30 questions of Project Management knowledge. Test yourself!
By: Cuong Nguyen
Tags: Skills, Questions, QA, Test, Project Management

Q1) What is a project?

a) routine

b) temporary

c) permanent

d) repetitive

Q2) A project must have a

a) Start Point

b) End Point

c) Reward

d) Start Point and an End Point

Q3) Operations

a) are repetitive activities, such as production

b) are initiated by the organisation for a variety of reasons

c) are one-time event that lasts usually for a day

d) are only carried out when necessary

Q4) What is a Project?

a) permanent endeavor

b) temporary endeavor, non-routine work involving uncertainty

c) routine, repetitive, everyday work

d) involved a high level of certainty

Q5) The elements in the Project Triangle

a) Scope, Time, Cost and Quality

b) Project

c) Program

d) Objectives

Q6) The scope management, time management, cost management and quality management of the PMBOK is:

a) Core Knowledge Area

b) Facilitating Knowledge Area

c) Project Integrating Knowledge Area

d) None of the above

Q7) The HR management, communication management, risk management and procurement management of the PMBOK is:

a) Core Knowledge Area

b) Facilitating Knowledge Area

c) Project Integrating Knowledge Area

d) None of the above

Q8) The preparing and managing of the budget of the project

a) Scope Management

b) Time Management

c) Cost Management

d) Quality Management

Q9) It involves defining and managing all the tasks and activities required to complete the project successfully.

a) Scope Management

b) Time Management

c) Cost Management

d) Quality Management

Q10) It is concerned with developing an acceptable project schedule and ensure timely completion of the project

a) Scope Management

b) Time Management

c) Cost Management

d) Quality Management

Q11) It satisfies the stated or implied needs of the stakeholders

a) Scope Management

b) Time Management

c) Cost Management

d) Quality Management

Q12) The acceptance of the deliverable and sign-off

a) Project Definition

b) Project Planning

c) Project Execution

d) Project Closure

Q13) Which phase of project management is the most critical?

a) Controlling

b) Organising

c) Measuring

d) Planning

Q14) Project initiations are:

a) establishing and authorising of the project

b) undertaking or work to deliver the outcome of the project.

c) taking necessary measures so that the operation of the project runs smoothly

d) the formal acceptance of the deliverables and sign-off

Q15) Grant Charts are useful in presenting

a) the level of effort required for the project

b) availability of resources for the project activities

c) the relative priority of activities

d) activity start and finish dates and expected the duration

Q16) In earned value management, by PV it means

a) Projected value

b) Profit value

c) Processing value

d) Planned value

Q17) In earned value management, EV stands for

a) Economic value

b) Earned value

c) Estimate value

d) End value

Q18) Earned value analysis compares planned cost and schedule with the

a) Actual figures

b) Economic growth

c) Lagged figures

d) Earned figures

Q19) Budgeted cost for all activities in a project with the help of earned value method is defined by

a) Actual cost

b) Budget at completion

c) Budget for completion

d) Estimate at completion

Q20) In EVM method, Schedule Variance (SV) can be calculated as

a) AC-EV

b) AC-PV

c) EV-PV

d) EV-AC

Q21) In EVM method, Cost Variance (CV) can be calculated as

a) AC-EV

b) AC-PV

c) EV-PV

d) EV-AC

Q22) In EVM method, Schedule Performance Index (SPI) can be calculated as

a) EV/AC

b) AC/EV

c) EV/PV

d) PV/EV

Q23) In EVM method, Cost Performance Index (CPI) can be calculated as

a) EV/AC

b) AC/EV

c) EV/PV

d) PV/EV

Q24) Amount of work completed to date compared with planned work in EVM method is

a) Schedule performance index

b) Cost performance index

c) Percentage complete

d) Percentage spent

Q25) A project with Earned Value (EV) = $1000, Actual Cost (AC) = $800 and Planned Value (PV) = $800. What is the Schedule Variance (SV)?

a) $200

b) $0

c) -$100

d) -$200

Q26) A project with Earned Value (EV) = $1000, Actual Cost (AC) = $800 and Planned Value (PV) = $800. What is the Cost Variance (CV)?

a. $200

b. $0

c. -$100

d. -$200

Q27) A project with Earned Value (EV) = $250, Actual Cost (AC) = $200 and Planned Value (PV) = $350. What is the Schedule Performance Index (SPI)?

a. 1.25

b. 0.80

c. 0.71

d. 1.40

Q28) A project with Earned Value (EV) = $250, Actual Cost (AC) = $200 and Planned Value (PV) = $350. What is the Cost Performance Index (CPI)?

a. 1.25

b. 0.80

c. 0.71

d. 1.40

Q29) The Project charter is created by:

a) The project manager

b) The sponsor

c) The Vice President over a functional management group

d) The customer

Q30) Which of these is not one of the constraints of a project?

a) Scope

b) Resources

c) Team

d) Budget