Project Management Question Bank
for Exam preparation

Q2. All of the following are tools of Perform Quality Control EXCEPT:

1. Cost of quality
2. Inspection
3. Control charts
4. Flowcharting

Q3. During the execution phase, some equipment fails; the risk owner implements the contingency plan and brings in new equipment immediately from an identified supplier. This is an example of:

1. Unknown risk
2. Known risk
3. Secondary risk
4. Residual risk

Q4. A project manager is spending most of the project funding in the current phase of the project. The manager is also managing various resources in the project. What is the stakeholder influence on the project now compared to earlier phases?

1. Cannot be determined
2. More
3. Less
4. Same

Q5. During which project management process group are budget forecasts created?

1. Monitoring and controlling
2. Planning
3. Initiating
4. Executing

Q6. A project manager is quantifying risk for her project. Several of her experts are offsite, but wish to be included. How can this be done?

1. Use Monte Carlo analysis using the Internet as a tool
2. Apply the critical path method
3. Determine options for recommended corrective action
4. Apply the Delphi technique.

Q7. Analogous estimating:

1. Uses bottom-up estimating techniques
2. Is used most frequently during the executing processes o the project.
3. Use top-down estimating techniques
4. Uses actual detailed historical costs

Q8. You receive 25 new computers from the seller, but were expecting only 20. In looking at the contract, you see that it says “sellers to provide twenty (20) computers.” What should you do FIRST?

1. Issue a change order through the contract manager
2. Return the five extra computers
3. Make payment for the 25 computers
4. Call the seller and ask for clarification

Q9. Contingency Reserves are estimated costs to be used at the discretion of the project manager to deal with:

1. Scope creep
2. Anticipated but not certain events
3. Unanticipated events
4. Anticipated and certain events

Q10. Determining cost and schedule reserves, identifying risks requiring the most attention, and determining the overall project risk exposure are all part of the processes of Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, and:

1. Plan Risk Responses.
2. Control Risks.
3. Identify Risks.
4. Plan Risk Management