PMI-001 PMP Closing V5

Project Management Professional v5

The Project Management Institute (PMI) offers a professional certification for project managers, known as
the Project Management Professional (PMP)®. PMI’s professional certification examination development
processes stand apart from other project management certification examination development practices.
PMI aligns its process with certification industry best practices, such as those found in the Standards for
Educational and Psychological Testing. The PMP® certification is also accredited against the internationally
recognized ISO 17024 standard.1

Conciliation is a tool for credit lines, and the technology used that method?

The agreement, which the seller shall be replaced by the performance of all eligible costs, contract work and then pay a bonus based on the achievement of certain financial targets are called:

Three process Project Cost Management are:

Project or phase closure guidelines or requirements, historical information, and the lessons learned knowledge base are examples of which input to the Close Project or Phase process?

At the completion of a project, a report is prepared that details the outcome of the research conducted on a global trend during the project. Which item did this project create?

What quality control tool to graphically see how different parts of the system related to one another?

Which process includes combining the estimated costs of individual schedule activities or work packages?

External organizations that have a special relationship with the enterprise and provide specialized expertise are called:

Which tool or technique used in the Control Procurements process can be conducted during the execution of the project to verify compliance with deliverables?

10.

Lessons learned are created and project resources are released in which Process Group?

11.

With the cost variance is negative and schedule variance is positive, the project is:

12.

Which conflict resolution technique searches for solutions that bring some degree of satisfaction to all parties in order to temporarily or partially resolve the conflict?

13.

During which process does a project manager review all prior information to ensure that all project work is completed and that the project has met its objectives?

14.

The detailed steps of the process development plan for the analysis in order to identify which improve their:

15.

Which process is responsible for monitoring the status of the project and the scope of the product and the extent of managing changes to the baseline?

16.

Updates to organizational process assets such as procurement files, deliverable acceptances, and lessons learned documentation are typical outputs of which process?

17.

What is the current development of the project established?

18.

An output of the Direct and Manage Project Work process is:

19.

Conditions that are not under the control of the project team that influence, direct, or constrain a project are called:

20.

Sharing good practices introduced or implemented in similar projects in the organization and/or industry is an example of:

21.

Under what type of contract the seller does not receive compensation for the performance of all eligible costs of the contract work, as well as a fixed fee payment calculated as a percentage of the initial estimated cost of the project?

22.

When a backward pass is calculated from a schedule constraint that is later than the early finish date that has been calculated during a forward pass calculation, this causes which type of total float?

23.

Retreating from an actual or potential conflict or postponing the issue to be better prepared or to be resolved by others describes which of the five general techniques for managing conflict?

24.

An input to Close Project or Phase is:

25.

Which organizational process assets update is performed during the Close Procurements process?

26.

What is the goal of the development project process?

27.

Which tools or techniques are used during the Close Project or Phase process?

28.

Plan-do-check-act is also known as:

29.

When alternative dispute resolution (ADR) is necessary, which tool or technique should be utilized?

30.

Which Knowledge Areas include processes from the Closing Process Group?

31.

Which technology utilized in the Control Schedule process?

32.

The individual or group that provides resources and support for a project and is accountable for success is the:

33.

An example of a group decision-making technique is:

34.

Total planned (PV) is also known as:

35.

Every quality control technology to illustrate the 80/20 principle?

36.

Completion of the product scope is measured against the product:

37.

The process to ensure that appropriate quality standards and operational definitions are used:

38.

Every baselines constitute the performance measurement baseline?

39.

What is the minimum project schedule should contain?

40.

What will happen to the project stakeholders affected by the passage of time?

41.

Which technique should a project manager use in a situation in which a collaborative approach to conflict management is not possible?

42.

Each index is calculated projection of cost performance that can be achieved in the remaining work to meet a specified management objective?

43.

Which of the following is a tool or technique used in Determine Budget procedure?

44.

A reward can only be effective if it is:

45.

Using the following information, which is a Schedule Performance Index (SPI)? EV = $ 500 = $ 750 PV AC = $ 1000 $ 1200 BAC

46.

At what time monitoring and control of the risks occurring?

47.

Which type of dependency is legally or contractually required or inherent in the nature of work and often involves physical limitations?

48.

After allowing the agency will take longer than planned to issue a permit, this risk can be described as:

49.

Sensitivity analysis is typically displayed as a/an:

50.

When closing a project or phase, part of the process may require the use of which type of analysis?

51.

A project manager builds consensus and overcomes obstacles by employing which communication technique?

52.

The process of identifying and documenting relationships among the project activities is known as:

53.

The project budget is set to $ 150,000. the duration of the project is designed for one year. the end of Week 16 of the project the following information is collected: Actual Cost = $ 50,000 = Plan costs $ 45,000 earned value = $ 40,000 What is the Cost Performance Index?

54.

Those who enter into a contractual agreement to provide services necessary for a project are:

55.

Ensuring that the projects and programs is expected to prioritize the allocation of resources is a priority, which of the following?

56.

Which of the following is a tool and technique used to track risks?

57.

Where the data range employs the processes required to ensure timely and proper fashion, collection, distribution, storage, retrieval, and ultimate investment project information?

58.