Project Management Question Bank
for Exam preparation

Project Management- Q2. The project statement of work is a narrative description of products, services, or results to be delivered by a project. The procurement statement of work includes:

1. Project scope statement
2. WBS dictionary
3. WBS
4. None of the above

Project Management- Q3. “Do the work because I have been put in charge!” is an example of what type of power?

1. Formal
2. Penalty
3. Effective
4. Expert.

Project Management- Q4. You are in the process of dividing work into smaller components so you can get a structured vision of what has to be delivered. What process is this?

1. Create WBS
2. Create RBS
3. Rolling wave planning
4. Progressive elaboration

Project Management- Q5. Over the last few weeks, the team has made three changes to the activities on the project. The project manager must be MOST careful to:

1. Record all the changes
2. Provide documentation on all the changes to the sponsor
3. Make sure the changes are reflected in the project scope baseline
4. Prevent more changes from occurring

Project Management- Q6. What does a Cost Performance Index (CPI) of more than 1.0 indicate?

1. The project is over budget.
2. The project is right on budget.
3. The project is under budget.
4. The project is ahead of schedule.

Project Management- Q7. A project manager is working on his first project with outside sellers. He is familiar with project change control systems but not contract change control systems. In explaining how a contract change control system differs from a project change control system, it is BEST to point out that a contract change control system:

1. Includes procedures
2. Includes trend analysis
3. Requires more sign-offs
4. Requires less documentation.

Project Management- Q8. Adaptive project lifecycles, in comparison with predictive project lifecycles, are developed with the intent of:

1. Eliminating cost of changes throughout the project’s lifecycle
2. Providing agility in responding to change
3. Maximizing cost of changes throughout the project’s lifecycle
4. Minimizing cost of changes throughout the project’s lifecycle

Project Management- Q9. Your project is nearing completion, but a previously unidentified risk has arisen, and it could significantly affect one of the project deliverables. What do you do?

1. Transfer the risk
2. Develop a risk mitigation plan
3. Include the issue in the project risk log
4. Notify the project stakeholders immediately

Project Management- Q10. A risk with a positive outcome is an ___________.

1. Unlikely risk
2. Objective risk
3. Opportunity
4. Obsolete risk