Project Management Question Bank
for Exam preparation

Project Management- Q2. Lag means:

1. The amount of time an activity can be delayed without delaying the project finish date
2. The amount of time an activity can be delayed without delaying the early start date of its successor.
3. Waiting time
4. The product of a forward and backward pass

Project Management- Q3. Change control tool selection should be based on the needs of the project stakeholders, including organizational and environmental considerations and/or constraints. Which of the following is not a key change management consideration while selecting an appropriate change control tool for a project?

1. Identifying and selecting a change item
2. Configuration item verification and audit
3. Documenting the change into a proper change request
4. Tracking change requests

Project Management- Q4. Which of the following needs to be completed before resources can be finalized for the project?

1. Work breakdown structure
2. Estimates
3. Bar chart
4. Verify Scope

Project Management- Q5. A project manager is creating a risk response plan. However, every time a risk response is suggested another risk is identified that is caused by the response. Which of the following would be the BEST thing for the project manager to do?

1. Document the new risks and continue the Plan Risk Responses process.
2. Make sure the project work is better understood.
3. Get more people involved in the Identify Risks process since risks have been missed.
4. Spend more time making sure the risk responses are clearly defined.

Project Management- Q6. Double declining balance is a form of:

1. Decelerated depreciation
2. Straight line depreciation
3. Accelerated depreciation
4. Life cycle costing 0

Project Management- Q7. A change request that is issued to bring the performance of the project back in line with the project management plan is related to:

1. Corrective action
2. Defect repair
3. Proactive action
4. Preventive action

Project Management- Q8. In attempting to complete the project faster, the project manager looks at the cost associated with crashing each activity. The BEST approach to crashing would also include looking at the:

1. Risk impact of crashing each activity
2. Customer’s opinion of which activities to crash
3. Boss’s opinion of which activities to crash and in what order.
4. Project life cycle phase in which the activity is due to occur

Project Management- Q9. What is the purpose of a bidder conference?

1. Awarding a contract to the most suitable vendor
2. Pre-qualifying the potential sellers
3. Ensuring all vendors have a clear understanding of the procurement
4. Developing a comprehensive seller's list

Project Management- Q10. Recommended corrective actions result from which of the following?

1. Cost aggregation
2. Bottom-up estimating
3. Reserve analysis
4. Control costs.