Project Management Question Bank
for Exam preparation

Q2. Risks may be identified during the entire lifecycle of a project. Identify Risks is what type of process?

1. Qualitative
2. Effort-driven
3. Discrete
4. Iterative

Q3. You have completed a milestone in your software development project, and you are now verifying that the product meets the specifications outlined in the project management plan. In which process group is this process?

1. Closing
2. Monitor and Controlling
3. Executing
4. Planning

Q4. In which of the following contract types does the seller have the most cost risk?

1. Fixed price incentive fee (FPIF)
2. Time and material (T&M)
3. Cost plus award fee (CPAF)
4. Cost plus percentage of costs (CPPC).

Q5. Mandatory dependencies are those that are inherent in the nature of the work being done. They often involve physical limitations, such as on a construction project when it is impossible to erect the superstructure until the foundation is built. According to the PMBOK, a mandatory dependency is also:

1. Soft logic
2. Unilateral dependency
3. Fixed logic
4. Hard logic

Q6. Two team members are having a big disagreement over the type of computer hardware to use on the project. Who should resolve this dispute?

1. Two members and their project manager
2. Project manager
3. Management
4. System supervisor

Q7. Robert’s project is a high-priority project for his organization. Project stakeholder engagement is crucial for the project’s success. Robert needs to discuss the project stakeholder engagement levels with his project team on a regular basis. Which of the following is the best platform where Robert can review this with his team?

1. Phase gates
2. Project status review meetings
3. Kill points
4. Information management system

Q8. You are working on an information technology project as a project manager to develop a shopping website for your customers. Some key stakeholders in the project suggested scope changes to improve the website’s look and feel. Your team has analyzed the impact of these changes and presented the analysis to the Change Control Board (CCB) for approval. What should be your next step if the CCB accepts all proposed changes?

1. Implement the change request and update stakeholders
2. Review change control board decisions and inform stakeholders for their input
3. Conduct a team status meeting to update the progress on change requests
4. Revise cost estimates, schedule dates, resource requirements, and planning documents

Q9. A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis. The targeted cost is US$200,000 with a fee of US$30,000. If the project comes in at US$170,000, what would be the total cost of the contract?

1. US$ 195,500
2. US$230,000
3. US$ 200,000
4. US$170,000

Q10. A new software development project is in progress and the project manager is working with the quality assurance department. They want to improve everyone’s confidence that the project will satisfy the quality standards. Which of the following MUST they have before they start this process?

1. Completed checklists
2. A quality control plan
3. Results of quality control measurements
4. Rework.