(PMI‑CP) CERTIFICATION EXAM OFFERED BY
PROJECT MANAGEMENT INSTITUTE (PMI) |
Q&A WITH RATIONALES
1. What is the primary objective of construction
project integration management?
A) Reduce labor costs
B) Coordinate all project elements
C) Increase procurement speed
D) Eliminate all project risks
Correct answer: B
Rationale: Integration management ensures that all
parts of the project (processes, people, and
activities) work together effectively. It does not aim
to eliminate risks entirely; risks are managed, not
eliminated.
2. Which document formally authorizes a
construction project and grants the project manager
authority to apply organizational resources?
A) Scope statement
,B) Contract agreement
C) Project charter
D) Risk register
Correct answer: C
Rationale: The project charter officially initiates the
project, authorizes the project manager, and
provides the authority to apply resources to project
activities.
3. In construction scheduling, what does the critical
path represent?
A) The shortest possible project duration
B) A sequence of activities with positive float
C) The longest path through the project network,
determining the minimum project duration
D) The least costly path for project execution
Correct answer: C
Rationale: The critical path is the sequence of
activities that determines the project’s overall
duration. It has zero float, meaning any delay in a
critical path activity will delay the entire project.
,4. Which contract type places the most risk on the
contractor?
A) Cost‑plus fixed fee
B) Time and materials
C) Fixed‑price (lump sum)
D) Unit price
Correct answer: C
Rationale: In a fixed‑price contract, the contractor
agrees to perform the defined scope for a set price.
Any cost overruns must be absorbed by the
contractor, transferring most of the financial risk to
the contractor.
5. Which contract type places the most risk on the
owner?
A) Fixed‑price (lump sum)
B) Guaranteed maximum price (GMP)
C) Time and materials
D) Unit price
Correct answer: C
Rationale: In a time‑and‑materials (T&M) contract,
the owner pays for all actual labor hours and
, materials used, plus a fee. Because the final cost is
uncertain, the owner bears significant risk of cost
overruns.
6. A construction professional is considering
contract structures for a small public facility. The
scope is well‑defined, the timeline is predictable,
and all prequalified contractors have completed
many similar projects. Which contract structure
should be used?
A) Prequalified competitive bid with a fixed‑price
contract
B) Unit price contract
C) Job order contracting (JOC)
D) Lump sum contract without competitive bidding
Correct answer: D
Rationale: When scope is well‑defined and timelines
are predictable, a lump‑sum contract provides cost
certainty. Using prequalified contractors ensures
qualified bidders, and a lump‑sum fixed‑price
arrangement aligns well with the defined scope.