PMI PMBOK Knowledge Areas 5

Question 1

A project is 50% complete. The Budget at Completion (BAC) is $200,000, and the Actual Cost (AC) is $110,000. What is the Estimate at Completion (EAC) assuming the current CPI will continue?

Accepted Answer

$220,000

Answer

$200,000

Answer

$210,000

Answer

$180,000

Question 2

Which Integration Management process involves gathering and distributing performance information, including status reports, progress measurements, and forecasts?

Accepted Answer

Monitor and Control Project Work

Answer

Direct and Manage Project Work

Answer

Manage Project Knowledge

Answer

Close Project or Phase

Question 3

A project manager discovers that the team is consistently gold-plating deliverables by adding unauthorized features. Which process should be strengthened?

Accepted Answer

Control Scope

Answer

Define Scope

Answer

Validate Scope

Answer

Collect Requirements

Question 4

A finish-to-start dependency with a lag of 5 days means:

Accepted Answer

Activity B cannot start until 5 days after Activity A finishes

Answer

Activity B must start 5 days before Activity A finishes

Answer

Activity B must finish 5 days before Activity A starts

Answer

Activity B can start 5 days before Activity A finishes

Question 5

Which resource management tool shows the amount of work required by a resource over time and helps identify over-allocation?

Accepted Answer

Resource histogram

Answer

Resource calendar

Answer

Responsibility Assignment Matrix

Answer

Organizational breakdown structure

Question 6

In Risk Management, the risk response strategy of transferring a risk is BEST illustrated by which example?

Accepted Answer

Purchasing insurance or using a fixed-price contract

Answer

Changing the project plan to avoid the risky activity

Answer

Developing a contingency plan for if the risk occurs

Answer

Reducing the probability that the risk will occur

Question 7

Which closing activity ensures project records are archived, final payments are made, and team members are released in an organized manner?

Accepted Answer

Close Project or Phase

Answer

Perform Integrated Change Control

Answer

Monitor and Control Project Work

Answer

Control Procurement