Project Management Question Bank
for Exam preparation

Q2. A project manager needs to determine if the manufacturing process planned for the new micro-satellites will meet quality standards. Each satellite takes about three days to manufacture and costs US $125,000. The satellites are so small that inspection would destroy them. Under these circumstances, what should the project manager do?

1. Outsource the inspection to another company with more expertise.
2. Evaluate the attributes of the population.
3. Inspect a sample of the satellites.
4. Decrease the cost of quality.

Q3. Which of the following is NOT a knowledge management tools and technique?

1. Networking
2. Change requests
3. Knowledge fairs and cafes
4. Storytelling

Q4. You are managing an electronic chip design project for a customer. There are a number of engineers and subject matter experts from the customer’s organization that have been assigned as resources to the project plus several additional design engineers that your company has supplied. All the engineers were involved in the development of a prototype chip, an extremely time-consuming and expensive process. Upon the completion of the prototype, you submit it for review to ensure there are no patent infringement issues with the design. However, the review determines there are several issues that could result in an intellectual property dispute with the patent owners should the prototype design be released commercially. Resources from your company developed the affected prototype elements, as well as from your customer’s organization. What should you do?

1. Ask the engineers to revise the design and resubmit it
2. Notify the project stakeholders immediately
3. Request permission to use the copyright material
4. Submit the prototype as is since the budget and schedule do not accommodate rework

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. Senior management is complaining that they are not able to easily determine the status of ongoing projects in the organization. Which of the following types of reports would help provide summary information to senior management?

1. Detailed cost estimates
2. Project management plans
3. Bar charts
4. Milestone reports

Q7. A project manager working for a construction company works closely with a design firm. Part of his responsibility is to negotiate and approve bid documents with the design firm. The design firm offers the project manager a job with the firm, which he accepts. When the project manager gives his two weeks’ notice to the construction company, he is not asked nor does he mention that the design firm will employ him. For the next two weeks, the project manager continues to negotiate and approve bids and designs submitted by the design firm. In this situation:

1. The departure of the project manager provides both companies with benefits by allowing the companies to strengthen their relationship and enhance communication
2. The construction company did not ask and the project manager is not obligated to inform the company of his new job description
3. There is a conflict of interest.
4. The project manager is required to inform the construction company in his departure interview.

Q8. A project manager would like to resolve conflicts by a give-and-take attitude rather than by a one-sided approach. Which of these approaches is he likely to use?

1. Forcing
2. Problem-solving
3. Directing
4. Withdrawing

Q9. An effective quality audit should be:

1. Structured and independent
2. Informal and independent
3. Informal and internal
4. Structured and internal

Q10. Your company has just won a major new project. It will begin in three months and is valued at US $2,000,000. You are the project manager for an existing project. What is the FIRST thing you should do once you hear of the new project?

1. Ask management how the new project will use resources.
2. Resource level your project.
3. Crash your project.
4. Ask management how the new project will affect your project.