Project Management Question Bank
for Exam preparation

Q2. Which of the following processes includes asking team members about the time estimates for their activities and reaching agreement on the calendar date for each activity?

1. Sequence Activities
2. Develop Schedule
3. Define Scope
4. Develop Project Charter

Q3. Your company puts a new product into the marketplace without any reports of problems. However, your internal research indicates that there is a possibility of serious injuries that would cost $20,000,000 to fix. What should you do?

1. Make the necessary modifications to the products in production
2. Recall all the existing product
3. Wait until an injury to verify the impact
4. Obtain insurance to cover the anticipated damages

Q4. You are working in a large organization and managing a project to construct a road. To help you in your project, your PMO is providing you with their support and require you to comply with them. What kind of PMO is this?

1. Supportive
2. Controlling
3. Directive
4. Helping

Q5. A client has asked you to add to the scope of the project. The project is under budget and a little ahead of schedule. What should you do?

1. Approve the change
2. Determine the effects of the change on the project.
3. Ask the sponsor for approval to make the change
4. Get approval from the configuration change board.

Q6. Analogous Cost Estimating is which of the following?

1. Uses statistical relationship between historical data and other variables
2. Generally less accurate
3. Bottom-up estimating
4. Generally accurate

Q7. Which of the following BEST describes an opportunity on a project?

1. Team members will learn more about spy satellites, and will be able to use that information on future projects.
2. The requirements might need updating later.
3. The quality requirements are hard to achieve.
4. Additional engineering may be needed in order to get the satellite to meet the customer’s requirements.

Q8. The authorized time phased budget which you use to monitor and control the cost of the project is known as:

1. Funding limit reconciliation
2. EAC
3. Cost baseline
4. Schedule baseline

Q9. Instead of celebrating the end of the project, the stakeholders are breathing a sigh of relief. None of them were confident the product would meet the end date. Which of the following is NOT one of the reasons this project had difficulty?

1. Lack of payback period
2. Lack of milestones
3. Lack of a communications management plan
4. Lack of a staffing management plan

Q10. You have found you do not yet have an accurate estimate of the number and skill levels of resources needed for the scheduled activity Build Racks for Data Center. You need this estimate for presentation to your Human Resources department later in the week. You have decided to decompose the Build Racks for Data Center activity into smaller components such as take equipment out of box, review equipment for completeness, build frame, and install rails. Then you plan to estimate the resources for each smaller component and combine those estimates into an aggregate. This is an example of:

1. Aggregate Estimating
2. Alternative Analysis
3. Bottom-up Estimating
4. Rolling Wave Estimating