Project Management Question Bank
for Exam preparation

Q2. A construction project has a work package that could result in fatalities or long term disabilities with losses of over US $2 million. The company has had a clean record in the past and has won several safety awards. An appropriate risk response strategy is to:

1. Post a sign that describes the number of injuries to date and remind everyone to be careful.
2. Insure against the risk.
3. Add classroom training on safety for the project team.
4. Not do the work package.

Q3. For complex and high value projects, activities of business analysis get started well before the project is initiated. Typically in such cases, the requirements management process starts with:

1. Plan Scope Management
2. Collect Requirements
3. Define Scope
4. Needs Assessment

Q4. You are working on a waste management project that, upon completion, will be turned over to the local municipality for steady-state operation. Parking of trucks and other vehicles has become a serious problem because no parking area was allotted to you on the main dumping site. As a result, your trucks are parked on nearby roadsides. One of the fleet supervisors informs you that close to the main site, there is a large tract of land a local charity owns. Many locals park their cars on this tract of land. What should you do?

1. Since the piece of land is already used as parking, you can park your trucks over there.
2. Don’t park the trucks on that piece of land because it will be a violation of other’s property rights.
3. Check the local parking laws.
4. Ask the supervisor to get contact information of the local charity.

Q5. The current update to the schedule performance report shows no schedule variance. Based upon this report, you tell the client that the project is on time. However, your team members know that you just missed a major milestone and the project will not meet its startup date. This is an indication of poor:

1. Communications planning.
2. Scope planning.
3. Team trust.
4. Schedule planning.

Q6. You are managing a project in a just-in-time environment. This will require more attention, because the amount of inventory in such an environmental is generally:

1. 45 percent
2. 10 percent
3. 12 percent
4. 0 percent

Q7. The Executive VP of Finance has informed you that you will be the project manager for an energy audit the company is performing in order to save expenses. He has assigned you to identify the stakeholders and to start documenting the high-level assumptions and constraints. Your project is in what stage?

1. Initiating
2. Planning
3. Monitoring and Controlling
4. Executing

Q8. All requested changes to a contract go through Contract Change Control Systems of both parties. The Contract Change Control system documents all requested changes for future reference. However, requested but unresolved changes might not make it up to either party’s Change Control Systems. If you are contesting a dispute, where can you find a record of such requested changes?

1. Procurement management plan
2. Project management plan
3. Project correspondence
4. Approved change requests log

Q9. In order to provide one of your team members with a reward for excellent performance, you are going to allow him to acquire the new skill in which he is interested. Assuming that any activity shown in the chart would provide the team member with the benefit, which activity would you assign him to?

1. Activity D
2. Activity E
3. Activity F
4. Activity B

Q10. Different types of contracts are appropriate for different types of purchases. Which of these is not one of the three broad categories of contracts?

1. Cost-reimbursable
2. Time and Material
3. Fixed-price or lump sum
4. Fixed assessment