Project Management Question Bank
for Exam preparation

Q2. A definitive estimate is:

1. A level of estimating that can be achieved without a team’s help.
2. Created during the initiating process group.
3. Within a range of -10 percent to +25 percent of actual.
4. The most expensive to create.

Q3. The fundamental lesson from the Theory of Constraints by Goldratt is:

1. The project’s critical path is limited by the non-critical activities.
2. Managers who choose to lead from the front are more successful.
3. A system's throughput is limited by at least one constraint.
4. Managers who delegate more are more successful.

Q4. Which of these is not a data gathering technique used in the Identify Risks process?

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

Q5. You have just completed a solid waste management project in an underdeveloped country. The contractor you are working for has a strict policy of abiding by local laws and rules although the local resources working on the project have a much more lax approach to following laws and policies. Now at the end of the project, you are handing over the operational equipment to the local operators and disposing of the leftover inventory and other materials that were used during the project. More than 50 percent of the toxic materials used during the project remains in your inventory. There is no law that would prohibit you from disposing of either the type or quantity of remaining materials in the local sewage system. What should you do?

1. Give the material to local resources to dispose of by selling it to a recycling facility
2. Do not dispose of the materials improperly
3. Dispose of the material in the local sewage system; there is no law applicable here
4. Abandon the materials in the project facility you are handing over to the local operators

Q6. The approximate resource costs necessary for completing project activities are compiled during which project management process?

1. Cost Reserve Analysis
2. Estimate Costs
3. Cost aggregation
4. Forecasting.

Q7. A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project?

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

Q8. Which of the following defines the total scope of the project and represents the work specified in the current approved project scope statement?

1. Work Breakdown Structure (WBS)
2. Bill of Material (BOM)
3. Project Charter
4. Requirements Breakdown Structure (RBS)

Q9. How can a project manager ensure continued active support of the project supporters and at the same time minimize negative impacts from the negative stakeholders?

1. By ensuring that stakeholders clearly understand the communication management plan
2. By ensuring that stakeholders clearly understand the stakeholder management strategy
3. By ensuring that stakeholders are kept disengaged throughout the project lifecycle
4. By ensuring that stakeholders clearly understand project goals, objectives, benefits, and risks

Q10. The project has been going relatively well, although there have been some problems with resource availability and the project scope has changed more than was expected. The project is now completing one of its phases. Of all decisions the sponsor must consider during and end-of-phase review meeting, the MOST difficult is:

1. Authorizing scope change for the next phase
2. Authorizing budget increases for the next phase based on scope changes
3. Cancelling the project
4. Decreasing scope to maintain budget