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PMI-001 Project Management Professional v5 Questions and Answers

Questions 4

What happens to a stakeholder’s project influence over time?

Options:

A.

Increases

B.

Decreases

C.

Stays the same.

D.

Has no bearing.

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Questions 5

Which type of agreement is legal, contractual, and between two or more entities to form a partnership, joint venture, or some other arrangement as defined by the parties?

Options:

A.

Teaming

B.

Collective bargaining

C.

Sharing

D.

Working

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Questions 6

Monte Carlo is which type of risk analysis technique?

Options:

A.

Probability

B.

Quantitative

C.

Qualitative

D.

Sensitivity

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Questions 7

What are the components of the “triple constraint”?

Options:

A.

Scope, time, requirements

B.

Resources, time, cost

C.

Scope, management, cost

D.

Scope, time, cost

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Questions 8

Which process numerically analyzes the effect of identified risks on overall project objectives?

Options:

A.

Plan Risk Management

B.

Plan Risk Responses

C.

Perform Quantitative Risk Analysis

D.

Perform Qualitative Risk Analysis

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Questions 9

What type of project structure is a hierarchically organized depiction of the resources by type?

Options:

A.

Organizational breakdown structure (OBS)

B.

Resource breakdown structure (RBS)

C.

Work breakdown structure (WBS)

D.

Project breakdown structure (PBS)

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Questions 10

Change requests are processed for review and disposition according to which process?

Options:

A.

Control Quality

B.

Control Scope

C.

Monitor and Control Project Work

D.

Perform Integrated Change Control

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Questions 11

Which process in Project Time Management includes reserve analysis as a tool or technique?

Options:

A.

Estimate Activity Resources

B.

Sequence Activities

C.

Estimate Activity Durations

D.

Develop Schedule

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Questions 12

Who provides the inputs for the original estimates of activity durations for tasks on the project plan?

Options:

A.

Project sponsor

B.

Project manager

C.

Person responsible for project scheduling

D.

Person who is most familiar with the task

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Questions 13

Which baselines make up the performance measurement baseline?

Options:

A.

Scope baseline, cost baseline, and schedule baseline

B.

Scope baseline, project management baseline, and quality baseline

C.

Cost baseline, schedule baseline, and risk baseline

D.

Cost baseline, project management baseline, and schedule baseline

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Questions 14

Which of the following outputs from the Control Schedule process aids in the communication of schedule variance (SV), schedule performance index (SPI), or any performance status to stakeholders?

Options:

A.

Performance organizations

B.

Schedule baselines

C.

Work performance measurements

D.

Change requests

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Questions 15

Which enterprise environmental factors are considered during Estimate Costs?

Options:

A.

Market conditions and published commercial information

B.

Company structure and market conditions

C.

Commercial information and company structure

D.

Existing human resources and market conditions

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Questions 16

Which of the following Project Communication Management processes uses performance reports as an input?

Options:

A.

Manage Stakeholder Expectations

B.

Report Performance

C.

Distribute Information

D.

Plan Communications

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Questions 17

Which tool or technique is effective in a project in which the deliverable is not a service or result?

Options:

A.

Inspection

B.

Variance analysis

C.

Decomposition

D.

Product analysis

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Questions 18

Which characteristic is unique to project work and does not apply to operational work?

Options:

A.

Performed by individuals

B.

Limited by constraints

C.

Temporary

D.

Performed to achieve organizational objectives

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Questions 19

What is one of the MAJOR outputs of activity sequencing?

Options:

A.

Responsibility assignment matrix

B.

Work breakdown structure update

C.

Project network diagram

D.

Mandatory dependencies list

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Questions 20

The run chart created during the Perform Quality Control process on a project is used to show the:

Options:

A.

relationship between two variables

B.

data points plotted in the order in which they occur

C.

most common cause of problems in a process

D.

frequency of occurrence

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Questions 21

Which tool and technique is used in Conduct Procurements?

Options:

A.

Teaming agreements

B.

Expert judgment

C.

Bidder conferences

D.

Contract types

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Questions 22

Which of the following techniques is used during Control Scope?

Options:

A.

Cost-benefit analysis

B.

Variance analysis

C.

Reserve analysis

D.

Stakeholder analysis

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Questions 23

Which of the following is an input of the Define Activities process?

Options:

A.

Scope baseline

B.

Milestone list

C.

Resource calendars

D.

Activity list

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Questions 24

While implementing an approved change, a critical defect was introduced. Removing the defect will delay the product delivery. What is the MOST appropriate approach to managing this situation?

Options:

A.

Utilize the change control process.

B.

Crash the schedule to fix the defect.

C.

Leave the defect in and work around it.

D.

Fast-track the remaining development.

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Questions 25

Resource calendars are included in the:

Options:

A.

staffing management plan.

B.

work breakdown structure (WBS).

C.

project communications plan.

D.

project charter.

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Questions 26

One of the tools and techniques of the Manage Project Team process is:

Options:

A.

organization charts.

B.

ground rules.

C.

organizational theory,

D.

conflict management.

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Questions 27

Which process involves identifying and documenting the logical relationships between project activities?

Options:

A.

Develop Schedule

B.

Sequence Activities

C.

Create WBS

D.

Applying leads and lags

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Questions 28

An imposed date for completion of the project by the customer is an example of a project:

Options:

A.

deliverable

B.

assumption

C.

constraint

D.

exclusion

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Questions 29

Requirements documentation, requirements management plan, and requirements traceability matrix are all outputs of which process?

Options:

A.

Control Scope

B.

Collect Requirements

C.

Create WBS

D.

Define Scope

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Questions 30

Organizations perceive risks as:

Options:

A.

events that will inevitably impact project and organizational objectives.

B.

the effect of uncertainty on their project and organizational objectives.

C.

events which could have a negative impact on project and organizational objectives.

D.

the negative impact of undesired events on their project and organizational objectives.

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Questions 31

A project lifecycle is defined as:

Options:

A.

a collection of generally sequential and sometimes overlapping project phases.

B.

a process required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.

C.

a recognized standard for the project management profession.

D.

the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

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Questions 32

In project management, a temporary project can be:

Options:

A.

Completed without planning

B.

A routine business process

C.

Long in duration

D.

Ongoing to produce goods

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Questions 33

Which Control Scope input is compared to actual results to determine if corrective action is required for the project?

Options:

A.

Scope baseline

B.

Scope management plan

C.

Change management plan

D.

Cost baseline

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Questions 34

Which of the following is a project constraint?

Options:

A.

Twenty-five percent staff turnover is expected.

B.

The technology to be used is cutting-edge.

C.

Project leadership may change due to volatile political environment.

D.

The product is needed in 250 days.

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Questions 35

The risk management team of a software project has decided that due to the lack of adequate talent in the company, development of a specific part of the system is under high risk, so the team has decided to outsource it. This is an example of which risk response?

Options:

A.

Transfer

B.

Share

C.

Avoid

D.

Accept

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Questions 36

The product scope description is used to:

Options:

A.

Gain stakeholders support for the project.

B.

Document the characteristics of the product.

C.

Describe the project in great detail.

D.

Formally authorize the project.

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Questions 37

The project governance approach should be described in the:

Options:

A.

change control plan

B.

project scope

C.

statement of work

D.

project management plan

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Questions 38

Risk responses reflect an organization's perceived balance between:

Options:

A.

risk taking and risk avoidance.

B.

known risk and unknown risk.

C.

identified risk and analyzed risk.

D.

varying degrees of risk.

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Questions 39

Which input to the Manage Stakeholder Engagement process provides guidance on how stakeholders can best be involved in a project?

Options:

A.

Feedback analysis

B.

Stakeholder analysis

C.

Communication management plan

D.

Stakeholder management plan

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Questions 40

An input required in Define Scope is an organizational:

Options:

A.

structure.

B.

process asset.

C.

matrix.

D.

breakdown structure.

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Questions 41

The project scope statement and resource calendars are inputs to which Project Time Management process?

Options:

A.

Sequence Activities

B.

Estimate Activity Resources

C.

Develop Schedule

D.

Control Schedule

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Questions 42

What is the definition of Direct and Manage Project Execution?

Options:

A.

Integrating all planned activities

B.

Performing the activities included in the plan

C.

Developing and maintaining the plan

D.

Execution of deliverables

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Questions 43

Which input to the Plan Risk Management process provides information on high-level risks?

Options:

A.

Project charter

B.

Enterprise environmental factors

C.

Stakeholder register

D.

Organizational process assets

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Questions 44

Which of the following is an input to Develop Human Resource Plan?

Options:

A.

Team performance assessment

B.

Roles and responsibilities

C.

Staffing management plan

D.

Enterprise environmental factors

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Questions 45

Which document defines how a project is executed, monitored and controlled, and closed?

Options:

A.

Strategic plan

B.

Project charter

C.

Project management plan

D.

Service level agreement

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Questions 46

Which process involves documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans?

Options:

A.

Collect Requirements

B.

Direct and Manage Project Execution

C.

Monitor and Control Project Work

D.

Develop Project Management Plan

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Questions 47

The following is a network diagram for a project.

How many possible paths are identified for this project?

Options:

A.

3

B.

4

C.

6

D.

7

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Questions 48

What defines the portion of work included in a contract for items being purchased or acquired?

Options:

A.

Procurement management plan

B.

Evaluation criteria

C.

Work Breakdown Structure (WBS)

D.

Contract Statement of Work (SOW)

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Questions 49

Which process identifies whether the needs of a project can best be met by acquiring products, services, or results outside of the organization?

Options:

A.

Plan Procurement Management

B.

Control Procurements

C.

Collect Requirements

D.

Plan Cost Management

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Questions 50

Which of the following tools or techniques is used for Estimate Activity Duration?

Options:

A.

Critical path

B.

Rolling Wave

C.

PDM

D.

Para metric

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Questions 51

What is an objective of the Develop Project Team process?

Options:

A.

Feelings of trust and improved cohesiveness

B.

Ground rules for interaction

C.

Enhanced resource availability

D.

Functional managers becoming more involved

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Questions 52

Create WBS is part of which of the following Knowledge Areas?

Options:

A.

Project Integration Management

B.

Project Scope Management

C.

Project Time Management

D.

Project Cost Management

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Questions 53

Which action should a project manager take to ensure that the project management plan is effective and current?

Options:

A.

Conduct periodic project performance reviews.

B.

Identify quality project standards.

C.

Follow ISO 9000 quality standards.

D.

Complete the quality control checklist.

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Questions 54

Which is used to solicit proposals from prospective sellers?

Options:

A.

Procurement statement of work

B.

Resource calendars

C.

Procurement document

D.

Independent estimates

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Questions 55

A regression line is used to estimate:

Options:

A.

Whether or not a process is stable or has predictable performance.

B.

How a change to the independent variable influences the value of the dependent variable.

C.

The upper and lower specification limits on a control chart.

D.

The central tendency, dispersion, and shape of a statistical distribution.

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Questions 56

Which Plan Schedule Management tool or technique may involve choosing strategic options to estimate and schedule the project?

Options:

A.

Facilitation techniques

B.

Expert judgment

C.

Analytical techniques

D.

Variance analysis

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Questions 57

Which is an input to the Verify Scope process?

Options:

A.

Performance report

B.

Work breakdown structure (WBS)

C.

Requested changes

D.

Project management plan

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Questions 58

The planned work contained in the lowest level of work breakdown structure (WBS) components is known as:

Options:

A.

Work packages.

B.

Accepted deliverables.

C.

The WBS dictionary.

D.

The scope baseline.

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Questions 59

Which tool and technique of quality planning involves comparing actual or planned practices to those of other projects to generate ideas for improvement and provide a basis by which to measure performance?

Options:

A.

Histogram

B.

Quality audits

C.

Benchmarking

D.

Performance measurement analysis

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Questions 60

Requirements documentation will typically contain at least:

Options:

A.

Stakeholder requirements, staffing requirements, and transition requirements.

B.

Business requirements, the stakeholder register, and functional requirements.

C.

Stakeholder impact, budget requirements, and communications requirements.

D.

Business objectives, stakeholder impact, and functional requirements.

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Questions 61

"Tailoring" is defined as the:

Options:

A.

effort of addressing each process to determine which are appropriate and their appropriate degree of rigor.

B.

act of creating a project team with the specialized skills required to produce a required product or service.

C.

action taken to bring a defective or nonconforming component into compliance with requirements or specifications.

D.

adjustment of the respective influences of time, cost, and quality in order to most efficiently achieve scope.

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Questions 62

The primary benefit of the Plan Schedule Management process is that it:

Options:

A.

provides guidance to identify time or schedule challenges within the project.

B.

tightly links processes to create a seamless project schedule.

C.

guides how the project schedule will be managed throughout the project.

D.

creates an overview of all activities broken down into manageable subsections.

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Questions 63

Changes to formally controlled documentation, plans, etc. to reflect modified or additional ideas or content are known as:

Options:

A.

updates.

B.

defect repairs.

C.

preventive actions.

D.

corrective actions.

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Questions 64

When an activity cannot be estimated with a reasonable degree of confidence, the work within the activity is decomposed into more detail using which type of estimating?

Options:

A.

Bottom-up

B.

Parametric

C.

Analogous

D.

Three-point

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Questions 65

Taking out insurance in relation to risk management is called what?

Options:

A.

Transference

B.

Avoidance

C.

Exploring

D.

Mitigation

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Questions 66

The only Process Group that comprises processes that typically occur from the beginning to the end of the project life cycle is:

Options:

A.

Planning.

B.

Executing,

C.

Monitoring and Controlling.

D.

Closing.

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Questions 67

The process of identifying the stakeholders' information needs is completed during:

Options:

A.

Plan Communications.

B.

Manage Stakeholder Expectations.

C.

Stakeholder Analysis.

D.

Identify Stakeholders.

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Questions 68

Which document includes the project scope, major deliverables, assumptions, and constraints?

Options:

A.

Project charter

B.

Project scope statement

C.

Scope management plan

D.

Project document updates

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Questions 69

Identifying major deliverables, deciding if adequate cost estimates can be developed, and identifying tangible components of each deliverable are all part of which of the following?

Options:

A.

Work breakdown structure

B.

Organizational breakdown structure

C.

Resource breakdown structure

D.

Bill of materials

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Questions 70

Activity cost estimates are quantitative assessments of the probable costs required to:

Options:

A.

Create WBS.

B.

complete project work.

C.

calculate costs.

D.

Develop Project Management Plan.

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Questions 71

At which stage of the project should certain factors such as the unavailability of human resources due to constraint be considered?

Options:

A.

Initiation

B.

Execution

C.

Planning

D.

Monitoring and Controlling

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Questions 72

Which of the following tools will be used to produce performance reports that provide information to stakeholders about project cost, schedule progress, and performance?

Options:

A.

Communications methods

B.

Reporting systems

C.

Forecasting methods

D.

Variance analysis

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Questions 73

Which of the following is developed from the project scope baseline and defines only that portion of the project scope that is to be included within a related contract?

Options:

A.

Product scope description

B.

Procurement statement of work

C.

Project schedule

D.

Work breakdown structure (WBS)

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Questions 74

What provides information regarding the ways people, teams, and organizational units behave?

Options:

A.

Organizational chart

B.

Organizational theory

C.

Organizational structure

D.

Organizational behavior

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Questions 75

The three types of estimates that PERT uses to define an approximate range for an activity’s cost are:

Options:

A.

Parametric, most likely, and analogous.

B.

Least likely, analogous, and realistic.

C.

Parametric, optimistic, and pessimistic.

D.

Most likely, optimistic, and pessimistic.

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Questions 76

After Define Activities and Sequence Activities, the next process is:

Options:

A.

Estimate Activity Resources.

B.

Estimate Activity Durations,

C.

Develop Schedule.

D.

Control Schedule.

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Questions 77

The most commonly used type of precedence relationship in the precedence diagramming method (PDM) is:

Options:

A.

start-to-start (SS)

B.

start-to-finish (SF)

C.

finish-to-start (FS)

D.

finish-to-finish (FF)

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Questions 78

Which type of project management office (PMO) supplies templates, best practices, and training to project teams?

Options:

A.

Supportive

B.

Directive

C.

Controlling

D.

Instructive

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Questions 79

A tool or technique used in the Control Procurements process is:

Options:

A.

Expert judgment.

B.

Performance reporting.

C.

Bidder conferences.

D.

Reserve analysis.

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Questions 80

In which domain of project management would a Pareto chart provide useful information?

Options:

A.

Project Scope Management

B.

Project Time Management

C.

Project Communications Management

D.

Project Quality Management

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Questions 81

Managing procurement relationships and monitoring contract performance are part of which process?

Options:

A.

Conduct Procurements

B.

Plan Procurements

C.

Administer Procurements

D.

Close Procurements

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Questions 82

Which of the following processes are within the Initiating Process Group?

Options:

A.

Develop Project Management Plan and Identify Stakeholders

B.

Develop Project Management Plan and Plan Communications

C.

Develop Project Charter and Identify Stakeholders

D.

Develop Project Charter and Develop Project Scope Statement

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Questions 83

Which of the following are documented directions to perform an activity that can reduce the probability of negative consequences associated with project risks?

Options:

A.

Recommended corrective actions

B.

Recommended preventive actions

C.

Risk audits

D.

Risk reassessments

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Questions 84

Ensuring that both parties meet contractual obligations and that their own legal rights are protected is a function of:

Options:

A.

Conduct Procurements.

B.

Close Procurements.

C.

Administer Procurements,

D.

Plan Procurements.

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Questions 85

Which of the following is an input to the Plan Risk Responses process?

Options:

A.

Risk urgency assessment

B.

Organizational process assets

C.

Risk register

D.

Schedule management plan

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Questions 86

Which illustrates the connection between work that needs to be done and its project team members?

Options:

A.

Work breakdown structure

B.

Network diagrams

C.

Staffing management plan

D.

Responsibility matrix

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Questions 87

Plan-do-check-act is also known as:

Options:

A.

prevention over inspection.

B.

statistical sampling.

C.

management responsibility,

D.

continuous improvement.

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Questions 88

When the business objectives of an organization change, project goals need to be:

Options:

A.

realigned.

B.

performed.

C.

improved.

D.

controlled.

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Questions 89

Which Control Quality tool is also known as an arrow diagram?

Options:

A.

Matrix diagram

B.

Affinity diagram

C.

Tree diagram

D.

Activity network diagram

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Questions 90

The ways in which the roles and responsibilities, reporting relationships, and staffing management will be addressed and structured within a project is described in the:

Options:

A.

Human resource management plan.

B.

Activity resource requirements.

C.

Personnel assessment tools,

D.

Multi-criteria decision analysis.

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Questions 91

Cost of quality (COQ) refers to total cost of/to:

Options:

A.

All efforts related to quality.

B.

Product inspection activities.

C.

Maintain plan quality.

D.

Perform quality control.

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Questions 92

A risk response strategy in which the project team shifts the impact of a threat, together with ownership of the response, to a third party is called:

Options:

A.

mitigate

B.

accept

C.

transfer

D.

avoid

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Questions 93

An input of the Plan Procurement Management process is:

Options:

A.

Make-or-buy decisions.

B.

Activity cost estimates.

C.

Seller proposals.

D.

Procurement documents.

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Questions 94

A measure of cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal and is expressed as the ratio of the cost needed for finishing the outstanding work to the remaining budget is known as the:

Options:

A.

budget at completion (BAC)

B.

earned value management (EVM)

C.

to-complete performance index

D.

cost performance index

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Questions 95

Which type of estimating can produce higher levels of accuracy, depending upon the sophistication and underlying data built into the model?

Options:

A.

Bottom-up

B.

Three-point

C.

Parametric

D.

Analogous

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Questions 96

Forecasts, requested changes, recommended corrective actions, and organizational process asset updates are all outputs of which process?

Options:

A.

Risk response planning

B.

Risk monitoring and control

C.

Performance reporting

D.

Manage stakeholders

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Questions 97

Which estimating technique uses the actual costs of previous similar projects as a basis for estimating the costs of the current project?

Options:

A.

Analogous

B.

Parametric

C.

Bottom-up

D.

Top-down

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Questions 98

Which index is the calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal?

Options:

A.

Estimate at completion

B.

Cost performance

C.

Schedule performance

D.

To-complete performance

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Questions 99

Which technique is commonly used for the Quantitative Risk Analysis activity?

Options:

A.

Brainstorming

B.

Strategies for Opportunities

C.

Decision Tree Analysis

D.

Risk Data Quality Assessment

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Questions 100

Schedule milestones and a predefined budget are examples of:

Options:

A.

Project constraints.

B.

Requirements documentation.

C.

Organizational process assets.

D.

Activity cost estimates.

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Questions 101

Which of the following events would result in a baseline update?

Options:

A.

A project is behind schedule and the project manager wants the baseline to reflect estimated actual completion.

B.

A customer has approved a change request broadening the project scope and increasing the budget.

C.

One of the risks identified in the risk management plan occurs, resulting in a schedule delay.

D.

One of the key project team resources has left the team and no replacement is available.

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Questions 102

Organizational process assets, a lessons-learned database, and historical information are all inputs to which process?

Options:

A.

Plan Cost Management

B.

Plan Scope Management

C.

Plan Stakeholder Management

D.

Plan Schedule Management

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Questions 103

Which of the following are the components of the scope baseline?

Options:

A.

Project charter, project scope statement, and work breakdown structure (WBS)

B.

Project charter, project management plan, and plan procurement

C.

Project scope statement, work breakdown structure (WBS), and WBS dictionary

D.

Project management plan, plan procurement, and contract administration

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Questions 104

Cost aggregation is typically performed by aggregating work packages in accordance with the:

Options:

A.

Program evaluation and review technique (PERT).

B.

Cost of quality (COQ).

C.

Rough order of magnitude (ROM).

D.

Work breakdown structure (WBS).

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Questions 105

The process of identifying specific actions to be performed to produce project deliverables is:

Options:

A.

Define Activities.

B.

Create WBS.

C.

Define Scope.

D.

Develop Schedule.

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Questions 106

Risk exists the moment that a project is:

Options:

A.

planned.

B.

conceived.

C.

chartered.

D.

executed.

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Questions 107

The degree, amount, or volume of risk that an organization or individual will withstand is called risk:

Options:

A.

appetite

B.

tolerance

C.

threshold

D.

management

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Questions 108

Which input to Collect Requirements is used to identify stakeholders who can provide information on requirements?

Options:

A.

Stakeholder register

B.

Scope management plan

C.

Stakeholder management plan

D.

Project charter

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Questions 109

What is the most accurate rough order of magnitude (ROM)?

Options:

A.

In the Initiation phase, the estimate is in the range of +/- 50%.

B.

In the Planning phase, the estimate is in the range of +/- 50%.

C.

In the Monitoring and Controlling phase, the estimate is in the range of +/- 15%.

D.

In the Closing phase, the estimate is in the range of +/- 15%.

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Questions 110

Who selects the appropriate processes for a project?

Options:

A.

Project stakeholders

B.

Project sponsor and project stakeholder

C.

Project manager and project team

D.

Project manager and project sponsor

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Questions 111

Documented identification of a flaw in a project component together with a recommendation is termed a:

Options:

A.

corrective action.

B.

preventive action.

C.

non-conformance report,

D.

defect repair.

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Questions 112

What name(s) is (are) associated with the Plan-Do-Check-Act cycle?

Options:

A.

Pareto

B.

Ishikawa

C.

Shewhart-Deming

D.

Delphi

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Questions 113

Which of the following is a measure of the value of work completed compared to the actual cost or progress made on the project?

Options:

A.

Schedule performance index (SPI)

B.

Cost performance index (CPI)

C.

Cost variance (CV)

D.

Planned value (PV)

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Questions 114

Which of the following is an estimating technique that uses the values of parameters from previous similar projects for estimating the same parameter or measure for a current project?

Options:

A.

Reserve analysis

B.

Three-point estimating

C.

Parametric estimating

D.

Analogous estimating

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Questions 115

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)

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Questions 116

Which of the following is a set of interrelated actions and activities performed to achieve a prespecified product, result, or service?

Options:

A.

Portfolio

B.

Process

C.

Project

D.

Program

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Questions 117

Those who enter into a contractual agreement to provide services necessary for a project are:

Options:

A.

buyers

B.

sellers

C.

business partners

D.

product users

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Questions 118

When closing a project or phase, part of the process may require the use of which type of analysis?

Options:

A.

Reserve analysis

B.

Regression analysis

C.

Document analysis

D.

Product analysis

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Questions 119

The procurement process that documents agreements and related documentation for future reference is known as:

Options:

A.

Plan Procurements.

B.

Control Procurements.

C.

Close Procurements.

D.

Conduct Procurements.

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Questions 120

Which tools or techniques are used during the Close Project or Phase process?

Options:

A.

Reserve analysis and expert judgment

B.

Facilitation techniques and meetings

C.

Expert judgment and analytical techniques

D.

Performance reviews and meetings

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Questions 121

Procurement audits, negotiated settlements, and a records management system are tools and techniques used in which Procurement Management process?

Options:

A.

Close Procurements

B.

Administer Procurements

C.

Plan Procurements

D.

Conduct Procurements

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Questions 122

In a weak matrix, the project managers role is:

Options:

A.

part-time

B.

full-time

C.

occasional

D.

unlimited

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Questions 123

Which is the correct formula for calculating expected activity cost for three-point estimating?

Options:

A.

Ce = (C0 + 6Cm + Cp)/4

B.

Ce = (6C0 + Cm + Cp)/4

C.

Ce = (C0 + 4Cm + Cp)/6

D.

Ce = (C0 + C„, + 4Cp) / 6

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Questions 124

Which of the following choices is a contract closure tool or technique?

Options:

A.

Contract plan

B.

Procurement plan

C.

Closure process

D.

Procurement audits

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Questions 125

An input to Close Project or Phase is:

Options:

A.

Accepted deliverables,

B.

Final products or services,

C.

Document updates,

D.

Work performance information.

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Questions 126

Project or phase closure guidelines or requirements, historical information, and the lessons learned knowledge base are examples of which input to the Close Project or Phase process?

Options:

A.

Organizational process assets

B.

A work breakdown structure

C.

The project management plan

D.

Enterprise environmental factors

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Questions 127

Sensitivity analysis is typically displayed as a/an:

Options:

A.

Decision tree diagram.

B.

Tornado diagram.

C.

Pareto diagram.

D.

Ishikawa diagram.

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Questions 128

The links between the processes in the Process Groups are often:

Options:

A.

Intuitive

B.

Iterative

C.

Measured

D.

Monitored

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Questions 129

Which process documents the business needs of a project and the new product, service, or other result that is intended to satisfy those requirements?

Options:

A.

Develop Project Management Plan

B.

Develop Project Charter

C.

Direct and Manage Project Execution

D.

Collect Requirements

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Questions 130

Which tool or technique allows a large number of ideas to be classified into groups for review and analysis?

Options:

A.

Nominal group technique

B.

Idea/mind mapping

C.

Affinity diagram

D.

Brainstorming

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Questions 131

A project manager builds consensus and overcomes obstacles by employing which communication technique?

Options:

A.

Listening

B.

Facilitation

C.

Meeting management

D.

Presentation

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Questions 132

During which process would stakeholders provide formal acceptance of the completed project scope?

Options:

A.

Perform Quality Control

B.

Verify Scope

C.

Control Scope

D.

Develop Schedule

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Questions 133

Which of the following is a tool or technique of the Define Activities process?

Options:

A.

Rolling wave planning

B.

Precedence diagramming method (PDM)

C.

Alternatives analysis

D.

Parametric estimating

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Questions 134

Which category of contracts are sellers legally obligated to complete, with possible financial damages if the project objectives are not met?

Options:

A.

Cost-reimbursable contracts

B.

Time and Material contracts (T&M)

C.

Fixed-price contracts

D.

Cost Plus Fixed Fee Contracts (CPFF)

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Questions 135

The project management processes presented in the PMBOK Guide® should:

Options:

A.

always be applied uniformly.

B.

be selected as appropriate by the sponsor.

C.

be selected as appropriate by the project team.

D.

be applied based on ISO guidelines.

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Questions 136

Information collected on the status of project activities being performed to accomplish the project work is known as what?

Options:

A.

Project management information system

B.

Work performance information

C.

Work breakdown structure

D.

Variance analysis

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Questions 137

The individual or group that provides resources and support for a project and is accountable for success is the:

Options:

A.

sponsor

B.

customer

C.

business partners

D.

functional managers

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Exam Code: PMI-001
Exam Name: Project Management Professional v5
Last Update: Dec 21, 2024
Questions: 918

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