Project Management Question Bank
for Exam preparation

Q2. You have a contract to build a manufacturing plant in Kuala Lumpur. However, you are not familiar with the building codes in Kuala Lumpur or Malaysia, so you are reviewing all their building codes prior to “turning a shovelful of earth.” This is an example of:

1. Project initiation
2. Quality assurance
3. Quality planning
4. Quality control

Q3. If a process has a lack of consistency and predictability it is said to be:

1. In control
2. Quality assured
3. Out of control
4. Assigned a cause

Q4. A project team budgeted US $3,000 for the work performed and has spent US $4,000, to date. If they budgeted US $5,000 for the work scheduled, what is the cost variance (CV)?

1. ($1,000)
2. $2,000
3. $1,000
4. ($2,000)

Q5. What is the BEST method of estimating the time for an activity that has never been done by your company before?

1. Analogous estimating
2. Three-point estimating
3. Monte Carlo analysis
4. Parametric estimating 60

Q6. What is the LAST thing that occurs in the Close Project process?

1. Formal acceptance is received
2. Lessons learned are created
3. Financial closure is achieved
4. Resources are released

Q7. Although it is highly recommended that lessons learned are captured and documented throughout the project lifecycle, lessons learned are finalized during project closure. At this stage, responses to high-level questions may be gathered and documented. Which of the following is not an appropriate question to ask at this stage?

1. What were the top significant project successes?
2. How relevant the historic lessons learned were to this project during execution?
3. What obstacles or unanticipated circumstances made it difficult to complete the project?
4. What should have been done differently in this project?

Q8. Which of the following processes produces a Risk Register?

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

Q9. This project is chartered to determine new ways to extend the product life of one of the company’s medium-producing products. The project manager comes from the engineering department and the team comes from product management and marketing departments. The project scope statement and project planning are completed when a stakeholder notifies the team that there is a better way to complete one of the work packages. They even supply a technical review letter from their department proving that the new way to complete the work package will actually be faster than the old way. The project manager has had similar experiences with this department on other projects, and was expecting this to happen on this project. What is the FIRST thing the project manager should do?

1. Contact the department and complain again about their missing the deadline for submission of scope.
2. Look for how this schedule change will impact the cost to complete the work package and the quality of the product of the work package.
3. See if there is a way to change from a matrix environment to a functional organization so as to eliminate all the interference from other departments.
4. Ask the department if they have no other changes.

Q10. Daniel is the project manager for a factory construction project. Daniel has recently joined this organization and is not fully aware of the organization‘s culture and structure. In order to manage his project stakeholders, Daniel has to understand them better. Which of the following can provide Daniel some historical information regarding stakeholder engagement on previous projects?

1. Project management plan
2. Enterprise environmental factors
3. Organizational process assets
4. Project charter