Project Management Question Bank
for Exam preparation

Q2. At a critical design review meeting for a large project, several important issues surfaced. After hearing about a major technical problem, one of the subcontractor’s engineers mentions that he experienced a similar situation on another project, he has some ideas on how to solve the current problem. What type of power is the engineer using?

1. Manipulative
2. Formal
3. Expert
4. Referent.

Q3. You have finished the Plan Risk Responses process and are left with residual risks. What should you do with them?

1. Document them in the risk register and revisit them during project executing
2. Deal with them as they arise during project executing
3. Include them as part of the contingency plans
4. Perform a sensitivity analysis on them.

Q4. You have been hired as a consultant for a project that is in trouble. You meet the project manager and ask several questions regarding the project budget, the project end date, etc. The project manager was not able to answer some of these questions properly, so you decided to verify them yourself. What document will you refer to in order to verify such facts?

1. Project management plan
2. Cost and schedule baselines
3. Project charter
4. Performance report

Q5. On-demand scheduling is one of the techniques used in agile environments. This type of scheduling ______ work from a backlog as resources become available.

1. Extrapolates
2. Predicts
3. Pulls
4. Pushes

Q6. You are managing an oil-drilling project. With oil at $143 per barrel, this could be a highly lucrative project. However, there is a chance that the price of oil will drop below $105 per barrel, which would eliminate the profit in the project. This is an example of:

1. Requirement
2. Assumption
3. Risk
4. Constraint

Q7. The scope of work in a project could not be clearly defined. There was also a strong possibility that the scope would change during the course of the project. Which type of contract would suit this type of situation?

1. Fixed-price with economic price adjustment contract
2. Fixed-price contract
3. Cost-reimbursable contract
4. Fixed-price incentive contract

Q8. You have been assigned as project manager for a large project. This project has a very large numbers of stakeholders and you have to identify and analyze each of them. What is the best time to identify the project stakeholders?

1. Before developing the project management plan
2. After developing the project management plan
3. Before starting the executing phase
4. Before the collect requirement process

Q9. You are using an analytic tool to find the strengths and weaknesses of alternatives to determine the best option in terms of benefits provided. What tool is this?

1. SWOT analysis
2. Prototype
3. Benchmarking
4. Cost benefit analysis

Q10. During the Control Procurements process, a number of documents might get updated due to various reasons. Which of the following components of the project management plan is least likely to get updated during this process?

1. Quality management plan
2. Procurement management plan
3. Schedule baseline
4. Cost baseline