Project Management Question Bank
for Exam preparation

Q2. Which of these statements is true?

1. The cost of correcting mistakes through an inspection is much less than the cost of preventing them.
2. The cost of preventing mistakes is generally much less than the cost of correcting them as revealed by inspection.
3. It does not matter where a defect is captured as long as the finished work product does not have a defect.
4. The cost of correcting mistakes through an inspection is more or less the same as the cost of preventing them since the same effort goes into both activities.

Q3. 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.

Q4. During every project team meeting, the project manager asks each team member to describe the work he or she is doing, and the project manager assigns new activities to team members. The length of these meetings has increased because there are many different activities to assign. This could be happening for all of the following reasons EXCEPT:

1. Lack of a WBS
2. Lack of a responsibility assignment matrix.
3. Lack of resource leveling
4. Lack of team involvement in project planning.

Q5. Melissa is managing a hardware deployment project and is creating a risk management plan. Which of the following would not be included in this plan?

1. Templates
2. Roles and responsibilities
3. Budgeting
4. Methodology

Q6. You have been managing a construction project in a developing country, and now you are closing the project. The tools and equipment that were used on the project have to be returned to your company’s European headquarters. A nongovernmental organization that builds and repairs medical facilities in this country has come to you to request that this equipment be donated to them. What should you do?

1. Donate all tools and equipment
2. Refuse the request
3. Donate only the tools and equipment whose value is below your purchase approval limit
4. Notify the appropriate management

Q7. Anne is the project manager of a project. She has evaluated certain responses from prospective sellers and wants to select a contract model that will transfer risk to the seller. Which of the following should she select in order to achieve this?

1. Time and Material contract
2. Fixed price contract
3. Cost-Plus-Fixed-Fee contract
4. Cost-Plus-Incentive-Fee contract

Q8. Which of the following processes deals with maintaining the integrity of baselines by releasing only approved changes for incorporation into the project management plan?

1. Perform Integrated Change Control
2. Direct and Manage Project Work
3. Develop Project Management Plan
4. Monitor and Control Project Work

Q9. Bill and Jake are two team members in a project. They do not get along well and are constantly involved in verbal conflicts. The project manager understands the characteristics of conflict and the conflict management process and tries to resolve the situation. Which of the following is not a correct statement?

1. Openness resolves conflict
2. Conflict is natural and forces a search for alternatives
3. Conflict is inevitable in a project environment.
4. The project manager is not responsible for conflict management.

Q10. Which of the following BEST describes the meaning of the 50/50 rule?

1. Grant 50 percent progress on an activity when it begins and 50 percent upon completion
2. 50 percent of the work is done by 50 percent of the people on the project
3. Identify 50 percent of risks before you start to develop responses.
4. The project is given credit for completing 50 percent of the work when it starts.