Project Management Question Bank
for Exam preparation

Q2. The client has given you a project to construct a cold storage plant. Everything was going as planned, however, due to some unforeseen incidents, your project is delayed. The client is in a hurry and has threatened you with a large penalty if you are not able to complete the project on time. So, you started working hard to complete the project and avoid the fine. You are working overtime, bringing in more resources from other projects, and renting extra equipment; finally, you complete the project on time. This is an example of:

1. Critical chain
2. Fast tracking
3. Crashing
4. Resource leveling

Q3. A company is attempting to select the BEST project from a list of possible choices. If the information they have includes the following benefit cost ratios, which project should they pick?

1. 2.2
2. 1.3
3. 0.8
4. 1.6

Q4. A major construction project has been having a lot of schedule changes due to unanticipated weather problems. Who is it BEST to notify of these changes?

1. Stakeholders
2. Sponsor
3. Project team
4. Functional managers

Q5. Which of the following is incorrect regarding a bidders conference?

1. Questions from each seller should be handled confidentially and not shared with other sellers.
2. No bidders should receive preferential treatment, even if they are part of the company's existing list of approved suppliers.
3. Bidder conferences should not involve individual face-to-face meetings.
4. All prospective sellers should be allowed to have a common understanding of the procurement.

Q6. The project has been going relatively well, although there have been some problems with resource availability and the project scope has changed more than was expected. The project is now completing one of its phases. Of all decisions the sponsor must consider during and end-of-phase review meeting, the MOST difficult is:

1. Authorizing scope change for the next phase
2. Authorizing budget increases for the next phase based on scope changes
3. Cancelling the project
4. Decreasing scope to maintain budget

Q7. “Do the work because I have been put in charge!” is an example of what type of power?

1. Formal
2. Penalty
3. Effective
4. Expert.

Q8. You have just completed the initiating processes of a small project and are moving into the planning processes when a project stakeholder asks you for the project’s budget and cost baseline. What should you tell her?

1. The project budget can be found in the project charter, which has just bee completed
2. The project budget and baseline will not be finalized and accepted until the planning processes are completed
3. The project management plan will not contain the project budget and baseline; this is a small project
4. It is impossible to complete an estimate before the project management plan is created.

Q9. The cost estimates for a project are in the range of +/- 5 %. What phase is the project likely to be in?

1. Closing phase
2. Preliminary phase
3. Initial phase
4. Intermediate phase

Q10. You have been working on a very large software development project that has made use of more than 230 people. Finally, all the scope has been completed. It would be BEST to:

1. Throw a party for the team members
2. Make sure the project is integrated with the other projects.
3. Begin to focus on your other projects
4. Analyze project success or failure