Project Management Question Bank
for Exam preparation

Q2. A project may be selected based on all of the following EXCEPT:

1. Benefit measurement
2. Net present value (NPV)
3. The number of resources used
4. Value analysis

Q3. To manage a project effectively, work should be broken down into small pieces. Which of the following does NOT describe how far to decompose the work?

1. Until it has a meaningful conclusion
2. Until it cannot be logically subdivided further
3. Until it can be done by one person
4. Until it can be realistically estimated

Q4. Jim is managing a road network design project for a government agency. He is currently carrying out the Plan Stakeholder Engagement process for the project. Which of the following documents will provide the list of project stakeholders to Jim for this process?

1. Organizational process assets
2. Project management plan
3. Stakeholder register
4. Enterprise environmental factors

Q5. Which of the following is not an enterprise environmental factor influencing the Develop Project Management Plan process?

1. Project management body of knowledge
2. Governmental or industry standards
3. Project Management Plan template
4. Legal and regulatory requirements

Q6. There are a number of risks that have been identified in your project. The team has decided not to change the project plan to deal with the risks, but they have established a contingency reserve of money in the event something triggers these risks. This is an example of what type of risk mitigation technique?

1. Contingent Response Strategy
2. Active acceptance
3. Passive acceptance
4. Avoidance

Q7. What is the best way to show, at a glance, all the work packages or project activities assigned to a specific organizational department?

1. Organizational Breakdown Structure
2. RACI chart
3. Work Breakdown Structure
4. Roles and Responsibilities Chart

Q8. Which of the following processes belong to the planning process group?

1. Identify Stakeholders
2. Manage Stakeholder Engagement
3. Plan Stakeholder Engagement
4. Monitor Stakeholder Engagement

Q9. You are trying to decide whether to lease or buy an item for your project. The daily lease cost is US $150. The investment cost to purchase the item is US $2,000, and the daily cost is US $50. In how many days will the lease cost be the same as the purchase cost?

1. 10
2. 15
3. 20
4. 25

Q10. A project has a schedule reserve of 28 days when the customer adds scope not previously planned for. The change has a 40 percent chance of delaying the project by an additional 14 days. What should be done?

1. Add more resources to the project.
2. Look for ways to cut 14 days of work from another activity.
3. Add 5.6 days to the schedule reserve.
4. Plan to add 14 days of overtime to the project.