Project Management Question Bank
for Exam preparation

Q2. Co-location can help with:

1. Bringing customers together
2. Building a team
3. Decreasing project rental costs
4. Decreasing project time.

Q3. Administrative closure involves all the activities in a step-by-step manner to satisfy various completion and exit criteria for the project. This is part of which Project Management Knowledge Area?

1. Project Communications Management
2. Project Scope Management
3. Project Integration Management
4. Project Procurement Management

Q4. A manufacturing project has a schedule performance index (SPI) of 0.89 and a cost performance index (CPI) of 0.91. Generally, what is the BEST explanation for why this occurred?

1. The scope was changed
2. A supplier went out of business, and a new one needed to be found
3. Additional equipment needed to be purchased
4. A critical path activity took longer and needed more labor hours to complete.

Q5. The project was going well until the director of marketing discovered that two of her staff members were working different versions of the sampling plan, a product of your project. Which of the following BEST describes what needs the attention of the project manager on this project?

1. Stakeholder management
2. Resource allocation
3. Staffing management plan
4. Configuration management

Q6. Three years back, your organization awarded a fixed price contract to a reputable local contractor to construct a new airport terminal in the city. A few days back, you received a change request from the contractor requesting to adjust the contract’s price. The contractor is claiming that as a result of the recent national recession, the prices of raw materials have gone up and he cannot complete the rest of the project at the contract price. Is the contactor’s request legitimate?

1. Yes, you cannot penalize the contactor for price escalations due to force majeure.
2. Yes, unless there is no Economic Price Adjustment provision in the contract.
3. No, the price of the contract is fixed and cannot be changed.
4. No, the price hike due to recession must be adjusted against the contractor’s profit.

Q7. The calculated duration of a project of 28.166. The standard deviation is 5.5. What technique would you use to compute the probability of completing a project on a specific day?

1. Reserve analysis
2. Monte Carlo analysis
3. Probability analysis
4. Variance analysis 44

Q8. Though it was difficult, the project manager received agreement to the project charter from all four sponsors involved on the project and the US $400,000 project was approved. Now the cost variance for the project is -$500 and the last performance review was positive. Just when the project entered its second phase, a team member on a noncritical path activity announced she was leaving the company. The float of activity L changed from two to four days. Only one unidentified risk has occurred with a minor impact. The last quality review showed that the project has made use of the results of the last design of experiments. Based on this information, what should the project manager do NEXT?

1. Complete closure of the first phase
2. Fast track the project to add more float
3. Review the management plans
4. Investigate additional risks caused by the difficulty with the senior managers.

Q9. The project cost and schedule for deliverables can be reasonably estimated at what level of the WBS?

1. The highest level
2. The middle level
3. The work package level
4. Both A and C

Q10. Based on the chart, while working on the project, you are told that you have to remove some resources to support a more important project for your customer. From which activity would it be BEST to remove resources?

1. Activity A
2. Activity B
3. Activity C
4. Activity D