Project Management Question Bank
for Exam preparation

Q2. The project for the accounting department has been going well when the company says that it must reduce the cost of the project without changing the quality requirements. The project manager has looked to trim any resources, paid more attention to risk on upcoming activities, and even has reduced product scope, but the project remains over the new budget limit. Which of the following should the project manager do NEXT?

1. Get an extension of time
2. Review expensive customer requirements that add the least benefit
3. Suggest the project be terminated
4. Cut 10 percent off the cost estimate of each remaining activity.

Q3. A person who has been working as a project expeditor for the past three years has just been named as project manger for a construction project in a neighboring state. The construction crew has worked together for a number of years. One of the project manager’s responsibilities is to pursue all of the historical risk information available, but he does not have enough time to access all available resources. The project manager would be best served by relying LEAST on which of these sources?

1. Lessons learned databases 0
2. Project files
3. Published benchmarking reports
4. Project team knowledge

Q4. Which statement BEST explains the phrase “Quality is planned in, not inspected in.”

1. It is more expensive to determine quality by inspection than by planning it.
2. Quality activities occur during the planning process group of the project
3. Quality is part of planning, not inspection
4. Planning for quality is after the fact.

Q5. The customer starts to have cash flow problems, because other projects are being completed early. The customer notifies the project manager that there will be limits on when funds will be available for the project. The project CPI is currently 1.02, and the estimate to complete is US $927,000. If the project manager performs funding limit reconciliation, there will also MOST likely be a change to the:

1. Resource assigned.
2. Number of change requests
3. Cost baseline
4. Project schedule 21

Q6. Recently, a junior team member has challenged the project management approach since not all requirements identified during the Collect Requirements process were documented in the project scope statement. You are the project manager, what should you do first?

1. Remove the junior team member from the team as this is a disciplinary issue.
2. Analyze the objection and determine if the requirements were deliberately dropped during the Define Scope process.
3. Engage the project sponsor to resolve the issue.
4. Accept your mistake and include the missed requirements.

Q7. Mandatory dependencies are those that are inherent in the nature of the work being done. They often involve physical limitations, such as on a construction project when it is impossible to erect the superstructure until the foundation is built. According to the PMBOK, a mandatory dependency is also:

1. Soft logic
2. Unilateral dependency
3. Fixed logic
4. Hard logic

Q8. A project team is creating a project management plan when management asks them to identify project risks and provide some form of qualitative output as soon as possible. What should the project team provide?

1. Prioritized list of project risks
2. Risk triggers
3. Contingency reserves
4. Probability of achieving the time and cost objectives.

Q9. Sandra is managing a software development project. The project has many stakeholders having a negative attitude toward the project. Sandra knows she can’t keep everybody happy but still can try her best to manage them. Which of the following can help Sandra manage these negative stakeholders better?

1. Ignore them
2. Send them project updates
3. Engage them in project decisions
4. Send inaccurate project reports

Q10. A company asks one of the project managers to lead a project to create a substantially improved version of one of the company’s best-selling products. The project manager is given total freedom of decision and resources, including whether to utilize contractor services and/or the company’s resource pool. Under these circumstances, which of the following would be the BEST way for the project manager to build the team?

1. She should choose her team from the top developers and fabrication workers in the company
2. She should create a team of company line workers and contract the development services under a cost reimbursable contract with provisions to protect confidentiality.
3. She should contract the entire team utilizing a cost plus incentive fee type of contract.
4. She should contract selected team members on an ad hoc and as needed basis utilizing a time and material contract.