Project Management Question Bank
for Exam preparation

Q2. _______________ is the authorized budget for the work scheduled to be completed on an activity or WBS component.

1. Planned Value
2. Earned Value
3. Midpoint cost
4. Interim cost

Q3. Communications management plans should include all of the following except:

1. Stakeholder communication requirements
2. Reasons for information distribution
3. Escalation process
4. Risk Register

Q4. The float of an activity is determined by:

1. Performing a Monte Carlo analysis
2. Determining the waiting time between activities
3. Determining lag
4. Determining the amount of time the activity can be delayed before it delays the critical path

Q5. Who is primarily responsible for the dissemination of the approved project charter and for ensuring that all key stakeholders have a common understanding of the project’s key deliverables and milestones?

1. Project sponsor
2. Project team
3. Project manager
4. Project client

Q6. The project has 13 team members and affects over 15 departments in the organization. Because the project is 20 percent complete to date and the team has had successful performance reports from five of the affected departments, the project manager holds a party to celebrate. The project manager invites key stakeholders from all of the departments to the party, in order to give those providing good reviews an informal opportunity to communicate good things to those departments that have not yet been affected by the project. At the party, the project manager walks around to try to discover any relevant information that would help the project be more successful. He happens to hear a manager of one of the departments talking about setting up more regular meetings on the project. The BEST thing for the project manager to do would be to FIRST:

1. Record the effectiveness of the part in the project lessons learned.
2. Review the information distribution methods on the project.
3. Hold a meeting of all the stakeholders to discuss their concerns.
4. Make sure the manager has a copy of the communications management plan so he is reminded that such concerns should be sent to the project manager.

Q7. You have been assigned as a project manager for a project which was terminated a few years earlier due to some government regulations. Now you reviewing this document to start again. This document is an example of:

1. Enterprise environment factor
2. Organizational process assets
3. Stakeholder analysis
4. Control scope

Q8. Who has the cost risk in a fixed price (FP) contract?

1. The team
2. The buyer
3. The seller
4. Management

Q9. You are having your project team members record the time they spend on different activities during the day, such as programming, electrical, HVAC, etc. This is an example of a tool and technique in what process?

1. Manage Communications
2. Direct and Manage Project Work
3. Monitor and Control Project Work
4. Manage Team

Q10. The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:

1. An S-curve
2. An inverted S-curve.
3. Pie-chart
4. A Z curve