Project Management Question Bank
for Exam preparation

Q2. Performance reports are produced during the Control Procurements process by evaluating work performance data against the agreement requirements. Which of the following is the prime objective of producing such reports?

1. Performance reporting is a good project management practice and must be carried out on all projects.
2. Performance reports are produced so they can be added to lessons-learned database, and the future project might benefit.
3. Performance reports document the analysis of the project manager and does not require supplier’s participation.
4. Providing management with information about how effectively the seller is achieving the contractual objectives.

Q3. The line in the middle of a control chart is called the:

1. Mean
2. Specification limit
3. Rule of seven
4. Upper and lower control limit.

Q4. All requested changes to a contract go through Contract Change Control Systems of both parties. The Contract Change Control system documents all requested changes for future reference. However, requested but unresolved changes might not make it up to either party’s Change Control Systems. If you are contesting a dispute, where can you find a record of such requested changes?

1. Procurement management plan
2. Project management plan
3. Project correspondence
4. Approved change requests log

Q5. A project manager analyzed a US $200,000 project that involves 30 team members and has three customers. Why is there a need for an analysis of secondary risks on this project?

1. It provides a vehicle for efficient stakeholder involvement.
2. It provides a way to effectively decrease the amount of contracting on the project.
3. It helps create a prioritized list of risks.
4. It helps determine which new risks have been created as a result of the risk response strategies chosen.

Q6. All of the following are true statements about parametric estimating EXCEPT:

1. The model is scalable.
2. Estimates are based on input from the team
3. The parameters used in the model are readily quantifiable.
4. Historical information is used in the model 63

Q7. A project team member has completed his work on the project. Which of the following MUST the project manager do?

1. Provide the team member with copies of his work on the project
2. Update the employee’s records with the new skills acquired.
3. Invite him to the project closure party
4. Check to make sure he is happy with his performance.

Q8. Once a project’s business case has been approved, what should be done next?

1. Identify and analyze project stakeholders and associated risks
2. Create the project charter
3. Identify market demand
4. Conduct and cost-benefit analysis

Q9. Sandra is managing a new supersonic aircraft design project. This is a huge project and the success of this project is very critical for her organization. For such mission-critical projects, which of the following is the most desirable engagement level for all major project stakeholders?

1. Supportive stakeholders
2. Resistant stakeholders
3. Leading stakeholders
4. Neutral stakeholders

Q10. During a team meeting, the team adds a specific area of extra work to the project because they have determined if would benefit the customer. What is wrong in this situation?

1. The team is gold plating
2. These efforts shouldn’t be done in meetings
3. Nothing. This is how to meet or exceed customer expectations.
4. Nothing. The project manager is in control of the situation.