Project Management Question Bank
for Exam preparation

Project Management- Q2. While reviewing project performance, the project manager determines that the schedule variance is -500. What is the BEST thing to do?

1. Let the sponsor know
2. Determine the cost variance
3. Look for activities that can be done in parallel
4. Move resources from the project to one that is not failing.

Project Management- Q3. The WBS structure can be created in a number of forms except which of the following?

1. Using work packages as the second level of decomposition, with the project deliverables inserted at the third level
2. Using major deliverables as the second level of decomposition
3. Using phases of the project lifecycle as the second level of decomposition, with the product and project deliverables inserted at the third level
4. Using subcomponents, which may be developed by organizations outside the project team, such as contracted work

Project Management- Q4. Identifying and documenting the specific activities that must be performed to produce work packages is called:

1. Define Scope
2. Decomposition
3. Define Activities
4. Sequence activities

Project Management- Q5. All of the following are needed to create the WBS EXCEPT:

1. Organizational process assets
2. Quality measurements
3. Requirements documentations
4. Project scope statement 01

Project Management- Q6. You are sitting with your team members and experts in a room and defining the definition of probability of events occurring and the impact. What process is this?

1. Identify risks
2. Perform qualitative risk analysis
3. Plan risk management
4. Plan risk responses

Project Management- Q7. 20 percent of the work was completed in a project. At this stage, the project manager determined that the budget at completion (BAC) was no longer viable and developed a forecasted estimate at completion (EAC). What index can the project manager use to look at the calculated projection of cost performance that must be achieved on the remaining work?

1. Schedule Performance Index (SPI)
2. Cost Performance Index (CPI)
3. Cost Variance (CV)
4. To-Complete Performance Index (TCPI)

Project Management- Q8. Where should a new project manager look to determine resource requirements?

1. Resource leveling chart
2. Resource bar chart
3. Activity list
4. Project schedule

Project Management- Q9. You are managing a project that requires an environmental permit to do work. The approval is in the final stages when a confidential, reliable report is brought to your notice. The report indicates there is a high risk of an environmental hazard due to the project. Your manager tells you it is better to keep quiet at this stage since losses from terminating the project might be very high. You must:

1. Send an email to your manager documenting the matter and disowning ownership of the project
2. Inform the necessary authorities of the hazard, even if it means cancelling the project
3. Wait for the project to start and see if the information in the report is true
4. Keep quiet about the matter since you will follow your manager's instructions

Project Management- Q10. You have been given a project to construct a small dam. Currently, you are visiting your project stakeholders and asking about their needs and expectations. You also have had many workshops and brainstorming sessions with them. Which process is this?

1. Identify stakeholders
2. Collect requirements
3. Define scope
4. Control scope