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Project Management Professional v5

Last Update 3 hours ago Total Questions : 918

The Project Management Professional v5 content is now fully updated, with all current exam questions added 3 hours ago. Deciding to include PMI-001 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our PMI-001 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these PMI-001 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Project Management Professional v5 practice test comfortably within the allotted time.

Question # 221

Which characteristics do effective project managers possess?

A.

Project management knowledge, performance skills, and personal effectiveness

B.

Preparedness, project management knowledge, and personality characteristics

C.

General management, preparedness, and project management knowledge

D.

Assertiveness, collaboration, and performance skills

Question # 222

Which of the following is an example of a technique used in quantitative risk analysis?

A.

Sensitivity analysis

B.

Probability and impact matrix

C.

Risk data quality assessment

D.

Risk categorization

Question # 223

An electronics firm authorizes a new project to develop a faster, cheaper, and smaller laptop after improvements in the industry and electronics technology. With which of the following strategic considerations is this project mainly concerned?

A.

Customer request

B.

Market demand

C.

Technological advance

D.

Strategic opportunity

Question # 224

Monte Carlo is which type of risk analysis technique?

A.

Probability

B.

Quantitative

C.

Qualitative

D.

Sensitivity

Question # 225

Which of the following statements best describes the influence of stakeholders and the cost of changes as project time advances?

A.

The influence of the stakeholders increases, the cost of changes increases.

B.

The influence of the stakeholders decreases, the cost of changes increases.

C.

The influence of the stakeholders increases, the cost of changes decreases.

D.

The influence of the stakeholders decreases, the cost of changes decreases.

Question # 226

The Define Scope process is in which of the following Process Groups?

A.

Initiating

B.

Planning

C.

Monitoring and Controlling

D.

Executing

Question # 227

The component of the risk management plan that documents how risk activities will be recorded is called:

A.

tracking

B.

scoping

C.

timing

D.

defining

Question # 228

The organization's perceived balance between risk taking and risk avoidance is reflected in the risk:

A.

Responses

B.

Appetite

C.

Tolerance

D.

Attitude

Question # 229

What is the most accurate rough order of magnitude (ROM)?

A.

In the Initiation phase, the estimate is in the range of +/- 50%.

B.

In the Planning phase, the estimate is in the range of +/- 50%.

C.

In the Monitoring and Controlling phase, the estimate is in the range of +/- 15%.

D.

In the Closing phase, the estimate is in the range of +/- 15%.

Question # 230

One of the objectives of a quality audit is to:

A.

highlight the need for root cause analysis.

B.

share the process documentation among stakeholders.

C.

offer assistance with non-value-added activities.

D.

identify all of the gaps or shortcomings.

Question # 231

Which input to the Plan Risk Management process provides information on high-level risks?

A.

Project charter

B.

Enterprise environmental factors

C.

Stakeholder register

D.

Organizational process assets

Question # 232

Which input to the Identify Stakeholders process provides information about internal or external parties related to the project?

A.

Procurement documents

B.

Communications plan

C.

Project charter

D.

Stakeholder register

Question # 233

Which of the following is an example of contract administration?

A.

Negotiating the contract

B.

Authorizing contractor work

C.

Developing the statement of work

D.

Establishing evaluation criteria

Question # 234

The risk response strategy in which the project team acts to reduce the probability of occurrence or impact of a risk is known as:

A.

exploit

B.

avoid

C.

mitigate

D.

share

Question # 235

Which of the following is an input to the Perform Qualitative Risk Analysis process?

A.

Risk register

B.

Risk data quality assessment

C.

Risk categorization

D.

Risk urgency

Question # 236

An input required to develop a preliminary project scope statement is:

A.

Organizational Structure

B.

Organizational Process Assets

C.

Organizational Matrix

D.

Organizational Breakdown Structures

Question # 237

Which of the following investigates the likelihood that each specific risk will occur?

A.

Risk register

B.

Risk audits

C.

Risk urgency assessment

D.

Risk probability and impact assessment

Question # 238

Which process is usually a rapid and cost-effective means of establishing priorities for Plan Risk Responses?

A.

Identify Risks

B.

Plan Risk Management

C.

Perform Qualitative Risk Analysis

D.

Perform Quantitative Risk Analysis

Question # 239

The project manager notes that stakeholders are aware of the project and potential impacts and are actively engaged in ensuring that the project is a success. The engagement level of the stakeholders should be classified as:

A.

Supportive

B.

Leading

C.

Neutral

D.

Resistant

Question # 240

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 information.

B.

Inspections and audits.

C.

Payment systems.

D.

Procurement performance reviews.

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