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PMI Project Management Professional V5 Sample Questions:

1. What is the name of the statistical method that helps identify which factors may influence specific variables of a product or process under development or in production?

A) Failure modes and effects analysis
B) Design of experiments
C) Quality checklist
D) Risk analysis

2. 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?

A) Fixed Price with Economic Price Adjustment Contract (FP-EPA)
B) Cost Plus Incentive Fee Contract (CPIF)
C) Cost Plus Fixed Fee Contract (CPFF)
D) Firm Fixed Price Contract (FFP)

3. Forecasts, requested changes, recommended corrective actions, and organizational process asset updates are all outputs of which process?

A) Manage stakeholders
B) Performance reporting
C) Risk response planning
D) Risk monitoring and control

4. Which of the seven basic quality tools is especially useful for gathering attributes data while performing inspections to identify defects?

A) Flowcharts
B) Histograms
C) Checksheets
D) Scatter diagrams

5. Which type of manager is assigned by the performing organization to lead the team that is responsible for achieving the project objectives?

A) Portfolio
B) Project
C) Functional
D) Program

Solutions: