Project Management Question Bank
for Exam preparation

Q2. The project team has created a plan for how they will implement the quality policy. It addresses the organizational structure, responsibilities, procedures, and other information about plans for quality. If this changes during the project, WHICH of the following plans will also change?

1. Quality assurance.
2. Quality management
3. Project management
4. Quality control.

Q3. Which of the following is Deming's method for continuous improvement?

1. Plan-Act-Check-Do
2. Plan-Do-Check-Act
3. Check-Plan-Do-Act
4. Plan-Check-Do-Act

Q4. There are a number of risks that have been identified in your project. The team has decided not to change the project plan to deal with the risks, but they have established a contingency reserve of money in the event something triggers these risks. This is an example of what type of risk mitigation technique?

1. Contingent Response Strategy
2. Active acceptance
3. Passive acceptance
4. Avoidance

Q5. During the planning phase of your project, your team decided to procure a certain brand of hardware because it had the lowest price and came with free shipping and installation. This approach saved $6,000 over the other brands. Since that purchase, however, you discovered the annual maintenance costs for this hardware are $2,500 per year, and $12,500 over the life of the hardware. These costs were not budgeted in the project, nor were they included in the Total Cost of Ownership (TCO) analysis that was part of the project business case. What should you do?

1. Request a new budget
2. Notify the stakeholders immediately
3. Revise the business case
4. Do nothing. This will not affect the project budget

Q6. You are given a new project to manage and a brief project scope statement. The project sponsor tells you that there is no required completion date for the project. The BEST thing to do is to:

1. Ask for better definition of the project scope before accepting the project.
2. Accomplish the project as time allows
3. Plan the project as you would a normal project, but build in schedule flexibility
4. Make a list of activities that need to be done.

Q7. The main focus of life cycle costing is to:

1. Estimate installation costs.
2. Estimate the cost of operations and maintenance.
3. Consider installation costs when planning the project costs.
4. Consider operations and maintenance in the making project decisions.

Q8. A watch list is an output of which risk management process?

1. Plan Risk Responses
2. Perform Quantitative Risk Analysis
3. Perform Qualitative Risk Analysis
4. Plan Risk Responses.

Q9. During the identification of risks on your project, you have determined that there is a very high probability of conflict among the team during project executing over one aspect of the final design of the project. Which of the following is an example of mitigating the impact of the risk to the project?

1. Obtain an insurance policy for the anticipated cost of the impact.
2. Outsource that part of the project to another company
3. Provide the team with training on conflict resolution techniques
4. Eliminate that part of the project.

Q10. You are a project manager working on a project to create high-efficiency electric motors for a company introducing a new electric golf cart. Your company’s president is keenly interested in the project and requests a chart that shows the number of defects by type ordered by their frequency of occurrence. Which type of chart would BEST meet this request?

1. Histogram
2. Control chart
3. Statistical sampling
4. Scatter diagram