PMI-001 PMI Exam Questions and Free Practice Test

Question 103

Managing ongoing production of goods and services to ensure business continues efficiently describes which type of management?

A. Portfolio

B. Project

C. Program

D. Operations

Correct Answer:D

Question 104

Which of the following is an enterprise environmental factor that can influence the Develop Project Charter process?

A. Organizational standard processes

B. Marketplace conditions

C. Historical information

D. Templates

Correct Answer:B

Question 105

Forecasts, requested changes, recommended corrective actions, and organizational process asset updates are all outputs of which process?

A. Risk response planning

B. Risk monitoring and control

C. Performance reporting

D. Manage stakeholders

Correct Answer:C

Question 106

When is a Salience Model used?

A. In a work breakdown structure (WBS)

B. During quality assurance

C. In stakeholder analysis

D. During quality control (QC)

Correct Answer:C

Question 107

Which of the following processes includes prioritizing risks for subsequent further analysis or action by assessing and combining their probability of occurrence and impact?

A. Qualitative risk analysis

B. Quantitative risk analysis

C. Risk management planning

D. Risk response planning

Correct Answer:A

Question 108

The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then receives a fee based upon achieving certain performance objectives is called a:

A. Cost Plus Incentive Fee Contract (CPIF).

B. Cost Plus Fixed Fee Contract (CPFF).

C. Fixed Price Incentive Fee Contract (FPIF).

D. Time and Material Contract (T&M).

Correct Answer:A

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