Project Management Question Bank
for Exam preparation

Q2. As an independent consultant, you are working with a project manager of a spacecraft parts manufacturing project to ensure that the team complies with organizational quality policies and procedures. Since parts made in this project must be of high precision and accuracy, you are documenting shortcomings within the processes and procedures to improve the quality for customer acceptance. Which of the following best represents the project management activity you are doing?

1. Statistical sampling
2. Quality audits
3. Quality control
4. Inspection

Q3. A project manager is trying to coordinate all the activities on the project and has determined the following: Activity 1 can start immediately and has an estimated duration of 1 week. Activity 2 can start after activity 1 is completed and has an estimated duration of 4 weeks. Activity 3 can start after activity 2 is completed has an estimated duration of 5 weeks. Activity 4 can start after activity 1 is completed and has estimated duration of 8 weeks. Both activities 3 and 4 must be completed before the end of the project. What is the duration of the critical path for this project?

1. 10
2. 11
3. 14
4. 8

Q4. To create the status report, you have collected the data for value of completed work, actual duration, actual completed work, etc. These data are examples of:

1. Work performance data
2. Work performance information
3. Work performance measurement
4. Performance data

Q5. Analogous estimating:

1. Uses bottom-up estimating techniques
2. Is used most frequently during the executing processes o the project.
3. Use top-down estimating techniques
4. Uses actual detailed historical costs

Q6. During which stage of risk planning are risks prioritized based on their relative probability and impact?

1. Perform Qualitative risk analysis
2. Identify Risks
3. Perform Quantitative risk analysis
4. Plan Risk Responses

Q7. Velvet is working for a chemical industry, and her management proposed two different projects to manufacture benzene for commercial use. After doing financial analysis, the financial advisor provided her with the following statistics about the projects: Project 1: 60 percent probability of success with a profit of $500,000 and 20 percent probability of failure with a loss of $200,000. Project 2: 30 percent probability of success with a profit of $300,000 and 30 percent probability of failure with a loss of $400,000. Based on the information above, Velvet should choose:

1. Either project 1 or project 2
2. Neither project 1 nor project 2
3. Project 2
4. Project 1

Q8. A project is ending one of its phases. What should be done before moving on to the next phase?

1. Team meeting
2. Validate Scope
3. Management meeting
4. Scope management 05

Q9. You are currently managing an urban development project for a municipal authority. You and your team are managing the project and have outsourced most of the project work to specialist contractors. All the contracts awarded were FFP contracts. The project is almost 50 percent complete, and most of the contractors have requested amendments to their contacts. Work specifications were not clear at the time of contract awards, and as a result, new work requirements have come up. What is your lesson learned?

1. Never award FFP contracts in the future since they usually result in disputes and contests
2. Cost-plus contracts are ideal types of contracts for construction projects
3. Do not award FFP contracts unless the scope of work and specifications are precisely articulated.
4. Good and credible contractors were not selected for the project at the time of award

Q10. You are setting up your project team, and you are looking at a chart that shows that Systems Development will perform programming, Infrastructure Systems will implement the infrastructure, and the Call Center will handle the customer communication. This is an example of what type of chart?

1. RACI
2. Organizational Breakdown Structure (OBS)
3. Work Breakdown Structure
4. Resource Breakdown Structure (RBS)