Project Management Question Bank
for Exam preparation

Q2. Two months into a design project, the customer requested a modification to the product. The change was made without notifying the project manager. During the final testing phase, results were different then what was planned for. This scenario is BEST thought of as an example of which of the following?

1. Poor scope control
2. Poor adherence to the communications management plan
3. Poor development of the quality management plan
4. Poor definition of the test plan

Q3. You are working on a project which is under budget and ahead of schedule. The project is 85% complete, and the client comes and asks you to terminate the project because he fears a possible regulation can impact his project. You review the project parameters and find that you can complete the project before the proposed legislation comes into existence; moreover, you won’t need any extra funding. What will your next steps be?

1. Tell the client about your findings and ask him to reconsider his decision
2. Initiate the close project process
3. Immediately release your team members
4. Convince your management to discuss the issue with the client

Q4. Residual risks are risks that remain after risk response planning. Secondary risks are:

1. Planning risks that are no longer a factor during project executing
2. Discovered during risk identification
3. New risks created by the risk response strategies selected.
4. Lower priority risks not requiring mitigation efforts.

Q5. Which of the following is incorrect regarding a bidders conference?

1. Questions from each seller should be handled confidentially and not shared with other sellers.
2. No bidders should receive preferential treatment, even if they are part of the company's existing list of approved suppliers.
3. Bidder conferences should not involve individual face-to-face meetings.
4. All prospective sellers should be allowed to have a common understanding of the procurement.

Q6. Which of these statements is true?

1. The cost of correcting mistakes through an inspection is much less than the cost of preventing them.
2. The cost of preventing mistakes is generally much less than the cost of correcting them as revealed by inspection.
3. It does not matter where a defect is captured as long as the finished work product does not have a defect.
4. The cost of correcting mistakes through an inspection is more or less the same as the cost of preventing them since the same effort goes into both activities.

Q7. After identifying a risk to your project, you determine that there is a high probability of risk occurring with a low consequence. What mitigation strategy is BEST to adopt?

1. Eliminate the consequence of the risk.
2. Avoid the risk
3. Add the risk to the watch list
4. Insure against the risk.

Q8. While completing work, a project team member tells you that a work package has been forgotten in the WBS. What is the BEST thing to do?

1. Wait for a change request to be processed.
2. Include it in the WBS
3. Include it only in the network diagram.
4. Include it in the estimate, but not the activity list.

Q9. You are taking over a project during the planning process group and discover that six individuals have signed the project charter. Which of the following should MOST concern you?

1. Who will be a member of the change control board
2. Spending more time on configuration management
3. Getting a single project sponsor
4. Determining the reporting structure

Q10. The customer starts to have cash flow problems, because other projects are being completed early. The customer notifies the project manager that there will be limits on when funds will be available for the project. The project CPI is currently 1.02, and the estimate to complete is US $927,000. If the project manager performs funding limit reconciliation, there will also MOST likely be a change to the:

1. Resource assigned.
2. Number of change requests
3. Cost baseline
4. Project schedule 21