Project Management Question Bank
for Exam preparation

Q2. Your project team has identified a major project risk. After talking to the project management office, they determine that a reserve on the project is not necessary. What is the NEXT step?

1. List the time or cost overrun expected on the project in your project management plan.
2. Develop risk transference strategies.
3. Create a risk response plan that includes the risk.
4. Ignore he risk until it happens.

Q3. What is the MOST correct statement about conflict?

1. The primary source of conflict is personality
2. Conflict can be beneficial.
3. Conflict is best resolved by smoothing
4. The best way to prevent conflict in the procurement process is to make sure the project manager is not involved with negotiations.

Q4. At the beginning of the project, a project manager realized that the technical expertise of the team was limited, a risk to the project. Midway through the project, the project manager decided this was no longer a risk and considered it outdated. As part of which process would he do the risk reassessment?

1. Perform Qualitative Risk Analysis
2. Perform Quantitative Risk Analysis
3. Identify Risks
4. Monitor Risks

Q5. The sponsor of a project created a document that included the business need and the cost-benefit analysis. What would this document be termed as?

1. The project statement of work
2. The business case
3. The project management plan
4. The contract

Q6. A project manager overhears a conversation between two stakeholders who are talking about how unhappy they are with the impacts of the project on their own departments. Stakeholder A asks I the project is on time, and Stakeholder B replies that the SPI is 1.05. Stakeholder A asks if the project manager for the project knows o Stakeholder B’s concern. Stakeholder B responds that he is not sure. What is the BEST thing for the project manager to do?

1. Make sure stakeholders see that the project manager overheard. Then ask them to direct any questions to the project manager in writing.
2. Make a presentation to all the stakeholders regarding the status of the project.
3. Send both stakeholders a copy of the issue log, and ask for additional comments.
4. Arrange a meeting with both stakeholders to allow them to voice any concerns they may have.

Q7. A project involved development of a high-speed, hard disk drive. As part of its testing, the hard disk was subjected to continuous operation at a high speed and an elevated temperature. At the end of the test, the hard disk was destroyed beyond use. The cost of such testing is usually classified as:

1. Appraisal costs
2. Internal failure costs
3. Cost of nonconformance
4. Prevention costs

Q8. Close Procurements is similar to Close Project in that they both involve:

1. Product verification
2. Kickoff meetings
3. Quality assurance activities
4. Creation of the scope verification plan

Q9. All of the following are parts of the scope baseline EXCEPT the:

1. Scope management plan
2. Project scope statement
3. Work breakdown structure
4. WBS dictionary

Q10. Design of experiments:

1. Identifies which variables have the most influence on a quality outcome
2. Identifies which variables have the least influence on a quality outcome
3. Determines what a quality outcome is
4. Determines the methods to be used for research and development.