Project Management Question Bank
for Exam preparation

Q2. Your project is running late and you are over budget. You review the situation and find that it would be difficult for you to complete the project with the given budget. You inform management and they ask you to come up with a new budget. After estimating the new cost, you inform management that you may need 10,000 USD more to complete the project. This is an example of:

1. Forecast analysis
2. Status report
3. Change request
4. Progress report

Q3. All of the following relate to controlling the schedule EXCEPT:

1. Value analysis
2. Crashing
3. Float
4. Mandatory dependencies 66

Q4. Which of the following BEST describes product analysis?

1. Working with the customer to determine the product description.
2. Mathematically analyzing the quality desired for the project.
3. Gaining a better understanding of the product of the project in order to create the project scope statement.
4. Determining if the quality standard on the project can be met.

Q5. When managing a project, which of the following is the BEST order to deal with problems that arise?

1. Go to the team, go to management, go to resource managers.
2. Go to resource manager, go to management, go to the customer.
3. Handle it yourself, go to the customer, go to management.
4. Resolve the problem with resources you control, go to the resource manager, go to the customer.

Q6. A project manager’s project has just been dropped to a lower priority on the list on his department’s prioritize projects. It would be BEST for the project manager to:

1. Let the customer know that the project schedule will need to slip.
2. Use some of the management reserve to accommodate the change.
3. Start cutting wok packages.
4. Gain more resources.

Q7. During the status review with your stakeholders, one of the stakeholders told you that they were not asked for their opinion, and now they need a change in the product characteristics. This change may lead to a change in your cost and schedule baseline. Which of the following processes could have helped you prevent this issue?

1. Collect requirements
2. Control scope
3. Identify risks
4. Scope creep

Q8. Validate scope is the process which helps increase the chances that the client will accept the deliverable. Here, the client reviews the verified deliverable from the control quality process. Which of the following statements is true about validate scope process?

1. You complete this process with the client
2. You and your team members complete the process
3. It is performed by QA / QC personal
4. None of the above

Q9. The WBS, estimates for each work package, and the network diagram are completed. The NEXT thing for the project manager to do is:

1. Sequence Activities
2. Develop Schedule
3. Verify Scope
4. Resource Simulation 37

Q10. Jared is in the execution phase of a residential housing construction project. He has been informed of major scope changes from stakeholders in the middle of the project. These changes involve regulatory requirements from local authorities that may affect not only the scope but also the cost and duration of the project. What is the first step that Jared should take in considering these changes?

1. Meet with the change control board to solicit some ideas on the new project plan
2. Create a report detailing the impact of scope changes on project parameters such as cost, quality, and schedule
3. Add new tasks to the project plan and assign resources to account for regulatory changes
4. Escalate the scope changes to the sponsor and steering committee for their decision