Project Management Question Bank
for Exam preparation

Q2. Giving a team member a corner office is different than giving him health benefits because a corner office is a (n):

1. Perquisite.
2. Fringe benefit
3. Use of the expectancy theory
4. Example of formal power.

Q3. A project change management plan should be created during which process group?

1. Initiating
2. Planning
3. Executing
4. Closing

Q4. In a small office construction project, the following activities are scheduled in sequence. i) Digging and pouring footings: five days. ii) Working on the slab and pouring: three days. iii) Framing the floor: five days. iv) Wall framing: four days. v) Roof framing: six days. vi) Insulation and drywall: seven days. vii) Interior doors and trim: three days. viii) Hardware and fixtures: two days. What is the minimum time to complete the project if all activities are on a critical path except activity viii, and activity iii is delayed by one day?

1. 32 days
2. 33 days
3. 34 days
4. 35 days

Q5. As an external vendor, you are managing a complex software project on a time-and-materials (T&M) contract. One of your team members reports a breakthrough in automating some of the testing activities. This may result in cost savings to the project and completion of the project one month ahead of schedule. Which of the following actions would you take?

1. This is confidential information within your project team and there is no need to share with the customer. The savings will be additional profits on the project.
2. Communicate the current status and inform the customer you will incorporate some additional features to use up the savings in cost and time since it was budgeted.
3. Communicate the current status to the customer and indicate the potential changes to cost and schedule.
4. Communicate the savings in cost and time to the customer. At the end of the project, notify your billing department that they need to prepare an invoice for 50 percent of the cost saved.

Q6. 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.

Q7. During the Develop Schedule process, which of the following would BEST provide the basis for the MOST likely activity duration estimate?

1. Labour productivity rates published by a professional association
2. A consultant’s estimate of the overall labour man-hours required.
3. The initial estimate used to budget the project
4. The schedule for a similar project at the same facility completed two years earlier.

Q8. You are over budget and it is impossible to complete the project with the given budget. Therefore, you raise the change request which management approves. After the change request is approved, you update the cost baseline and update other project documents. The document used to register any changes which occur during the project execution is known as:

1. Risk register
2. Issue log
3. Change log
4. RACI matrix

Q9. You are a project manager who is in charge of an important project for your company. The project is 40 percent complete after three months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last eight months. How is the project performing?

1. The project is behind schedule and over budget.
2. The project is ahead of schedule and under budget.
3. The project is behind schedule and under budget.
4. The project is ahead of schedule and over budget.

Q10. A project manager works in a company that has a matrix organizational structure. A server administrator is assigned to the project manager’s project team. The server administrator is not taking direction from the project manager and the delay in the server administrator’s activities is causing a negative variance to the schedule. The server administrator works for the director of server administration. Who is primarily responsible for solving this problem?

1. The project manager
2. The server administrator
3. The director of server administration
4. The sponsor