Project Management Question Bank
for Exam preparation

Q2. A new project manager has just been assigned a project that is in progress. The project is two weeks behind schedule. The team members are about to be distributed to another project based on original time estimates provided by the functional manager. What is the FIRST step the project manager should take?

1. She should first revise the bar chart with new timelines
2. She should initially contact the sponsor and begin with a new team
3. She should first show sympathy with the current team and delay decision making for another week.
4. She should check the project management plan for contingencies concerning resources and talk to the functional manager.

Q3. A stakeholder wants to make a change to the work breakdown structure that does NOT affect the time or cost of the project. What is the BEST thing to do?

1. Tell the stakeholder that this change cannot be made without revising the project management plan.
2. Make the change.
3. Meet with management.
4. Look for other impacts on the project.

Q4. For question number 344, determine the estimate at completion assuming the future cost performance is same as the past cost performance.

1. 110,000 USD
2. 85,000 USD
3. 909,09 USD
4. 117,647 USD

Q5. Analogous Cost Estimating is which of the following?

1. Uses statistical relationship between historical data and other variables
2. Generally less accurate
3. Bottom-up estimating
4. Generally accurate

Q6. A control chart indicates the last 12 weights produced were outside the upper control limit. What should the project manager do?

1. Stop production
2. Work to better meet ISO 9000 standards
3. Look for the non-random causes for the variations
4. Plan to rework the 12 weights

Q7. You have recently joined an organization as the procurements manager. You have just received an invoice from a contractor. Some of the items from the invoice are as follows: EV of work completed to date: $50,000. AC of work completed to date: $40,000. Total costs reimbursed by the buyer to date: $35,000. If the contract between the buyer and the contractor is a CPIF contract, what is the total value payable to this contractor? (Assume that the contract allows for a 10 percent fee over net payable whenever CPI > 1).

1. $500
2. $5,500
3. $44,000
4. $55,000

Q8. You are a project manager of a complex project which involves many procurement contracts with subcontractors. During the execution phase, a subcontractor comes to you and says that he has completed his part of the work. You reviewed the facts and provided the subcontractor with a formal written notice that the contract has ended. What process is this?

1. Validate scope
2. Verify scope
3. Close procurements
4. Control procurements

Q9. Which of the following is not an input to the Develop Project Charter process?

1. Agreements
2. Business Case
3. Benefits management plan
4. Stakeholder register

Q10. The complexity of the information flow in any project depends upon the complexity of the project itself. Information flows through various channels in complex projects. The project management team is responsible for gathering, compiling, analyzing, and reporting this information. Which of the following processes finally releases the project information to the project stakeholders?

1. Plan Communications Management
2. Monitor Communications
3. Manage Communications
4. Manage Stakeholder Engagement