Project Management Question Bank
for Exam preparation

Q2. Jane is currently reviewing a list of project proposals. All the proposed projects achieve some of the organizational strategic objectives and their expected costs are known. However, Jane cannot execute all the projects due to the funding limitation. How shall Jane determine which projects she needs to execute this year?

1. Select the high-budget projects and drop the low-budget projects
2. Select the low-budget projects and drop the high-budget projects
3. Select the projects that maximize organizational revenue
4. Select the projects that maximize the business value

Q3. A project manager is working on his first project with outside sellers. He is familiar with project change control systems but not contract change control systems. In explaining how a contract change control system differs from a project change control system, it is BEST to point out that a contract change control system:

1. Includes procedures
2. Includes trend analysis
3. Requires more sign-offs
4. Requires less documentation.

Q4. Which process is concerned with providing forecasts to update current cost information?

1. Monitor and Control Project Work
2. Project Management Information System
3. Close Project or Phase
4. Direct and Manage Project Work

Q5. You manage the construction of a new airport in your home country. Since your organization does not have experience deploying the sophisticated air-traffic control system, you outsourced this to a specialist organization. PMBOK’s Procurement Management knowledge will help you successfully administer this deal; however, for the supplier of the system, all the PMBOK processes will apply since this will be a complete project for the supplying organization. Which of the following will be a common denominator between your project and the supplier projects?

1. Project management plan
2. Supply agreement
3. Project’s scope of work
4. Budget for the air-traffic control system

Q6. A discretionary dependency is one that is based on:

1. Experience
2. The needs of someone outside the project
3. The nature of the work being done
4. The needs of the project sponsor

Q7. Kevin is assigned to a software development project that will start in the near future and is currently tailoring the PMBOK processes to satisfy the project’s specific needs. Kevin wants to introduce a new process, “Identify Key Deliverables”, to the existing six project scope management processes. Although he understands that project deliverables identification is already in the PMBOK scope management processes, he believes that having a dedicated process will stress the importance of determining and agreeing to key project deliverables. The best position for the new “Identify Key Deliverables” process should be between which of the following two processes?

1. Define Scope and Create WBS
2. Create WBS and Validate Scope
3. Plan Scope Management and Collect Requirements
4. Collect Requirements and Define Scope

Q8. You have one document which hierarchically categorizes labor, equipment, and materials, etc. This document is known as:

1. RBS
2. Resource calendar
3. RACI matrix
4. RAM chart

Q9. You have been appointed a project manager for ABC Inc. and are given a project. While in the planning stage, you find that your organization is lacking the skills and manpower to complete a part of the work and the scope is also unclear. You decide to contract this work to a third party. What kind of contract will you select in this case?

1. Cost reimbursable
2. Time & material
3. Fixed fee
4. PO

Q10. Having to constantly push the team to perform is an example of a LACK of:

1. Project continuity
2. Team buy-in
3. Management support
4. Team accord