Project Management Question Bank
for Exam preparation

Q2. You have just been assigned to take over a project that your management has told you is “out of control”. When you asked your management what the problems were, they had no specifics, but said that the project was behind schedule, over budget, and the client was dissatisfied. Which of the following should be of the MOST concern to you?

1. The project is over budget and behind schedule
2. There is very little documentation related to the project.
3. The client is very dissatisfied with the project’s progress.
4. Your management is looking for rapid and visible action on this project to rectify the problems.

Q3. What would be the BEST explanation for the following: Both the cost variance and schedule variance are negative, but the cost variance is lower than the schedule variance.

1. The project underspent because all work was not completed, but overspent for work that was done.
2. The project overspent due to increased costs and yet completed some activities faster.
3. The project activities took longer than expected, but costs were lower.
4. The project underspent, because costs were lower than planned and activities were easier to complete than planned.

Q4. Which of the following is an output of the Collect Requirements process?

1. Requirements traceability matrix
2. Project scope statement
3. Work breakdown structure
4. Requested scope changes

Q5. Based on the chart, how many weeks will this project take?

1. 16
2. 31
3. 18
4. 13

Q6. A Responsibility Assignment Matrix illustrates the connections between the work that needs to be done and the project team members. A RACI chart is a type of Responsibility Assignment matrix in which the names of the roles being documented are:

1. Responsible, Administration, Check, and Inform
2. Reportable, Actionable, Check, and Inform
3. Responsible, Accountable, Consult, and Inform
4. Reportable, Actionable, Consult, and Implement

Q7. While preparing your risk responses, you identify additional risks. What should you do?

1. Add reserves to the project to accommodate the new risks and notify management.
2. Document the risk items and calculate the expected monetary value based on probability and impact that result from the occurrences.
3. Determine the risk events and the associated cost, and then add the cost to the project budget as a reserve.
4. Add a 10 percent contingency to the project budget and notify the customer.

Q8. You are a project manager on a US $5,000,000 software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development journal. Which of the following BEST describes what this type of input is called?

1. Mandatory dependency
2. Discretionary dependency
3. External dependency
4. Heuristic 33

Q9. You are in the middle of executing a major modification to an existing product when you learn that the resources promised at the beginning of the project are not available. The BEST thing to do is to:

1. Show how the resources were originally promised to your project.
2. Replan the project withour the resources.
3. Explain the impact if the promised resources are not made available.
4. Crash the project.

Q10. The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:

1. An S-curve
2. An inverted S-curve.
3. Pie-chart
4. A Z curve