Project Management Question Bank
for Exam preparation

Q2. At the beginning of the project, a project manager realized that the technical expertise of the team was limited, a risk to the project. Midway through the project, the project manager decided this was no longer a risk and considered it outdated. As part of which process would he do the risk reassessment?

1. Perform Qualitative Risk Analysis
2. Perform Quantitative Risk Analysis
3. Identify Risks
4. Monitor Risks

Q3. Dave, a first-time project manager, was of the opinion that all training activities need to be planned. He discussed this with an experienced project manager who understood that some training was necessarily unplanned. Which of the following are good candidates for unplanned training?

1. Training by observation, conversation, and project management appraisals
2. Training by mentoring, on-the-job training, and online courses
3. Training by conversation, coaching, and classroom training
4. Training by mentoring, observation, and coaching

Q4. A new project manager has just taken over a project that is 50 percent complete. As part of the hand-over process, the outgoing project manager provided the new project manager with a list of stakeholders that needed to be managed. The list had been compiled at the start of the project. Which of the following is true about stakeholders?

1. Stakeholder identification is usually performed when there are problems with the project
2. Stakeholder identification needs to happen at the start of each new phase of a project
3. Stakeholder identification is a continuous process and needs to happen all through the project
4. Stakeholder identification needs to happen at the start of the project

Q5. Which of the following techniques can help clarify the structure, requirements, and other terms of the purchases so that mutual agreement between a buyer and a seller can be reached prior to signing the contract?

1. Independent estimates
2. Advertising
3. Bidder conferences
4. Procurement negotiations

Q6. A first-time project manager was assigned to a project that had a duration of three months. In order to get a head start on the project, the manager took an older, completed the project and incorporated all the tools, techniques, and checklists in their entirety from that project into the current one. The older project was completed in 14 months’ time and was remarkably similar in nature. The most appropriate comment on this would be:

1. This is an excellent example of re-use of artifacts from prior projects.
2. This may be unnecessary. The project management team needs to decide what is appropriate for the project.
3. This is not the correct procedure. The project manager should always create processes and documents afresh for new projects.
4. This is not correct. The project manager is violating copyright and intellectual property rights of the organization's prior customers.

Q7. A management control point where scope, budget and schedule are integrated and compared to earned value for performance measurement is a:

1. Code of accounts
2. Control packages
3. Control account
4. Account Plan

Q8. There have been numerous changes on your project. All approved changes are BEST reflected in the:

1. Performance measurement variance
2. Validate Scope process
3. Change control procedures
4. Project management plan

Q9. A SWOT analysis helps you identify opportunities which arise from organizational strengths threats dues to its weakness. According to this analysis, analyzing the strengths and weaknesses is a part of:

1. Internal factors
2. External factors
3. Discretionary factors
4. Mandatory factors

Q10. Megawatt is estimating the expected cost of a new ERP system deployment project using the actual costs of an earlier similar ERP system deployment project as the basis for the cost. This is what type of estimating?

1. Analogous
2. Bottom-up
3. Expert Judgment
4. Parametric