Project Management Question Bank
for Exam preparation

Q2. Your project has a cost performance index (CPI) of 1.1, and a schedule performance index (SPI) of 1.03. All the deliverables to date have been completed to the customer’s satisfaction. Getting formal acceptance of the project management plan was difficult because the schedule was compressed beyond reason. Actvity B has float of 2 weeks, activity C has float of zero, activity D has zero float and activity E is being done by a new employee and has a float of 3 weeks. The hardest part of the project is about to start and even the project management office has asked you to increase your management oversight and report more often on the status of the project. In preparing your report you find out that the team member completing activity D reports a one day delay, the team member completing activity D reports that the material needed t o complete the activity has not arrived. The team member for activity B tells you his activity will be delayed by two days because the customer has delayed formal acceptance during the Validate Scope process. Another team member reports that the earned value-related trend report is favorable. What would you do if you were the project manager?

1. Investigate why it was difficult to get formal acceptance of the project management plan and whether that problem added any risks to the project.
2. Hold a meeting to walk through the upcoming difficult activities with those doing the work.
3. Investigate the reason for the delayed material and the effect on the project
4. Reassign resources from noncritical path activities to critical path activities and meet with the customer about activity B.

Q3. The Cost of Quality principle includes:

1. The costs of ensuring conformance to requirements
2. The costs involved when changes are made to the requirements
3. The cost of deploying a project Configuration Management System
4. The costs associated with eliminating requirements

Q4. You are managing a large project with many contractors working on it. A stakeholder comes to you and informs you that he never received the status report from one of your contractors. What will your next step be?

1. Stop the payment and ask for clarification
2. Call the contractor
3. Review the communications management plan
4. Inform management

Q5. During the review of a control chart, you observe that the limit for one deliverable is below the lower control limit but above the specification limit. What will your next step be?

1. As it is within the specification limits, no action will be taken
2. You will take corrective action
3. You will replace the product
4. You will adjust the control limits

Q6. Sarah is about to start developing her project stakeholder engagement plan. She is currently gathering all the required inputs for this process. She has already created the stakeholder register and has gotten access to the organizational process assets and enterprise environmental factors. Which of the following inputs is also critical for the process?

1. Expert Judgment
2. Benchmarking
3. Root cause analysis
4. Project management plan

Q7. A project manager is working on her first project that uses people from outside her country. Which of the following would be the MOST important thing to expect to occur?

1. Added costs due to shoddy or incomplete work
2. Language or cultural differences that preclude effective team work
3. Increased resource planning and coordination activities
4. Team building activities become impractical, and the cost is prohibitive.

Q8. A project is contracted on a Cost-Plus-Incentive-Fee (CPIF) basis. The contract states that if the final costs are less than expected costs, the sharing formula for cost savings is 80:20. The targeted cost is US$500,000 with a 10 percent fee. If the project comes in at US$450,000, what would be the total cost of the contract?

1. US$495,000
2. US$510,000
3. US$505,000
4. US$550,000

Q9. From the project perspective, quality attributes:

1. Determine how effectively the performing organization supports the project.
2. Provide the basis for judging the project’s success or failure
3. Are specific characteristics on which a product is designed and tested.
4. Are objective criteria that must be met.

Q10. The Close Project or Phase process is not performed when:

1. Cancelling projects
2. Closing projects
3. Closing project phases
4. Reactivating projects