Project Management Question Bank
for Exam preparation

Q2. You have a choice of four ongoing projects that you can take over as project manager. Project 1 has a benefit cost ratio (BCR) of 1.4, is a high priority project and has a critical path length of 16 months. Its cost performance index (CPI) is 1.2. Project 2 has a schedule performance index (SPI) of 1.1, is using three critical resources, has a low priority, and has a BCR of 1.1. Project 3 has a CPI of 1.2, an SPI of 0.89, a BCR of 1.6, and a critical path length of 19 months. Project 4 has a CPI of 0.82, an activity with 33 days of float, a hard-to-get resource assigned to activity L, and a priority of keeping cost low. Based on the above, which project would you prefer to take over?

1. Project 1
2. Project 2
3. Project 3
4. Project 4

Q3. Probabilistic analysis o the project and probability of achieving the project cost are completed during:

1. Identify Risks
2. Perform Qualitative Risk Analysis
3. Perform Quantitative Risk Analysis
4. Plan Risk Responses.

Q4. ________ refers to non-random data points that are grouped together on one side of the mean of a control chart.

1. Specification limits
2. Lower control limit
3. Rule of seven
4. 6 sigma

Q5. You are building a dam for a state government. Your organization is considered a specialist in dam design and overall management of construction activities. However, your organization lacks resources to execute the earth-works involved. You have subcontracted all the project’s earth-works to a local subcontractor. The quality of the subcontractor’s work is acceptable, but the subcontractor is not conforming to your organization’s health and safety standards. You escalated this to the subcontractor’s project manager, but he turned down your request. The subcontractor’s project manager is of the view that the request is out of the contract’s scope and none of the contract provisions require him to conform to your organization’s standards. You are agitated since you believe health and safety standards are globally accepted, and the contract does not have to explicitly state them. Further, according to the state law, you cannot terminate the contract since the subcontractor has not vio

1. Go for judicial arbitration as stated in the contact’s ADR provisions
2. Terminate the contract immediately since you will not compromise health and safety standards
3. Withhold the subcontractor’s payments to force compliance
4. Negotiate a contact amendment with the subcontractor requiring compliance to the standards

Q6. A team has just gathered information and requirements for a new project that will be completed by an external company. If the project manager is just starting the procurement process, which one of the following should be done LAST?

1. A make-or-buy analysis
2. Seek expert judgment from a variety of resources including industry groups, consultants, and other divisions of her organization
3. Contract type selection including fixed price, unit price, and cost reimbursable contracts
4. Finalize the terms and conditions of the contract.

Q7. You are managing a construction project. Your company does not specialize in construction design so you outsourced the construction design to a third party. You are conducting regular procurement performance reviews and are dissatisfied. You want to carry out a detailed audit of the design supplier’s work processes to determine the root cause. Can you do that?

1. Yes, it is a good project management technique advocated by the PMBOK guide.
2. Yes, if there is a provision in the contract allowing work process audits.
3. No, you are only authorized to perform quality audits on the delivered products and not the supplier’s internal work processes.
4. No, a detailed procurement audit cannot be performed until you terminate the contract.

Q8. A company is making an effort to improve its project performance and create historical records of past projects. What is the BEST way to accomplish this?

1. Create project management plans
2. Create lessons learned
3. Create network diagrams
4. Create status reports 2

Q9. A dependency requiring that design be completed before manufacturing can start is an example of:

1. Discretionary dependency
2. External dependency
3. Mandatory dependency
4. Scope dependency

Q10. You are managing a project with part-time resources in a weak matrix organization. Several of the team members attend team meetings and have not completed their activity assignments as scheduled. AT your next team meting, the MOST important agenda item would be:

1. To review the work breakdown structure.
2. Team building.
3. To review project schedule and assignments.
4. To define the impact of the delays.