Project Management Question Bank
for Exam preparation

Q2. You have signed a contract with a contractor which states that you will pay for the entire contractor’s legitimate costs, plus a fee based on the subjective evaluation of his performance; this will not be subject to an appeal. What kind of contract is this?

1. CPIF
2. CPFF
3. FPIF
4. CPAF

Q3. A project manager gets a report from the risk response owner that a risk did not occur. The project manager should then:

1. Update the risk response plan in the risk register.
2. Update the network diagram.
3. Decrease some project reserves.
4. Change all future risk response strategies.

Q4. Bottom-up Cost estimating is typically motivated by the size and complexity of:

1. The project management software
2. The statistical relationship between historical data and other variables
3. The project budget
4. The individual schedule activity or work package

Q5. At the beginning of the project, a project manager realized that the technical expertise of the team was limited, a risk to the project. Midway through the project, the project manager decided this was no longer a risk and considered it outdated. As part of which process would he do the risk reassessment?

1. Perform Qualitative Risk Analysis
2. Perform Quantitative Risk Analysis
3. Identify Risks
4. Monitor Risks

Q6. Design of experiments:

1. Identifies which variables have the most influence on a quality outcome
2. Identifies which variables have the least influence on a quality outcome
3. Determines what a quality outcome is
4. Determines the methods to be used for research and development.

Q7. During which of the following project processes do key stakeholders engage with the project for the first time?

1. Develop Project Charter
2. Identify Stakeholders
3. Collect Requirements
4. Plan Stakeholder Engagement

Q8. You are a project manager for a major information systems project. Someone from the quality department comes to see you about beginning a quality audit of your project. The team, already under pressure to complete the project as soon as possible, objects to the audit. You should explain to the team that the purpose of a quality audit is:

1. Part of an ISO 9000 investigation
2. To check if the customer is following the quality process
3. To identify inefficient and ineffective policies.
4. To check the accuracy of costs submitted by the team.

Q9. Which of the following graphical techniques visually depict the product scope by showing a business system and how other systems interact with it?

1. Ishikawa diagram
2. Histogram
3. Influence diagram
4. Context diagram

Q10. Product verification is different than scope verification in that product verification:

1. Occurs during the executing process group
2. Verifies that the correct products have been used
3. Obtains customer sign-off
4. Makes sure all work is completed satisfactorily.