Project Management Question Bank
for Exam preparation

Q2. During an inspection, you are reviewing a chart and notice that a particular process is outside the below specification limit. You instruct your team member to take corrective action. What chart have you reviewed here?

1. Cause and effect diagram
2. Scatter diagram
3. Run chart
4. Control chart

Q3. What is the difference between management reserves and contingency reserves?

1. Contingency reserves address known knowns, whereas management reserves address known unknowns.
2. Contingency and management reserves both address known unknowns and could be considered the same.
3. Contingency reserves address known unknowns whereas management reserves address unknown unknowns.
4. Contingency reserves are managed by senior management whereas management reserves are managed by the project manager.

Q4. A project manager has access to a tremendous amount of historical information on a pr and charts it over time. Which of the following is the project manager MOST likely to use?

1. Benchmarking
2. Trend analysis
3. Variance analysis
4. Decision trees

Q5. You have designed an improvised system for a consumer product that could decrease repair cost for the consumer. Management is impressed with your idea, but has decided to wait until next year to implement it. What is the BEST thing to do?

1. Advise government officials that there is a better alternative that could save the public money
2. Wait until next year
3. Go to one of your competitors with the idea in order to save consumers cost
4. Tell everyone you come in contact with that you have a better design

Q6. Which of the following defines the total scope of the project and represents the work specified in the current approved project scope statement?

1. Work Breakdown Structure (WBS)
2. Bill of Material (BOM)
3. Project Charter
4. Requirements Breakdown Structure (RBS)

Q7. What is the traditional way to display a reporting structure among project team members?

1. Text-oriented role description
2. Flowchart
3. Project organization charts
4. Matrix-based responsibility chart

Q8. Define Activities, Sequence Activities, and Estimate Durations all occur before:

1. Develop Project Charter
2. Create WBS
3. Develop Schedule
4. Project development

Q9. Which of these items are important to address when determining each person's role in the project team?

1. Role, authority, responsibility, and competency
2. Role, responsibility, and competency
3. Role and responsibility
4. Role, authority, and competency

Q10. Most project management software packages use a method of constructing a project schedule network diagram known as:

1. Waterfall Method
2. Precedence Diagramming Method
3. Agile Method
4. Just-in-time Method