Project Management Question Bank
for Exam preparation

Q2. The purpose of lessons learned is to bring together any insights gained during a project that can be usefully applied on future projects. When should a project manager ideally commence this activity?

1. At the start of project planning
2. At the start of project execution
3. During the project closure
4. From project kickoff meeting

Q3. You have signed a contract to have a customer care support system built for your company. In this contract, you have mentioned that you will pay all costs incurred plus a monetary benefit if you are happy with the work and the contractor fulfills some conditions set in the contract. What type of contract is this?

1. Cost plus incentive fee
2. Cost plus award fee
3. Time & material
4. Fixed price incentive fee

Q4. You are managing two projects. The first project is to design and construct a school building, and the second project is to construct an office building for your company's employees. What is your current role?

1. Project manager
2. Program manager
3. Portfolio manager
4. None of the above

Q5. You are in the identifying risks process. You are meeting with your team members and stated that the project may be delayed because of the late delivery of certain consumables for your project. Now you ask the team members to find ways in which this problem can occur. What technique are you using here?

1. Assumption and constraint analysis
2. Brainstorming
3. Sensitivity analysis
4. Root cause analysis

Q6. While developing the project schedule, you find that the completion of a successor activity depends on the completion of its predecessor activity. What is this dependency called?

1. Start-to-Finish
2. Start-to-Start
3. Finish-to-Start
4. Finish-to-Finish

Q7. You are managing a complex submarine causeway construction project. When you started the project, the scope of work was not clear and was based on a rather high-level estimate. Now that you are in the middle of the project, more information has become available. As a result, you now need to change some of the key subcontracts on the project. Which of the following will guide you through the change process?

1. Change control terms of the individual subcontracts
2. Project management plan’s change control procedures
3. Organizational process assets
4. Supplier’s contract administrator

Q8. Which of the following components of a project scope statement is useful in reducing scope creep?

1. Acceptance criteria
2. Deliverables
3. Scope description
4. Exclusions

Q9. All of the following are forms of power derived from the project manager's position EXCEPT:

1. Formal.
2. Reward.
3. Penalty.
4. Expert.

Q10. You just found out that a major subcontractor for our project consistently provides deliverables late. The subcontractor approaches you and asks you to continue accepting late deliverables in exchange for a decrease in project costs. This offer is an example of.

1. Confronting.
2. Compromise.
3. Smoothing.
4. Forcing.