Project Management Question Bank
for Exam preparation

Q2. During the conceptual phase of a pipeline project, the project engineer estimates the following. The cost of the materials is most likely US $100,000, optimistically US $90,000, and pessimistically US $120,000. The cost for labor is most likely US $ 80,000, optimistically US $70,000, and pessimistically US $100,000. The cost for equipment is most likely US $60,000, optimistically US $50,000, and pessimistically US $70,000. The cost for construction management fees is most likely US $30,000, optimistically US $20,000, and pessimistically US $40,000. What is the probability of the project coming in under US $270,000?

1. Zero
2. Less than 50 percent
3. Exactly 50 percent
4. Over 50 percent

Q3. Using the chart, if the duration of activity D changes to 9, what would you need to include in your performance report?

1. The project will be completed later than expected
2. Everything on the project is going to according to plan
3. The project will be completed early
4. The risk of the project not being completed is now greater.

Q4. Which of these precedence relationships is most commonly used in the Precedence Diagramming Method?

1. Finish-to-Start
2. Start-to-Finish
3. Start-to-Start
4. Finish-to-Finish

Q5. You have decided to terminate a contract because you no longer need the work from the seller. What is the BEST way to communicate this to the seller?

1. Call the seller immediately.
2. Send the seller a notification by e-mail.
3. Send the seller a stop work order by overnight mail.
4. Hold an immediate meeting with the seller.

Q6. A project manager has a project team consisting of people in four countries. The project is very important to the company, and the project manager is concerned about its success. The length of the project schedule is acceptable. What type of communication should he use?

1. Informal verbal communication
2. Formal written communication
3. Formal verbal communication
4. Informal written communication

Q7. Jijo and Stefan are two employees of your organization. Jijo is working in an office and Stefan is on a site so their working conditions are different. During the project execution, both of them have some kind of conflict and come to you. You listen to them and solve the conflict. Which of the following is most likely to be a reason for a conflict in the working environment?

1. Ground rules
2. Personal work style
3. Salary
4. Working conditions

Q8. During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:

1. Let the sponsor know of the stakeholders’ request
2. Evaluate the impact of adding the scope
3. Tell the stakeholders the scope cannot be added
4. Add the work if there is time available in the project schedule

Q9. Your department is currently working on four urgent projects when it is assigned a major new project. To staff the new project, one of the four urgent projects needs to be terminated. The benefit cost ratios (BCR) for the four projects are listed. Which would you select for termination?

1. 0.8
2. 1.1
3. 0.9
4. 1.9

Q10. Cost performance measurement is BEST done through which of the following?

1. Asking for a percent complete form each team member and reporting that in the monthly progress report
2. Calculating earned value and using the indexes and other calculations to report past performance and forecast future performance
3. Using the 50/50 rule and making sure the life cycle cost is less than the project cost
4. Focusing on the amount expended last month and what will be expended the following month