Project Management Question Bank
for Exam preparation

Project Management- Q2. Which of the following does NOT assess the value a project brings to an organization?

1. Benefit cost analysis
2. Net present value
3. Value analysis
4. Needs assessment

Project Management- Q3. You are in the middle of project executing and find that you are running out of money due to unanticipated changes. What is the BEST thing to do?

1. Crash or fast track the project
2. Ask for a change to the project budget
3. Use resources that do not change against the project
4. Re-evaluate the risk analysis and contingency funding

Project Management- Q4. PMBOK recognizes five process groups typical of nearly all projects. Which of the following is not one of them?

1. Executing
2. Monitoring and Controlling
3. Planning
4. Pre-Inception

Project Management- Q5. 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

Project Management- Q6. What is the BEST technique to ensure the project work is really complete?

1. Final performance reporting
2. Procurement audits
3. Archive records
4. Formal acceptance

Project Management- Q7. Based on the chart, what is the duration of a critical path?

1. 30
2. 23
3. 49
4. 46

Project Management- Q8. A storm has damaged the manufacturing facility that is under construction as part of your project. You have just discovered that although the project risk management plan mandated that the facility have insurance against damage and loss, this policy was never acquired, and the project budget must cover the losses. Who is at fault?

1. The risk manager
2. The project manager
3. The facilities manager
4. The construction crew

Project Management- Q9. A project manager first creates an assumption log during the Develop Project Charter process and records all project assumptions and constraints. During which of the following processes is the assumptions log updated and/or new assumptions and constraints added during the project execution?

1. Monitor and Control Project Work
2. Close Project or Phase
3. Direct and Manage Project Work
4. Collect Requirements

Project Management- Q10. Which of the following are GENERALLY illustrated BETTER by bar charts than network diagrams?

1. Logical relationships
2. Critical paths
3. Resource trade-offs
4. Progress or status.