Project Management Question Bank
for Exam preparation

Q2. A project is ending one of its phases. What should be done before moving on to the next phase?

1. Team meeting
2. Validate Scope
3. Management meeting
4. Scope management 05

Q3. During the Identify Risks process, a project manager made a long list of risks identified by all the stakeholders using various methods. He then made sure that all the risks were understood and that triggers had been identified. Later, in the Plan Risk Responses process, he took all the risks identified by the stakeholders and determined ways to mitigate them. What has he done wrong?

1. More people should be involved in the Plan Risk Responses process
2. Triggers are not identified until the Identify Risks process.
3. The project manager should have waited until the Perform Qualitative Risk Analysis process to get the stakeholders involved.
4. The project manager should have created workarounds

Q4. The degree to which a particular stakeholder may be able to positively or negatively affect a project is his or her:

1. Level of engagement.
2. Level of interest.
3. Level of commitment.
4. Level of influence.

Q5. If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value for the project is:

1. $100,000 profit
2. $60,000
3. $20,000 profit
4. $40,000 loss

Q6. The purpose of a fishbone diagram is to:

1. Explore past outcomes and apply then to the current project.
2. Stimulate thinking, organize thoughts and generate discussion.
3. Determine the organization of the project.
4. Show functional responsibilities and how they are related to one another and to the objectives of the project.

Q7. You have been assigned to manage the development of an organization’s first Web site. The site will be highly complex and interactive, and neither your project team nor the client has much experience with Web site development. The timeline is extremely aggressive. Any delay will be costly for both your firm and the client. You have a project sponsor and have achieved agreement and sign-off on both the project charter and the project management plan. Client personnel have been kept fully informed of the project’s progress through status reports and regular meetings. The project is on schedule, within the budget, and a final perfunctory review has been scheduled. Suddenly you hear that the entire effort may be cancelled because the product developed is totally unacceptable. What is the MOST likely cause of this situation?

1. A key stakeholder was not adequately involved in the project.
2. The project charter and project management plan were not thoroughly explained or adequately reviewed y the client.
3. Communications arrangements were inadequate and did not provide the required information to interested parties
4. The project sponsor failed to provide adequate support for the project.

Q8. A project manager is working on a major new product development project when a risk occurs that does not have a risk response plan. What should the project manager do?

1. Hold a risk assessment and plan a workaround
2. Inform management and communicate the new risk to the team
3. Communicate the planned response to the stakeholders
4. Use some of the reserve to accommodate the risk.

Q9. During which stages of a project should the project manager be most active in managing project stakeholders’ needs and expectations?

1. Initiating and planning
2. Planning and executing
3. Executing and controlling
4. Controlling and closing

Q10. A change request that is issued to bring the performance of the project back in line with the project management plan is related to:

1. Corrective action
2. Defect repair
3. Proactive action
4. Preventive action