Project Management Question Bank
for Exam preparation

Q2. While evaluating the bar chart, the project manager determines that the project is behind schedule. What should she do?

1. Obtain approval from the customer to slip the project.
2. Report findings to management
3. Evaluate the alternatives with the team
4. Evaluate the alternatives with the customer

Q3. You have been hired as a consultant for a project that is in trouble. You meet the project manager and ask several questions regarding the project budget, the project end date, etc. The project manager was not able to answer some of these questions properly, so you decided to verify them yourself. What document will you refer to in order to verify such facts?

1. Project management plan
2. Cost and schedule baselines
3. Project charter
4. Performance report

Q4. You are the project manager for Wicked Fast Cars Corp. You are working on a project for the Human Resources department that is scheduled to take one year. After three months into the project, you calculate the EV at $35,000 and the PV at $45,000. Which option below represents the value for the SV?

1. ($10,000)
2. 1.29
3. 0.78
4. $10,000

Q5. Ground rules are established to set clear expectations regarding acceptable behavior by the project team members. Whose responsibility is it to enforce ground rules?

1. The project manager
2. All project team members share the responsibility for enforcing the rules once they are established in the Team Charter
3. The HR team
4. The project manager and senior team members

Q6. A project manager for a small construction company has a project hat was budgeted for US $130,000 over a six-week period. According to her schedule, the project should have cost US $60,000 to date. However, it has cost US 90,000 to date. The project is also behind schedule, because the original estimates were not accurate. Who has the PRIMARY responsibility to solve this problem?

1. Project manager
2. Senior management
3. Project sponsor
4. Manager of the project management office

Q7. A project manager analyzed a US $200,000 project that involves 30 team members and has three customers. Why is there a need for an analysis of secondary risks on this project?

1. It provides a vehicle for efficient stakeholder involvement.
2. It provides a way to effectively decrease the amount of contracting on the project.
3. It helps create a prioritized list of risks.
4. It helps determine which new risks have been created as a result of the risk response strategies chosen.

Q8. Julia is managing a software development project. Recently, an unexpected event delayed the project by 15 days. Julia has called a team meeting to identify measures to take to bring the project back on schedule. A measure that is taken to bring future results back in line with the project plan is best described as?

1. Change request
2. Preventive action
3. Corrective action
4. Defect repair

Q9. In which of the following contract types does the buyer have the most cost risk?

1. Fixed price incentive fee (FPIF)
2. Time and material (T&M)
3. Cost plus award fee (CPAF)
4. Cost plus percentage of costs (CPPC)

Q10. Work Performance Data is an important input to the Control Procurements process. Which of the following is not a component of Work Performance Data?

1. Data regarding supplier’s conformance to quality standards
2. Data on completed deliverables
3. Data regarding incurred or committed costs on each supplier contract
4. Data on supplier invoices and respective payments