PMI-100 Free Practice Test

- (Topic 4)
What is the schedule performance index (SPI) using the following data? BAC = $100,000 PV = $50,000 AC = $80,000 EV = $40,000

1. A. 1
2. B. 0.4
3. C. 0.5
4. D. 0.8

Correct Answer: D

- (Topic 1)
An element of the project scope statement is:

1. A. Acceptance criteria.
2. B. A stakeholder list.
3. C. A summary budget,
4. D. High-level risks.

Correct Answer: A

- (Topic 2)
The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:

1. A. management
2. B. response
3. C. tolerance
4. D. appetite

Correct Answer: D

- (Topic 5)
The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then receives a fee based upon achieving certain performance objectives is called a:

1. A. Cost Plus Incentive Fee Contract (CPIF).
2. B. Cost Plus Fixed Fee Contract (CPFF).
3. C. Fixed Price Incentive Fee Contract (FPIF).
4. D. Time and Material Contract (T&M).

Correct Answer: A

- (Topic 3)
An input of the Control Schedule process is the:

1. A. resource calendar.
2. B. activity list.
3. C. risk management plan.
4. D. organizational process assets.

Correct Answer: D