PMI-100 Certified Associate Management Practical Exam Set 10

Analytical techniques are a tool and technique of which process in Project Procurement Management?


Options are :

  • Control Procurements
  • Plan Procurement Management
  • Close Procurements
  • Conduct Procurements (Correct)

Answer : Conduct Procurements

The process of obtaining seller responses, selecting a seller, and awarding a contract is called:


Options are :

  • Close Procurements.
  • Conduct Procurements. (Correct)
  • Plan Procurements.
  • Control Procurements.

Answer : Conduct Procurements.

A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:


Options are :

  • Fixed Price Incentive Fee (FPIF).
  • Fixed Price with Economic Price Adjustment (FP-EPA).
  • Cost Plus Award Fee (CPAF).
  • Cost Plus Incentive Fee (CPIF). (Correct)

Answer : Cost Plus Incentive Fee (CPIF).

Which element does a project charter contain?


Options are :

  • Work breakdown structure
  • Stakeholder register
  • Management reserves
  • Stakeholder list (Correct)

Answer : Stakeholder list

Which of the Perform Quality Assurance tools and techniques may enhance the creation of the work breakdown structure (VVBS) to give structure to the decomposition of the scope?


Options are :

  • Interrelationship digraphs
  • Affinity diagrams (Correct)
  • Matrix diagrams
  • Activity network diagrams

Answer : Affinity diagrams

The degree, amount, or volume of risk that an organization or individual will withstand is called risk:


Options are :

  • threshold
  • appetite
  • tolerance (Correct)
  • management

Answer : tolerance

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


Options are :

  • Control Costs
  • Plan Cost Management
  • Estimate Costs
  • Determine Budget (Correct)

Answer : Determine Budget

Which basic quality tool explains a change in the dependent variable in relationship to a change observed in the corresponding independent variable?


Options are :

  • Control chart
  • Histogram
  • Cause-and-effect diagram
  • Scatter diagram (Correct)

Answer : Scatter diagram

Variance and trend analysis is a tool and technique used in which process?


Options are :

  • Plan Risk Responses
  • Perform Qualitative Risk Analysis
  • Perform Quantitative Risk Analysis
  • Control Risks (Correct)

Answer : Control Risks

The primary benefit of the Plan Schedule Management process is that it:


Options are :

  • creates an overview of all activities broken down into manageable subsections.
  • provides guidance to identify time or schedule challenges within the project.
  • tightly links processes to create a seamless project schedule.
  • guides how the project schedule will be managed throughout the project. (Correct)

Answer : guides how the project schedule will be managed throughout the project.

When the business objectives of an organization change, project goals need to be:


Options are :

  • realigned (Correct)
  • performed
  • controlled
  • improved

Answer : realigned

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