Project Management Question Bank
for Exam preparation

Q2. You are working on an 18-month project with a small, co-located team. The project sponsor and senior management are in another city and have requested weekly updates. The customer requires monthly meetings. Because the team members are busy with the project executing processes, they would like to reduce the frequency of meetings. Which of the following BEST describes how status meetings should be managed on this project?

1. During project executing, you do not need to hold status meetings as long as you send the key stakeholders a status report every week.
2. Once a month the entire team, including senior management, should meet with the customer. You should discuss the details of the previous month’s issues with the customer. You should discuss the details of the previous months’ issues and the current status.
3. During project executing, it is only necessary for the project manager to meet with the customer once a month to fulfil your contractual obligation. Provide the customer once a month to fulfil your contractual obligation. Provide the customer with the status report and copy this report to key stakeholders.
4. The frequency and level of the meetings as well as the format and type of information to be exchanged should be defined in the project’s communications management plan during project planning.

Q3. Outputs of the Plan Resource Management process are:

1. Roles and responsibilities, project organization charts, and staffing management plan.
2. Project organization charts, project staff assignments, and roles and responsibilities
3. Project management plan updates, staffing management plan, and project organization charts.
4. Roles and responsibilities, staffing management plan, and resource availability.

Q4. You are working on a new oil purification project in a foreign country. A person informs you that you will have to pay him a “transfer fee” for the permit to move heavy equipment through the city. What is the FIRST thing you should do?

1. Pay the fee, but only to the city
2. Do not pay the fee
3. Make sure the person is really a government official
4. Negotiate openly with the city officials.

Q5. You are constructing an office building. The cost of this project is 200,000 USD, and the duration of the project is 8 months. During the performance review in the sixth month, you find that 65% of the work is completed and the cost performance index is 1.3. The Planned Value (PV) will be:

1. 150,000 USD
2. 130,000 USD
3. 70,000 USD
4. 266,666 USD

Q6. During the development of the project stakeholder engagement plan, a project manager is usually dependent on the voice of the project stakeholders to obtain expert opinion. Which of the following is an important tool available to the project manager for gathering and organizing stakeholders’ information?

1. Fishbone diagrams
2. Control charts
3. Histograms
4. Focus groups

Q7. Which of the following statements is not accurate about the initial phase of a project?

1. The highest uncertainty is at this stage of the project.
2. The cost associated at the beginning of the project is highest.
3. Stakeholders have maximum influence during this phase.
4. Staffing levels are the lowest at this stage.

Q8. Which of the following represents the estimated value of the work actually accomplished?

1. Earned value (EV)
2. Planned value (PV)
3. Actual cost (AC)
4. Cost variance (CV)

Q9. You are discussing strategies to be used to manage and engage stakeholders in your project. Which process are you in?

1. Plan stakeholder engagement
2. Develop stakeholder management strategy
3. Manage stakeholders engagement
4. Plan communication management

Q10. An output of the Close Project process is the creation of:

1. Project archives
2. A project charter
3. A project management plan
4. A risk analysis plan