Project Management Question Bank
for Exam preparation

Q2. What is the primary risk when including reserves, or contingency allowances, in your cost estimate?

1. Cancelling your project
2. Understating the cost estimate
3. Overstating the cost estimate
4. Tracking the funds

Q3. All of the following are part of the Perform Quality Control process EXCEPT:

1. Pareto chart
2. Control charts
3. Inspection
4. Quality audits.

Q4. To control the schedule, a project manager is reanalyzing the project to predict project duration. This is done by analyzing the sequence of activities with the least amount of flexibility. What technique is being used?

1. Leads and lags
2. Work Breakdown Structure
3. Flowchart
4. Critical Path Method

Q5. When writing the roles and responsibilities for team members, you should document the role, authority, responsibility, and competency for each team member. Where must you document this information?

1. Resource management plan
2. RACI chart
3. Resource calendar
4. Resource Breakdown Structure (RBS)

Q6. The sponsor has informed you that the resources for your project will be cut. The sponsor wants to know how long the project will take if only nine resources each month are committed to your project. What is this activity called?

1. Crashing
2. Floating
3. Leveling
4. Fast tracking

Q7. You have taken over a project from another manager who left the firm. This is a functional organization and the different units are often rather hostile to each other. The project is a large one involving activities that the organization has never done before. You find that the project has what appear to be adequate documentations, including an agreed-to project charter, project management plan, WBS, etc. The project is on schedule and within budget. However, the atmosphere in meetings with the project members often seems tense, and offhand comments made by participants seem to indicate a high level of dissatisfaction with the project. You review all of the major project documents with the key stakeholders and get agreement that they are still accurate, but this does not seem to solve the problem. What is the MOST likely explanation for this situation?

1. There are personality conflicts amount the project team members that you need to uncover and resolve.
2. The project does not have an effective sponsor and thus is not viewed as a high priority.
3. Stakeholders have very different expectations about what the project is supposed to accomplish.
4. The organizational structure and dynamics prevent people from working together effectively.

Q8. All of the following are parts of the team’s stakeholder management effort EXCEPT:

1. Determining stakeholders’ needs.
2. Identifying stakeholders.
3. Giving stakeholders extras.
4. Managing stakeholders’ expectations.

Q9. Inputs to the Plan Communications Management process include all the following EXCEPT:

1. Communications requirements.
2. Stakeholder management strategy.
3. Company culture.
4. Forecasts.

Q10. The BEST description of costs that change with the amount of production is:

1. Variable costs
2. Fixed costs
3. Direct costs
4. Sunk costs 24