Project Management Question Bank
for Exam preparation

Q2. In order to complete work on your projects, you have been provided confidential information from all of your clients. A university contacts you to help it in its research. Such assistance would require you to provide the university with some of the client data from your files. What should you do?

1. Release the information, but remove all references to the client’s names
2. Provide high-level information only
3. Contact your clients and seek permission to disclose the information
4. Disclose the information

Q3. The project manager is working to clearly describe the level of involvement expected from everyone involved in the project in order to prevent rework, conflict, and coordination problems. Which of the following BEST describes the project manager’s efforts?

1. Develop Project Management Plan and Plan Quality Management
2. Problem solving, control, and discovering gold plating
3. Validate Scope and Control Quality
4. Control Risks, Develop Project Team, and lessons learned

Q4. As a project manager, you are in the process of preparing the project schedule for the project. Which of the following accurately depicts the sequence of your activities before you began to prepare the project schedule?

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

Q5. A project team is trying to decrease risk on the project. Management has a good relationship with a seller who is experienced in areas that your company is not experienced in. Management wants all activities with a US $50,000 or higher risk to be transferred to the seller. Management believes that this will remove the impact of those higher risks from the project. Why would this NOT be effective?

1. Working with sellers will add more than the $50,000 of risk to the project.
2. You would have to go through the contracting process.
3. The transference of a risk does not remove all impacts of the risk.
4. Management’s association with the seller is a conflict of interest for the project.

Q6. During the course of the project, the project management team developed a forecast for the estimate at completion (EAC) based on the project performance. Which of the following statements about EAC is correct?

1. The EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new estimate.
2. The EAC forecast is best estimated using the estimate to complete (ETC) work performed considering both SPI and CPI factors.
3. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the present CPI.
4. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the budgeted rate.

Q7. The engineering department has uncovered a problem with the cost accounting system and has asked the systems department to analyze what is wrong and fix the problem. You are a project manager working with the cost accounting programs on another project. Management has issued a change request to the change control board to add the new work to your project. Your existing project has a cost performance index (CPI) of 1.2 and a schedule performance index (SPI) of 1.3 so you have some room to ad work without delaying your existing project. After some analysis, you determine that the new work and existing work do not overlap and can be done concurrently. They also require different skill sets. Which of the following is the BEST thing to do?

1. Develop Project Charter
2. Re-estimate the project schedule with input from the engineering department
3. Verify the scope of the new work with the help of the stakeholders
4. Identify specific changes to the existing work.

Q8. A project manager wishes to illustrate the connections between the work that needs to be done and the project team members. According to the PMBOK, the resulting document is a:

1. Responsibility Assignment Matrix (RAM)
2. Resource Planning Chart (RPC)
3. Task Assignment Model (TAM)
4. Resource Assignment Chart (RAC)

Q9. You are the project manager of a project executing work under a contract signed with a buyer organization. Just after the project has started, you notice that the buyer organization had made a mistake in the financial terms, and your organization stands to benefit considerably from this oversight. What should your stance be?

1. Do not take any action since a contract is a binding and legal document.
2. Discuss with your management how you could gain a bonus due to the increased revenue your company stands to gain.
3. Informally check with your counterpart in the buyer organization to see whether he or she noticed this error.
4. Bring the error to the notice of the buyer organization and have an amendment made to the contract since this was in good faith.

Q10. You are developing a smartphone, when suddenly your competitor has launched a smartphone which is better than yours. Therefore, you make some changes to the product which causes WBS elements to be amended heavily. What kind of changes have you made to your project?

1. Change in scope
2. Change in schedule
3. Change in quality
4. None of the above