your organization awarded a fixed price contract to a reputable local contractor to construct a new airport terminal in the city. A few days back, you received a change request from the contractor requesting to adjust the contract’s price. The contractor is claiming that as a result of the recent national recession, the prices of raw materials have gone up and he cannot complete the rest of the project at the contract price. Is the contactor’s request legitimate?

1. Yes, you cannot penalize the contactor for price escalations due to force majeure.
2. Yes, unless there is no Economic Price Adjustment provision in the contract.
3. No, the price of the contract is fixed and cannot be changed.
4. No, the price hike due to recession must be adjusted against the contractor’s profit.

Q4. Which of the following is the LEAST effective way to influence the factors that create changes to the cost baseline?

1. Review the project scope with the functional manager responsible for the greatest number of requested changes.
2. Explain to those requesting changes the negative impact of change to the project.
3. Eliminate the scope causing the most changes
4. Notify all stakeholders that no more changes will be allowed.

Q5. The project manager has a team scattered across four countries. The team members are experts in their fields and a few are certified project managers. To deal with the distance, the project manager creates ground rules with the team, and has virtual meetings to deal with the cultural differences. Which of the following additional activities would have the GREATEST impact on the project?

1. Plan Communications
2. Acquire Project Team
3. Define Scope
4. Sequence Activities

Q6. What does the following sentence refer to? “The point where the benefits or revenue to be received from improving quality equals the incremental cost to achieve that quality.”

1. Quality control analysis
2. Marginal analysis
3. Standard quality analysis
4. Conformance analysis

Q7. You created the logic diagram for your project based on the chart when all of a sudden the person completing activity C says that you must plan for a lag of two weeks after the completion of the activity before starting the next activity. Which of the following would be the FIRST thing to do?

1. See if the duration of activity H can be shortened
2. Nothing because the two weeks could be assigned to activity
3. Make Start, A, D, G, End the critical path in order to save time
4. Calculate project float after the insertion of the lag

Q8. A responsibility assignment matrix shows all of the following EXCEPT:

1. Time.
2. Resources
3. Names.
4. Work packages

Q9. You are in the process of subdividing project deliverables and project work into smaller, more manageable parts so the project management team can get a structured vision of what has to be delivered. Which of the following is an output of this process?

1. Scope baseline
2. RBS
3. Network diagram
4. OBS

Q10. You are doing business in a foreign country and you are advised by your local contact that it will be necessary to make payments to certain officials in order to get the contract. Such payments are expected in another country, but are illegal for people from your country. What should you do?

1. Have the local contact make the payments.
2. Refuse to make the payment and hope to get the contract solely based on your company’s abilities.
3. Call your government officials and ask for direction.
4. Amend your price increasing the cost to reflect the payments to be made to local officials.