Project Management Question Bank
for Exam preparation

Q2. Halfway through the executing process of your project, a team member alerts you to a potential cost overrun for a specific deliverable. What do you do FIRST?

1. Determine the projected actual cost
2. Implement a change control process to track the change
3. Inform the customer.
4. Determine the cause of the overage

Q3. Which of the following indicates the required cost performance in order to complete the project on budget?

1. TCPI
2. CPI
3. EAC
4. SPI

Q4. Which of the following processes are usually performed once or at predefined points in the project:

1. “Develop Project Charter” and “Close Project or Phase”
2. “Develop Project Charter” and “Develop Project Management Plan”
3. “Develop Project Management Plan” and “Direct and Manage Project Work”
4. “Direct and Manage Project Work” and “Monitor and Control Project Work”

Q5. Your team is analyzing the project and comes up with the information in the chart. What activities are on the critical path?

1. Not enough information
2. Activities B, C, and I
3. Activities B, C, E, F, H
4. Activities D, G, I Activity Baseline Crash Time Cost Time Cost A 10 $4,000 8 $6,000 B 2 $6,000 2 $6,000 C 14 $22,000 12 $26,000 D 6 $9,000 5 $10,000 E 9 $14,000 7 $19,000 F 8 $18,000 4 $36,000 64

Q6. A project manager is creating a risk response plan. However, every time a risk response is suggested another risk is identified that is caused by the response. Which of the following would be the BEST thing for the project manager to do?

1. Document the new risks and continue the Plan Risk Responses process.
2. Make sure the project work is better understood.
3. Get more people involved in the Identify Risks process since risks have been missed.
4. Spend more time making sure the risk responses are clearly defined.

Q7. Vendor selection, vendor management, and documentation of lessons learned are tasks that fall under this process:

1. Procurement management
2. Deliverable management
3. Conduct Procurements
4. Scope management

Q8. You just sat through an exhausting change control meeting discussing a change in scope to the project you have worked on for the past seven months. After lengthy discussion, the change in scope was approved. As the Project Manager, you should now update all the following documentation, except:

1. Scope Baseline
2. Requirements documentation
3. WBS Dictionary
4. Project charter

Q9. During a cost performance review with certain senior officers from the finance department, you discover there are certain inconsistencies in the way cost performance reporting is done, and you obtain data that shows these officers are deliberately misleading senior management. What should you do?

1. Write an anonymous letter to senior management about these activities.
2. Bring this to the notice of senior management even though there are no formal policies in place for whistleblowers.
3. Do nothing but make sure that the data for your project is clean.
4. Do nothing. The corrupt behavior of the finance department officials has nothing to do with your project.

Q10. The project is mostly complete. The project has a schedule variance of 300 and a cost variance of -900. All but one of the quality control inspections have been completed and all have met the quality requirements. All items in the issue log have been resolved. Many of the resources have been released. The sponsor is about to call a meeting to obtain product verification when the customer notifies the project manager that they want to make a major change to the scope. The project manager should:

1. Meet with the project team to determine if this change can be made.
2. Ask the customer for a description of the change
3. Explain that the change cannot be made at this point in the process
4. Inform management