Project Management Question Bank
for Exam preparation

Q2. Which of the following is not an appropriate method for dealing with a negative risk?

1. Avoid
2. Exploit
3. Transfer
4. Mitigate

Q3. RACI stands for______________, ________________, ___________, _______________.

1. Review, Analyze, Calculate, Implement
2. Responsible, Actual, Complete, Informative
3. Roles, Activities, Costs, Instructions
4. Responsible, Accountable, Consult, Inform

Q4. Many more changes were made to the project during the project executing processes than had been expected. What is the BEST thing for the project manager to do now?

1. Wait until all changes are known, print out a new schedule, and revise the baseline
2. Make changes as needed, but maintain a schedule baseline
3. Make only the changes approved by management
4. Talk to management before any changes are made

Q5. Which of the following is the primary output of the Develop Project Team process?

1. Change requests
2. Staffing management plan
3. Team performance assessment
4. Updated issue log

Q6. A project manager has just started planning his project. If he has only limited information about the project, he should use the following technique to estimate the duration for each activity using historical data from a similar project:

1. Four-point estimating
2. Three-point estimating
3. Analogous estimating
4. Parametric estimating

Q7. Calculating estimate to complete (ETC) is done during the:

1. Planning process group
2. Initiating process group
3. Executing process group
4. Monitoring and controlling process group.

Q8. Although the stakeholders thought there was enough money in the budget, halfway through the project the cost performance index (CPI) is 0.7. To determine the root cause, several stakeholders audit the project and discover the project budget was estimated analogously. Although the activity estimates add up to the project estimate, the stakeholders think something was missing in how the estimate was completed. Which of the following describes what was missing?

1. Estimated costs should be used to measure CPI.
2. SPI should be used, not CPI
3. Bottom-up estimating should have been used
4. Past history was not taken into account.

Q9. You have two activities with Finish to Start sequences. The duration of the first activity is 10 days, and the duration of the second activity is 8 days. The estimated time completed for these activities is 18 days. The client asks you complete these activities within 15 days; you review his request and agree to do so at no extra cost. Now, you plan to start the second activity three days before the first activity completes so that both activities can be completed in 15 days. This process is known as:

1. Schedule modification
2. Fast tracking
3. Crashing
4. None of the above

Q10. 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