Project Management Question Bank
for Exam preparation

Q2. Executing the risk response plan in order to react to risk events throughout the project is called:

1. Contingency planning
2. Monitoring and control
3. Mitigation
4. Life cycle costing.

Q3. Projects operating in agile environments where a high degree of uncertainty exists and where the scope is not yet fully defined, may not benefit from detailed cost calculations due to frequent changes. Instead, lightweight estimation methods can be used to generate a fast, high-level forecast of project labor costs, which can then be easily adjusted as changes arise. Detailed estimates are:

1. Reserved for short-term planning horizons in a just-in-time fashion.
2. Never developed in an agile project.
3. Only developed if the project stakeholders allow the project manager to do so.
4. Developed early during the project but are never updated due to frequent changes.

Q4. During project executing, a major problem occurs that was not included in the risk register. What should you do FIRST?

1. Create a workaround
2. Re-evaluate the Identify Risks process
3. Look for any unexpected effects of the problem.
4. Tell management

Q5. The degree to which a particular stakeholder may be able to positively or negatively affect a project is his or her:

1. Level of engagement.
2. Level of interest.
3. Level of commitment.
4. Level of influence.

Q6. While staffing a project in another country, the project leader from that country comes to you with a suggested team consisting of members of the project leader’s family. Your FIRST course of action should be to:

1. Inquire if hiring only through family lines is common practice in the project leader’s country.
2. Review the resumes of the individuals to see if they are qualified.
3. Ask the project leader to provide additional names of people unrelated to him/her.
4. Use a different project leader to prevent problems later in the project.

Q7. On any project, the configuration control should be focused on the specification of:

1. Deliverables and processes
2. Scope and cost
3. Risk and resources
4. Schedule and quality

Q8. The project manager of a highly visible project is new to project management. He has carefully followed the steps to create a project management plan. During a status meeting, two of the team members argue over what needs to happen next. Whose responsibility is it to correct the problem?

1. The team
2. The project manager
3. The functional manager
4. the individual team members who disagree

Q9. Over the last few weeks, the team has made three changes to the activities on the project. The project manager must be MOST careful to:

1. Record all the changes
2. Provide documentation on all the changes to the sponsor
3. Make sure the changes are reflected in the project scope baseline
4. Prevent more changes from occurring

Q10. Residual risks are risks that remain after risk response planning. Secondary risks are:

1. Planning risks that are no longer a factor during project executing
2. Discovered during risk identification
3. New risks created by the risk response strategies selected.
4. Lower priority risks not requiring mitigation efforts.