Project Management Question Bank
for Exam preparation

Q2. Another project manager has a family emergency and must leave. He has asked you to fill in for him during a team meeting to discuss a minor problem with the project. He has already distributed a detailed agenda and provided with a copy. When you attend the meeting, several members of the team are making fun of the absent project manager’s ethnic heritage. Your company does not have a formal diversity policy covering such behavior. What should you do?

1. Because your company does not have a written diversity policy, there is nothing you can do.
2. Report the incident to the other project manager
3. Hold the meeting as if nothing happened
4. Begin the meeting with a discussion of diversity and professional behavior.

Q3. Robert’s project is a high-priority project for his organization. Project stakeholder engagement is crucial for the project’s success. Robert needs to discuss the project stakeholder engagement levels with his project team on a regular basis. Which of the following is the best platform where Robert can review this with his team?

1. Phase gates
2. Project status review meetings
3. Kill points
4. Information management system

Q4. When the cost of an activity cannot be estimated with an adequate degree of certainty, the work within the activity can be decomposed. The resource requirements for each lower, more detailed work package can be estimated and aggregated to form a basis for estimating the cost for overarching scheduled activity. What is this type of estimating called?

1. Bottom-up estimating
2. Decomposed estimating
3. Should-cost estimating
4. Three-point estimating

Q5. The code development phase of a software project is nearly complete when the first code review is conducted. During the review, it s discovered that the application is missing functionality required to complete a key business process. However, the product scope never specified this functionality. What should the project manager do?

1. Reject the functionality as out of the project’s scope.
2. Agree to include the functionality in the current release
3. Agree to include the functionality in the next release.
4. Assess the impact on the project of including the functionality, and inform the sponsor.

Q6. The Conduct Procurements process receives bids or proposals and applies criteria to select one or more sellers who are both qualified and acceptable as a seller. Which of the following techniques is not a valid technique for this process?

1. Make-or-buy analysis
2. Proposal Evaluation Techniques
3. Advertising
4. Bidder Conference

Q7. Recommended corrective actions result from which of the following?

1. Cost aggregation
2. Bottom-up estimating
3. Reserve analysis
4. Control costs.

Q8. If a project has a 60 percent chance of a $100,000 profit and a 40 percent chance of a $100,000 loss, the expected monetary value of the project is:

1. $20,000 profit
2. $40,000 loss
3. $100,000 profit
4. $60,000 loss

Q9. The float of an activity is determined by:

1. Performing a Monte Carlo analysis
2. Determining the waiting time between activities
3. Determining lag
4. Determining the amount of time the activity can be delayed before it delays the critical path

Q10. Eric, a project manager, is a certified PMP. He is responding to an RFP from a buyer and needs to fill in details on his company’s financial performance. His company has performed poorly during the current quarter, and the results will be published in two to three days. However, the company has done very well in the previous quarters. The RFP is due in 10 days, and all the information in the RFP is complete except the financial information. What should Eric do?

1. Eric should fill in the information for the previous quarter and ignore the current quarter. This is an aberration, and the company will eventually come out of the bad patch.
2. Eric should present the previous quarter's results as the latest results. This will give his company a better chance to win the project.
3. Eric should fill in the financial information for the previous quarter and send out the RFP response before the current quarter results are published.
4. Eric should wait until the current results are out and update the latest financial information before sending out the RFP response.