Project Management Question Bank
for Exam preparation

Q2. Variance analysis refers to cost performance measurements used to determine the magnitude of variation in comparison to the original cost baseline. What is the trend on the percentage range of acceptable variances as the project progresses?

1. The percentage range of acceptable variances will tend to decrease as the project progresses.
2. The percentage range of acceptable variances will tend to increase as the project progresses.
3. The percentage range of acceptable variances will tend to decrease first and then increase as the project progresses beyond 50 percent completion.
4. The percentage range of acceptable variances remain the same as the project progresses.

Q3. All of the following are outputs of the Estimate Costs process EXCEPT:

1. An understanding of the cost risk in the work that has been estimated.
2. The prevention of inappropriate changes from being included in the cost baseline.
3. An indication of the range of possible costs for the project
4. Documentation of any assumptions made during the Estimate Costs process.

Q4. You have found you do not yet have an accurate estimate of the number and skill levels of resources needed for the scheduled activity Build Racks for Data Center. You need this estimate for presentation to your Human Resources department later in the week. You have decided to decompose the Build Racks for Data Center activity into smaller components such as take equipment out of box, review equipment for completeness, build frame, and install rails. Then you plan to estimate the resources for each smaller component and combine those estimates into an aggregate. This is an example of:

1. Aggregate Estimating
2. Alternative Analysis
3. Bottom-up Estimating
4. Rolling Wave Estimating

Q5. The Manage Stakeholder Engagement process is a very important project management process. An ineffective effort in this process can sabotage the whole project. Which of the following is the key benefit of this process?

1. It makes the Manage Communications process redundant.
2. It produces the stakeholder engagement plan.
3. It increases support and minimizes resistance from stakeholders.
4. Lessons learned are documented during this process.

Q6. A scope change is made on the project. You have determined the effect on the schedule, performed integrated change control, and adjusted the project baselines and the project management plan. What is the NEXT thing to do?

1. Look for impacts to cost
2. Notify stakeholders affected by the change.
3. Submit the change to the change control board for approval
4. Change the work breakdown structure.

Q7. Which of the following is NOT a valid project schedule presentation format:

1. Activity list
2. Activity attributes
3. Bar chart
4. Network diagram

Q8. A project manager gets a report from the risk response owner that a risk did not occur. The project manager should then:

1. Update the risk response plan in the risk register.
2. Update the network diagram.
3. Decrease some project reserves.
4. Change all future risk response strategies.

Q9. A change control system should be created:

1. As needed on the project
2. By management
3. As a formal documented procedure
4. By the team 4

Q10. Which of the following is a set of technical guidelines that may be applied during the design of a product for the optimization of a specific aspect of the design?

1. Scope creeping
2. Rolling-wave planning
3. Design for X
4. Scrum master