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PMI Project Management Professional V5 Sample Questions:

1. Ensuring that projects and programs are reviewed to prioritize resource allocation is a focus of which of the following?

A) Program management
B) Project management
C) Portfolio management
D) Relationship management

2. In an organization with a projectized organizational structure, who controls the project budget?

A) Project manager
B) Program manager
C) Functional manager
D) Project management office

3. Who is responsible for initiating a project?

A) Project manager
B) Project sponsor
C) Project management office (PMO)
D) Program manager

4. Which cost estimate technique includes contingencies to account for cost uncertainty?

A) Three-point estimates
B) Parametric estimating
C) Reserve analysis
D) Vendor bid analysis

5. Which of the following characteristics are found in a functional organizational structure?

A) High to almost total project manager authority, high to almost total resource availability, and full-time project management administrative staff
B) Little or no project manager authority, little or no resource availability, and the functional manager controls the project budget
C) Limited project manager authority, limited resource availability, and a part-time project manager's role
D) Low to moderate project manager authority, low to moderate resource availability, and a full-time project manager's role

Solutions: