Project Management Question Bank
for Exam preparation

Q2. Your best programmer is an independent contractor. Recently, you learned that she is working on a project in the evening for one of your competitors. Your BEST course of action is to:

1. Replace her.
2. Get her to sign a non-disclosure agreement.
3. Inform her that you do not allow your contractors to work with your competition, and ask her to choose.
4. Limit her access to sensitive data.

Q3. You are a project manager for a major telecommunications network upgrade with a net present value (NPV) of US $10,000,000. You are heavily dependent on a third party vendor for your project and your contract office informs you that there is a 30 percent chance that the vendor will go out of business at the end of the quarter. If that occurs, your project will incur a US $3,000,000 cost overrun due to rework. There is also a 30 percent chance that a new legislation will pass that will decrease government oversight of your team's work. If this legislation passes, you estimate that your project will save US $1,600,000 in time delays. Lastly, your technical lead indicates that there is 20 percent chance that a new software package will be available by month end that could save US $1,800,000 in testing time. If available, the software will cost US $500,000 to procure, install and train. What is the total expected monetary value of these three risk events?

1. $60,000
2. $1,640,000
3. $5,900,000
4. $160,000 88

Q4. The project manager notices that project activities being completed by one department are all taking slightly longer than planned. To date, none of the activities/work packages have been on the critical path, nor have they affected the critical chain planning that has occurred. The project manager is bothered by the problem, since four of the next five critical path activities are being completed by this department. After making three calls, the project manager is finally able to converse with the department manager to determine what is going on. The conversation is slow because both speak different native languages and they are trying to converse in French, a shared language. To make communication easier, the project manager frequently asks the department manager to repeat back what has been said. The department manager communicates that his staff is following a company policy that requires two of the project manager to believe that the policy may include excessive work. This is the fourth time the project manager has heard such a comment. What is the BEST thing to do?

1. Create a better communications management plan that requires only one language to be the universal language on the project and have translators readily available on a moment’s notice
2. Contact someone else in the department who speaks the project manager’s native language better to confirm the department manager’s opinion
3. Find out if the upcoming activities should be re-estimated
4. Work on increasing the effectiveness of the performing organization by recommending continuous improvement of the policy in question.

Q5. Which of the following is not a part of the data gathering tools used in Control Quality process?

1. Checklists
2. Control Chart
3. Check sheets
4. Statistical sampling

Q6. Which of the following are AL items included in the cost management plan?

1. The level of accuracy needed for estimates, rules for measuring cost performance, specifications for how duration estimates should be stated.
2. Specifications for how estimates should be stated, rules or measuring cost performance, the level of accuracy needed for estimates
3. Rules for measuring team performance, the level of accuracy needed for estimates, specifications for how estimates should be stated.
4. Specifications for how estimates should be stated, the level of risk needed for estimates, rules for measuring cost performance.

Q7. A project manager created a resource histogram. On the histogram, some bars extended beyond the maximum available hours. What does this usually signify?

1. This means that the resources on those bars are being underused.
2. This means that a resource optimization strategy needs to be applied.
3. This means the resources are producing outputs at a rate faster than the average rate.
4. This means that resources need to be reduced from the project.

Q8. Most project management software packages use a method of constructing a project schedule network diagram known as:

1. Waterfall Method
2. Precedence Diagramming Method
3. Agile Method
4. Just-in-time Method

Q9. All of the following are common results of risk management EXCEPT:

1. Contract terms and conditions are created
2. The project management plan is changed
3. The communications management plan is changed
4. The project charter is changed.

Q10. Inputs to Define Activities include all of the following EXCEPT:

1. WBS
2. A project scope statement
3. A team
4. A project schedule