Project Management Question Bank
for Exam preparation

Q2. Sensitivity analysis helps to determine which risks have the most potential impact on the project. A project manager prepared a display chart of sensitivity analysis for his project. The diagram contained a series of bars with the length of the bars corresponding to the risk impact on the project. The longer the bar, the greater was the risk presented. Such a chart is likely to be:

1. An assessment diagram
2. A triangular distribution
3. A tornado diagram
4. A funnel distribution

Q3. Vendor selection, vendor management, and documentation of lessons learned are tasks that fall under this process:

1. Procurement management
2. Deliverable management
3. Conduct Procurements
4. Scope management

Q4. The X in the DfX can be:

1. Competing project constraints
2. Different aspects of product development
3. Design assumptions
4. Discretionary dependencies

Q5. The main focus of life cycle costing is to:

1. Estimate installation costs.
2. Estimate the cost of operations and maintenance.
3. Consider installation costs when planning the project costs.
4. Consider operations and maintenance in the making project decisions.

Q6. Jane is worried about her project because many of her tasks are moving slowly, and two critical tasks may slip. She conducts a thorough resource analysis and finds out that there are five people who will be free next week. She would like to assign those people to finish her tasks early and prevent the project completion date from slipping. This is an example of:

1. Management reserves
2. Resource Leveling
3. Crashing
4. Fast tracking

Q7. You are working as a project manager for a high-yield crop development project. Data from the weather agency shows an unfavorable weather pattern for the next few months. As a senior project manager, you want to assess the schedule’s feasibility under adverse conditions and provide some insights to your team. That way, your team can prepare some reserves and plan risk responses if unfavorable conditions exist during execution. Which of the following techniques should you use to simulate risks and other sources of uncertainty to calculate possible schedule outcomes?

1. Pareto charts
2. Variance analysis
3. Crashing
4. Monte Carlo analysis

Q8. Uncontrolled project scope changes are often referred to as ________ .

1. Scope creep
2. Scope verification
3. Value Added Scope
4. Scope control

Q9. When should a schedule baseline be created and used?

1. At the beginning of the project and used to compare schedule performance on status reports
2. At the end of the project and then used to measure team performance
3. At the end of the project and included in the archive
4. At the beginning of the project and used during the project to measure performance

Q10. Your employee is three days late with a report. She walks into a meeting where the report is to be discussed and hands you a copy five minutes before the topic is to be discussed. You noticed some serous errors in the report. How could this have been prevented?

1. Require periodic updates from the employee.
2. Coach and mentor the employee.
3. Make sure the employee was competent to do the work.
4. Cancel the meeting earlier because you did not have a chance to review the reports.