Project Management Question Bank
for Exam preparation

Q2. You are a project manager on a US $5,000,000 software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development journal. Which of the following BEST describes what this type of input is called?

1. Mandatory dependency
2. Discretionary dependency
3. External dependency
4. Heuristic 33

Q3. A project manager is estimating the project duration and finds that the only information available to him is a previous project that was quite different from the current one. However, some portions of the previous project were similar to the current one. Which of the following tools is the project manager likely to use to compare current project's activity durations with the similar previous activities?

1. Analogous estimating
2. Program Evaluation and Review Technique (PERT)
3. Three-point estimates
4. Parametric estimating

Q4. In attempting to complete the project faster, the project manager looks at the cost associated with crashing each activity. The BEST approach to crashing would also include looking at the:

1. Risk impact of crashing each activity
2. Customer’s opinion of which activities to crash
3. Boss’s opinion of which activities to crash and in what order.
4. Project life cycle phase in which the activity is due to occur

Q5. If a data point falls outside the upper control limit of a control chart the process is said to be:

1. Assigned a cause
2. Out of control
3. In control
4. Gold plated.

Q6. If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do?

1. Perform a Monte Carlo analysis
2. Fast track the project
3. Perform resource leveling
4. Analyze the life cycle costs

Q7. Which factor would NOT be considered when choosing between two projects to undertake?

1. Net present value (NPV)
2. Benefit cost ratio (BCR)
3. Payback period
4. Law of diminishing returns

Q8. Lucy has recently been assigned as the project manager for a new shopping mall construction project. Since the project will span well over five years, Lucy is a bit hesitant to use the current market rates for estimating construction materials cost. The prices have been steadily increasing and the current market rates might not remain valid in the future. Which of the following techniques can Lucy apply to determine her project budget?

1. Conduct a trend analysis on the cost of materials and use that to extrapolate the cost of materials in the future.
2. Determine the cost of the project using current market rates and increase the total budget by some factor.
3. Compute the Net Present Value of the cost of materials and use that to determine the project budget.
4. Use Rolling Wave Planning to determine the budget as the project progresses.

Q9. A project manager is in a meeting with the customer when the customer starts to yell about the fact that a change she requested will result in a delay to the project schedule. Interestingly, yelling is not a common practice in the client’s culture. The project manager starts to explain why the change affected the schedule when the project manager’s boss stops the meeting and carefully removes the project manager from the room. Which of the follow would BEST describe what is going on?

1. There was an inadequate change control system.
2. The project manager did not inform the boss before the meeting.
3. The project manager did not properly interpret the customer’s communication.
4. There was an inadequate agenda for the meeting.

Q10. Robert is managing a road construction project. Due to unseasonal weather conditions, the team productivity might be above or below target. This is an example of:

1. Ambiguity risk
2. Variability risk
3. Mitigated risk
4. Opportunity risk