PMI-001 Exam Results

Project Management Professional v5 Questions and Answers

Question 121

Which statement correctly describes the value of a business case?

It provides the necessary information to determine if a project is worth the required investment.

It provides for alternative dispute resolution procedures in event of contract default.

It offers one of several alternative scenarios which assist in performing qualitative risk analysis.

It is used to help a project manager understand the scope of commercial advantages.

Question 122

The process of defining how the project scope will be validated and controlled is known as:

Define Scope.

Develop Project Management Plan.

Plan Scope Management.

Plan Quality Management.

Question 123

In which process is a project manager identified and given the authority to apply resources to project activities?

Acquire Project Team

Develop Project Management Plan

Manage Project Execution

Develop Project Charter

Question 124

Which of the following is an input to the Qualitative Risk Analysis process?

Risk register

Risk data quality assessment

Risk categorization

Risk urgency