Project Management Question Bank
for Exam preparation

Q2. Which of the following tools can enhance the visibility of traditional written project plans and other documents to provide a real-time overview of the project status?

1. Visual management tools
2. Expert judgement
3. Product backlog
4. Change control system

Q3. You are tracking your project using earned value management (EVM), and find you are behind schedule but under budget. Your variances show schedule variance (SV) = US $50 million, cost variance (CV) =$100 million, and your actual costs are US $500 million. What are the CPI, PV, and SPI?

1. 1.20, $100 million, 0.92
2. 0.92, $550 million, 1.20
3. 0.92, $650 million, 1.08
4. 1.20, $650 million, 0.92

Q4. The Identify Risks process involves determining which risks may impact a project. It is considered an iterative process. What is the frequency of the iteration?

1. Every month
2. Every two weeks
3. The frequency of iteration will vary based on the situation
4. Every week

Q5. You are a non-technical project manager. Two highly skilled and knowledgeable resources on your project are in conflict over the best technical solution to meet a project requirement. However, this is not affecting the project schedule. Who is initially responsible for the conflict resolution?

1. The project sponsor is initially responsible for the conflict resolution.
2. The project manager is initially responsible for the conflict resolution.
3. Both team members are initially responsible for the conflict resolution.
4. Either of the team members is responsible for the conflict resolution.

Q6. Variance Analysis is an important tool used in the Control Costs process. Which of the following statements regarding variances is correct?

1. The percentage range of acceptable variances will tend to increase as more work is accomplished.
2. The percentage range of acceptable variances will tend to decrease as more work is accomplished.
3. The percentage range of acceptable variances is high at the start of a project, tends to decrease in the middle of a project, and then tends to increase as the project nears completion.
4. The percentage range of acceptable variances is a constant all through the project.

Q7. You have just received an invoice from your supplier that contains some uncertified items. Payments to the supplier are processed through your corporate accounts payable system only after certification of satisfactory work by the project quality control specialist. What should you do?

1. Process the supplier’s invoice since this is your liability
2. Call the supplier and obtain more information
3. Ask the supplier to stop all deliveries until the matter has a resolution
4. Seek judicial arbitration

Q8. Your assistant project manager does the monthly earned value management (EVM) analysis, but falls ill before completing it. She has provided you with the following information: cost performance index (CPI) = 1.10, actual cost (AC) = US $800 million, planned value (PV) = US $890 million. How is the project going?

1. The schedule is behind by 10 days.
2. Both the schedule and the budget are better than planned
3. There is enough money to support an offsite team outing
4. You have no real concerns about either schedule or budget.

Q9. Jim is managing a road network design project for a government agency. He is currently performing the Plan Stakeholder Engagement process for the project. Which of the following documents will provide the list of project stakeholders to Jim for this process?

1. Organizational process assets
2. Enterprise environmental factors
3. Stakeholder register
4. Project management plan

Q10. What percentage o the total distribution is 3 sigma from the mean equal to?

1. 68.26 percent
2. 99.99 percent
3. 95.46 percent
4. 99.73 percent