Project Management Question Bank
for Exam preparation

Q2. The Human Resources department wants to hire a new project manager from within the company. They can choose from the following candidates: Candidate A has good management knowledge; Candidate B has good project management knowledge; Candidate C has solid technical knowledge; and Candidate D has general management, project management, and technical skills. Who is the BEST candidate?

1. Candidate A
2. Candidate B
3. Candidate C
4. Candidate D

Q3. A project manager must publish a project schedule. Activities, start/end times, and resource are identified. What should the project manager do NEXT?

1. Distribute the project schedule according to the communications management plan.
2. Confirm the availability of the resources.
3. Refine the project management plan to reflect more accurate costing information.
4. Publish a bar chart illustrating the timeline.

Q4. How does MOST communication occur?

1. Nonverbally
2. Verbally
3. Paralingually
4. Referentially

Q5. At the beginning of the project, a project manager realized the technical expertise of the team was limited, a risk to the project. Midway through the project, the project manager decided that this was no longer a risk and considered it outdated. As part of which process would he do the risk reassessment?

1. Perform Qualitative Risk Analysis
2. Perform Quantitative Risk Analysis
3. Perform Risk Assessment
4. Monitor Risks

Q6. Allocating ownership of a risk to a third party who is best able to capture the opportunity is an example of ________ the risk.

1. Sharing
2. Enhancing
3. Exploiting
4. Accepting

Q7. You are a project manager for a large consulting firm. Your superior has just asked for your input on a decision about which project your company should pursue. Project A has an internal rate of return (IRR) of 12 percent. Project B has a predicted cost ratio (BCR) of 1.3. Project C has an opportunity cost of US $75,000. Project D has a payback period of six months. If you had to choose based on this data, which project would you select?

1. Project

Q8. You have just received an invoice from your supplier that contains some uncertified items. Payments to the supplier are processed through your corporate accounts payable system only after certification of satisfactory work by the project quality control specialist. What should you do?

1. Process the supplier’s invoice since this is your liability
2. Call the supplier and obtain more information
3. Ask the supplier to stop all deliveries until the matter has a resolution
4. Seek judicial arbitration

Q9. A project manager knows that she can delay the start of certain activities within the project schedule to coincide with the mitigation of a known risk. She knows exactly the work and duration needed, should the risk event occur. She is confident that the finish date will not be impacted by the time delay. Which of the following aspects of schedule development has the project manager used in this situation?

1. She has relied on her certainty that, for risk planning purposes, assumptions are considered to be true, real or certain.
2. GERT probability factors provide her with certainty that there will be activities in the current schedule that will not be performed at all.
3. Her float calculations have revealed those activities that allow sufficient time for the inserted activities.
4. The project manager’s risk management plan was to build in buffer time to all the project activities during schedule development in order to cover any risk event occurrence

Q10. You work as an engineer for a large engineering firm. During this past week, you have corresponded with your department supervisor about the horizontal stabilizers required for the wings on a new aircraft you are designing. Which communication dimension does this represent?

1. Horizontal
2. Formal
3. External
4. Upward