Project Management Question Bank
for Exam preparation

Q2. You are aware that cost and schedule risks are prevalent in your project. You want to compare the planned project performance with its actual performance during the Monitor Risks process. What should you perform to provide this information?

1. Reserve analysis
2. Risk audit
3. Risk reassessment
4. Technical Performance Analysis

Q3. Which of the following is an example of a parametric estimate?

1. Dollars per module
2. Learning bend
3. Bottom-up
4. CPM

Q4. All of the following are inputs to the Determine Budget process EXCEPT:

1. Activity cost estimates
2. Work breakdown structure
3. Project scope statement
4. Project performance reviews.

Q5. Which of the following methods is used to provide a standard to measure performance?

1. Benchmarking
2. Sampling
3. Estimating
4. Leveling

Q6. An organization wishes to ensure that the opportunity arising from a risk with positive impact is realized. This organization should:

1. Exploit the risk
2. Mitigate the risk
3. Accept the risk
4. Avoid the risk

Q7. Extensive use of _____ communication is MOST likely to aid in solving complex problems.

1. verbal
2. written
3. formal
4. non-verbal

Q8. Monitoring cost expended to date in order to detect variances from the plan occurs during:

1. The creation of the cost change control system.
2. Recommending corrective actions
3. Updating the cost baseline
4. Project performance reviews

Q9. The methods used to transfer information among project stakeholders may vary significantly. A project team may apply different techniques and communication technologies to ensure effective and efficient communications. Which of the following must not be a factor to consider while choosing a communication technology?

1. Urgency of the need for information
2. Cheapest available technology
3. Availability of technology
4. Ease of use of technology

Q10. A project has seven activities: A, B, C, D, E, F, and G. Activities A, B, and D can start anytime. Activity A takes 3 weeks, activity B takes 5 weeks, and Activity D takes 11 weeks. Activities A and B must be completed before Activity C can start. Activity C requires 6 weeks to complete. Activities B, C, and D must be completed before Activity E can start. Activity E requires 2 weeks. Activity F takes 4 weeks and can start as soon as activity C is completed. Activity E must be completed before activity G starts. Activity G requires 3 weeks. Activities F and G must be completed for the project to be completed. Which activities have float available?

1. Activity A has two weeks float, activity F has one week
2. Activity F has one week float
3. There is no float available in the project.
4. Activity A has eight weeks float