Project Management Question Bank
for Exam preparation

Q2. You are in the execution stage of your project, and you are informed that “corporate” will send in a team of consultants to review whether your project activities comply with your company’s and PMI’s policies, standards, and procedures. This is an example of:

1. Quality Audit
2. Organizational Process Assets
3. Process Analysis
4. Recommended Corrective Actions

Q3. A key project in an organization has been ignored, due to high travel expenses associated with the movement of subject matter experts and other specialists across various project locations. Which of the following might allow such a project to be undertaken in a cost-efficient manner?

1. Management sign-off
2. Negotiation
3. Virtual teams
4. Co-location

Q4. An estimate that is +/-50 percent of actual is considered a:

1. Budget estimate
2. Rough order of magnitude estimate
3. Definitive estimate
4. Parametric estimate.

Q5. While planning the project, you discover that an expert resource might be available to work on you project. However, the resource manager will not commit to the resource being on your team at the present time. The BEST thing to do would be to estimate the activity:

1. As if the expert resources were available.
2. As though you had an average resource doing the activity.
3. As if you had an inexperienced resource
4. Using the Delphi technique.

Q6. You are in the identifying risks process. You are meeting with your team members and stated that the project may be delayed because of the late delivery of certain consumables for your project. Now you ask the team members to find ways in which this problem can occur. What technique are you using here?

1. Assumption and constraint analysis
2. Brainstorming
3. Sensitivity analysis
4. Root cause analysis

Q7. The key objective of stakeholder management is:

1. Communication.
2. Coordination.
3. Satisfaction.
4. Relationships.

Q8. Payment for routine government action by a foreign official is:

1. A bribe
2. Allowed
3. Not payable upon violation of government law
4. Allowed only if they process the project schedule

Q9. The communications management plan is developed to meet the needs of the:

1. Project sponsor
2. Team
3. Project manager
4. Stakeholders.

Q10. 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