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PMI-001 Practice Questions

Project Management Professional v5

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Total Questions : 918

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Question # 81

Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?

Options:

A.  

Fixed Price with Economic Price Adjustments Contract (FP-EPA)

B.  

Cost-Reimbursable Contract (CR)

C.  

Firm-Fixed -Price Contract (FFP)

D.  

Fixed-Price-Incentive-Fee Contract (FPIF)

Discussion 0
Question # 82

What is the number of stakeholders, if the project has 28 potential communication channels?

Options:

A.  

7

B.  

8

C.  

14

D.  

16

Discussion 0
Question # 83

Exhibit A is an example of which of the following types of Sequence Activities?

Question # 83

Options:

A.  

Activity-on-arrow diagramming

B.  

Precedence diagramming

C.  

Project schedule network diagramming

D.  

Mathematical analysis diagramming

Discussion 0
Question # 84

The completion of the project scope is measured against the:

Options:

A.  

requirements documentation.

B.  

project scope statement.

C.  

project management plan.

D.  

work performance measurements.

Discussion 0
Question # 85

A project team member agrees to change a project deliverable after a conversation with an external stakeholder. It is later discovered that the change has had an adverse effect on another deliverable. This could have been avoided if the project team had implemented:

Options:

A.  

Quality assurance.

B.  

A stakeholder management plan.

C.  

Project team building.

D.  

Integrated change control.

Discussion 0
Question # 86

A given schedule activity is most likely to last four weeks. In a best-case scenario, the schedule activity is estimated to last two weeks. In a worst-case scenario, the schedule activity is estimated to last 12 weeks. Given these three estimates, what is the expected duration of the activity?

Options:

A.  

Three weeks

B.  

Four weeks

C.  

Five weeks

D.  

Six weeks

Discussion 0
Question # 87

What is the difference between the critical path and the critical chain?

Options:

A.  

Scope changes

B.  

Resource limitations

C.  

Risk analysis

D.  

Quality audits

Discussion 0
Question # 88

Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?

Options:

A.  

Cost Plus Incentive Fee (CPIF)

B.  

Fixed Price Incentive Fee (FPIF)

C.  

Cost Pius Award Re (CPAF)

D.  

Time and Material (T&M)

Discussion 0
Question # 89

An input to the Control Quality process is:

Options:

A.  

Activity attributes

B.  

Quality control measurements

C.  

Enterprise environmental factors

D.  

Deliverables

Discussion 0
Question # 90

Which Develop Schedule tool and technique produces a theoretical early start date and late start date?

Options:

A.  

Critical path method

B.  

Variance analysis

C.  

Schedule compression

D.  

Schedule comparison bar charts

Discussion 0
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