Project Management Question Bank
for Exam preparation

Project Management- Q2. You have been assigned as a project manager for a project which was terminated a few years earlier due to some government regulations. Now you reviewing this document to start again. This document is an example of:

1. Enterprise environment factor
2. Organizational process assets
3. Stakeholder analysis
4. Control scope

Project Management- Q3. Which of the following statements is not accurate about the initial phase of a project?

1. The highest uncertainty is at this stage of the project.
2. The cost associated at the beginning of the project is highest.
3. Stakeholders have maximum influence during this phase.
4. Staffing levels are the lowest at this stage.

Project Management- Q4. The role of each stakeholder is determined by:

1. The stakeholder and the sponsor
2. The project manager and the sponsor
3. The team and the project manager
4. The project manager and the stakeholder.

Project Management- Q5. You have a signed project charter, and are in the process of creating a project scope statement. You have asked the team for input to ensure that the project scope statement is complete. However, the team is struggling with defining the scope. Which of the following BEST describes the problem?

1. A WBS was not completed before scope statement was begun.
2. The team is working on the project scope statement without the benefit of organizational process assets.
3. The team is in the Define Scope process and needs the project scope statement as an input
4. The project objectives were not identified before scope statement was begun.

Project Management- Q6. What is the duration of the near-critical path based on the chart?

1. 33
2. 44
3. 31
4. 43

Project Management- Q7. In the earned value management technique, the cost performance baseline is:

1. Cost Measurement Baseline (CMB)
2. Performance Measurement Baseline (PMB)
3. Performance Base Value (PBV)
4. Actual Baseline (AB)

Project Management- Q8. Management wants to be sure that the project is following defined quality standards. Which of the following should they look at?

1. Risk management plan
2. WBS
3. Statement of work
4. Quality audit

Project Management- Q9. All of the following are relevant for analyzing a cost overrun, EXCEPT:

1. Labor rates
2. Resources used
3. Communications management plan
4. Lag

Project Management- Q10. What is the difference between management reserves and contingency reserves?

1. Contingency reserves address known knowns, whereas management reserves address known unknowns.
2. Contingency and management reserves both address known unknowns and could be considered the same.
3. Contingency reserves address known unknowns whereas management reserves address unknown unknowns.
4. Contingency reserves are managed by senior management whereas management reserves are managed by the project manager.