PMI PMI Certifications PMP Questions & Answers

• Question 721:

  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:

  A. budget at completion (BAC)

  B. earned value management (EVM)

  C. to-complete performance index

  D. cost performance index

  Correct Answer: C

• Question 722:

  A collection of projects managed as a group to achieve strategic objectives is referred to as a:

  A. plan

  B. process

  C. program

  D. portfolio

  Correct Answer: D

• Question 723:

  Whose approval may be required for change requests after change control board (CCB) approval?

  A. Functional managers

  B. Business partners

  C. Customers or sponsors

  D. Subject matter experts

  Correct Answer: C

• Question 724:

  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).

  Correct Answer: B

• Question 725:

  Which enterprise environmental factors may influence Plan Schedule Management?

  A. Cultural views regarding time schedules and professional and ethical behaviors

  B. Historical information and change control procedures

  C. Risk control procedures and the probability and impact matrix

  D. Resource availability and organizational culture and structure

  Correct Answer: D

• Question 726:

  Which type of dependency used in the Sequence Activities process is sometimes referred to as preferred logic, preferential logic, or soft logic?

  A. Internal

  B. External

  C. Discretionary

  D. Mandatory

  Correct Answer: C

• Question 727:

  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 end.

  B. low, become steady as work is carried out, and increase as the project nears the end.

  C. high, drop as work is carried out, and increase as the project nears the end.

  D. high, become low as work is carried out, and drop as the project nears the end.

  Correct Answer: A

• Question 728:

  Success is measured by benefits realization for a:

  A. strategic plan

  B. project

  C. portfolio

  D. program

  Correct Answer: D

• Question 729:

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

  A. Plan Cost Management

  B. Plan Scope Management

  C. Plan Stakeholder Management

  D. Plan Schedule Management

  Correct Answer: C

• Question 730:

  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:

  A. Quality assurance.

  B. A stakeholder management plan.

  C. Project team building.

  D. Integrated change control.

  Correct Answer: D