Project Management Question Bank
for Exam preparation

Q2. A project manager received executive orders to deliver the project two weeks earlier than scheduled, doing whatever it takes. He decided that the least costly means would be to add resources to critical path activities in order to shorten the time of those activities. In this case, the project manager has:

1. Fast tracked the critical path part of the project schedule
2. Decomposed the critical path WBS
3. Leveled resources
4. Crashed the critical path

Q3. As per the chart, the resource completing activity E is not performing very well. After much argument, the functional manager agrees to assign a different resource to activity E, but this will increase activity E’s duration to seven months. What is the effect of this change?

1. None, because activity E was not on the critical path
2. The project will be delayed because activity E is on the critical path
3. The project will be delayed because activity E has float of five
4. None, because activity E has float of four.

Q4. Lucy has recently been assigned as the project manager for a new shopping mall construction project. Since the project will span well over five years, Lucy is a bit hesitant to use the current market rates for estimating construction materials cost. The prices have been steadily increasing and the current market rates might not remain valid in the future. Which of the following techniques can Lucy apply to determine her project budget?

1. Conduct a trend analysis on the cost of materials and use that to extrapolate the cost of materials in the future.
2. Determine the cost of the project using current market rates and increase the total budget by some factor.
3. Compute the Net Present Value of the cost of materials and use that to determine the project budget.
4. Use Rolling Wave Planning to determine the budget as the project progresses.

Q5. When is it BEST to perform the Close Project or Phase process?

1. At the beginning of the project with verification throughout the project.
2. At the end of project planning
3. During project closure
4. At the end of each project phase

Q6. A project manager is trying to settle a dispute between two team members. One says the systems should be integrated before testing, and the other maintains each system should be tested before integration. The project involves over 30 people, and 2 systems need to be integrated. The sponsor is demanding that integration happens on time. What is the BEST statement the project manager can make to resolve the conflict?

1. Do it my way.
2. Let’s clam down and get the job done.
3. Let’s deal with this again next week after we all calm down.
4. Let’s do limited testing before integration and finish testing after integration.

Q7. A functional manager in your organization has recently filed a complaint against a junior project manager regarding his project management certification. The functional manager claims that the PMP certification claimed by the junior project manager is invalid and needs to be checked. What should be your response as a senior project manager?

1. Report to PMI
2. Suspend the junior project manager
3. Ask your project manager to provide evidence for his/her PMP certification
4. Ask your functional manager to provide evidence for his argument

Q8. A project manager is unsure of how much cost reserve to add to the project. There is a 50 percent chance of a weather delay causing an impact of US $100,000 and a 30 percent chance of a delay in the testing center with a US $20,000 impact. How much should the cost reserve be?

1. Less than $50,000
2. More than $120,000
3. Less than $20,000
4. More than $56,000

Q9. You have assumed responsibility for a complex, business-critical project involving new technology and approaches. All of the project’s stakeholders have emphasized to you that this is a high-risk effort, and that you are responsible for effectively identifying and addressing the project’s risks. There are a number of risk management tools and approaches you have been encouraged to use, but there is no agreement from the stakeholders as to which is the superior approach. The organization sponsoring the project has recommended risk management methodologies and templates, but does not consistently or effectively use them. In addressing risk management planning for this project, what is the MOST important consideration you should keep in mind?

1. Ensure risks have been identified and mitigation strategies have been developed for the most important ones.
2. Complete at least a moderately thorough examination of available risk management tools and methodologies to select the best ones for the project.
3. Create a high quality risk management plan and risk response plan.
4. Tailor the level, type and visibility of risk management to match the risks associated with the project and the project’s importance.

Q10. Many organizations consider contract administration to be an administrative function separate from the project organization. Who carries out the function of contract administration in such organizations?

1. The Project Manager
2. The Procurement Advisor
3. The Procurement Administrator
4. The Contract Advisor