Project Management Question Bank
for Exam preparation

Q2. During risk planning, you encounter a risk that you find difficult to manage; therefore, you make small changes to your project management plan to eliminate the risk. Which risk response strategy are you using here?

1. Avoid
2. Mitigate
3. Accept
4. Exploit

Q3. You are assigned as the project manager in the middle of a project. The project is within the baselines, but the customer is not happy with the performance of the project. What is the FIRST thing you should do?

1. Discuss it with the project team.
2. Recalculate the baselines.
3. Renegotiate the contract.
4. Meet with the customer.

Q4. Statistical sampling involves choosing part of a population for inspection. Appropriate sampling can often ___________the cost of quality control.

1. Neutralize
2. Reduce
3. Increase
4. Mitigate

Q5. A project manager has a large team consisting of people from many functional areas of the company. The BEST method to get the team’s cooperation is to use _______ power.

1. Formal
2. Penalty
3. Reward
4. Referent.

Q6. You have been hired by ABC Inc. and appointed as a project manager for their new project. The project charter has been signed and currently you are busy with preparing a detailed description of your project and the product. The description is in detail, the final requirements are identified, the product boundaries are defined, and you have outlined what is included and what is excluded. Once you complete this process, which of the following documents will you not update next?

1. Issue log
2. Stakeholder register
3. Requirements documentations
4. Requirement traceability matrix

Q7. Originally a project has seven activities: A, B, C, D, E, F, and G. Activities A, B, and D can start anytime. Activity A takes three weeks, activity B takes five weeks, and activity D takes 11 weeks. Activities A and B must be completed before activity C can start. Activity C takes six weeks to complete. Activities B, C, and D must be completed before activity E can start, and activity E takes two weeks. Activity F can start as soon as activity C completes and has duration of four weeks. Activity G takes three weeks and cannot start until activity E is completed. Activities F and G must be completed for the project to be completed. However, during project executing, a dependency was discovered between activities E and F. What is the BEST thing to do?

1. Tell management that the project will take longer than 18 weeks.
2. Redo schedule development
3. Call a team meeting and determine if crashing or fast tracking are possible solutions to meeting the original schedule
4. Call a meeting of stakeholders and communicate schedule risks.

Q8. In regards to WBS, which of the following is the correct way to decompose the project scope?

1. Total scope -> planning package -> control account -> work package
2. Total scope -> control account -> work package -> planning package
3. Total scope -> control account -> planning package -> work package
4. Total scope -> Work package -> control account -> planning package

Q9. You have a large, multi-year project. Because of the large scope and duration, you decide that you will plan near term work in detail, and for the rest, you will make a high-level plan. Once you move ahead you will plan, in detail, for that work. This is an example of:

1. Rolling wave planning
2. Ball park planning
3. Near wave planning
4. Just in Time

Q10. If you are working on a project with constantly changing scope, which type of contract would work best when hiring an outside vendor to complete a portion of the work?

1. Lump sum
2. Cost-reimbursable
3. Time and material
4. Fixed price