PMI-001 Online Practice Questions and Answers

Which process develops options and actions to enhance opportunities and reduce threats to project objectives?

A. Identify Risks

B. Control Risks

C. Plan Risk Management

D. Plan Risk Responses

Processes in the Initiating Process Group may be completed at the organizational level and be outside of the project's:

A. Level of control.

B. Communication channels.

C. Scope.

D. Strategic alignment.

Which is an enterprise environmental factor?

A. Marketplace conditions

B. Policies and procedures

C. Project files from previous projects

D. Lessons learned from previous projects

The methodology that combines scope, schedule, and resource measurements to assess project performance and progress is known as:

A. Earned value management.

B. Forecasting.

C. Critical chain methodology.

D. Critical path methodology.

Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within:

A. project documents updates.

B. project management plan updates.

C. change requests.

D. work performance information.

The scope of a project cannot be defined without some basic understanding of how to create the specified:

A. objectives

B. schedule

C. product

D. approach

Which estimating technique uses the actual costs of previous similar projects as a basis for estimating the costs of the current project?

A. Analogous

B. Parametric

C. Bottom-up

D. Top-down

Which action should a project manager take to ensure that the project management plan is effective and current?

A. Conduct periodic project performance reviews.

B. Identify quality project standards.

C. Follow ISO 9000 quality standards.

D. Complete the quality control checklist.

The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline is:

A. Determine Budget.

B. Baseline Budget.

C. Control Costs.

D. Estimate Costs.

A project has an EV of 100 workdays, an AC of 120 workdays, and a PV of 80 workdays. What should be the concern?

A. There is a cost underrun.

B. There is a cost overrun.

C. The project may not meet the deadline.

D. The project is 20 days behind schedule.

Which of the following Process Groups covers all nine Project Management Knowledge Areas?

A. Executing

B. Monitoring and Controlling

C. Planning

D. Initiating

Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?

A. Risk identification

B. Qualitative risk analysis

C. Risk management planning

D. Quantitative risk analysis

Which Activity Duration Estimating technique incorporates additional timing for contingency purposes?

A. Analogous Estimating

B. Expert Judgment

C. Optimistic Estimates

D. Reserve Analysis

A tool or technique used during the Administer Procurements process is:

A. Expert judgment.

B. Bidder conference.

C. Procurement negotiation.

D. Performance reporting.

The person assigned by the performing organization to be responsible for achieving the project objectives is the:

A. functional manager

B. program manager

C. project manager

D. portfolio manager