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Project Management Question Bank
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Question:

A new project manager has just been assigned a project that is in progress. The project is two weeks behind schedule. The team members are about to be distributed to another project based on original time estimates provided by the functional manager. What is the FIRST step the project manager should take?
  1. She should first revise the bar chart with new timelines
  2. She should initially contact the sponsor and begin with a new team
  3. She should first show sympathy with the current team and delay decision making for another week.
  4. She should check the project management plan for contingencies concerning resources and talk to the functional manager.






Q2. Project A has an internal rate of return (IRR) of 21 percent. Project B has an IRR of 7 percent. Project C has an IRR of 31 percent. Project D has an IRR of 19 percent. Which of these would be the BEST project?

  1. Project A
  2. Project
  3. Project C
  4. Project D 8
Correct Answer

Q3. A project manager has discovered that a team member has gold plated the work done in an activity. In order to discover this, the project manager must have been performing:

  1. Time management
  2. Scope management
  3. Cost management
  4. Human Resource management
Correct Answer

Q4. A trend report was given to the project manager, who reacted to the report by investigating what activity or activities had not been done, but should have been done, to date. What did the report show?

  1. Actual cost was below planned and schedule progress was less than planned
  2. The cost performance index (CPI) was 0.8 and the schedule performance index (SPI) was 1.2.
  3. The budget at completion (BAC) was higher than planned
  4. The schedule performance index (SPI) was 1.3 and the estimate at completion (EAC) was greater than planned.
Correct Answer

Q5. During project executing, a team member comes to the project manager because he is not sure of what work he needs to accomplish on the project. Which of the following documents contain detailed descriptions of work packages?

  1. WBS dictionary
  2. Activity list
  3. Project scope statement
  4. Project scope management plan
Correct Answer

Q6. Andrew was working as a senior project manager at a company when he resigned from his position. This company recently hired Jack to replace Andrew. Jack had worked with Andrew in the past, and he knows him personally. Jack is now in charge of a project that Andrew left in the middle. If Jack calls Andrew for an opinion on this project, this constitutes:

  1. Jack‘s incompetence since he is dependent on Andrew‘s opinion
  2. An example of obtaining expert judgment from a senior
  3. Unethical behavior by Jack since Andrew has already resigned from the company
  4. A conflict of interest situation as Jack knows Andrew
Correct Answer

Q7. A software vendor on your project is hoping to be awarded a contract providing software for another project at your company. You are not the manager of the other project. However, the vendor offers you tickets to an upcoming professional sports event if you will "put in a good word" for his company to the vendor selection team of the other project. What do you do?

  1. Fire the vendor
  2. Decline the tickets but provide a recommendation for the vendor
  3. Decline the tickets and notify appropriate management of the situation
  4. Accept the tickets if company policy allows it and provide a recommendation for that vendor to the other project team
Correct Answer

Q8. 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
Correct Answer

Q9. You are a certified PMP, and the PMI has contacted you as part of an investigation it is conducting into allegations of improper conduct by your manager, who is also a PMP. A complaint has been filed stating your manager has received bribes related to a large procurement contract on another project. PMI has asked whether you could provide information regarding this situation. What should you do?

  1. Confront your manager
  2. Send PMI project documentation and emails related to the allegations to assist with their investigation
  3. Notify the appropriate management immediately
  4. Do nothing, citing a conflict of interest
Correct Answer

Q10. You are a project manager for Groceries ’R’ Us, a supermarket chain, and are currently working on a project to build a new outlet. The planned values (PV) for the foundation and the frame were $150,000 and $500,000. After five months, you do a performance measurement analysis. You are currently not ahead of schedule. The actual costs for the foundation and frame were $175,000 and $650,000. At this point, 100 percent of the foundation is complete, and only 80 percent of the frame is complete. Which value represents the cost performance index (CPI) to two decimal places at this point in the project?

  1. 0.84
  2. 1.5
  3. 0.67
  4. 1.19
Correct Answer










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