Project Management Question Bank
for Exam preparation

Q2. If you want to reduce the number of quality inspections and reduce the cost of quality control for your project, which technique should you use?

1. Run Chart
2. Defect Repair Review
3. Statistical Sampling
4. Pareto Chart

Q3. When would a milestone chart e used instead of a bar chart?

1. Project planning
2. Reporting to team members
3. Reporting to management
4. Risk analysis

Q4. For your project, you have broken down the work package into activities and just now completed the network diagram. Which process is this?

1. Develop schedule
2. Sequence activities
3. Define schedule
4. Create WBS

Q5. Acceptance is a strategy adopted because it is not possible to eliminate all risks from a project. This strategy indicates that the project management team has decided not to change the project management plan to deal with a risk. What action does passive acceptance require?

1. Passive acceptance is no longer adopted in projects and is a poor project management practice.
2. Passive acceptance requires no action except to document the strategy and come up with a risk management strategy.
3. Passive acceptance requires no action.
4. Passive acceptance requires no proactive action except periodic review of the threat.

Q6. The Stakeholder Committee has a report that shows zero schedule variance. However, the first milestone in the project was missed, which will cause a delay in the project. Which of the following was not reported correctly?

1. Resource management plan
2. Risk analysis
3. Critical path status
4. Communications plan variance

Q7. The sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The buyer points out that the performing organization spent a lot of money hiring a design team to come up with the design. The project manager is concerned that the risk for the buyer be as small as possible. An advantage of a fixed price contract for the buyer is:

1. Cost risk is lower
2. Cost risk is higher
3. There is little risk
4. Risk is shared by all parties.

Q8. Which technique is NOT commonly used to align the timing of activities with available resources?

1. Critical Path Method
2. Resource Leveling
3. Resource optimization
4. Resource Smoothing

Q9. You have been appointed a project manager for ABC Inc. and are given a project. While in the planning stage, you find that your organization is lacking the skills and manpower to complete a part of the work and the scope is also unclear. You decide to contract this work to a third party. What kind of contract will you select in this case?

1. Cost reimbursable
2. Time & material
3. Fixed fee
4. PO

Q10. Which document defines how the project is to be executed, monitored, controlled, and closed?

1. Project scope
2. Project charter
3. Project management information system
4. Project management plan