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PMI Project Management Professional V5 Sample Questions:

1. Which type of elaboration allows a project management team to manage at a greater level of detail as the project evolves?

A) Cyclic
B) Progressive
C) Repetitive
D) Iterative

2. Assigned risk ratings are based upon:

A) Root cause analysis.
B) Revised stakeholders' tolerances.
C) Expert judgment.
D) Risk probability and impact assessment.

3. Which of the following buffers protects the target finish date from slippage along the critical chain?

A) Feeding buffer
B) Duration buffer
C) Project buffer
D) Critical buffer

4. Project contracts generally fall into which of the following three broad categories?

A) Make-or-buy, lump-sum, cost-plus-incentive
B) Fixed-price, cost reimbursable, time and materials
C) Time and materials, fixed-price, margin analysis
D) Make-or-buy, margin analysis, fixed-price

5. Which type of risk diagram is useful for showing time ordering of events?

A) Influence
B) Ishikawa
C) Decision tree
D) Milestone

Solutions: