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PMI Project Management Professional (2025 Version) Sample Questions (Q1017-Q1022):

NEW QUESTION # 1017
A project manager is working on a time and materials (T&M) project using a hybrid approach. The milestones and outcomes are defined for the first 6 months with incremental releases every month. After the first 2 months, the client communicates their dissatisfaction with the results and asks to change the course of the project. The project manager held a face-to-face meeting with the client and now has a better understanding of the newly desired milestones and outcomes.
What should the project manager do first?

A. Finish the current monthly release as it was planned and replan for the future months.
B. Forward the client's request to management as a change request to get formal approval.
C. Document the information in the meeting minutes and share it with the project stakeholders.
D. Draft a contract change with the desired scope changes and send it to the client for approval.

Answer: C

NEW QUESTION # 1018
In general, attempts to smooth out period to period resources will _____ the scheduled time and _____ project costs.

A. Decrease, decrease.
B. Increase, increase or decrease.
C. Increase, decrease.
D. Decrease, increase.
E. Increase, increase

Answer: E

NEW QUESTION # 1019
The buyer has negotiated a cost-plus-incentive fee contract with the seller. The contract has a target cost of $300,000, a target fee of $40,000, a share ratio of 80/20, a maximum fee of $60,000, and a minimum fee of $10,000. If the seller has actual costs of $380,000, how much fee will the buyer pay?

A. $30,000
B. $24,000
C. $56,000
D. $104,000

Answer: B

Explanation:
Section: Mix Questions
Explanation:
Comparing actual costs with the target cost shows an $80,000 overrun. The overrun is shared 80/20 (with the buyer's share always listed first). In this case 20% of $80,000 is $16,000, the seller's share, which is deducted from the $40,000 target fee. The remaining $24,000 is the fee paid to the seller.

NEW QUESTION # 1020
The project manager for a new project wants to discuss project execution methodology with all stakeholders. During what meeting should the project manager first discuss this?

A. Requirements gathering meeting
B. Kick-off meeting
C. Team meeting
D. Steering committee meeting

Answer: B

Explanation:
Section: Initiation

NEW QUESTION # 1021
White preparing for a kick-off meeting, a project manager learns that some project activities were underestimated, which will cause delays and cost overruns It is not possible to update project planning before the kick-off meeting What should the project manager do?

A. Postpone the kick-off meeting, perform updates, and present realistic plans
B. Reschedule the kick-off meeting and present the current plan with a commitment to review an updated plan with stakeholders
C. Present the project management plan but add a risk reserve lo address the estimation defect
D. Document the schedule constraint in the issue log and present it during the kick off meeting

Answer: C

NEW QUESTION # 1022
......

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