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Question No 10

Which Knowledge Areas include processes from the Closing Process Group?

A. Project Quality Management and Project Time Management
B. Project Scope Management and Project Risk Management
C. Project Stakeholder Management and Project Cost Management
D. Project Integration Management and Project Procurement Management

Answer: D

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Question No 9

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:

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

Answer: A

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Question No 8

A collection of projects managed as a group to achieve strategic objectives is referred to as
a:

A. plan
B. process
C. program
D. portfolio

Answer: D

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Question No 7

A method to manage stakeholder expectations in the scope statement is to clearly:

A. state the guiding principles of the organization.
B. identify alternatives to generate different approaches.
C. state what is out of scope.
D. outline the results of the Delphi technique.

Answer: C

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Question No 6

The process of developing a detailed description of the project and product is known as:

A. Create WBS.
B. Verify Scope.
C. Collect Requirements.
D. Define Scope.

Answer: D

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Question No 5

Status of deliverables, implementation status for change requests, and forecasted
estimates to complete are examples of:

A. Earned value management.
B. Enterprise environmental factors.
C. Organizational process assets.
D. Work performance information.

Answer: D

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Question No 4

What defines the portion of work included in a contract for items being purchased or
acquired?

A. Procurement management plan
B. Evaluation criteria
C. Work Breakdown Structure (WBS)
D. Contract Statement of Work (SOW)

Answer: D