Project Management Question Bank
for Exam preparation

Q2. A project manager has increased project costs by US $100,000, but completed the project four weeks earlier than planned. What activity is BEST described here?

1. Resource leveling
2. Schedule compression
3. Critical chain
4. Adjusting leads and lags

Q3. Which of these is not a data gathering technique used in the Identify Risks process?

1. Interviewing
2. Checklists
3. Brainstorming
4. Delta technique

Q4. While the five process groups are usually completed in order, they often overlap with each other throughout the project. Which two process groups usually do not overlap during the course of the project?

1. Initiating and Closing
2. Initiating and Executing
3. Initiating and Monitoring and Control
4. Planning and Closing

Q5. The Quality Policy is the intended direction of a performing organization with regard to quality. However, as a project manager in a performing organization, you find the organization lacks a formal quality policy. What should you do in such a case?

1. The project management team does not need to develop a quality policy since the performing organization does not have one.
2. The project management team needs to obtain the quality policy from the customer.
3. A quality policy is nice to have but is not required for every project.
4. The project management team will need to develop a quality policy for the project.

Q6. Crashing helps you bring the project back on schedule if it is late. Which of the following statements is true about crashing?

1. Crashing should be done on the critical path
2. Crashing does not increase the cost
3. In crashing, you don’t start activities in parallel
4. All of the above

Q7. Rodney is in the process of preparing the project performance report for the team meeting. He is expecting many questions from his stakeholders on the budget and schedule. He calculates the following values: Budget at Completion (BAC) = $22,000, Earned Value (EV) = $13,000, Planned Value (PV) = $14,000, Actual cost (AC) = $15,000. What is the Estimate at Completion (EAC) for the project, if the work is performed at the budgeted rate?

1. $24,000
2. $36,000
3. $22,500
4. $37,000

Q8. The project has been challenging to manage. Everyone has been on edge due t pressure to complete the project on time. Unfortunately, the tension has grown to the point where team meetings have become shouting matches and little work is accomplished during the meetings. One team member asks to be excused from future meetings, as all the shouting upsets him. Meanwhile, the sponsor has asked to attend team meetings in order to better understand how the project is going and issues involved in completing the project, and the customer has started discussions about adding scope to the project. In this situation, it would be BEST for the project manager to:

1. Ask the sponsor if the information needed could be sent in a report rather than have him attend the meeting
2. Inform the team member who asked to be excused from the meeting of the value of communication in such meetings
3. Create new ground rules for the meetings and introduce them to the team
4. Hold a team building exercise that involves all the team members.

Q9. You are working with your customers on completing deliverables in your electronic parts manufacturing project. Since these parts will be exported to other countries, they will need more testing before your customers accept them. In this scenario, which of the following statements about the completed deliverables is correct?

1. Completed deliverables not accepted by customers must be forwarded to the close project or phase process.
2. Deliverables formally accepted by customers must be moved to organizational process assets.
3. Deliverables formally accepted by customers are forwarded to the validate scope process.
4. Completed deliverables not accepted by customers must require a change request for defect repair.

Q10. Which of the following processes produces a Risk Register?

1. Perform Quantitative Risk Analysis
2. Plan Risk Management
3. Perform Qualitative Risk Analysis
4. Identify Risks