Project Management Question Bank
for Exam preparation

Project Management- Q2. Crashing is an effective schedule compression technique at times when a project is struggling behind schedule. However, increasing the number of resources to twice the original number of the resources does not always cut the time by half. This is due to:

1. Fast tracking the project
2. Risk mitigation due to crashing the project
3. The law of diminishing returns
4. Critical path analysis

Project Management- Q3. Tim is the project manager for a shopping mall construction project which is in its fourth month of execution. According to the project contract, Tim can only issue project invoices when the project is 25%, 50%, 75% and 100% complete in terms of the approved project schedule. Recently the 25% milestone has been reached and Tim is ready to issue his first invoice. According to the contract, the project must be completed in 12 months. What is the project’s SPI?

1. 0.25
2. 0.75
3. 0.33
4. 1.33

Project Management- Q4. A project manager creates a component-specific tool to verify that a set of required steps has been performed. This tool is called a:

1. Risk Register
2. Assumptions log
3. Checklist
4. Plan-Do-Act-Check

Project Management- Q5. Your project is complete and the product is ready to be delivered. The client inspects the deliverable and accepts it. What process is this?

1. Close procurement
2. Close project
3. Validate scope
4. Verify scope

Project Management- Q6. During the execution of the project, a new ISO version of standard 9000 is issued and the project team is meeting with the quality department to determine how the standard will apply to the project. This is part of which quality process?

1. Plan Quality
2. Perform Quality Control
3. Quality Analysis
4. Manage Quality.

Project Management- Q7. Activities in the Define Activities process should meet:

1. The WBS layout
2. Cost incentives
3. Schedule objectives
4. Project objectives

Project Management- Q8. The project you are working on has received an invoice from a vendor for US$17,500. However, your team believes the correct total due is US$15,300. When you notify the vendor, the vendor still insists on US$17,500. What is the best course of action now?

1. Pay $15,300
2. Negotiate with the vendor
3. File a lawsuit
4. Pay $17,500

Project Management- Q9. Anne is the project manager of a project. She has evaluated certain responses from prospective sellers and wants to select a contract model that will transfer risk to the seller. Which of the following should she select in order to achieve this?

1. Time and Material contract
2. Fixed price contract
3. Cost-Plus-Fixed-Fee contract
4. Cost-Plus-Incentive-Fee contract

Project Management- Q10. Which of the following processes will determine the correctness of deliverables?

1. Plan Deliverables
2. Plan Quality Management
3. Control Quality
4. Manage Quality