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35 PMI Certification Questions and Answers:
1 :: Explain Although they have a variety of side-effects, the primary objective of incentive clauses in a
contract is to:
A. Aligning contractor and buyer goals.
B. Reduce risk for the contractor
C. Controlling contractor costs
D. Reduce costs to the buyer
E. Reducing production costs.
A. Aligning contractor and buyer goals.
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2 :: Explain A benefit-cost ratio of 3.22 indicates a:
A. Profit of s3.22 per unit produced.
B. Profit of s3.22 for each dollar expended.
C. Resources assigned to other tasks on the critical path.
D. Payback of s3.22 for each dollar expended.
D. Payback of s3.22 for each dollar expended.
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3 :: An individuals willingness to take a risk can be determined by:
A. Decision tree modeling.
B. Monte Carlo method,
C. Sensitivity analysis.
D. Utility theory.
E. Maslows hierarchy of needs.
D. Utility theory.
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4 :: Explain During execution, a resource is added to the project team. What effect will this have on the
project?
A. The effect cannot be determined.
B. The project duration will be shortened.
C. A scope change will be required
D. The quality of the project will be increased.
A. The effect cannot be determined.
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5 :: One a project, quality should generally be of:
A. Equal priority with schedule, but higher priority than cost.
B. Higher priority than cost and schedule.
C. Equal priority with cost, but higher priority than schedule.
D. Equal priority with cost and schedule.
D. Equal priority with cost and schedule.
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6 :: What is the term that is used when referring to the adjustment of task schedules in order to
deploy human resource more effectively?
A. Crashing.
B. Smoothing
C. Leveling.
D. Fast tracking.
E. Loading.
B. Smoothing
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7 :: Team motivation, problem resolution, and space verification occurs during _____?
A. The initiation phase.
B. The close-out phase.
C. The planning phase.
D. The execution phase.
E. None of the above.
D. The execution phase.
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8 :: Explain Payback period analysis identifies that point in time when:
A. Profit maximum is realized.
B. Unit profit is realized.
C. Monthly revenue exceeds monthly costs.
D. Cumulative revenue exceeds cumulative costs.
D. Cumulative revenue exceeds cumulative costs.
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9 :: Explain Conflict resolution techniques that may be used on a project include:
A. Withdrawing, compromising, controlling, and forcing.
B. Controlling forcing smoothing, and withdrawing.
C. Confronting, compromising, smoothing and directing.
D. Smoothing, confronting, forcing, and withdrawing.
D. Smoothing, confronting, forcing, and withdrawing.
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