Project Management Question Bank
for Exam preparation

Q2. A project manager is trying to budget time for the various processes in the Project Schedule Management Knowledge Area. As project activities are performed, in which of these processes will the majority of effort occur?

1. Control Schedule
2. Estimate Activity Durations
3. Define Activities
4. Develop Schedule

Q3. Which of these is not an established Estimate Activity Durations technique?

1. Three Point Estimating
2. Parametric Estimating
3. Analogous Estimating
4. Critical Path Estimation

Q4. You have designed an improvised system for a consumer product that could decrease repair cost for the consumer. Management is impressed with your idea, but has decided to wait until next year to implement it. What is the BEST thing to do?

1. Advise government officials that there is a better alternative that could save the public money
2. Wait until next year
3. Go to one of your competitors with the idea in order to save consumers cost
4. Tell everyone you come in contact with that you have a better design

Q5. You are designing a motor engine. During the design phase, you find that a technique required to develop the piston is a bit more advanced than the technology you currently possess. Although you can acquire this technology, it is too time consuming. On the other hand, there is a supplier that can provide you with the same component but at a higher cost. You are still discussing the options with your team members. Which technique are you using here?

1. Select seller
2. Source selection criteria
3. Make or buy analysis
4. None of the above

Q6. Which of the following BEST describes when the team and stakeholders identify risks?

1. During the Verify Scope process
2. After the project charter is received and before the work breakdown structure is created.
3. Whenever there is a change to the project
4. Before the project charter is created.

Q7. A project manager that you have been mentoring has completed the Plan Risk Responses process and has a risk response plan. What is the NEXT thing the project manager should do?

1. Update the project management plan
2. Recommend corrective action
3. Update the risk identification checklist
4. Create risk response strategies

Q8. During the conceptual phase of a pipeline project, the project engineer estimates the following. The cost of the materials is most likely US $100,000, optimistically US $90,000, and pessimistically US $120,000. The cost for labor is most likely US $ 80,000, optimistically US $70,000, and pessimistically US $100,000. The cost for equipment is most likely US $60,000, optimistically US $50,000, and pessimistically US $70,000. The cost for construction management fees is most likely US $30,000, optimistically US $20,000, and pessimistically US $40,000. What is the probability of the project coming in under US $270,000?

1. Zero
2. Less than 50 percent
3. Exactly 50 percent
4. Over 50 percent

Q9. As the project manager of a large project, you have just completed the Estimate Costs process. As you begin the Determine Budget process, which of the following would you require as inputs to the process from the Estimate Costs process?

1. Activity cost estimates, basis of estimates
2. Activity cost estimates, activity resource estimates
3. Resource breakdown structure, agreements
4. Activity cost estimates, staff management plan

Q10. In order to shorten the project duration, you want to look at fast tracking the project. Based on the chart, which activity(s) would you consider fast tracking?

1. Activity B or E
2. Activity C or F
3. Activity H
4. Activity D or I