Project Management Question Bank
for Exam preparation

Q2. What is a project management information system?

1. A computerized status tracking system
2. A manual status tracking system
3. A method to determine and archive how the project is doing
4. A method to gather, integrate and disseminate what or how the project is doing

Q3. If a project manager is using observation and conversation to help control the project, she must be involved in which process?

1. Develop Project team
2. Distribute information
3. Manage Stakeholder Expectations
4. Manage Project team.

Q4. During project executing, a major problem occurs that was not included in the risk register. What should you do FIRST?

1. Create a workaround
2. Re-evaluate the Identify Risks process
3. Look for any unexpected effects of the problem.
4. Tell management

Q5. The project is mostly complete. The project has a schedule variance of 300 and a cost variance of -900. All but one of the quality control inspections have been completed and all have met the quality requirements. All items in the issue log have been resolved. Many of the resources have been released. The sponsor is about to call a meeting to obtain product verification when the customer notifies the project manager that they want to make a major change to the scope. The project manager should:

1. Meet with the project team to determine if this change can be made.
2. Ask the customer for a description of the change
3. Explain that the change cannot be made at this point in the process
4. Inform management

Q6. You are the project manager for a $3,000,000 product development project. Your project is well into the executing process group and remains on time, on budget and no specification. This morning your project sponsor called to express concern about he project. Based on the schedule baseline, the project should be nearing implementation, but the sponsor does not know the current status of the project. You remind the sponsor that your team produces a detailed status report weekly and distributes it via e-mail. The sponsor indicates that e-mail is too impersonal and verbal updates are preferred. This situation suggests problems with which of the follow project management processes?

1. Plan Communications
2. Distribute Information
3. Report Performance
4. Stakeholders Management

Q7. Megawatt is estimating the expected cost of a new ERP system deployment project using the actual costs of an earlier similar ERP system deployment project as the basis for the cost. This is what type of estimating?

1. Analogous
2. Bottom-up
3. Expert Judgment
4. Parametric

Q8. Early in the life of your project, you are having a discussion with the sponsor about what estimating techniques should be used. You want a form of expert judgment, but the sponsor argues for analogous estimating. It would be BEST to:

1. Agree to analogous estimating as it is a form of expert judgment
2. Suggest life cycle costing as a compromise
3. Determine why the sponsor wants such an accurate estimate.
4. Try to convince the sponsor to allow expert judgment because it is typically more accurate.

Q9. Which of the following estimating techniques will cost less but is also typically less accurate?

1. Parametric Estimating
2. Analogous Estimating
3. Resource Cost-based Estimating
4. Bottom-up Estimating

Q10. A single point of failure (SPOF) is the part of a system that, upon failure, stops the entire system from working or makes the system useless. Which of the following events can render a knowledge management system ineffective?

1. If project team is not motivated.
2. Project team is geographically distributed.
3. When project knowledge cannot be classified as explicit or tacit.
4. Knowledge is shared using a mixture of knowledge management tools and techniques.