Project Management Question Bank
for Exam preparation

Q2. During the completion of project work, the sponsor asks the project manager to report on how the project is going. In order to prepare the report, the project manager asks all the team members what percent complete their work is. There is one team member who has been hard to manage from the beginning. In response to being asked what percent complete he is, the team member asks, “Percent complete of what?”. Tired of such comments, the project manager reports to the team member’s boss that the team member is not cooperating. Which of the following is MOST likely the real problem?

1. The project manager did not get buy-in from the manager for the resources on the project.
2. The project manager did not create an adequate reward system for team members to improve their cooperation.
3. The project manager should have had a meeting with the team member’s boss the first time the team member caused trouble.
4. The project manager does not have the work packages.

Q3. Your company is considering buying a building worth $1 million. If the company buys this building and rents it out for the next five years, it will get $100,000 per year as rent (receivable by the end of each year). At the end of the fifth year, the company will resell the building at $1.1 million. What is the NPV of this investment at 10 percent per annum discount rate?

1. 62092
2. 600000
3. 1600000
4. 2200000

Q4. A risk with a positive outcome is an ___________.

1. Unlikely risk
2. Objective risk
3. Opportunity
4. Obsolete risk

Q5. A project manager for a large information technology consulting firm was assigned to manage a software integration project for a large client. The schedule was already established. Management at the client site responsible for the project explained to the project manager that the project duration was too long. Changing market pressures require the project to be brought in one month earlier than scheduled. He has already reviewed the scope of the project and nothing can be cut. He requested that the project manager cut each activity by 10 percent duration to accomplish the goal. What would be the MOST appropriate thing for the project manager to do in this situation?

1. Initiate change control processes, explain that the project schedule needs to stand, and review the risks involved.
2. Meet with the team and evaluate how each activity can be cut by 10 percent to accomplish the goal.
3. Do more critical path activities in parallel.
4. Meet with management to review the original project management plan and discuss scope changes that would reduce project timeline

Q6. You have recently joined an ongoing project and you just had a meeting with the project sponsor and other important members. Since you are new to the project, how will you know their views about the project?

1. You will ask team members about it
2. You will arrange a party and invite them
3. You will try to meet them again
4. You will look into the Stakeholder Register

Q7. A project manager wants to more extensively involve the stakeholders on the project. Which of the following would be the BEST way to accomplish this?

1. Have the stakeholders periodically review the list of project requirements.
2. Invite the stakeholders to attend project status meetings.
3. Send status reports to the stakeholders.
4. Update the stakeholders on the status of all project changes.

Q8. A SWOT analysis helps you identify opportunities which arise from organizational strengths threats dues to its weakness. According to this analysis, analyzing the strengths and weaknesses is a part of:

1. Internal factors
2. External factors
3. Discretionary factors
4. Mandatory factors

Q9. Determining the physical resources, quantities of each, and when they would be used is the process of:

1. Resource selection
2. Estimate Activity Resources
3. Resource leveling
4. Define Activities

Q10. Which parts of the risk management process do not generally use organizational process assets as an input?

1. Identify Risks and Perform Qualitative Risk Analysis
2. Perform Qualitative and Quantitative Risk Analysis
3. Perform Quantitative Risk Analysis and Plan Risk Responses
4. Plan Risk Responses and Control Risks