Project Management Question Bank
for Exam preparation

Q2. While analyzing a project, the project manager calculated the ratio of the Earned Value (EV) to the Actual Costs (AC) and obtained a value of 1.2. The project manager decided this was an unfavorable condition for the project and decided to take corrective action. What is your view?

1. The project manager is correct. The ratio of EV to AC is the Cost Performance Index and a ratio greater than 1 is unfavorable to the project
2. The project manager is not correct. The ratio of EV to AC is the Cost Variance and a ratio greater than 1 is favorable to the project.
3. The project manager is not correct. The ratio of EV to AC is the Cost Performance Index and a ratio greater than 1 is favorable to the project
4. The project manager is correct. The ratio of EV to AC is the Cost Variance and a ratio greater than 1 is unfavorable to the project.

Q3. Which list includes a process where recommended corrective action is NOT an output?

1. Control Quality, Control Costs, Report Performance
2. Control Costs, Manage Quality, Direct and Manage Project Work
3. Control Scope, Distribute Information, Control Risks
4. Monitor and Control Project Work, Manage Stakeholder Expectations, Manage Quality.

Q4. Which of the following is a common problem in the Close Project or Phase process?

1. Retaining resources to complete the project
2. Completing the quality assurance plan
3. Obtaining scope verification
4. Completing a project charter

Q5. You are working as the project manager on a mega-construction project. You need to prepare a quarterly report for the project investors. You need to collect work performance data and convert that into work performance information. Which of the following processes produces work performance data?

1. Direct and Manage Project Work
2. Control Schedule
3. Control Costs
4. Manage Communications

Q6. All of the following statements concerning procurement documents are incorrect EXCEPT:

1. Well-designed procurement documents can simplify comparison of responses.
2. Procurement documents must be rigorous with no flexibility to allow consideration of seller suggestions.
3. In general, procurement documents should not include selection criteria.
4. Well-designed procurement documents do not include a procurement statement of work.

Q7. There have been numerous changes on your project. All approved changes are BEST reflected in the:

1. Performance measurement variance
2. Validate Scope process
3. Change control procedures
4. Project management plan

Q8. Which of the following estimating techniques will cost less but is also typically less accurate?

1. Parametric Estimating
2. Analogous Estimating
3. Resource Cost-based Estimating
4. Bottom-up Estimating

Q9. Which type of cost is team training?

1. Direct
2. NPV
3. Indirect
4. Fixed

Q10. Your project calls for communication with an extremely large audience. What communication method would be appropriate under such circumstances?

1. Pull communication
2. Interactive communication
3. Two-way communication
4. Verbal communication