PMI PMI Certification PMI-001 Questions & Answers

• Question 851:

  A reward can only be effective if it is:

  A. Given immediately after the project is completed.

  B. Something that is tangible.

  C. Formally given during project performance appraisals.

  D. Satisfying a need valued by the individual.

  Correct Answer: D

• Question 852:

  The definition of when and how often the risk management processes will be performed throughout the project life cycle is included in which risk management plan component?

  A. Timing

  B. Methodology

  C. Risk categories

  D. Budgeting

  Correct Answer: A

• Question 853:

  Which process in Project Time Management includes reserve analysis as a tool or technique?

  A. Estimate Activity Resources

  B. Sequence Activities

  C. Estimate Activity Durations

  D. Develop Schedule

  Correct Answer: C

• Question 854:

  Which risk management strategy seeks to eliminate the uncertainty associated with a particular upside risk by ensuring that the opportunity is realized?

  A. Enhance

  B. Share

  C. Exploit

  D. Accept

  Correct Answer: C

• Question 855:

  Payback period, return on investment, internal rate of return, discounted cash flow, and net present value are all examples of:

  A. Expert judgment.

  B. Analytical techniques.

  C. Earned value management.

  D. Group decision-making techniques.

  Correct Answer: B

• Question 856:

  An output of the Plan Quality Management process is: A. A process improvement plan,

  B. Quality control measurements.

  C. Work performance information,

  D. The project management plan.

  Correct Answer: A

• Question 857:

  A project manager should document the escalation path for unresolved project risks in the:

  A. Change control plan

  B. Stakeholder register

  C. Risk log

  D. Communications management plan

  Correct Answer: D

• Question 858:

  A risk response strategy in which the project team shifts the impact of a threat, together with ownership of the response, to a third party is called:

  A. mitigate

  B. accept

  C. transfer

  D. avoid

  Correct Answer: C

• Question 859:

  Which process determines the risks that may affect the project and documents their characteristics?

  A. Control Risks

  B. Plan Risk Management

  C. Plan Risk Responses

  D. Identify Risks

  Correct Answer: D

• Question 860:

  An example of a group decision-ma king technique is:

  A. Nominal group technique.

  B. Majority.

  C. Affinity diagram.

  D. Multi-criteria decision analysis.

  Correct Answer: B