Project Management Question Bank
for Exam preparation

Project Management- Q2. The business case documents the business need and the cost benefit analysis that justify the project. The summary of how the project has achieved the business needs identified in the business case is document in the:

1. Project charter
2. Project WBS
3. Project Scope Statement
4. Project final report

Project Management- Q3. The project charter is the document that authorizes the existence of the project and contains a great deal of important information. Which of the following options shows the correct content of a project charter?

1. Project purpose, high level requirements, assumptions and constraints, summary budget
2. High-level risk, summary milestone, project management plan, summary budget
3. Project objective, stakeholder list, WBS, project approval authority
4. Name of the sponsor, name of the project manager, schedule baseline, summary budget

Project Management- Q4. All of the following are tools used in the Validate Scope process EXCEPT:

1. Product reviews
2. Audits
3. Walkthroughs
4. Sensitivity analysis

Project Management- Q5. During Plan Risk Responses process, the team is discussing ways to deal with a risk. They have come up with the following options: (a) outsource the work, (b) provide more training to the team members, (c) wait to see if the risk actually happens, (d) ignore the risk and (e) do the risky activity sooner in the project. Which of the following is a risk response strategy that was forgotten in the above situation?

1. Remove the activity causing the risk from the project.
2. Purchase insurance to cover the anticipated cost.
3. Assign the activity to a more experienced person to handle.
4. Prototype the product.

Project Management- Q6. All of the following are examples of the cost of non-conformance EXCEPT:

1. Scrap
2. Warranty costs
3. Rework
4. Quality training

Project Management- Q7. 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

Project Management- Q8. You are a project manager for a large electrical system implementation. One of your key people has started to miss deadlines and work quality is beginning to suffer as well. This person has participated in project planning, and in fine-tuning the earned value estimating, and developing the reward systems for the project. You are confident that this person is well aware of the work deadlines and required quality specifications. What action should you take?

1. Report problem to the personnel or human resource department for corrective action.
2. Reassign some work to other team members until performance starts to improve.
3. Discuss the issues with the employee at the next team meeting and try to determine the factors impacting performance.
4. Escalate the situation to the employee’s functional manager and ask for assistance.

Project Management- Q9. All of the following are outputs of Plan Resource Management EXCEPT:

1. Roles and responsibilities.
2. Project organizational charts.
3. The number of resources needed.
4. The staffing management plan.

Project Management- Q10. Which of the following is not a Risk Diagramming technique?

1. Influence diagrams
2. Control charts
3. Decision trees
4. Tornado diagram