Page 1 of 63
EBOLC Project Management EXAM ALL QUESTIONS
AND CORRECT ANSWERS LATEST UPDATE THIS
YEAR
QUESTION: A project manager wants to decrease costs on a project that a consultant is
completing for her company. What costs should the project manager consider to accomplish
this?
1) Variable and fixed
2) variable and direct
3) Fixed and indirect
4) Direct and indirect - ANSWER-2) Variable and direct
QUESTION: You are having difficulty estimating the cost of a project. Which of the following
BEST describes the most probable cause of your difficulty?
1) Inadequate scope definition
2) Unavailability of desired resources
3) Lack of historical records from previous projects
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4) Lack of company processes - ANSWER-1) Inadequate scope definition
QUESTION: The high-level project schedule constraints have just been determined. What
project management process group are you in?
1) Initating
2) Planning
3) Executing
4) Monitoring and Controlling - ANSWER-1) Initiating
QUESTION: Who are the following are ALWAYS stakeholders?
1) A person who does not want the project to be completed
2) An assembly line worker that will use the product of the project
3) A functional manager from the engineering department
4) A person who might lose their position in the company because of the project - ANSWER-2)
An assembly line worker that will use the product of the project
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If a person or entity thinks they are a stakeholders, then they are a stakeholder, even if you
dont agree on it.
QUESTION: Which process group authorizes the project?
1) Initiating
2) Planning
3) Executing
4) Monitoring and controlling - ANSWER-1) Initiating
QUESTION: Your manager gives you a preliminary project scope statement and asks you to
begin working immediately and to provide her with a schedule. What should you do FIRST?
1) Begin estimating the activities necessary to complete the scope of work
2) Obtain a project charter and begin creating a project scope statement
3) Create an activity list and then begin to assign the activities to resources
4) Identify a team and obtain approval from their participation from their functional managers -
ANSWER-Obtain a project charter and begin creating a project scope statement
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QUESTION: All of the following are parts of the project initiating processes EXCEPT?
1) Develop a product acceptance criteria
2) Determine project boundaries
3) Develop project objectives
4) Develop performance measurement baselines - ANSWER-4) Develop performance
measurement baselines
QUESTION: Who issues the project charter?
1) Sponsor
2) Project Manager
3) Project team
4) Stakeholders - ANSWER-1) Sponsor
Q; A construction project has a work package that could result in fatalities or long term
disabilities with losses of over US $2 million. The company has had a clean record in the past
and has won several safety awards. An appropriate risk response strategy is to:
1) Post a sign that describes the number of injuries to date and remind everyone to be careful
4
EBOLC Project Management EXAM ALL QUESTIONS
AND CORRECT ANSWERS LATEST UPDATE THIS
YEAR
QUESTION: A project manager wants to decrease costs on a project that a consultant is
completing for her company. What costs should the project manager consider to accomplish
this?
1) Variable and fixed
2) variable and direct
3) Fixed and indirect
4) Direct and indirect - ANSWER-2) Variable and direct
QUESTION: You are having difficulty estimating the cost of a project. Which of the following
BEST describes the most probable cause of your difficulty?
1) Inadequate scope definition
2) Unavailability of desired resources
3) Lack of historical records from previous projects
1
, Page 2 of 63
4) Lack of company processes - ANSWER-1) Inadequate scope definition
QUESTION: The high-level project schedule constraints have just been determined. What
project management process group are you in?
1) Initating
2) Planning
3) Executing
4) Monitoring and Controlling - ANSWER-1) Initiating
QUESTION: Who are the following are ALWAYS stakeholders?
1) A person who does not want the project to be completed
2) An assembly line worker that will use the product of the project
3) A functional manager from the engineering department
4) A person who might lose their position in the company because of the project - ANSWER-2)
An assembly line worker that will use the product of the project
2
, Page 3 of 63
If a person or entity thinks they are a stakeholders, then they are a stakeholder, even if you
dont agree on it.
QUESTION: Which process group authorizes the project?
1) Initiating
2) Planning
3) Executing
4) Monitoring and controlling - ANSWER-1) Initiating
QUESTION: Your manager gives you a preliminary project scope statement and asks you to
begin working immediately and to provide her with a schedule. What should you do FIRST?
1) Begin estimating the activities necessary to complete the scope of work
2) Obtain a project charter and begin creating a project scope statement
3) Create an activity list and then begin to assign the activities to resources
4) Identify a team and obtain approval from their participation from their functional managers -
ANSWER-Obtain a project charter and begin creating a project scope statement
3
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QUESTION: All of the following are parts of the project initiating processes EXCEPT?
1) Develop a product acceptance criteria
2) Determine project boundaries
3) Develop project objectives
4) Develop performance measurement baselines - ANSWER-4) Develop performance
measurement baselines
QUESTION: Who issues the project charter?
1) Sponsor
2) Project Manager
3) Project team
4) Stakeholders - ANSWER-1) Sponsor
Q; A construction project has a work package that could result in fatalities or long term
disabilities with losses of over US $2 million. The company has had a clean record in the past
and has won several safety awards. An appropriate risk response strategy is to:
1) Post a sign that describes the number of injuries to date and remind everyone to be careful
4
