Project Management Question Bank
for Exam preparation

Q2. In the course of completing work on the project, the project manager needs to complete an activity that she has never done before. During this time, the project manager attends a professional association discussion where the presenter discusses how he completed a difficulty activity on his project that is similar to the project manager’s activity. He provides a handout describing his process. The project manager should:

1. Use the process to complete the activity
2. Ask the speaker for permission to use the information
3. Ignore the information
4. Ask her manager for guidance.

Q3. Senior management asks the project manager how the project would be affected if two resources were removed from the project. To calculate a response, the project manager should complete:

1. Resource leveling
2. What-if scenario analysis
3. Schedule compression
4. Fast tracking

Q4. A contractor is currently constructing a new building for your organization on a cost-plus-incentive contract. You just received the project status report from the contractor’s project manager. According to the report, the project’s CPI is 1.5. You are shocked because you believe the project costs are out of control. Upon investigation, you learn the $1 million advance payment (20 percent of the estimated project cost) given to the contractor at the start of the project was included in the project’s earned value. Further, the cost of the inventory at the project site was excluded from the total actual costs. According to the contract, your company reimburses only the costs for the completed deliverables and not for the supplies in the project’s inventory. In this scenario, the reported project’s CPI is incorrect because:

1. Actual cost is understated.
2. Earned value is overstated, and actual cost is understated.
3. Earned value is overstated.
4. Both the earned value and the actual cost are overstated.

Q5. Which of the following is not an input to the Conduct Procurements process?

1. Proposal evaluation techniques
2. Seller proposals
3. Cost baseline
4. Procurement management plan

Q6. A project has had some problems, but now seems under control. In the last few months almost all the reserve has been used up and most of the negative impacts of events that had been predicted have occurred. There are only four activities left and two of them are on critical plan. Management now inform the project manager that it would be in the performing organization’s best interest to finish the project two weeks earlier than scheduled in order to receive an additional profit. In response, the project manager send out a request for proposal for some work that the team was going to do, in the hopes that another company might be able to do the work faster. The project manager can BEST be said to be attempting to work with:

1. Reserve.
2. Opportunities.
3. Scope verification.
4. Threats.

Q7. The MOST common causes of conflict on a project are schedules, project priorities, and:

1. Personality
2. Resources
3. Cost
4. Management.

Q8. If a risk has a 20 percent chance of happening in a given month, and the project is expected to last five months, what is the probability that this risk event will occur during the fourth month on the project?

1. Less than 1 percent
2. 20 percent
3. 60 percent
4. 80 percent.

Q9. You are managing a project with a large multinational staff. Susan, one of the engineers, was originally asked to deliver her part of the work on October 19. Due to a change in the critical path, her deliverable will be needed two days sooner. However, as the new deadline is still two weeks away and she is ahead of schedule, you are confident her delivery will be on time. During a staff meeting, you learn from John, her functional manager, that Susan celebrates a religious holiday on October 17. However, he also tells you that Susan is not particularly religious; if pushed a bit and offered some incentive, she may forego celebrating this holiday and come to work. What should you do?

1. Check whether one of her colleagues can share some of her workload this week
2. Increase her project incentive if she agrees to deliver her presentation on the 17th
3. Let the critical path remain the same
4. Ask her boss to ask her to skip the holiday

Q10. A project manager needs to analyze the project costs to find ways to decrease costs. IT would be BEST if the project manager looks at:

1. Variable costs and fixed costs
2. Fixed costs and indirect costs.
3. Direct costs and variable costs
4. Indirect costs and direct costs