Project Management Question Bank
for Exam preparation

Project Management- Q2. You have finished the Plan Risk Responses process and are left with residual risks. What should you do with them?

1. Document them in the risk register and revisit them during project executing
2. Deal with them as they arise during project executing
3. Include them as part of the contingency plans
4. Perform a sensitivity analysis on them.

Project Management- Q3. Your project is running late and you are over budget. You review the situation and find that it would be difficult for you to complete the project with the given budget. You inform management and they ask you to come up with a new budget. After estimating the new cost, you inform management that you may need 10,000 USD more to complete the project. This is an example of:

1. Forecast analysis
2. Status report
3. Change request
4. Progress report

Project Management- Q4. A Work Breakdown Structure (WBS) dictionary supports the WBS and is a companion document to the WBS. Which of the following is not included in the WBS dictionary?

1. List of schedule milestones
2. Resource assigned
3. Agreement Information
4. Code of Account Identifier

Project Management- Q5. How can a project manager ensure continued active support of the project supporters and at the same time minimize negative impacts from the negative stakeholders?

1. By ensuring that stakeholders clearly understand the communication management plan
2. By ensuring that stakeholders clearly understand the stakeholder management strategy
3. By ensuring that stakeholders are kept disengaged throughout the project lifecycle
4. By ensuring that stakeholders clearly understand project goals, objectives, benefits, and risks

Project Management- Q6. A WBS is BEST described as a tool for tracking:

1. The schedule.
2. Resources
3. Cost
4. Scope

Project Management- Q7. What is a common result of poor project planning?

1. Wasted effort
2. Lost time
3. Increased cost
4. All of the above

Project Management- Q8. All the following activities are performed in the Close Project or Phase process except:

1. Activities that fulfill the exit criteria of the project
2. Sending the deliverables to the customer for acceptance
3. Activities that are needed to transfer the completed products to operations
4. Documenting the reasons for terminating the projects early

Project Management- Q9. The output of the Validate Scope process is accepted deliverables that are formally signed off by the stakeholders. The stakeholders, on some projects, can get involved with the project as early as:

1. During the project initiation
2. During the project planning
3. During the project execution
4. During the project monitoring & controlling

Project Management- Q10. In your weekly status reports, you report the earned value for the project. This information is essential for you and the stakeholders to gauge the progress of the project. What process group is the cost and schedule control part of?

1. Closing
2. Planning
3. Executing
4. Monitoring and Controlling