Project Management Question Bank
for Exam preparation

Q2. While finalizing the WBS you assign each work package to a control account and establish a unique identifier for the same work from a code of account. These identifiers help you find a hierarchical sum of costs, schedule, etc. Which statement is true about the WBS?

1. It contains all project work
2. It authorizes the project manager
3. It is a hierarchy of project staff
4. It is a hierarchical breakdown of project resources

Q3. A SWOT analysis helps you identify opportunities which arise from organizational strengths threats dues to its weakness. According to this analysis, analyzing the strengths and weaknesses is a part of:

1. Internal factors
2. External factors
3. Discretionary factors
4. Mandatory factors

Q4. You have a project with the following activities: Activity 1 can start immediately and has an estimated duration of four. Activity 2 can start after activity 1 is completed and has an estimated duration of eight. Activity 3 can start after activity 2 is completed and has an estimated duration of five. Activity 4 can start after activity 1 is completed and has an estimated duration of eight. Activity 5 has an estimated duration of three and must take place concurrently with activity 3. It can start after activities 4 and 2. What is the duration of the critical path of this project?

1. 15
2. 18
3. 17
4. 12

Q5. During the middle of the project, things have been going well. The work authorization system has allowed people to know when to start work and the issue log has helped keep track of the stakeholders’ needs. The benefit cost ratio has been improving and the sponsor has expressed his appreciation for the team members’ efforts by hosting a milestone party for the team. The project manager gets a call from a team member saying that the results from the completion of their activity’s predecessor is two days late. Which of the following reasons would BEST describe why this occurred?

1. The project manager was focusing on the sponsor’s needs.
2. Functional management was not included in the communications management plan.
3. The successor activities should have been watched, not the predecessors.
4. The right people were not invited to the milestone party.

Q6. A functional manager meets with the project manager’s boss to discuss a change to the acceptance criteria for a major deliverable. After the meeting, the boss calls the project manager into his office and tells him to make the change. What is the BEST thing to do?

1. Make the change as soon as possible.
2. Understand the change.
3. Supply the boss with a change form
4. Evaluate the impact of the change.

Q7. Which motivational theory says that what motivates people is the work itself, including such things as responsibility, self-actualization, and professional growth?

1. Maslow
2. Deming
3. McGregor
4. Herzberg.

Q8. Your project will go through many phases to produce a high-priced product that will be sold to the public. You are currently starting the design phase. The price will include the product and scheduled maintenance. The team includes representatives from the engineering department, who will help determine the design of the project, the marketing department, who will determine the shape of the container for the product of the project and the accounting department who will help make sure the cost of the project allow ample profit margin. The project charter has been completed and signed by sponsors from all these departments. The product scope was completed in an earlier project that was two months delayed due to arguing over the scope. The team is now functioning well and past team building efforts have produced an effective team for this new project. Which of the following is the BEST thing to include that has not been included in planning?

1. The team working on the project does not include anyone from senior management and will thus not have enough support to be completed quickly and effectively.
2. There needs to be a representative from the quality department to ensure that the project will satisfy the needs for which it is undertaken.
3. The project is not taking into account how the project work will affect future phases and thus future phases may cost more.
4. Team building efforts should still be done in the future to ensure an effective team.

Q9. The formula for Cost Variance is:

1. CV=EV-AC
2. CV=AC-EV
3. CV=BAC-(AC-EV)
4. CV=SV-BC

Q10. Risks will be identified during which risk management process(es)?

1. Identify Risks.
2. Identify Risks and Control Risks
3. Perform Quantitative Risk Analysis and Identify Risks
4. Perform Qualitative Risk Analysis and Control Risks 07