Project Management Question Bank
for Exam preparation

Q2. An estimating technique that uses a statistical relationship between historical data and other variables (such as square footage in construction or lines of code in software development) is known as:

1. Parametric Estimating
2. Analogous Estimating
3. Bottom-up Estimating
4. Historical Analysis

Q3. You took over a project from an individual who was fired. You are reading the project documentation and find that five managers signed the project charter. What should be your primary concern at this time?

1. Determining reporting structure
2. Communicating in a matrix organization
3. Getting a single sponsor
4. Identifying who can represent the project for change control

Q4. What is the decomposition process used to develop?

1. Work breakdown structure
2. Earned value
3. Project management plan
4. Communications management plan

Q5. 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

Q6. Anne is a project manager. She has evaluated certain responses from prospective sellers and wants to select a contract model that will transfer risk to the seller. Which of the following should she select in order to achieve this?

1. Time and Material contract
2. Cost-Plus-Fixed-Fee contract
3. Cost-Plus-Incentive-Fee contract
4. Fixed-price contract

Q7. The risks identified for the project must be analyzed to be able to rely on them during the rest of the risk management process. It would be MOST important to complete which of the following?

1. Trigger data analysis
2. Data quality assessment
3. A risk rating matrix
4. Analysis of trends in qualitative risk analysis.

Q8. During the project execution, a stakeholder comes to you and argues against a particular deliverable. You investigated it and found that this particular deliverable was based on his requirement. To prove this, what document will you show to him?

1. Scope statement
2. Requirement traceability matrix
3. Statement of work
4. Scope management plan

Q9. The new project is exciting to both the project manager and the team. This is the project manager’s first assignment as project manager. The team has the feeling that they will be able to complete work that has never been tried before. There are 29 people contributing to the product description and the team consists of nine highly experienced experts in their field. Part of the way through planning, three highly technical team members are disagreeing about the scope o f two of the deliverables. One is pointing to the draft WBS and saying that two additional work packages should be added. Another is saying that a particular work package should not even be done. The third team member agrees with both of them. How should the project manager BEST deal with the conflict?

1. He should listen to the differences of opinion, determine the best choice, and implement that choice.
2. He should postpone further discussions, meet with each individual, and determine the best approach.
3. He should listen to the differences of opinion, encourage logical discussions, and facilitate an agreement.
4. He should help the team focus on agreeable aspects of their opinions and build unity by using relaxation techniques and common focus team building.

Q10. What is a GERT chart?

1. A bar chart showing project activities and their schedule
2. A chart showing the upper and lower control limits
3. A chart showing the causes of issues
4. A chart showing loops between activities