Project Management Question Bank
for Exam preparation

Q2. Which of these is not an Enterprise environmental factor that can influence the Plan Resource Management process?

1. Organizational culture
2. Lessons learned on organizational structures
3. Marketplace conditions
4. Facilities and resources

Q3. What might historical records from previous projects used as an input to the Define Activities process include?

1. Activities
2. Resources
3. Costs
4. Schedule

Q4. Although the business value is unique to each organization, each organization strives to attain business value for its activities. Which of the following does NOT create value for an organization?

1. Escalation of commitment on projects involving significant sunk cost
2. Effective management of ongoing operations
3. Strategic alignment of project objectives
4. Successful management of nonprofit business-related activities

Q5. Which of the following helps the project team to look at many sources from which project risks may arise in a risk identification exercise?

1. Work Breakdown Structure
2. Risk Breakdown Structure
3. Risk register
4. Issue log

Q6. An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9 and a late finish (LF) of day 19. What is the duration of this activity?

1. 3
2. 6
3. 7
4. 10

Q7. All of the following are parts of the Plan Quality process EXCEPT:

1. Benchmarking
2. Cost-benefit analysis
3. Inspection
4. Design of experiments.

Q8. You have signed a multi-year contract with a customer to complete a project for a fixed price. Since the duration of the contract is long, you have added a provision to adjust the price of the contract according to the market inflation. What kind of contract is this?

1. FPIF
2. FP-EPA
3. Time and material
4. CPIF

Q9. Which of these types of precedence relationships is least commonly used in the Precedence Diagramming Method?

1. Start to Start
2. Finish to Finish
3. Finish to Start
4. Start to Finish

Q10. Which factor would NOT be considered when choosing between two projects to undertake?

1. Net present value (NPV)
2. Benefit cost ratio (BCR)
3. Payback period
4. Law of diminishing returns