Project Management Question Bank
for Exam preparation

Project Management- Q2. You have one document which hierarchically categorizes labor, equipment, and materials, etc. This document is known as:

1. RBS
2. Resource calendar
3. RACI matrix
4. RAM chart

Project Management- Q3. Upon obtaining the project charter, the Project Manager of a project starts acquiring the project team immediately. Is this correct?

1. Yes. Acquisition of the project team is primarily an Initiating Process Group activity.
2. Yes. The project manager needs to get the team together as soon as the project starts.
3. No. It is the responsibility of the project sponsor to provide the team for execution.
4. No. Acquisition of the project team is primarily an Executing Process Group activity.

Project Management- Q4. How would you calculate your EAC if the ETC work is performed at the budgeted rate?

1. EAC = BAC/CPI
2. EAC= BAC-EV
3. EAC = AC + BAC - EV
4. EAC=(BAC-EV)*CPI

Project Management- Q5. Which of the following is the BEST thing to do when asked to complete a project two days earlier than planned?

1. Tell senior management that the project’s critical path does not allow the project to be finished earlier.
2. Tell your boss.
3. Meet with the team to look at options for crashing or fast tracking the critical path.
4. Work hard and see what the project status is next month.

Project Management- Q6. You see an opportunity if you complete the project ahead of time: you may get a new project. Therefore, you try to complete the project early, but due to lack of resources, you are only able to shorten the duration of a few activities by starting the parallel or partially-parallel. Which risk response strategy are you employing here?

1. Exploit
2. Mitigate
3. Enhance
4. Accept

Project Management- Q7. Co-location can help with:

1. Bringing customers together
2. Building a team
3. Decreasing project rental costs
4. Decreasing project time.

Project Management- Q8. You are the project manager of a large IT project. A manager from a company contracted to work on the project offers you free tickets to a local sporting event. The tickets are expensive, but your organization has no formal policy regarding gifts. What is the best way to handle the offer?

1. Refuse the tickets and report the offer to your employer
2. Accept the tickets but notify your employer
3. Politely refuse the tickets
4. Accept the tickets since there is no policy

Project Management- Q9. Bill and Jake are two team members in a project. They do not get along well and are constantly involved in verbal conflicts. The project manager understands the characteristics of conflict and the conflict management process and tries to resolve the situation. Which of the following is not a correct statement?

1. Openness resolves conflict
2. Conflict is natural and forces a search for alternatives
3. Conflict is inevitable in a project environment.
4. The project manager is not responsible for conflict management.

Project Management- Q10. Which of the following is not a project competing constraint?

1. Budget
2. Procurement
3. Risk
4. Resource