Project Management Question Bank
for Exam preparation

Q2. If you had an experience with a particularly well or poorly performing vendor, what is the correct way to document this experience for future projects?

1. Call the vendor and talk to them about the experience
2. Tell all your friends about it
3. Create a seller performance evaluation
4. Vow to only work with that vendor from now on

Q3. A business is considering more than a dozen infrastructure upgrade projects. These projects, once delivered, will add to the organization’s overall performance but will not contribute to any of the revenue streams. Prior to initiating any such project, the value of the project to the organization must be determined. Which of the following is the most important factor to consider in such a scenario?

1. Net Present Value (NPV) of the projects
2. Internal Rate of Return (IRR) of the projects
3. Alignment with the strategic goals
4. Investment requirement

Q4. You are developing a quality management plan for your project. During the planning process, one of your team members tells you that, in the past, the organization has completed a similar project. You start to review the old project and find that some of its quality metrics can be used in your project as well. This technique is known as:

1. Reviewing organization process assets
2. Benchmarking
3. Process analysis
4. Prototyping

Q5. Recommended corrective actions result from which of the following?

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

Q6. You have a project with four activities as follows. Activity 1 can start immediately and has an estimated duration of 1. Activity 2 can start after activity 1 is completed and has an estimated duration of four. Activity 3 can start after activity 2 is completed and has an estimated duration of five. Activity 4 has an estimated duration of 8. It can start after activity 1 is completed. Both activity 3 and 4 must be completed before the project is complete. What is the critical path of the project?

1. Start, 1, 2, 3, End
2. Start 1, 4, 3, End
3. Start 1, 4, End
4. Start 1, 2, 3, 4, End Activity Baseline Crash Time Cost Time Cost A 10 $4,000 8 $6,000 B 2 $6,000 2 $6,000 C 14 $22,000 12 $26,000 D 6 $9,000 5 $10,000 E 9 $14,000 7 $19,000 F 8 $18,000 4 $36,000 76

Q7. The highest point of Maslow's hierarchy of needs is:

1. Physiological satisfaction.
2. Attainment of survival.
3. Need for association.
4. Esteem.

Q8. A project manager wants to more extensively involve the stakeholders on the project. Which of the following would be the BEST way to accomplish this?

1. Have the stakeholders periodically review the list of project requirements.
2. Invite the stakeholders to attend project status meetings.
3. Send status reports to the stakeholders.
4. Update the stakeholders on the status of all project changes.

Q9. Jijo and Stefan are two employees of your organization. Jijo is working in an office and Stefan is on a site so their working conditions are different. During the project execution, both of them have some kind of conflict and come to you. You listen to them and solve the conflict. Which of the following is most likely to be a reason for a conflict in the working environment?

1. Ground rules
2. Personal work style
3. Salary
4. Working conditions

Q10. Based on the chart, while working on the project, you are told that you have to remove some resources to support a more important project for your customer. From which activity would it be BEST to remove resources?

1. Activity A
2. Activity B
3. Activity C
4. Activity D