Project Management Question Bank
for Exam preparation

Q2. Which of the following scenarios is likely to occur in a project?

1. Cost and staffing levels are low at the start of the project.
2. Stakeholders' influence on the project is lowest at the start of the project.
3. Risk and uncertainty are lowest at the start of the project.
4. Cost of changes are the highest at the start of the project.

Q3. The client has given you a project to construct a cold storage plant. Everything was going as planned, however, due to some unforeseen incidents, your project is delayed. The client is in a hurry and has threatened you with a large penalty if you are not able to complete the project on time. So, you started working hard to complete the project and avoid the fine. You are working overtime, bringing in more resources from other projects, and renting extra equipment; finally, you complete the project on time. This is an example of:

1. Critical chain
2. Fast tracking
3. Crashing
4. Resource leveling

Q4. In response to a risk, the project manager meets with the team and management to develop a strategy. After discussions, they decide that it would be best to make sure the risk definitely happens. This is an example of which risk response strategy?

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

Q5. Rearranging resources so that a constant number of resources is used each month is called:

1. Crashing
2. Floating
3. Leveling
4. Fast tracking

Q6. What BEST describes the role of the project team members?

1. To perform the project’s work
2. To approve the change requests
3. To accept ultimate responsibility for the project’s success
4. To authorize the project

Q7. Changes in projects are inevitable. Therefore, project managers must develop or use a system to manage and control changes. There are four types of changes that need to be controlled in a project: Project changes, deliverable changes, process changes, and baseline changes. The impact of each of these changes must be evaluated, and approved or rejected changes must be communicated to all stakeholders, as and when required. Which of the following helps control these changes?

1. Configuration control and Control chart
2. Configuration control and Change control
3. Control chart and Cost control
4. Change control and Control chart

Q8. The output of the Validate Scope process is accepted deliverables that are formally signed off by the stakeholders. The stakeholders, on some projects, can get involved with the project as early as:

1. During the project initiation
2. During the project planning
3. During the project execution
4. During the project monitoring & controlling

Q9. As the Project Manager for Midway Carnival Rides, you are beginning the Define Scope process. Which of the following is a key input to this process?

1. Project Scope Statement
2. Expert Judgment
3. Project Charter
4. WBS

Q10. You are managing a multi-million dollar project that is a joint venture between your company and another organization. You have repeatedly tried to get the contact and the project charter finalized between the two organizations, but there has been a great deal of arguing over language and details. The project’s scope has been expanding, cost has been increasing, and the schedule has regularly been lengthening. You learn very suddenly that the project has been cancelled because the other organization withdrew its share of the funding for the project. What is the MOST likely reason that this occurred?

1. Failure to understand the budgetary process
2. Inadequate scope management
3. Lack of sponsor commitment
4. Poorly done initial cost-benefit analysis