Project Management Question Bank
for Exam preparation

Q2. A stakeholder's mental picture or belief about the future is:

1. A Requirement.
2. A Heuristic.
3. An Expectation.
4. A Constraint.

Q3. Which of the following is not an effective influencing technique?

1. Withdrawing from conflicts
2. Using a flexible interpersonal style
3. Leading by example
4. Clarifying how decisions will be made

Q4. All of the following are outputs of the Estimate Costs process EXCEPT:

1. An understanding of the cost risk in the work that has been estimated.
2. The prevention of inappropriate changes from being included in the cost baseline.
3. An indication of the range of possible costs for the project
4. Documentation of any assumptions made during the Estimate Costs process.

Q5. Which of the following BEST describes the project manager’s role regarding project changes?

1. Discover changes as early as possible
2. Prevent changes that affect the project scope
3. Prevent the addition of profit in sellers’ changes
4. Have the sponsor approve all changes

Q6. During its first winter, a multi-year construction project experienced weather-related schedule delay that all the local parties involved described as typical for the area. What should the project manager do to integrate this information into the project schedule?

1. Lengthen the estimated activity duration for all activities to occur the following winter
2. Re-evaluate the schedule to determine the potential impact
3. Leave the current project schedule unchanged and work the issues as they arise next year
4. Make changes to the project management plan in order to maintain the current project schedule

Q7. A project manager received executive orders to deliver the project two weeks earlier than scheduled, doing whatever it takes. He decided that the least costly means would be to add resources to critical path activities in order to shorten the time of those activities. In this case, the project manager has:

1. Fast tracked the critical path part of the project schedule
2. Decomposed the critical path WBS
3. Leveled resources
4. Crashed the critical path

Q8. A good friend at work tells you that when his wife was diagnosed with cancer, he stole items from work and sold them, using the money for her treatment. He has since paid back the money taken, in ways that kept his theft secret. Ethically, what should you do?

1. Advise your friend to tell his company and do nothing
2. Report him to his manager
3. Talk with a lawyer to see if this can be justified
4. Attempt to gather evidence to determine whether or not the theft in fact occurred.

Q9. Which of the following statements is correct:

1. Project lifecycles and product lifecycles are interdependent.
2. Project lifecycles are independent of product lifecycles.
3. A product lifecycle is the same as a project lifecycle.
4. The last lifecycle for a project is generally the product's retirement.

Q10. Which of the following analytical techniques evaluates investment potential considering time-value of money?

1. Pareto analysis
2. Discounted cash flow
3. Earned value management
4. Monte Carlo technique