Project Management Question Bank
for Exam preparation

Q2. A buyer and seller set the rates for junior engineers, senior engineers, architects, and other predefined roles. In what type of contract would this be applicable?

1. Fixed-price with economic price adjustment contract
2. Fixed-price incentive contract
3. Fixed-price contract
4. Time and material contract

Q3. Project performance appraisals are different from team performance assessments in that project performance appraisals focus on:

1. How an individual team member is performing on the project
2. An evaluation of the project team’s effectiveness
3. A team building effort
4. Reducing the staff turnover rate.

Q4. You have just completed the design phase for a client’s project and are about to enter the implementation phase. All of the following need to be done EXCEPT:

1. Lessons learned
2. Updating records
3. Formal acceptance
4. Completion of the product of the project.

Q5. Which of the following best describes the Validate Scope process?

1. Validating that the project quality requirements are met
2. Controlling changes to the scope of the project
3. Obtaining the stakeholders' formal acceptance of the project deliverables
4. Validating that all of the project's objectives are met

Q6. You are reviewing the response to an RFP issued by your company for a project that will last a year and exceed US$5 million. Three vendors have been shortlisted. The first, Nosteltec, Inc., is a relatively new company in this industry. It has assembled a team of industry experts with vast industry experience and qualifications. The second company, Xen Contractor, has been in business for 20 years. You and your company have a long and positive history working with this vendor. The third company is SonoNet LLC. It has been in business for 10 years and has a reputation for extensive expertise and superior delivery. They are also well-known for being one of the more expensive providers in the market. You have many relationships with the Xen Contractor staff, which you established during prior procurement contracts with this company. As a result, a project manager from Xen Contractor, with whom you are friendly both personally and professionally, calls you for clarification on a point

1. Clarify via email
2. Clarify via phone call
3. Advise the vendor that the RFP is self-explanatory
4. Send the clarification to all three vendors

Q7. Upon obtaining the project charter, the Project Manager of a project starts acquiring the project team immediately. Is this correct?

1. Yes. Acquisition of the project team is primarily an Initiating Process Group activity.
2. Yes. The project manager needs to get the team together as soon as the project starts.
3. No. It is the responsibility of the project sponsor to provide the team for execution.
4. No. Acquisition of the project team is primarily an Executing Process Group activity.

Q8. All of the following are forms of power derived from the project manager’s position EXCEPT:

1. Formal
2. Reward
3. Penalty
4. Expert.

Q9. Public recognition of superior performance creates positive reinforcement for the team members. When is the best time for a project manager to recognize team members' performance?

1. At the end of the project
2. During the lifecycle of the project
3. At the end of every phase of the project
4. As mandated by the HR department

Q10. In which of the following situations would it be better to avoid using Analogous Estimating?

1. When the project team members have the needed expertise
2. When an accurate estimate is required
3. When a low value estimate is required
4. When the previous activities are similar in fact and not just appearance