Project Management Question Bank
for Exam preparation

Q2. The line in the middle of a control chart is called the:

1. Mean
2. Specification limit
3. Rule of seven
4. Upper and lower control limit.

Q3. Apart from the difference in the overall governance approach used for the projects performed under the predictive and adaptive lifecycles, the project manager should also be familiar with:

1. The difference in the cost/benefit analysis techniques in both approaches.
2. The tools and techniques used in both approaches.
3. The difference in the quality standards in both approaches.
4. The risk management processes used in both approaches.

Q4. 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

Q5. Which of the following BEST describes product analysis?

1. Working with the customer to determine the product description.
2. Mathematically analyzing the quality desired for the project.
3. Gaining a better understanding of the product of the project in order to create the project scope statement.
4. Determining if the quality standard on the project can be met.

Q6. A project manager is appointed to head highly technical project in an area with which this person has limited familiarity. The project manager delegates the processes of Develop Schedule, Estimate Costs, Define Activities, and Estimate Activity Resources to various project team members, and basically serves as an occasional referee and coordinator of activities. The results of this approach are likely to be:

1. A team that is not highly productive, but that stays together because of the work environment created by the project manager.
2. A team that is characterized by poor performance, low morale, high level of conflict and high turnover
3. A team functioning throughout the project at a very high level, demonstrating creativity and commitment.
4. A team that initially experiences some amounts of confusion but that after a period of time becomes a cohesive and effective unit

Q7. The cost of choosing one project and giving up another is called:

1. Fixed cost
2. Sunk cost
3. Net present value (NPV)
4. Opportunity cost 6

Q8. Which of the following is an output of the Define Activities process?

1. Milestone list
2. Project schedule activity diagrams
3. Resource calendar
4. Activity duration estimates

Q9. Inputs to the Report Performance process include all of the following EXCEPT:

1. Completion forecasts.
2. Change requests.
3. Details of work performance.
4. Deliverable status

Q10. The client has given you a project to build a research center for him. You have met with all stakeholders, noted down their requirements, and you are now deciding which requirements should be included in the project and which should not. What process is this?

1. Identify stakeholders
2. Collect requirements
3. Define scope
4. Define requirements