Project Management Question Bank
for Exam preparation

Q2. You are finishing the prototype that was planned as a risk mitigation strategy when you find out that the benefit cost ratio (BCR) has been improved and the project cost performance index (CPI) is 1.03. The standard deviation on the project time estimate has decreased and you discover that the prototype, already almost finished, can fulfill the needs of another project requirement as well. What should you do FIRST?

1. Look for ways to help get the prototype accepted faster and thus cut cost
2. Compress the project to get it completed faster using the prototype
3. Review the benefits of the project with the customer and determine if the prototype will improve the benefits
4. Look for the risk impacts of fulfilling another requirement with the prototype.

Q3. After brainstorming potential project risks, what is the recommended method for prioritizing these risks and their mitigation plans?

1. RACI chart
2. Control chart
3. Fishbone diagram
4. Probability and impact matrix

Q4. A team member notifies you that she has added extra functionality to the project. She tells you there was no impact on the cost or schedule. What should be done as a result of this change?

1. Implement change control processes to track the change
2. Understand what functionality was added
3. Instruct the team member to remove the extra functionality
4. Issue an approved change request

Q5. Close Project or Phase is the process of completing and concluding all activities across all process groups to officially close the project. Which of the following activities is not performed during this process?

1. Actions required to transfer completed products to operations
2. Actions required to archive project information
3. Actions required to audit project success or failure
4. Actions required to accept the deliverables

Q6. Design of experiments:

1. Identifies which variables have the most influence on a quality outcome
2. Identifies which variables have the least influence on a quality outcome
3. Determines what a quality outcome is
4. Determines the methods to be used for research and development.

Q7. You are the Project Manager for the production of an exotic car. You have completed the Define Scope process for your project. Which of the following may be generated through this process?

1. Project scope statement, project charter
2. Project scope statement, updates to requirements traceability matrix
3. WBS, updates to requirements traceability matrix
4. Project scope statement, WBS

Q8. You want to buy a cell phone and you have two options. The first phone is cheaper and offers less functionality, but it has a proven track record of good stability and reliability. The second phone is a feature rich, costly phone but it has some stability and reliability issues. Which of the following statements is correct about these phones?

1. The first cell phone is a low grade, high-quality phone
2. The second cell phone is a low grade, high-quality phone
3. The first cell phone is a high grade, low-quality phone
4. The second cell phone is a high grade, high-quality phone

Q9. A project manager has a project with a team member’s performance. What is the BEST form of communication for addressing this problem?

1. Formal written communication
2. Formal verbal communication
3. Informal written communication
4. Informal verbal communication

Q10. A project manager needs to determine if the manufacturing process planned for the new micro-satellites will meet quality standards. Each satellite takes about three days to manufacture and costs US $125,000. The satellites are so small that inspection would destroy them. Under these circumstances, what should the project manager do?

1. Outsource the inspection to another company with more expertise.
2. Evaluate the attributes of the population.
3. Inspect a sample of the satellites.
4. Decrease the cost of quality.