Project Management Question Bank
for Exam preparation

Q2. The project charter is a document which initiates the project, establishes your authority and contains some high-level information. Which of the following information will not be included in the project charter?

1. Project purpose
2. High-level requirements
3. High-level risks
4. Name of the competitor

Q3. A project manager has managed four projects for the company and is being considered to join the project management office team. The following is discovered during the evaluation of his performance. The project manager’s first project had an ending cost variance of -500, used two critical resources, needed to rework the project charter during project executing and was ranked 14th in priority within the company. The second project finished with a schedule variance of +100, was completed with a vastly compressed schedule and received a letter of recommendation from the sponsor, but the product of the project was not used. The third project had 23 percent more changes than expected, had an SPI of 0.90, and 25 open items in the issue log when the project was completed. Each of these projects had a cost budget of US $1,000 and 20 to 28 percent more changes than others of its size. The project management office decided not to add this project manager to the team. Which of the following BEST describes why this might have happened?

1. The project manager has only managed low-priority projects and he had to compress the schedule, showing that he does not have the skill to work in the project management office.
2. Issue logs should not be used on projects of this size, showing that the project manager does not have the knowledge to work in a project management office
3. The project manager did not effectively involve the stakeholders, showing that he does not have the knowledge to work in the project management office
4. The project manager had two critical resources on their team and still needed to rework the project charter, showing that he does not have the discipline to work in the project management office.

Q4. Which of the following statements regarding team-building is correct?

1. Team-building is essential during the middle of a project, and from there it is an ongoing process.
2. Team-building is essential during the end of a project, and it is a one-time process.
3. Team-building is essential during the end of a project, but it is an ongoing process.
4. Team-building is essential during the front end of a project, but it is an ongoing process.

Q5. You are a project manager for a US $3,000,000 product development project. Your project is well into the executing process group and remains on time, on budget, and on specification. This morning, a project team member alerts you to a newspaper article detailing unusually high defect rates in materials that your team has been using to develop your product prototype. You had no reason to suspect quality issues in these materials before now. What should you do FIRST in response to this concern?

1. Stop work on the prototype
2. Quantify the risk
3. Develop a risk mitigation plan
4. Determine a workaround.

Q6. Your project is going full steam and to prepare a monthly report you collect some data and give it to John who is your team member. You ask him to provide you with work performance information. He analyzes the information, compiles the data, and gives you the requested information which includes the status of deliverables, the number of change requests, implementation status for change requests, and forecasted estimates to complete. Among this information, which does not represent the information you requested?

1. Number of change requests
2. Status of deliverables
3. Forecasted estimates to complete
4. Implementation status for change requests

Q7. A summary milestone schedule would normally be part of which document?

1. Project sign-off document
2. Project charter
3. Project requirements document
4. Project scope statement

Q8. About midway through the project, the project manager learns that most members of the project team are not reviewing the weekly project updates. What should the project manager do?

1. Create a signature log so team members can indicate when they have read the project updates.
2. Revise the communications management plan appropriately to meet the informational needs of the stakeholders.
3. Improve the layout of the weekly project updates to encourage reading by team members.
4. Require the reading of the project updates in order to receive any rewards on the project.

Q9. While preparing your risk responses, you realize that you have not planned for unknown risk events. You need to make adjustments to the project to compensate for unknown risk events. These adjustments are based on your past project experience when unknown risk events occurred and knocked the project off track. What should you do?

1. Include a management reserve in the budget to try to compensate for the unknown risks, and notify management to expect unknown risks to occur.
2. Document the unknown risk items and calculate the expected monetary value based on probability and impact that may result from the occurrence.
3. Determine the unknown risk events and the associated cost; then, add the cost to the project budget as reserves.
4. With the stakeholders, determine a budget of the known risk budget to allocate to a management reserve budget.

Q10. You are reviewing a plan which explains how changes to the product will be initiated, how impacts will be analyzed, and how they will be traced, tracked, and reported, as well as the authorization levels required to approve these changes. What document is this?

1. Monitor and control project work
2. Requirements management plan
3. Control configuration
4. Control change management