Project Management Question Bank
for Exam preparation

Q2. Midway through the Collect Requirements process, a project manager finds there are many unresolved issues regarding product requirements. Which of the following is usually the best way to discover and resolve issues?

1. Interviewing
2. Use of a stakeholder register
3. Questionnaires
4. Workshops

Q3. If the optimistic estimate is 1, the pessimistic is 9, and the mostly estimate is 8, what is the PERT estimate?

1. 9
2. 7
3. 8
4. 3

Q4. The project charter is the document that authorizes the existence of the project and contains a great deal of important information. Which of the following options shows the correct content of a project charter?

1. Project purpose, high level requirements, assumptions and constraints, summary budget
2. High-level risk, summary milestone, project management plan, summary budget
3. Project objective, stakeholder list, WBS, project approval authority
4. Name of the sponsor, name of the project manager, schedule baseline, summary budget

Q5. If a project has a 60 percent chance of a $100,000 profit and a 40 percent chance of a $100,000 loss, the expected monetary value of the project is:

1. $20,000 profit
2. $40,000 loss
3. $100,000 profit
4. $60,000 loss

Q6. To create the status report, you have collected the data for value of completed work, actual duration, actual completed work, etc. These data are examples of:

1. Work performance data
2. Work performance information
3. Work performance measurement
4. Performance data

Q7. A project manager is taking over a project from another project manager during the planning process group. If the new project manager wants to see what the previous project manager planned for managing changes to the schedule, it would be BEST to look at the:

1. Communications management plan
2. Update management plan
3. Staffing management plan
4. Schedule management plan 71

Q8. You are taking over a project during the planning process group and discover that six individuals have signed the project charter. Which of the following should MOST concern you?

1. Who will be a member of the change control board
2. Spending more time on configuration management
3. Getting a single project sponsor
4. Determining the reporting structure

Q9. Your project team has recently identified a risk in the software development project and decided not to change the project management plan to deal with the risk. The risk response strategy that your team used in this scenario is an example of:

1. Mitigate
2. Transfer
3. Avoid
4. Acceptance

Q10. Daniel is the project manager for a factory construction project. Daniel has recently joined this organization and is not fully aware of the organization’s culture and structure. In order to manage his project stakeholders, Daniel has to understand his project stakeholders better. Which of the following can provide Daniel some historical information regarding stakeholder management on previous projects?

1. Enterprise environmental factors
2. Project management plan
3. Project charter
4. Organizational process assets