Project Management Question Bank
for Exam preparation

Q2. You were asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the project budget EXCEPT:

1. Fixed costs.
2. Sunk costs.
3. Direct costs.
4. Variable costs.

Q3. A trend report was given to the project manager, who reacted to the report by investigating what activity or activities had not been done, but should have been done, to date. What did the report show?

1. Actual cost was below planned and schedule progress was less than planned
2. The cost performance index (CPI) was 0.8 and the schedule performance index (SPI) was 1.2.
3. The budget at completion (BAC) was higher than planned
4. The schedule performance index (SPI) was 1.3 and the estimate at completion (EAC) was greater than planned.

Q4. An estimating technique that uses a statistical relationship between historical data and other variables (such as square footage in construction or lines of code in software development) is known as:

1. Parametric Estimating
2. Analogous Estimating
3. Bottom-up Estimating
4. Historical Analysis

Q5. Which of the following is not an activity related to the Direct and Manage Project Work process?

1. Inspecting the project deliverables for completeness
2. Implementing approved changes
3. Creating project deliverables to meet the planned project work
4. Performing activities to accomplish project objectives

Q6. In an activity-on-node diagram, the nodes represent:

1. Work packages
2. Activities
3. Dependencies
4. Discretionaries 40

Q7. As the project manager, you are about to start the define scope process. You have the project charter and the organizational process assets list. Because there are no change requests in your project at this point, what must you have before you begin?

1. Product analysis
2. Requirements documentation
3. Updates to project documents
4. WBS

Q8. You are new to project management, but you have been managing a small project successfully. Now, management has given you another project to manage, something you are excited about. However, the new project is growing exponentially every day. You have also learned that a project manager you work with managed a similar project last year. What should you do?

1. Wait to see if the scope of the project continues to grow
2. Get the project assigned to the PM who managed the similar project
3. Obtain historical records and get guidance from the project manager
4. Speak to the other project manager to develop your project plans

Q9. Gordon is currently developing his project‘s stakeholder engagement strategy. All enterprise environmental factors should be considered during this process. Which of the following enterprise environmental factors should receive particular attention during this process?

1. Project templates
2. Lessons learned from past similar projects
3. Commercial databases
4. The organization‘s culture and political climate

Q10. A project has just begun when one of the stakeholders asks the project manager about making a change to the format of the deliverable for activity Y. She wants to know how to go about submitting the change for review. The project manager should direct her to:

1. The change control board
2. The communications management plan.
3. The sponsor
4. The change control system