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PMI Construction Professional in Built Environment Projects (PMI-CP) Sample Questions (Q336-Q341):

NEW QUESTION # 336
What term is used to describe a contract change that alters the project scope, schedule, or cost?
Response:

A. Purchase Order
B. Contract Amendment
C. Request for Quotation (RFQ)
D. Variation Order

Answer: D

NEW QUESTION # 337
In the context of preventing communication issues, what does the term "communication barriers" refer to?
Response:

A. The timeline for communication activities
B. The budget allocation
C. The obstacles that hinder effective communication and understanding among stakeholders
D. The project scope

Answer: C

NEW QUESTION # 338
During the risk assessment process, what does the term "likelihood" refer to?
Response:

A. The probability of a risk event occurring
B. The timeframe within which a risk event will occur
C. The potential impact of a risk event
D. The consequences of not addressing a risk event

Answer: A

NEW QUESTION # 339
During the project execution phase, what is the primary focus of a project status report?
Response:

A. Analyzing project stakeholder engagement
B. Documenting project risks
C. Reporting on project progress and performance
D. Providing detailed project plans

Answer: C

NEW QUESTION # 340
Which of the following contract types places the highest risk on the contractor for project cost overruns and schedule delays?
Response:

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

Answer: C

NEW QUESTION # 341
......

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