PMI-RMP Free Practice Test

You are the project manager of the NNH project. In this project you have created a contingency response that the cost performance index should be less than 0.93. The NHH project has a budget at completion of $945,000 and is 45 percent complete - though the project should be 49 percent complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is the project's cost performance index?

1. A. 1.06
2. B. 0.92
3. C. -$30,647
4. D. 0.93

Correct Answer: D

You are the project manager of the NHQ project for your company. Management has told you that you must implement an agreed upon contingency response if the Cost Performance Index in your project is less than 0.90. Consider that your project has a budget at completion of $250,000 and is 60 percent complete. You are scheduled to be however, 75 percent complete, and you have spent $165,000 to date. What is the Cost Performance Index for this project to determine if the contingency response should happen?

1. A. -$37,500
2. B. 0.91
3. C. 0.88
4. D. 0.80

Correct Answer: B

You are the project manager of the HQQ Project for your company. You are working with your project stakeholders to discuss the risks in the project that can adversely affect the project objectives. You are discussing the possibilities of causes for an identified risk event in your project. Your stakeholder is confused on the difference between causes and risk events. Which of the following is NOT an example of a cause for a project risk?

1. A. Limited team members to complete the project work
2. B. Quality assurance programs within the company
3. C. Work permit requirements
4. D. Schedule constraints on the project

Correct Answer: B

You are working as a project manager in your organization. You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activities. For your project archives, which one of the following is an output of risk monitoring and control?

1. A. Quantitative risk analysis
2. B. Risk audits
3. C. Requested changes
4. D. Qualitative risk analysis

Correct Answer: C

John works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following inputs of the identify risks process is useful in identifying risks associated to the time allowances for the activities or projects as a whole, with a width of the range indicating the degrees of risk?

1. A. Activity duration estimates
2. B. Schedule management plan
3. C. Risk management plan
4. D. Activity cost estimates

Correct Answer: A