Project Management Question Bank
for Exam preparation

Q2. A work breakdown structures numbering system allows the project staff to:

1. Systemically estimate costs of work breakdown structure elements.
2. Provide project justification
3. Identify the level at which individual elements are found
4. Use it in project management software.

Q3. Lucy has recently been assigned as the project manager for a new shopping mall construction project. Since the project will span well over five years, Lucy is a bit hesitant to use the current market rates for estimating construction materials cost. The prices have been steadily increasing and the current market rates might not remain valid in the future. Which of the following techniques can Lucy apply to determine her project budget?

1. Conduct a trend analysis on the cost of materials and use that to extrapolate the cost of materials in the future.
2. Determine the cost of the project using current market rates and increase the total budget by some factor.
3. Compute the Net Present Value of the cost of materials and use that to determine the project budget.
4. Use Rolling Wave Planning to determine the budget as the project progresses.

Q4. You are in the identifying risks process. You are meeting with your team members and stated that the project may be delayed because of the late delivery of certain consumables for your project. Now you ask the team members to find ways in which this problem can occur. What technique are you using here?

1. Assumption and constraint analysis
2. Brainstorming
3. Sensitivity analysis
4. Root cause analysis

Q5. Which of the following BEST describes when additional risk responses are documented?

1. When you are in the Plan Risk Management process
2. When an unknown risk occurs
3. When the impact of a known risk event is more significant than expected
4. When a risk due to happen multiple times on a project does not occur the first time it is expected.

Q6. You are a project manager on a $7,000,000 software development project. While working with your project team to develop a network diagram, you notice a series of activities that can be worked in parallel but must finish in a specific sequence. What type of activity sequencing method is required for these activities?

1. Precedence diagramming method
2. Arrow diagramming method
3. Critical path method
4. Operational diagramming method

Q7. How does the role of a project manager change based on managing projects using a predictive development life cycle then managing projects in adaptive environments?

1. The role of the project manager changes to a facilitator in predictive environments.
2. The role of the project manager changes to a facilitator in adaptive environments.
3. The role of the project manager does not change.
4. The role of the project manager is replaced with a scrum master in adaptive environments.

Q8. Which of the following statements is correct:

1. Project lifecycles and product lifecycles are interdependent.
2. Project lifecycles are independent of product lifecycles.
3. A product lifecycle is the same as a project lifecycle.
4. The last lifecycle for a project is generally the product's retirement.

Q9. Project performance measurements assess the magnitude of variation from the original cost baseline. Once the degree of cost variation is known, what step is performed next?

1. Audit the project team
2. Upgrade the configuration management database with new controls.
3. Replanning
4. Perform root cause analysis of the variance’s cause relative to the cost baseline

Q10. The paint on the exotic cars that are manufactured in your plant is bubbling about a year after application. What would be the best tool for your team to use to find potential causes of the peeling paint?

1. Scatter diagram
2. Ishikawa Diagram
3. Control Chart
4. Inspection