Project Management Question Bank
for Exam preparation

Q2. Which of the following would be the BEST project to select?

1. A project that will take six years to complete and has an NPV of $45,000
2. A project that will take three years to complete and has an NPV of $85,000
3. A project that will take eight years to complete and has an NPV of $30,000
4. A project that will take 10 years to complete and has an NPV of $60,000

Q3. Which of the following processes is not a part of the Project Scope Management?

1. Create WBS
2. Control Quality
3. Control Scope
4. Collect Requirements

Q4. You are building a dam for a state government. Your organization is considered a specialist in dam design and overall management of construction activities. However, your organization lacks resources to execute the earth-works involved. You have subcontracted all the project’s earth-works to a local subcontractor. The quality of the subcontractor’s work is acceptable, but the subcontractor is not conforming to your organization’s health and safety standards. You escalated this to the subcontractor’s project manager, but he turned down your request. The subcontractor’s project manager is of the view that the request is out of the contract’s scope and none of the contract provisions require him to conform to your organization’s standards. You are agitated since you believe health and safety standards are globally accepted, and the contract does not have to explicitly state them. Further, according to the state law, you cannot terminate the contract since the subcontractor has not vio

1. Go for judicial arbitration as stated in the contact’s ADR provisions
2. Terminate the contract immediately since you will not compromise health and safety standards
3. Withhold the subcontractor’s payments to force compliance
4. Negotiate a contact amendment with the subcontractor requiring compliance to the standards

Q5. As per the PMBOK Guide, which of the following is not a communication method that you use to share information among project stakeholders?

1. Online communication
2. Interactive communication
3. Push communication
4. Pull communication

Q6. Perform Qualitative Risk Analysis is a quick way to prioritize how a project team will respond to risks. It is based on risk _________________ and _________________.

1. Probability, exposure
2. Probability, impact
3. Probability, focus
4. Exposure, cost

Q7. Using the chart, the resource for activity A is assigned to an additional, more important, project. As a result, the resource will not be able to devote as much time to your project. Activity A will now take 10 weeks. How does this affect the project?

1. There are three critical paths.
2. The project will be delayed
3. The project is riskier
4. Activity D will be delayed

Q8. You are working on a waste management project that, upon completion, will be turned over to the local municipality for steady-state operation. Parking of trucks and other vehicles has become a serious problem because no parking area was allotted to you on the main dumping site. As a result, your trucks are parked on nearby roadsides. One of the fleet supervisors informs you that close to the main site, there is a large tract of land a local charity owns. Many locals park their cars on this tract of land. What should you do?

1. Since the piece of land is already used as parking, you can park your trucks over there.
2. Don’t park the trucks on that piece of land because it will be a violation of other’s property rights.
3. Check the local parking laws.
4. Ask the supervisor to get contact information of the local charity.

Q9. Projects, portfolios, and programs are different entities in an organization. Which of the following choices states a correct relationship between them?

1. A portfolio consists of a collection of projects or programs that are grouped together to achieve strategic business objectives. The projects or programs need not be directly related.
2. A project is a collection of programs and portfolios that are grouped together to achieve the project objectives.
3. A program consists of a collection of projects or portfolios that are grouped together to achieve strategic business objectives.
4. A program is a collection of projects that are grouped together for convenience. It may include unrelated work if the work is under the same business division.

Q10. When is it BEST to perform the Close Project or Phase process?

1. At the beginning of the project with verification throughout the project.
2. At the end of project planning
3. During project closure
4. At the end of each project phase