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Free PMI PMI-002 Practice Exam with Questions & Answers | Set: 7

Questions 91

A contingency plan is executed when _______.

Options:
A.

A risk is identified

B.

An identified risk occurs

C.

When a workaround is needed

D.

All of the above

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Questions 92

A Strong Matrix is _____.

Options:
A.

A balanced matrix organization

B.

Where all team members are brought together in one location

C.

Where functional managers operate in a dual reporting structure reporting to both their own departments and to the project manager

D.

Power reset with Functional Manager

Questions 93

Which of the following is NOT considered a cost of non-conformance to quality?

Options:
A.

Scrap

B.

Rework

C.

Liabilities

D.

Training

Questions 94

Collect Requirements is:

Options:
A.

Developing a comprehensive plan based on input from major stakeholders

B.

The process of defining and documenting stakeholders needs to meet project objectives

C.

The process which provides information for planning project milestones

D.

Subdividing the project into smaller, more manageable components

Questions 95

Human resource administration is the primary responsibility of which of the following:

Options:
A.

Project Management Team

B.

Human Resources Department

C.

Executive Manager

D.

Project Manager

Questions 96

Estimated at Completion is determined by ___________.

Options:
A.

ETC + ACWP

B.

BAC - ETC

C.

BAC/CPI

D.

Both A and C

Questions 97

Which of the following is true concerning the evaluation criteria?

Options:
A.

Can often be found in procurement documents

B.

Can be objective or subjective

C.

Used to rate or score proposals

D.

All of the above

Questions 98

A project management professional can compare earned value performance data to all of the following project management tools EXCEPT:

Options:
A.

Critical path analysis

B.

Technical performance metrics

C.

Risk mitigation plans

D.

Forecasted final costs and schedule estimates

Questions 99

As part of the quality audit, the scope statement is checked against the work results to ensure the conformance to the customer requirements. The results should be documented and used for which of the following:

Options:
A.

Estimating future projects

B.

Changing the project scope

C.

Defining future project tasks

D.

Validating the quality process

Questions 100

The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order:

Options:
A.

Disciplinary, autocratic, and participative

B.

Staff planning, team training, and performance monitoring

C.

Team building, team development, and responsibility assignment

D.

Directing, coaching, supporting, and delegating

Questions 101

A unilateral contract under which the seller is paid a preset amount per unit of service is called __________.

Options:
A.

A cost reimbursable contract

B.

A lump sum contract

C.

A time and material contract

D.

A fixed price contract

Questions 102

Collect Requirements includes alternatives identification, which can be conducted by the common technique of

Options:
A.

Lateral thinking

B.

Value engineering

C.

Cost/benefit analysis

D.

Constraints analysis

Questions 103

Formal acceptance by the client or sponsor of the project should be prepared and distributed during which of the following process?

Options:
A.

Distribute Information

B.

Administrative Closure

C.

Organizational Planning

D.

Report Performance

Questions 104

How much time does a typical project manager spend communicating both formally and informally?

Options:
A.

40-60%

B.

50-70%

C.

60-80%

D.

75-90%

Questions 105

An individual's willingness to take a risk can be determined by which of the following:

Options:
A.

Decision Tree modelling

B.

Monte Carlo method

C.

Sensitivity analysis

D.

utility theory