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PMI Updated PMI-001 Exam Questions and Answers by lillian

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PMI PMI-001 Exam Overview :

Exam Name: Project Management Professional v5
Exam Code: PMI-001 Dumps
Vendor: PMI Certification: Project-Management-Professional
Questions: 918 Q&A's Shared By: lillian
Question 104

The process of monitoring the status of the project and product scope as well as managing the changes to the scope baseline is known as:

Options:

A.

Validate Scope.

B.

Plan Scope Management.

C.

Control Scope.

D.

Define Scope.

Discussion
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Question 105

Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

Options:

A.

Cost Plus Fixed Fee Contract (CPFF)

B.

Cost Plus Incentive Fee Contract (CPIF)

C.

Firm Fixed Price Contract (FFP)

D.

Fixed Price with Economic Price Adjustment Contract (FP-EPA)

Discussion
Question 106

When does Monitor and Control Risks occur?

Options:

A.

At project initiation

B.

During work performance analysis

C.

Throughout the life of the project

D.

At project milestones

Discussion
Question 107

The CPI is .92, and the EV is US$172,500.What is the actual cost of the project?

Options:

A.

US$158,700

B.

US$172,500

C.

US$187,500

D.

US$245,600

Discussion
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