PMI PMI-CP Exam Practice Questions (P. 1)

A construction professional is considering contract structures for a small public facility. The program manager has advised that once the project budget has been determined there can be no cost increases or delivery delays. The scope is well-defined and the timeline is predictable. All prequalified contractors have completed many similar projects using the standard design.
Which contract structure should the construction professional use in this situation?

A construction professional is working as an interface manager on a project to create a group of housing solutions, making it the largest and most complex project in their organization. There are multiple stakeholder groups, including the community, local government, suppliers, service companies, a financial institution, and a workers' union. The construction professional needs to obtain the support and cooperation of all stakeholders to achieve the project's strategic goals and objectives.
Which competencies will help the construction professional successfully obtain stakeholder buy-in?

During the execution of a project to build an elementary school, the construction professional is trying to resolve a conflict between two team members due to a disagreement regarding an additional scope of work. One team member is insisting it is a scope change, while the other is convinced it is scope creep.
What should the construction professional say to the team members?

A design company decided to add building information modeling (BIM) to their services and took on a BIM pilot project with a client. The desired goals were the acquisition and retention of technical BIM skills and enhancing the company's ability to compete in this market. Upon completion, the project ended up with an 80% cost overrun and a 100% schedule overrun. The main reasons for this include repetitive reviews of the design due to unexpected values contained within the software and additional resource hours to complete the work. Aside from these reasons, the client was happy with the quality, and the company will be considered for future projects.
How should the construction professional summarize what the company achieved with this project?

A construction professional is assigned to a project to build a power plant. The project is in the closing phase. During the lessons learned meeting, everyone agrees that handling the many interface points on the project efficiently was challenging, causing cost overruns and schedule delays. During the next executive meeting a few months later, the construction professional proposes investing in an interface management system (IMS).
Which three benefits should the construction professional highlight to convince the executive team to adopt this software? (Choose three.)