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Project Management Question Bank
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Question:

A seller was notified they were one of the selected sellers based on their proposal. The seller immediately circulated an internal newsletter stating they had just been awarded a large contract for a period of five years. Would the newsletter be factually correct?
  1. It is likely that the newsletter is factually incorrect. While the seller has been selected for the work, it is unlikely that the term of the project would have been five years.
  2. It is likely that the newsletter is factually incorrect. A selected seller is one whose proposal is judged to be in a competitive range. It does not mean they have the work.
  3. The newsletter is likely factually incorrect. A selected seller is one whose proposal has been accepted, and a contract has been completed pending signatures of the authorized parties.
  4. The newsletter is likely factually correct. A selected seller is one who has a contract based on the procurement process.






Q2. If you are writing a proposal for additional funding, which communication style should you choose?

  1. Formal and horizontal
  2. Formal and upward
  3. Informal and downward
  4. Informal and horizontal
Correct Answer

Q3. You are a project manager for a small construction project. Your project was budgeted for US $72,000 over a six week period. As of today, you’ve spent US $22,000 of your budget to complete work that you originally expected would cost US $24,000. According to your schedule, you should have spent US $30,000 by this point. Based on these circumstances, your project could be BEST described as:

  1. Under budget
  2. Over budget
  3. On budget
  4. Not having enough information provided.
Correct Answer

Q4. Diana is managing the development of a mobile phone application. Half the project work has been completed. Diana is currently reviewing her stakeholder engagement plan. She finds that some of the resisting stakeholders have now become supportive. How should Diana update her stakeholder engagement plan?

  1. Do not update the stakeholder engagement plan at this stage since things are getting better.
  2. Transfer these stakeholders to the project supporters group, and for these stakeholders, adopt the stakeholder engagement strategy defined for the project supporters.
  3. For these stakeholders, continue with the defined resisting stakeholder engagement strategy since this strategy has produced positive results so far.
  4. Transfer these stakeholders to the project supporters group but continue with the defined resisting stakeholder engagement strategy with these stakeholders.
Correct Answer

Q5. The Plan-Do-Check-Act (PDCA) cycle as the basis for quality improvement is usually attributed to:

  1. Deming
  2. Crosby
  3. Juran
  4. Pareto
Correct Answer

Q6. Rodney is in the process of preparing the project performance report for the team meeting. He is expecting many questions from his stakeholders on the budget and schedule. He calculates the following values: Budget at Completion (BAC) = $22,000, Earned Value (EV) = $13,000, Planned Value (PV) = $14,000, Actual cost (AC) = $15,000. What is the Estimate at Completion (EAC) for the project, if the work is performed at the budgeted rate?

  1. $24,000
  2. $36,000
  3. $22,500
  4. $37,000
Correct Answer

Q7. All of the following are part of the Perform Quality Control process EXCEPT:

  1. Pareto chart
  2. Control charts
  3. Inspection
  4. Quality audits.
Correct Answer

Q8. A project manager has made a change to the project. What should she do NEXT?

  1. Assign resources
  2. Revise the project management plan and/or project documents
  3. Evaluate impact
  4. Request change control board involvement
Correct Answer

Q9. The project manager has completed the Plan Risk Responses process, and has identified risk management strategies with the team. The team’s manager has asked for the amount of risk reserves needed for the project. What is the FIRST thing the project manager should do?

  1. Create the risk reserves
  2. Prioritize the list of risks
  3. Create the overall risk rating for the project
  4. Determine secondary risks.
Correct Answer

Q10. Due to an improper cost management plan, you are over budget and a new estimate is required to complete the project. Management asks you what the new estimate for the project will be. Which of the following formulas is not used to find this new estimate?

  1. BAC / CPI
  2. AC + (BAC – PV)
  3. AC + (BAC – EV)
  4. AC + (BAC – EV) / (CPI * SPI)
Correct Answer








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