Project Management Question Bank
for Exam preparation

Q2. A watch list is an output of which risk management process?

1. Plan Risk Responses
2. Perform Quantitative Risk Analysis
3. Perform Qualitative Risk Analysis
4. Plan Risk Responses.

Q3. You are halfway through a major network rollout. There are 300 locations in the United States, with another 20 in England. A software seller has just released a major software upgrade for some of the equipment being installed. The upgrade would provide the customer with functionality they requested that was not available at the time the project began. What is the BEST course of action under these circumstances?

1. Continue as planned, your customer has not requested a change
2. Inform the customer of the upgrade and the impacts to the project’s timeline and functionality if the upgrade is implemented
3. Implement the change and adjust the schedule as necessary because this supports the customer’s original request
4. Implement the change to the remaining sites and continue with the schedule.

Q4. Which of the following is NOT needed in order to come up with a project estimate?

1. A WBS
2. A network diagram
3. Risks
4. A change control system

Q5. To create a quality product, the project management team invested in training the project team members and purchasing high-end equipment. Such costs are:

1. Failure costs
2. Costs of Nonconformance
3. Appraisal costs
4. Prevention costs

Q6. You were in the middle of a two-year project to deploy new technology to field offices across the country. A hurricane caused power outages just when the upgrade was near completion. When the power was restored, all of the project reports and historical data were lost with no way of retrieving them. What should have been done to prevent this problem?

1. Purchase insurance
2. Plan for a reserve fund
3. Monitor the weather and have a contingency plan
4. Schedule the installation outside of the hurricane season.

Q7. Breaking down project activities into smaller components in order to obtain a more accurate cost estimate and then aggregating the estimates of the lower-level components is:

1. Work breakdown structure
2. Analogous estimating
3. Decomposition
4. Bottom-up estimating

Q8. Your project has a cost performance index (CPI) of 1.1, and a schedule performance index (SPI) of 1.03. All the deliverables to date have been completed to the customer’s satisfaction. Getting formal acceptance of the project management plan was difficult because the schedule was compressed beyond reason. Actvity B has float of 2 weeks, activity C has float of zero, activity D has zero float and activity E is being done by a new employee and has a float of 3 weeks. The hardest part of the project is about to start and even the project management office has asked you to increase your management oversight and report more often on the status of the project. In preparing your report you find out that the team member completing activity D reports a one day delay, the team member completing activity D reports that the material needed t o complete the activity has not arrived. The team member for activity B tells you his activity will be delayed by two days because the customer has delayed formal acceptance during the Validate Scope process. Another team member reports that the earned value-related trend report is favorable. What would you do if you were the project manager?

1. Investigate why it was difficult to get formal acceptance of the project management plan and whether that problem added any risks to the project.
2. Hold a meeting to walk through the upcoming difficult activities with those doing the work.
3. Investigate the reason for the delayed material and the effect on the project
4. Reassign resources from noncritical path activities to critical path activities and meet with the customer about activity B.

Q9. PMBOK recognizes five process groups typical of nearly all projects. Which of the following is not one of them?

1. Executing
2. Monitoring and Controlling
3. Planning
4. Pre-Inception

Q10. The project manager has performed schedule network analysis, compressed the schedule and completed a Monte Carlo analysis. What schedule management activity should be done NEXT?

1. Update resource requirements
2. Recommend corrective actions
3. Estimate Activity Durations
4. Create a milestone list