Project Management Question Bank
for Exam preparation

Q2. To demonstrate your product, you develop a small functional model of your real product and show to your stakeholders to get their feedback. This model is known as:

1. Simulation
2. Sampling
3. Prototype
4. None of the above

Q3. Which of the following is accurate regarding agreements in Project Procurement Management?

1. Agreements can never be terminated.
2. Terms and conditions never include the seller’s proposal.
3. Agreements are informal documents.
4. Agreements are legal documents between a buyer and a seller.

Q4. You are planning a storage device migration in a data center. During this phase of the project, who should control the project?

1. Project Manager
2. SMEs
3. Sponsor
4. Management

Q5. The client has given you a project to construct a cold storage plant. Everything was going as planned, however, due to some unforeseen incidents, your project is delayed. The client is in a hurry and has threatened you with a large penalty if you are not able to complete the project on time. So, you started working hard to complete the project and avoid the fine. You are working overtime, bringing in more resources from other projects, and renting extra equipment; finally, you complete the project on time. This is an example of:

1. Critical chain
2. Fast tracking
3. Crashing
4. Resource leveling

Q6. In order to provide one of your team members with a reward for excellent performance, you are going to allow him to acquire the new skill in which he is interested. Assuming that any activity shown in the chart would provide the team member with the benefit, which activity would you assign him to?

1. Activity D
2. Activity E
3. Activity F
4. Activity B

Q7. The objective of a transformation project is to move an organization from one state to another state. Before the project begins, the organization is commonly referred to as being in the:

1. Hot State
2. Ready State
3. Historic State
4. Current State

Q8. You are a consulting project manager and an investment bank has a contract with you to run a large information technology project that is expected to last 15 months. During the Direct and Manage Project Work process, you discover that several regulatory requirements were addressed in the project management plan but missed from the scope statement. Failure to meet these requirements could result in legal action against the company. However, implementing the technology to comply with these regulations could exceed the budget and scope of the project and result in the cancellation of the project. What should you do?

1. Do not do anything as these requirements are not a part of the scope baseline.
2. Request additional funds to implement these requirements.
3. Submit a change request to incorporate the missed requirements in the project's scope.
4. This is a classic example of scope creep and such requirements must be ignored.

Q9. Using the chart, a new activity, (R) with the duration of 5 is added to this project. Activity R has a predecessor as activity A, and a successor as activity B. How long will the project now take?

1. 49
2. 48
3. 38
4. 52

Q10. The Risk Register contains details of all identified risks and their current status. It is a document containing the results of:

1. Plan Risk Responses
2. Identify Risks
3. Monitor Risks
4. Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, and Plan Risk Responses