Project Management Question Bank
for Exam preparation

Q2. Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do?

1. Do nothing.
2. Offer to review all your manager's combined status reports before he presents them.
3. Notify the appropriate management immediately.
4. Ask your manager if that information was simply a typographical error.

Q3. All of the following are parts of the scope baseline EXCEPT the:

1. Scope management plan
2. Project scope statement
3. Work breakdown structure
4. WBS dictionary

Q4. Based on the chart, how is the project doing?

1. You are in the trouble because there are three activities with no float
2. You have a lot of flexibility because you have activities with float
3. You do not have enough information to make a decision
4. Everything is fine because you have an even number of activities with and without float.

Q5. The budget of your project is 350,000 USD and you have spent 200,000 USD. However, upon analyzing the project’s performance you find that you are over budget and may need 200,000 USD to complete the remaining work. This 200,000 USD is known as:

1. BAC
2. ETC
3. TCPI
4. EAC

Q6. A project manager decides to bring expected future schedule performance in line with the project management plan. What is this a definition of?

1. Corrective action
2. Lessons learned
3. Scope verification
4. Scope planning Activity Float (months) Start B 2 C 1 D 0 E 3 F 1 G 0 H 4 I 0 End 78

Q7. The client asks you for some minor changes to the project and you discuss this matter with your team members. One of your team members told you that he thinks that it will not affect any other project objective. What will you do now?

1. Review the request according to integrated change control process
2. Since the team member thinks it will not affect any project objective, implement it
3. Ignore it
4. None of the above

Q8. If earned value (EV) is US $300,000, actual cost (AC) is US $350,000, and planned value (PV) is US $375,000, what does the schedule performance index (SPI) indicate?

1. You are only progressing at 86 percent of the rate originally planned.
2. You are progressing at 125 percent of the rate originally planned.
3. You are progressing at 116 percent of the rate originally planned.
4. You are only progressing at 80 percent of the rate originally planned.

Q9. A project is 50 percent complete when a schedule constraint is identified. Which of the following should be done FIRST?

1. Revisit all activities that have not yet started
2. Use a simulation technique such as Monte Carlo analysis, to calculate a distribution of probable results of the total project.
3. Rebaseline the project management plan to determine impacts on schedule, cost, and scope.
4. Level resources on the remaining activities to determine resource variances.

Q10. A project manager’s project has just been dropped to a lower priority on the list on his department’s prioritize projects. It would be BEST for the project manager to:

1. Let the customer know that the project schedule will need to slip.
2. Use some of the management reserve to accommodate the change.
3. Start cutting wok packages.
4. Gain more resources.