PMI PMI-001 : Project Management Professional V5

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PMI Project Management Professional V5 Sample Questions:

1. Funding limit reconciliation is a tool and technique of which Project Cost Management process?

A) Determine Budget
B) Plan Cost Management
C) Control Costs
D) Estimate Costs

2. 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 Monitoring and Controlling phase, the estimate is in the range of +/- 15%.
C) In the Closing phase, the estimate is in the range of +/- 15%.
D) In the Planning phase, the estimate is in the range of +/- 50%.

3. What is one of the MAJOR outputs of activity sequencing?

A) Project network diagram
B) Mandatory dependencies list
C) Work breakdown structure update
D) Responsibility assignment matrix

4. Your project has an EV of 100 work-days, an AC of 120 work-days, and a PV of 80 work days. What should be your concern?

A) The project is 20 days behind schedule.
B) There is a cost under run.
C) There is a cost overrun.
D) May not meet deadline.

5. The project manager for XYZ stationers is sequencing the activities for the project to set up a new office. It is known from knowledge of best practices that it is better to wait for the painters to finish painting the walls before the new floors are installed. This is an example of which of the following types of dependency?

A) Mandatory
B) External
C) Discretionary
D) Precedence

Solutions: