PMI PMI Certifications PMI-100 Questions & Answers

• Question 541:

  Which of the following processes audits the quality requirements and the results from quality control measures to ensure appropriate quality standards and operational definitions are used?

  A. Perform Quality Control

  B. Quality Metrics

  C. Perform Quality Assurance

  D. Plan Quality

  Correct Answer: C

  Explanation:

  Process: 8.2 Perform Quality Assurance

  Definition: The process of auditing the quality requirements and the results from quality control measurements to ensure that appropriate quality standards and operational definitions are used.Key Benefit: The key benefit of this process is that it facilitates the improvement of quality processes.

  Inputs

  1.

  Quality management plan

  2.

  Process improvement plan

  3.

  Quality metrics

  4.

  Quality control measurements

  5.

  Project documents

  Tools and Techniques

  1.

  Quality management and control tools

  2.

  Quality audits

  3.

  Process analysis

  Outputs

  1.

  Change requests

  2.

  Project management plan updates

  3.

  Project documents updates

  4.

  Organizational process assets updates

• Question 542:

  Which of the following terms indicates a deliverable-oriented hierarchical decomposition of the project work?

  A. WBS directory

  B. Activity list

  C. WBS

  D. Project schedule

  Correct Answer: C

• Question 543:

  Which process occurs within the Monitoring and Controlling Process Group?

  A. Control Costs

  B. Plan Quality

  C. Perform Quantitative Risk Analysis

  D. Determine Budget

  Correct Answer: A

  Explanation:

  Monitoring and Controlling Process Group

  4.4 Monitor and Control Project Work

  4.5

  Perform Integrated Change Control

  5.5

  Validate Scope

  5.6

  Control Scope

  6.7

  Control Schedule

  7.4

  Control Costs

  8.3

  Control Quality

  10.3

  Control Communications

  11.6

  Control Risks

  12.3

  Control Procurements

  13.4

  Control Stakeholder Engagement

  Process: 7.4 Control Costs Definition: The process of monitoring the status of the project to update the project costs and managing changes to the cost baseline. Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.

  Inputs

  1.

  Project management plan

  2.

  Project funding requirements

  3.

  Work performance data

  4.

  Organizational process assets

  Tools and Techniques

  1.

  Earned value management

  2.

  Forecasting

  3.

  To-complete performance index (TCPI)

  4.

  Performance reviews

  5.

  Project management software

  6.

  Reserve analysis

  Outputs

  1.

  Work performance information

  2.

  Cost forecasts

  3.

  Change requests

  4.

  Project management plan updates

  5.

  Project documents updates

  6.

  Organizational process assets updates

• Question 544:

  What risk technique is used to quantify the probability and impact of risks on project objectives?

  A. Expert judgment

  B. Risk registry

  C. Risk response planning

  D. Interviewing

  Correct Answer: D

  Explanation:

  11.2.2.2 Information Gathering Techniques

  Examples of information gathering techniques used in identifying risks can include:

  Brainstorming. The goal of brainstorming is to obtain a comprehensive list of project risks. The project team usually performs brainstorming, often with a multidisciplinary set of experts who are not part of the team. Ideas about project risk are generated under the leadership of a facilitator, either in a traditional free-form brainstorm session or structured mass interviewing techniques. Categories of risk, such as in a risk breakdown structure, can be used as a framework. Risks are then identified and categorized by type of risk and their definitions are refined.

  Delphi technique. The Delphi technique is a way to reach a consensus of experts. Project risk experts participate in this technique anonymously. A facilitator uses a questionnaire to solicit ideas about the important project risks. The responses are summarized and are then recirculated to the experts for further comment. Consensus may be reached in a few rounds of this process. The Delphi technique helps reduce bias in the data and keeps any one person from having undue influence on the outcome.

  Interviewing. Interviewing experienced project participants, stakeholders, and subject matter experts helps to identify risks.

  Root cause analysis. Root-cause analysis is a specific technique used to identify a problem, discover the underlying causes that lead to it, and develop preventive action.

• Question 545:

  A purchase order for a specified item to be delivered by a specified date for a specified price is the simplest form of what type of contract?

  A. Cost-reimbursable

  B. Time and material

  C. Fixed price or lump-sum

  D. Cost-plus-fixed-fee

  Correct Answer: C

  Explanation:

  • Units of measure. Each unit used in measurements (such as staff hours, staff days, weeks for time measures; or meters, liters, tons, kilometers, or cubic yards for quantity measures; or lump sum in currency form) is defined for each of the resources.

  Fixed-price contracts. This category of contracts involves setting a fixed total price for a defined product, service, or result to be provided. Fixed-price contracts may also incorporate financial incentives for achieving or exceeding selected project objectives, such as schedule delivery dates, cost and technical performance, or anything that can be quantified and subsequently measured. Sellers under fixed-price contracts are legally obligated to complete such contracts, with possible financial damages if they do not. Under the fixed-price arrangement, buyers need to precisely specify the product or services being procured. Changes in scope may be accommodated, but generally with an increase in contract price.

• Question 546:

  In which process might a project manager use risk reassessment as a tool and technique?

  A. Perform Qualitative Risk Analysis

  B. Monitor and Control Risk

  C. Monitor and Control Project Work

  D. Plan Risk Responses

  Correct Answer: B

• Question 547:

  In which domain of project management would a Pareto chart provide useful information?

  A. Project Scope Management

  B. Project Time Management

  C. Project Communications Management

  D. Project Quality Management

  Correct Answer: D

• Question 548:

  Ensuring that both parties meet contractual obligations and that their own legal rights are protected is a function of:

  A. Conduct Procurements.

  B. Close Procurements.

  C. Administer Procurements,

  D. Plan Procurements.

  Correct Answer: C

• Question 549:

  Which of the following factors is lowest at the start of the project?

  A. Cost of changes

  B. Stakeholder influences

  C. Risk

  D. Uncertainty

  Correct Answer: A

• Question 550:

  Which process determines the risks that might affect the project?

  A. Perform Qualitative Risk Analysis

  B. Identify Risks

  C. Plan Risk Management

  D. Perform Quantitative Risk Analysis

  Correct Answer: B