Exam Code: PMI-001
Exam Name: Project Management Professional
Updated: Dec 16, 2024
Q&As: 920
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Which item is a cost of conformance?
A. Training
B. Liabilities
C. Lost business
D. Scrap
Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?
A. Fixed Price with Economic Price Adjustments Contract (FP-EPA)
B. Cost-Reimbursable Contract (CR)
C. Firm-Fixed -Price Contract (FFP)
D. Fixed-Price-Incentive-Fee Contract (FPIF)
Which Process Group contains those processes performed to define a new project?
A. Initiating
B. Planning
C. Executing
D. Closing
An input of the Create WBS process is:
A. requirements documentation.
B. scope baseline.
C. project charter.
D. validated deliverables.
Which of the following lists contain processes that are included within Project Procurement Management?
A. Plan purchases and acquisitions, plan contracting, request seller responses, select sellers
B. Plan purchases and acquisitions, request seller responses, select sellers, schedule control
C. Plan purchases and acquisitions, acquire project team, request seller responses, select sellers
D. Plan purchases and acquisitions, acquire project team, contract approval, select sellers
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