Project Management Question Bank
for Exam preparation

Q2. All of the following are used in quality management EXCEPT:

1. Marginal analysis
2. Selected sellers
3. Standard deviation
4. The Delphi technique.

Q3. During the risk response process, you find a risk which would be difficult for you to manage. You discuss the issue with management and a decision is taken to transfer the management of this risk to your portfolio manager. What risk response strategy is this?

1. Mitigate
2. Escalate
3. Transfer
4. Avoid

Q4. 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.

Q5. The financial systems project has a relatively high profile in the organization and has received great support from the sponsor. There are over 230 activities on the project, and a few have remained relatively large due to the nature of the work to be accomplished. One of these larger activities has an estimate to complete (ETC) that is longer than planned. If the project manager wants to look at non-value-added activities that might be causing the delay, the manager should:

1. Measure using quality metrics
2. Complete process analysis
3. Perform a quality audit
4. Use a Pareto chart

Q6. Which of the following is included in a project charter?

1. A risk management strategy
2. Work package estimates
3. Detailed resource estimates
4. The business need for the project 6

Q7. As the project manager of a development project, you are aware that there is a slight defect in the developed product; as a result, it will fail to meet certain regulatory standards. This was due to faulty requirements. You are also aware that the product will continue to function properly even though it fails to meet those standards. Your customer manager asks you to certify that the product meets the necessary regulatory standards, stating that this will not be verified when the report is submitted to the necessary authorities. Your stance is that:

1. You certify the product. Regulations are only guidelines in the industry. Not meeting a regulation does not mean anything.
2. As a one-off instance, you will certify the product to make sure the project goes through successfully.
3. You will not certify that a product meets certain regulations when it does not, even though the product continues to function well.
4. You certify the product, but you document your conversation with your customer manager for future purposes.

Q8. Earned Schedule (ES) is an extension to the theory and practice of EVM. Earned schedule theory replaces the schedule variance measures used in traditional EVM with ES and actual time (AT). Using the alternate equation for calculating schedule variance:

1. AT – ES
2. EV – PV
3. PV – EV
4. ES – AT

Q9. Chris is managing a construction project. The project team is currently developing the “as built” construction drawings to be supplied to the client as required by the contract. Which of the following phases is Chris’ project most likely in?

1. Initiating
2. Planning
3. Closing
4. Executing

Q10. A project manager was involved in preparation of the project charter for an external project. One of the inputs to the project charter was a statement of work (SOW). The SOW may have been received from the customer as part of any of the following except:

1. As part of a request for information
2. As part of the business case
3. As part of a request for proposal
4. As part of a contract