Project Management Question Bank
for Exam preparation

Q2. A project manager has completed identification of stakeholders and has started planning for a flow instruments installation project in a hospital. While developing the project management plan, a team member states that a stakeholder in the X-ray department is missing from the stakeholder list. Which of the following would be the best response from the project manager?

1. Authenticate the information from the team member
2. Include and involve the stakeholder immediately
3. It is too late to involve a stakeholder in the planning, so ignore the stakeholder
4. Wait until the execution phase to involve the new stakeholder

Q3. The customer wants to expand the product scope after the performance measurement baseline has been established. Which document will the customer need to submit?

1. Change request
2. Project scope statement
3. Performance measurements
4. Activity attributes 02

Q4. A seller entered into a contract with a buyer. At the end of the project, the seller was reimbursed for the cost of the project but received a low fee based on certain subjective criteria that were specified in the contract. What type of contract is this likely to be?

1. Cost Plus Fixed Fee (CPFF) contract
2. Fixed Price Incentive Fee (FPIF) contract
3. Cost Plus Incentive Fee (CPIF) contract
4. Cost Plus Award Fee (CPAF) contract

Q5. A team member assigned to the project needs two days of training to satisfactorily complete certain activities. No one else with the necessary skills is available to the project team. What is the BEST thing to do?

1. Add two days to the schedule and inform management of the delay
2. Ask management for additional personnel because you cannot afford the extra schedule time.
3. Offer a bonus to the team member if he/she gets the training on his/her own time.
4. Include training in the project management plan.

Q6. You are attending a monthly status meeting with your stakeholders. During the discussion with an influential stakeholder, he asks you about a particular deliverable, He would like to know why it is taking so long to deliver and who is responsible for it. To answer his query, you refer a document and call Tom, who was responsible for this deliverable. What document is this?

1. Scope statement
2. Stakeholder register
3. RACI chart
4. Issue log

Q7. You are managing a complex software development project for an external customer. You are using the waterfall approach to manage the project in line with the contractual requirements. However, you are not comfortable with this approach. You believe that customers don't really know what they want upfront; rather, what they want emerges out of repeated two-way interactions over the course of the project. In your current situation, the waterfall approach has its emphasis on upfront requirements capture and design, followed by product development and finally the system testing. The customer will only be involved during the requirements gathering and system testing stages and will be completely out of touch during the development activities. Which of the following can help you mitigate the risk created by the waterfall approach:

1. Adopt an iterative life cycle.
2. Divide the project into multiple phases and organize phase gates.
3. Adopt an incremental life cycle.
4. Adopt a hybrid life cycle.

Q8. A project manager wants to use a group decision-making technique to generate, classify and prioritize requirements. Which of these is not a valid group decision-making technique?

1. Plurality
2. Singularity
3. Majority
4. Unanimity

Q9. Linda is a first-time project manager and is analyzing a project schedule. She intends to apply resource leveling, and she has the following guidelines on Resource Leveling. Which of these four statements is incorrect?

1. Resource Leveling can often cause the critical path to change.
2. Resource Leveling is applied to a schedule before it has been analyzed by the critical path method.
3. Resource Leveling is applied to keep resource usage at a constant level.
4. Resource Leveling is necessary when resources have been over-allocated.

Q10. Rodney is in the process of preparing the project performance report for the team meeting. He is expecting many questions from his stakeholders on the budget and schedule. He calculates the following values: Budget at Completion (BAC) = $22,000, Earned Value (EV) = $13,000, Planned Value (PV) = $14,000, Actual cost (AC) = $15,000. What is the Estimate at Completion (EAC) for the project, if the work is performed at the budgeted rate?

1. $24,000
2. $36,000
3. $22,500
4. $37,000