Top Tips for Passing the PMI PMI-001 Exam on Your First Try

Name: How to Pass PMI-001 Exams
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Questions 41

Which of the following processes is necessary to ensure that the project employs all processes needed to meet its requirements?

Options:

Perform Quality Control

Quality Policy

Perform Quality Assurance

Quality Planning

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Questions 42

Which of the following correctly lists the configuration management activities included in the Integrated Change Control process?

Options:

Configuration definition, configuration status accounting, configuration monitoring and control

Configuration identification, configuration status accounting, configuration verification and audit

Configuration identification, configuration status reporting, configuration verification and audit

Configuration definition, configuration status reporting, configuration monitoring and Control

Questions 43

The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline is:

Options:

Determine Budget.

Baseline Budget.

Control Costs.

Estimate Costs.

Questions 44

The Human Resource Management processes are:

Options:

Develop Human Resource Plan, Acquire Project Team, Develop Project Team, and Manage Project Team.

Acquire Project Team, Manage Project Team, Manage Stakeholder Expectations, and Develop Project Team.

Acquire Project Team, Develop Human Resource Plan, Conflict Management, and Manage Project Team.

Develop Project Team, Manage Project Team, Estimate Activity Resources, and Acquire Project Team.

Questions 45

Which of the following is an output of Close Procurements?

Options:

Accepted deliverables

Organizational process assets updates

Managing stakeholder expectations

Performance reports

Questions 46

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:

Schedule performance index (SPI)

Cost performance index (CPI)

Cost variance (CV)

Planned value (PV)

Questions 47

When are deliverables accepted or not accepted?

Options:

When the project is initiated

As an output of the scope verification process

When the project is closing

In the contract closure process

Questions 48

At the end of the project, what will be the value of SV?

Options:

Positive

Zero

Negative

Greater than one

Questions 49

When sequencing activities, what does the common acronym FF stand for?

Options:

Fixed Fee

Free Float

Fixed Finish

Finish-to-Finish

Questions 50

What type of reward can hurt team cohesiveness?

Options:

Sole-sum

Win-lose

Lose-win

Partial-sum

Questions 51

Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?

Options:

Sensitivity analysis

Three-point estimate

Modeling and simulation

Expected monetary value analysis

Questions 52

The cost benefit analysis tool is used for creating:

Options:

Pareto charts.

quality metrics.

change requests,

Ishikawa diagrams.

Questions 53

The process of identifying and documenting relationships among the project activities is known as:

Options:

Control Schedule.

Sequence Activities.

Define Activities.

Develop Schedule.

Questions 54

During which process does a project manager review all prior information to ensure that all project work is completed and that the project has met its objectives?

Options:

Monitor and Control Project Work

Perform Quality Assurance

Close Project or Phase

Control Scope

Questions 55

The process of formalizing acceptance of the completed project deliverables is known as:

Options:

Validate Scope.

Close Project or Phase.

Control Quality.

Verify Scope.

Questions 56

An input to Close Project or Phase is:

Options:

Accepted deliverables,

Final products or services,

Document updates,

Work performance information.

Questions 57

Which of the following tools and techniques are utilized in the Close Project or Phase process?

Options:

Project management information system

Product analysis

Expert judgment

Inspection

Questions 58

When alternative dispute resolution (ADR) is necessary, which tool or technique should be utilized?

Options:

Interactive communication

Claims administration

Conflict management

Performance reporting

Questions 59

An output of the Close Project (or Close Phase) process is:

Options:

accepted deliverables

organizational process asset updates

work performance information

project management plan updates

Questions 60

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:

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

Cost-Reimbursable Contract (CR)

Firm-Fixed -Price Contract (FFP)

Fixed-Price-Incentive-Fee Contract (FPIF)