Pass the PMI Project-Management-Professional PMI-001 Questions and answers with CertsForce

Viewing page 3 out of 14 pages
Viewing questions 41-60 out of questions
Questions # 41:

On what is project baseline development established?

Options:

A.

Approved product requirements


B.

Estimated project cost and schedule


C.

Actual project cost and schedule


D.

Revised project cost and schedule


Expert Solution
Questions # 42:

The three processes of Project Cost Management are:

Options:

A.

Estimate Costs, Control Schedule, and Control Costs.


B.

Estimate Costs, Determine Budget, and Estimate Activity Resources.


C.

Determine Budget, Control Schedule, and Estimate Activity Resources.


D.

Estimate Costs, Determine Budget, and Control Costs.


Expert Solution
Questions # 43:

An effective technique for resolving conflict that incorporates multiple viewpoints from differing perspectives to achieve consensus and commitment is:

Options:

A.

smooth/accommodate.


B.

force/direct,


C.

collaborate/problem solve,


D.

compromise/reconcile.


Expert Solution
Questions # 44:

Which tool or technique is used in validating the scope of a project?

Options:

A.

Facilitated workshops


B.

Interviews


C.

Inspection


D.

Meetings


Expert Solution
Questions # 45:

Funding limit reconciliation is a tool and technique used in which process?

Options:

A.

Control Costs


B.

Determine Budget


C.

Estimate Costs


D.

Control Budget


Expert Solution
Questions # 46:

Which type of analysis is used to determine the cause and degree of difference between the baseline and actual performance?

Options:

A.

Schedule network analysis


B.

Reserve analysis


C.

Alternative analysis


D.

Variance analysis


Expert Solution
Questions # 47:

Which is a communication method used in the Report Performance process?

Options:

A.

Expert judgment


B.

Project management methodology


C.

Stakeholder analysis


D.

Status review meetings


Expert Solution
Questions # 48:

Which process is responsible for monitoring the status of the project and product scope and managing changes to the scope baseline?

Options:

A.

Variance Analysis


B.

Define Scope


C.

Verify Scope


D.

Control Scope


Expert Solution
Questions # 49:

Which earned value management (EVM) metric is a measure of the cost efficiency of budgeted resources expressed as a ratio of earned value (EV) to actual cost (AC) and is considered a critical EVM metric?

Options:

A.

Cost variance (CV)


B.

Cost performance index (CPI)


C.

Budget at completion (BAC)


D.

Variance at completion (VAC)


Expert Solution
Questions # 50:

When cost variance is negative and schedule variance is positive, the project is:

Options:

A.

under budget and behind schedule.


B.

over budget and ahead of schedule.


C.

on schedule.


D.

complete; all planned values have been earned.


Expert Solution
Questions # 51:

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

Options:

A.

Increases


B.

Decreases


C.

Stays the same


D.

Has no bearing


Expert Solution
Questions # 52:

Which standard examines an enterprise’s project management process capabilities?

Options:

A.

PMBOK Guide


B.

The Standard for Program Management


C.

Organizational Project Management Maturity Model “OPMJ


D.

The Standard for Portfolio Management


Expert Solution
Questions # 53:

Which of the following tools and techniques is used to estimate cost?

Options:

A.

Budget forecast


B.

Variance analysis


C.

Activity cost estimate


D.

Three-point estimate


Expert Solution
Questions # 54:

Which term describes an assessment of correctness?

Options:

A.

Accuracy


B.

Precision


C.

Grade


D.

Quality


Expert Solution
Questions # 55:

Which technique is utilized in the Control Schedule process?

Options:

A.

Performance measure


B.

Baseline schedule


C.

Schedule network analysis


D.

Variance analysis


Expert Solution
Questions # 56:

Within a matrix organization, dual reporting of team members is a risk for project success. Who is responsible for managing this dual reporting relationship factor?

Options:

A.

Functional manager


B.

Project manager


C.

Functional manager supported by the project manager


D.

Project management office


Expert Solution
Questions # 57:

Which process involves developing an approximation of the monetary resources needed to complete project activities?

Options:

A.

Estimate Costs


B.

Control Costs


C.

Determine Budget


D.

Plan Cost Management


Expert Solution
Questions # 58:

Which is an input to the Scope Verification Process?

Options:

A.

Performance report


B.

Work breakdown structure


C.

Requested changes


D.

Project scope statement


Expert Solution
Questions # 59:

For any given project, the project manager, in collaboration with the project team, is responsible for:

Options:

A.

Applying knowledge, skills, and processes uniformly.


B.

Informing the project sponsor about which processes are going to be used.


C.

Tailoring the processes to fit the abilities of the organization.


D.

Determining which particular processes are appropriate.


Expert Solution
Questions # 60:

Which of the following response strategies are appropriate for negative risks or threats?

Options:

A.

Share, Accept, Transfer, or Mitigate


B.

Exploit, Enhance, Share, or Accept


C.

Mitigate, Share, Avoid, or Accept


D.

Avoid, Mitigate, Transfer, or Accept


Expert Solution
Viewing page 3 out of 14 pages
Viewing questions 41-60 out of questions