Project Management Question Bank
for Exam preparation

Project Management- Q2. To demonstrate your product, you develop a small functional model of your real product and show to your stakeholders to get their feedback. This model is known as:

1. Simulation
2. Sampling
3. Prototype
4. None of the above

Project Management- Q3. Which of the following CANNOT be used as a tool in the Perform Quality Control process?

1. Pareto chart
2. Sampling
3. Work breakdown structure
4. Life cycle costing

Project Management- Q4. The manager of a project that your company is running in another country is at the corporate headquarters for a company-wide project management meeting. During a break, you overhear the project manager discussing payments made to local municipal governments for construction permits for the project. Your company has a strict policy about paying or taking bribes. What should you do?

1. Report him to PMI
2. Report him to his manager
3. Notify his project stakeholders
4. Do nothing

Project Management- Q5. You are the project manager of a project. As part of the planning process, you use a planning technique to subdivide the project scope and deliverables into smaller, more manageable components. What is this technique called?

1. Unit task analysis
2. Decomposition
3. Rolling wave planning
4. Arrow Diagramming Method

Project Management- Q6. The purpose of status meetings is to:

1. Exchanges information about the project.
2. Have team members report on what they are doing.
3. Issue work authorizations.
4. Confirm the accuracy of the costs submitted by the team.

Project Management- Q7. A project manager has just started planning his project. If he has only limited information about the project, he should use the following technique to estimate the duration for each activity using historical data from a similar project:

1. Four-point estimating
2. Three-point estimating
3. Analogous estimating
4. Parametric estimating

Project Management- Q8. The cost contingency reserve should be:

1. Hidden to prevent management from disallowing the reserve.
2. Added to each activity to provide the customer with a shorter critical path.
3. Maintained by management to cover cost overruns.
4. Added to the base costs of the project to account for risks

Project Management- Q9. An important part of performing stakeholder analysis is documenting quantifiable expectations. Which of the following expectations is quantifiable?

1. The project must improve customer satisfaction
2. The project should be higher quality
3. The project must yield a 15% reduction in part cost
4. All stakeholders’ needs must be satisfied

Project Management- Q10. An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9 and a late finish (LF) of day 19. What is the activity’s float?

1. 10
2. 6
3. 3
4. 19