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PMI Updated PMI-001 Exam Questions and Answers by lillian

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PMI PMI-001 Exam Overview :

Exam Name: Project Management Professional v5
Exam Code: PMI-001 Dumps
Vendor: PMI Certification: Project-Management-Professional
Questions: 918 Q&A's Shared By: lillian
Question 104

The process of monitoring the status of the project and product scope as well as managing the changes to the scope baseline is known as:

Options:

A.

Validate Scope.

B.

Plan Scope Management.

C.

Control Scope.

D.

Define Scope.

Discussion
Question 105

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?

Options:

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)

Discussion
Question 106

When does Monitor and Control Risks occur?

Options:

A.

At project initiation

B.

During work performance analysis

C.

Throughout the life of the project

D.

At project milestones

Discussion
Question 107

The CPI is .92, and the EV is US$172,500.What is the actual cost of the project?

Options:

A.

US$158,700

B.

US$172,500

C.

US$187,500

D.

US$245,600

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