Project Management Question Bank
for Exam preparation

Q2. Project performance measurements assess the magnitude of variation from the original cost baseline. Once the degree of cost variation is known, what step is performed next?

1. Audit the project team
2. Upgrade the configuration management database with new controls.
3. Replanning
4. Perform root cause analysis of the variance’s cause relative to the cost baseline

Q3. You open a new hotel in Malaysia. You are new to this area and do not have experience in catering services. You are discussing whether you should provide your own catering service for your customers or to outsource it from another caterer who is experienced. They are guaranteeing their service and ready to accept a fine if they fail to serve your customers in a timely manner. Since their offer is lucrative, you decline starting your own catering service for customers and accept their offer. What kind of risk response strategy is this?

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

Q4. What is the purpose of a bidder conference?

1. Awarding a contract to the most suitable vendor
2. Pre-qualifying the potential sellers
3. Ensuring all vendors have a clear understanding of the procurement
4. Developing a comprehensive seller's list

Q5. At the end of a project, a project manager determines that the project has added four areas of functionality and three areas of performance. The customer has expressed satisfaction with the project. What does this mean in terms of success of the project?

1. The project was an unqualified success.
2. The project was unsuccessful because it was gold plated.
3. The project was unsuccessful because the customer being happy means they would have paid more for the work.
4. The project was successful because the team had a chance to learn new areas of functionality and the customer was satisfied.

Q6. The most detailed level of the WBS is the _______________ .

1. Control Account
2. Work package
3. Scope statement
4. Accepted Deliverable

Q7. Activities in the Define Activities process should meet:

1. The WBS layout
2. Cost incentives
3. Schedule objectives
4. Project objectives

Q8. You have been working on a very large software development project that has made use of more than 230 people. Finally, all the scope has been completed. It would be BEST to:

1. Throw a party for the team members
2. Make sure the project is integrated with the other projects.
3. Begin to focus on your other projects
4. Analyze project success or failure

Q9. The testing results for the new computer modulation project have arrived from the seller. The results indicate the project is not meeting the overall requirements. If the project manager meets with the team members to analyze the situation, the project manager is involved in which process?

1. Quality management
2. Manage Quality
3. Plan Quality
4. Perform Quality Control.

Q10. You took over a project from an individual who was fired. You are reading the project documentation and find that five managers signed the project charter. What should be your primary concern at this time?

1. Determining reporting structure
2. Communicating in a matrix organization
3. Getting a single sponsor
4. Identifying who can represent the project for change control