The Secret Of PMI PMI-001 Test

NEW QUESTION 1
When managing a project team, what helps to reduce the amount of conflict?

• A. Clear role definition
• B. Negotiation
• C. Risk response planning
• D. Team member replacement

Answer: A

NEW QUESTION 2
Based on the following metrics: EV=$20,000, AC=$22,000, and PV=$28,000, what is the project CV?

• A. -8000
• B. -2000
• C. 2000
• D. 8000

Answer: B

NEW QUESTION 3
At the start of a typical project life cycle, costs are:

• A. low, peak as work is carried out, and drop as the project nears the en
• B. low, become steady as work is carried out, and increase as the project nears the en
• C. high, drop as work is carried out, and increase as the project nears the en
• D. high, become low as work is carried out, and drop as the project nears the en

Answer: D

NEW QUESTION 4
Which baselines make up the performance measurement baseline?

• 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

Answer: A

NEW QUESTION 5
Testing falls into which of the following categories of cost of quality?

• A. Internal failure costs
• B. Prevention costs
• C. Appraisal costs
• D. External failure costs

Answer: C

NEW QUESTION 6
Funding limit reconciliation is a tool and technique of which Project Cost Management process?

• A. Estimate Costs
• B. Control Costs
• C. Plan Cost Management
• D. Determine Budget

Answer: D

NEW QUESTION 7
Plan-do-check-act is also known as:

• A. prevention over inspectio
• B. statistical samplin
• C. management responsibility,
• D. continuous improvemen

Answer: D

NEW QUESTION 8
A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:

• A. Cost Plus Incentive Fee (CPIF).
• B. Fixed Price Incentive Fee (FPIF).
• C. Cost Plus Award Fee (CPAF).
• D. Fixed Price with Economic Price Adjustment (FP-EPA).

Answer: B

NEW QUESTION 9
A weighting system is a tool for which area of Conduct Procurements?

• A. Plan contracting
• B. Requesting seller responses
• C. Selecting seller's
• D. Planning purchase and acquisition

Answer: C

NEW QUESTION 10
What are the identified risks for doingexcessive decomposition in a WBS?

• A. Insufficient project funding and disqualification of sellers
• B. Insufficient project funding and ineffective use of resources
• C. Disqualification of sellers and non-productive management efforts
• D. Non-productive management effort and inefficient use of resources

Answer: D

NEW QUESTION 11
Work performance information and cost forecasts are outputs of which Project Cost Management process?

• A. Estimate Costs
• B. Plan Cost Management
• C. Determine Budget
• D. Control Costs

Answer: D

NEW QUESTION 12
In which process might you use risk reassessment as a tool and technique?

• A. Qualitative risk analysis
• B. Risk monitoring and control
• C. Monitor and control project work
• D. Risk response planning

Answer: B

NEW QUESTION 13
The process improvement plan details the steps for analyzing processes to identify activities which enhance their:

• A. qualit
• B. valu
• C. technical performanc
• D. statu

Answer: B

NEW QUESTION 14
Which tool or technique is an examination of industry and specific vendor capabilities?

• A. Independent estimates
• B. Market research
• C. Analytical techniques
• D. Bidder conferences

Answer: B

NEW QUESTION 15
Which process involves subdividing project deliverables and project work into smaller, more manageable portions?

• A. Develop Schedule
• B. Create VVBS
• C. Estimate Activity Resources
• D. Define Scope

Answer: B

NEW QUESTION 16
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