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Project Management Question Bank
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You have floated a tender for your project, and to clarify some issues raised by bidders you are conducting a bidder conference. What will not be done in a bidder conference?
  1. Award the contract
  2. Clarify the doubt
  3. Explain the bid terms and conditions
  4. None of the above

Q2. The Quality Policy is the intended direction of a performing organization with regard to quality. However, as a project manager in a performing organization, you find the organization lacks a formal quality policy. What should you do in such a case?

  1. The project management team does not need to develop a quality policy since the performing organization does not have one.
  2. The project management team needs to obtain the quality policy from the customer.
  3. A quality policy is nice to have but is not required for every project.
  4. The project management team will need to develop a quality policy for the project.
Correct Answer

Q3. The resource optimization technique during the Control Schedule process allows a project manager to:

  1. Schedule training sessions for the project team members to optimize their performance.
  2. Schedule activities considering both the resource availability and the project time.
  3. Provide monetary incentives to project team members to boost their performance.
  4. Allow overtime so that team members get motivated to work during nonworking hours.
Correct Answer

Q4. In projects following adaptive lifecycles, what are the two critical components of iterative scheduling with a product backlog?

  1. User epics and time-bound accepted deliverables
  2. User stories and time-boxed periods of work
  3. Work packages and critical path
  4. Scope management plan and a detailed WBS
Correct Answer

Q5. You have just been assigned as the project manager for a sizeable engineering project, and you want to quickly review the project project’s procedures for managing risk. What would be the MOST helpful in finding this information?

  1. A risk identification plan.
  2. A risk management plan.
  3. Environmental process assets.
  4. A risk impact matrix.
Correct Answer

Q6. You are just about to present your project’s status to your company’s executive team. Just as you are leaving your desk for the meeting, one of your resources hands you an updated report on the progress of a critical deliverable. As you are walking to the conference room, you review the report and notice there is an error in it. What do you do?

  1. Do not report on that part of the project
  2. Disclose that you have just discovered there is an error in some of the information you intended to present and only present the information that you know is true
  3. Cancel the meeting
  4. Present the information as-it-is and revise it in the meeting minutes, which will be sent after two days
Correct Answer

Q7. A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised?

  1. At the beginning, middle, and end of a project
  2. Once a month
  3. Project charter is usually not updated during the course of the project.
  4. As required by the PMO
Correct Answer

Q8. A team member notifies you, after the fact, that she has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change?

  1. Inform the customer
  2. Make sure marketing is aware of the change
  3. Understand what functionality was added
  4. Implement change control processes to track the change
Correct Answer

Q9. You have a contract to build a manufacturing plant in Kuala Lumpur. However, you are not familiar with the building codes in Kuala Lumpur or Malaysia, so you are reviewing all their building codes prior to “turning a shovelful of earth.” This is an example of:

  1. Project initiation
  2. Quality assurance
  3. Quality planning
  4. Quality control
Correct Answer

Q10. A project manager is unsure of how much cost reserve to add to the project. There is a 50 percent chance of a weather delay causing an impact of US $100,000 and a 30 percent chance of a delay in the testing center with a US $20,000 impact. How much should the cost reserve be?

  1. Less than $50,000
  2. More than $120,000
  3. Less than $20,000
  4. More than $56,000
Correct Answer

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