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

1. What is the purpose of a performance bond in contract management?
Response:

A) To transfer all risks to external parties
B) To allocate project resources
C) To ensure the contractor,s performance and completion of the project
D) To create a risk register

2. In construction project management, what does the term "value engineering" refer to?
Response:

A) A project management methodology focused on maximizing project value
B) A method to calculate project return on investment
C) A technique to estimate project costs
D) A process to optimize the value of project deliverables by analyzing and improving their functions

3. In the context of construction project management, what is a claim?
Response:

A) A request for more resources
B) A formal request for additional funding
C) A disagreement between project stakeholders
D) A change to the project schedule

4. During the project execution phase, what is the primary purpose of a Change Control Board (CCB)?
Response:

A) To make decisions regarding project scope changes
B) To oversee the project budget
C) To review project risks
D) To manage the project schedule

5. What term is used to describe a contract change that alters the project scope, schedule, or cost?
Response:

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

Solutions: