PMI-001 PMI Exam Questions and Free Practice Test

Question 145

The review of a sellers progress toward achieving the goals of scope and quality within cost and schedule compared to the contract is known as:

A. Work performance informatio

B. Inspections and audit

C. Payment system

D. Procurement performance review

Correct Answer:D

Question 146

Which of the following outputs from the Control Schedule process aids in the communication of schedule variance (SV), schedule performance index (SPI), or any performance status to stakeholders?

A. Performance organizations

B. Schedule baselines

C. Work performance measurements

D. Change requests

Correct Answer:C

Question 147

What is a deliverable-oriented, hierarchical decomposition of the work to be executed to accomplish the project objectives and create the required deliverables?

A. Organizational breakdown structure (OBS)

B. Work performance information

C. Work package

D. Work breakdown structure (WBS)

Correct Answer:B

Question 148

A project lifecycle is defined as:

A. a collection of generally sequential and sometimes overlapping project phase

B. a process required to ensure that the project includes all the work required, and only the work required, to complete the project successfull

C. a recognized standard for the project management professio

D. the application of knowledge, skills, tools, and techniques to project activities to meet the project requirement

Correct Answer:A

Question 149

Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?

A. Fixed Price with Economic Price Adjustments Contract (FP-EPA)

B. Cost-Reimbursable Contract (CR)

C. Firm-Fixed -Price Contract (FFP)

D. Fixed-Price-Incentive-Fee Contract (FPIF)

Correct Answer:C

Question 150

Which quality planning tools and techniques are used to visually identify logical groupings based on natural relationships?

A. Force field diagrams

B. Cause-and-effect diagrams

C. Affinity diagrams

D. Nominal group techniques

Correct Answer:C

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