Project Management Question Bank
for Exam preparation

Q2. Which term best describes the Identify Risks process?

1. Finite
2. Redundant
3. Iterative
4. Inconsequential

Q3. You are managing a project where your team is physically located with client personnel at a remote location. There is a high level of interaction between your team and client personnel, and client satisfaction is considered very important. Since the client is expressing a very high level of satisfaction with the project’s progress, your management has indicated no concerns about the project. However, you are behind schedule and over budget. In addition, morale among team members is low, and several team members have talked about quitting. Team members complain regularly about priority adjustments and alteration of activities. The weekly reports you receive about activities completed are often difficult to relate to the WBS and the project management plan. What action should you take to MOST effectively address these problems?

1. You should enforce scope control.
2. You should identify ways to make team members’ work more satisfying using the most applicable motivational theory.
3. You should incur the extra expenses necessary to be on-site to more closely monitor the activities of the project team.
4. You should create a reward and punishment system to ensure that project team members complete activities within the timeframes outlined in the project management plan.

Q4. What is the MOST correct statement about conflict?

1. The primary source of conflict is personality
2. Conflict can be beneficial.
3. Conflict is best resolved by smoothing
4. The best way to prevent conflict in the procurement process is to make sure the project manager is not involved with negotiations.

Q5. A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis with a fee of 10 percent of estimated costs. The estimated cost is US$50,000. If the project comes in at US$75,000 with no changes in project scope, what would be the total cost of the contract?

1. US$55,000
2. US$125,000
3. US$75,000
4. US$80,000

Q6. Halfway through the project, the client considers cancelling the remaining work and the contract. It would be BEST to look at which of the following to determine the purpose for the project?

1. The project description and need in the project charter
2. The WBS dictionary to verify that the scope is correct
3. The risk response plan to evaluate alternatives
4. The chart of accounts to determine the estimate at completion

Q7. 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

Q8. Which of the following is generally the MOST CORRECT use of a project network diagram?

1. Showing the project schedule
2. Documenting activity interdependencies
3. Defining project resources
4. Defining project costs

Q9. Which of the following is NOT an output of the Manage Stakeholders process?

1. Approved corrective actions
2. Deliverables
3. Updates to the project management plan
4. Organizational process asset updates 46

Q10. Mark is managing an airport construction project. He is currently identifying his project stakeholders, and he has compiled a long list of stakeholders already. Managing expectations of every project stakeholder is not practical. What should he do in this situation?

1. Project stakeholders should be prioritized based on their influence and interest.
2. Stakeholder analysis should be outsourced.
3. Non-key stakeholders should be dropped from the stakeholder register.
4. Stakeholder management processes should not be followed for such complex projects.