Project Management Question Bank
for Exam preparation

Q2. Testing the entire population:

1. Take too long.
2. Provide more information than wanted.
3. Be mutually exclusive.
4. Show many defects.

Q3. Instead of celebrating the end of the project, the stakeholders are breathing a sigh of relief. None of them were confident the product would meet the end date. Which of the following is NOT one of the reasons this project had difficulty?

1. Lack of payback period
2. Lack of milestones
3. Lack of a communications management plan
4. Lack of a staffing management plan

Q4. 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

Q5. You have been given a multi-year project to build a refinery. This is a very large and complex project, and you now need to estimate the cost for this project. What basic assumption will you need to make while estimating the cost for this project?

1. If you get the project budget in phases
2. You will be given all costs and resources at the beginning of the project
3. Whether the estimate will be limited to direct costs or if it will include the indirect costs as well
4. If the project schedule is fixed or based on events

Q6. The project manager has just received a change from the customer that does not affect the project schedule and is easy to complete. What should the project manager do FIRST?

1. Make the change happen as soon as possible.
2. Contact the project sponsor for permission.
3. Go to the change control board.
4. Evaluate the impacts on other project constraints.

Q7. When planning risk responses, the strategy of changing the project management plan to eliminate the risk is known as:

1. Avoidance
2. Transference
3. Mitigation
4. Acceptance

Q8. Which of the following is NOT a valid WBS creation approach:

1. Parametric approach
2. Top-down approach
3. Use of organizational guidelines
4. Use of WBS templates

Q9. Though it was difficult, the project manager received agreement to the project charter from all four sponsors involved on the project and the US $400,000 project was approved. Now the cost variance for the project is -$500 and the last performance review was positive. Just when the project entered its second phase, a team member on a noncritical path activity announced she was leaving the company. The float of activity L changed from two to four days. Only one unidentified risk has occurred with a minor impact. The last quality review showed that the project has made use of the results of the last design of experiments. Based on this information, what should the project manager do NEXT?

1. Complete closure of the first phase
2. Fast track the project to add more float
3. Review the management plans
4. Investigate additional risks caused by the difficulty with the senior managers.

Q10. Which of the following is not a true statement about control charts?

1. Control charts can be used to establish, as well as maintain process control.
2. Control charts are used to determine acceptance limits when no limits when no limits are stipulated by th eproduct specification; otherwise, one should use the limits dictated by the specification.
3. All data points outside the control chart limits are variations explained by assignable causes.
4. B and C.