PMI-100 PMI Exam Questions and Free Practice Test

Question 67

- (Topic 4)
Which tool or technique is used in Manage Stakeholder Expectations?

A. Stakeholder management strategy

B. Communication methods

C. Issue log

D. Change requests

Correct Answer:B

Question 68

- (Topic 4)
The project scope statement and resource calendars are inputs to which Project Time Management process?

A. Sequence Activities

B. Estimate Activity Resources

C. Develop Schedule

D. Control Schedule

Correct Answer:C

Question 69

- (Topic 5)
Which statement correctly describes the value of a business case?

A. It provides the necessary information to determine if a project is worth the required investment.

B. It provides for alternative dispute resolution procedures in event of contract default.

C. It offers one of several alternative scenarios which assist in performing qualitative risk analysis.

D. It is used to help a project manager understand the scope of commercial advantages.

Correct Answer:A

Question 70

- (Topic 2)
Which tool or technique is required in order to determine the project budget?

A. Cost of quality

B. Historical relationships

C. Project management software

D. Forecasting

Correct Answer:B

Question 71

- (Topic 2)
Using parametric estimating, if an assigned resource is capable of producing 120 units per hour, how many hours are required to produce 12,000 units?

A. 100

B. 120

C. 1,000

D. 1,200

Correct Answer:A

Question 72

- (Topic 5)
Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

A. Cost Plus Fixed Fee Contract (CPFF)

B. Cost Plus Incentive Fee Contract (CPIF)

C. Firm Fixed Price Contract (FFP)

D. Fixed Price with Economic Price Adjustment Contract (FP-EPA)

Correct Answer:A

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