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Free PPM-001 Exam Braindumps
Professional in Project Management (PPM) Questions 311–315 (page: 64)

Updated On: 10-Feb-2026
Page 64 of 131
PDF with 650 Questions

What is one of the MAJOR outputs of activity sequencing?

  1. Responsibility assignment matrix
  2. Work breakdown structure update
  3. Project network diagram
  4. Mandatory dependencies list

Answer(s): C



Scope verification is PRIMARILY concerned with which of the following?

  1. Acceptance of the work deliverables.
  2. Accuracy of the work deliverables.
  3. Approval of the scope statement.
  4. Accuracy of the work breakdown structure.

Answer(s): A



Which of the following is an example of contract administration?

  1. Negotiating the contract
  2. Authorizing contractor work
  3. Developing the statement of work
  4. Establishing evaluation criteria

Answer(s): B



Who MUST know when a risk event occurs so that a response can be implemented?

  1. Customers
  2. Project sponsors
  3. Project management team
  4. Insurance claims department

Answer(s): C



A work package has been scheduled to cost $1,000 to complete, and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed.
What is the cost variance?

  1. -$700
  2. -$200
  3. +$200
  4. +$500

Answer(s): A



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