Project Management Question Bank
for Exam preparation

Q2. When one factor used to determine the effort required to produce a unit of work is increased while all other factors remain fixed, a point will eventually be reached at which additions of that one factor start to yield progressively decreased productivity. This is known as:

1. The 100 percent rule
2. The Pareto Law
3. The law of diminishing returns
4. The theory of constraints

Q3. Nate is the project manager for a research and development project. According to the project communication management plan, Nate has to call in weekly project progress update meetings. The last few meetings were a disaster since more time was spent in arguments and less on decisions. Which of the following techniques does Nate need to quickly acquire?

1. Presentation techniques
2. Listening techniques
3. Writing style
4. Meeting management techniques

Q4. Which of the following is an output of the Collect Requirements process?

1. Requirements traceability matrix
2. Project scope statement
3. Work breakdown structure
4. Requested scope changes

Q5. The project management plan is LEAST useful for which of the following?

1. Guiding project execution
2. Documenting planning assumptions
3. Facilitating communication among stakeholders
4. Developing the project charter

Q6. When are risk identification activities performed?

1. During the Perform Qualitative Risk Analysis process
2. During the Plan Risk Management process
3. During the Perform Quantitative Risk Analysis process
4. Ongoing throughout the project

Q7. You have a choice of four ongoing projects that you can take over as project manager. Project 1 has a benefit cost ratio (BCR) of 1.4, is a high priority project and has a critical path length of 16 months. Its cost performance index (CPI) is 1.2. Project 2 has a schedule performance index (SPI) of 1.1, is using three critical resources, has a low priority, and has a BCR of 1.1. Project 3 has a CPI of 1.2, an SPI of 0.89, a BCR of 1.6, and a critical path length of 19 months. Project 4 has a CPI of 0.82, an activity with 33 days of float, a hard-to-get resource assigned to activity L, and a priority of keeping cost low. Based on the above, which project would you prefer to take over?

1. Project 1
2. Project 2
3. Project 3
4. Project 4

Q8. A project is 50 percent complete when a schedule constraint is identified. Which of the following should be done FIRST?

1. Revisit all activities that have not yet started
2. Use a simulation technique such as Monte Carlo analysis, to calculate a distribution of probable results of the total project.
3. Rebaseline the project management plan to determine impacts on schedule, cost, and scope.
4. Level resources on the remaining activities to determine resource variances.

Q9. A project is contracted on a Cost-Plus-Incentive-Fee (CPIF) basis. The contract states that if the final costs are less than expected costs, the sharing formula for cost savings is 80:20. The targeted cost is US$500,000 with a 10 percent fee. If the project comes in at US$450,000, what would be the total cost of the contract?

1. US$495,000
2. US$510,000
3. US$505,000
4. US$550,000

Q10. You are working on a project with all the team members located in geographically different areas, and all communication is by email and chat. It is sometimes hard to infer the true meaning of these messages because you cannot see facial expressions or hear tones of voice. This is an example of:

1. Encoding
2. Medium
3. Decoding
4. Noise