PMI COMPREHENSIVE REVIEW 2026
VERIFIED QUESTIONS AND SOLUTIONS
◉Cost Performance Index (CPI). Answer: A measure of the cost
efficiency of budgeted resources expressed as the ratio of earned
value to actual cost
◉Cost Plus Award Fee Contract (CPAF). Answer: A category of
contract that involves payments to the seller for all legitimate actual
costs incurred for completed work, plus an award fee representing
seller profit
◉Cost Plus Fixed Fee Contract (CPFF). Answer: A type of cost-
reimbursable contract where the buyer reimburses the seller for the
seller's allowable costs (allowable costs are defined by the contract)
plus a fixed amount of profit (fee)
◉Cost Plus Incentive Fee Contract (CPIF). Answer: A type of cost-
reimbursable contract where the buyer reimburses the seller for the
seller's allowable costs (allowable costs are defined by the contract),
and the seller earns its profit if it meets defined performance criteria
◉Cost-Reimbursable Contract. Answer: A type of contract involving
payment to the seller for the seller's actual costs, plus a fee typically
representing the seller's profit
,◉Cost Variance (CV). Answer: The amount of budget deficit or
surplus at a given point in time, expressed as the difference between
the earned value and the actual cost
◉Crashing. Answer: A method used to shorten the schedule
duration for the least incremental cost by adding resources
◉Criteria. Answer: Standards, rules, or tests on which a judgment or
decision can be based or by which a product, service, result, or
process can be evaluated
◉Critical Path. Answer: The sequence of activities that represents
the longest path through a project, which determines the shortest
possible duration
◉Critical Path Method (CPM). Answer: A method used to estimate
the minimum project duration and determine the amount of
schedule flexibility on the logical network paths within the schedule
model
◉Cumulative Flow Diagram (CFD). Answer: A chart indicating
features completed over time, features in other states of
development, and those in the backlog
,◉Cycle Time. Answer: The total elapsed time from the start of a
particular activity or work item to its completion
◉Cycle Time Chart. Answer: A diagram that shows the average cycle
time of the work items completed over time
◉Daily Standup. Answer: A brief, daily collaboration meeting in
which the team reviews progress from the previous day, declares
intentions for the current day, and highlights any obstacles
encountered or anticipated
◉Dashboard. Answer: A set of charts and graphs showing progress
or performance against important measures of the project
◉Data Gathering and Analysis Methods. Answer: Methods used to
collect, assess, and evaluate data and information to gain a deeper
understanding of a situation
◉Decision Tree Analysis. Answer: A diagramming and calculation
method for evaluating the implications of a chain of multiple options
in the presence of uncertainty
◉Decomposition. Answer: A method used for dividing and
subdividing the project scope and project deliverables into smaller,
more manageable parts
, ◉Definition of Done (DoD). Answer: A checklist of all the criteria
required to be met so that a deliverable can be considered ready for
customer use
◉Deliverable. Answer: Any unique and verifiable product, result, or
capability to perform a service that is required to be produced to
complete a process, phase, or project
◉Delivery Performance Domain. Answer: The performance domain
that addresses activities and functions associated with delivering the
scope and quality that the project was undertaken to achieve
◉Development Approach. Answer: A method used to create and
evolve the product, service, or result during the project life cycle,
such as a predictive, iterative, incremental, agile, or hybrid method
◉Development Approach and Life Cycle Performance Domain.
Answer: The performance domain that addresses activities and
functions associated with the development approach, cadence, and
life cycle phases of the project
◉DevOps. Answer: A collection of practices for creating a smooth
flow of deliveries by improving collaboration between development
and operations staff
VERIFIED QUESTIONS AND SOLUTIONS
◉Cost Performance Index (CPI). Answer: A measure of the cost
efficiency of budgeted resources expressed as the ratio of earned
value to actual cost
◉Cost Plus Award Fee Contract (CPAF). Answer: A category of
contract that involves payments to the seller for all legitimate actual
costs incurred for completed work, plus an award fee representing
seller profit
◉Cost Plus Fixed Fee Contract (CPFF). Answer: A type of cost-
reimbursable contract where the buyer reimburses the seller for the
seller's allowable costs (allowable costs are defined by the contract)
plus a fixed amount of profit (fee)
◉Cost Plus Incentive Fee Contract (CPIF). Answer: A type of cost-
reimbursable contract where the buyer reimburses the seller for the
seller's allowable costs (allowable costs are defined by the contract),
and the seller earns its profit if it meets defined performance criteria
◉Cost-Reimbursable Contract. Answer: A type of contract involving
payment to the seller for the seller's actual costs, plus a fee typically
representing the seller's profit
,◉Cost Variance (CV). Answer: The amount of budget deficit or
surplus at a given point in time, expressed as the difference between
the earned value and the actual cost
◉Crashing. Answer: A method used to shorten the schedule
duration for the least incremental cost by adding resources
◉Criteria. Answer: Standards, rules, or tests on which a judgment or
decision can be based or by which a product, service, result, or
process can be evaluated
◉Critical Path. Answer: The sequence of activities that represents
the longest path through a project, which determines the shortest
possible duration
◉Critical Path Method (CPM). Answer: A method used to estimate
the minimum project duration and determine the amount of
schedule flexibility on the logical network paths within the schedule
model
◉Cumulative Flow Diagram (CFD). Answer: A chart indicating
features completed over time, features in other states of
development, and those in the backlog
,◉Cycle Time. Answer: The total elapsed time from the start of a
particular activity or work item to its completion
◉Cycle Time Chart. Answer: A diagram that shows the average cycle
time of the work items completed over time
◉Daily Standup. Answer: A brief, daily collaboration meeting in
which the team reviews progress from the previous day, declares
intentions for the current day, and highlights any obstacles
encountered or anticipated
◉Dashboard. Answer: A set of charts and graphs showing progress
or performance against important measures of the project
◉Data Gathering and Analysis Methods. Answer: Methods used to
collect, assess, and evaluate data and information to gain a deeper
understanding of a situation
◉Decision Tree Analysis. Answer: A diagramming and calculation
method for evaluating the implications of a chain of multiple options
in the presence of uncertainty
◉Decomposition. Answer: A method used for dividing and
subdividing the project scope and project deliverables into smaller,
more manageable parts
, ◉Definition of Done (DoD). Answer: A checklist of all the criteria
required to be met so that a deliverable can be considered ready for
customer use
◉Deliverable. Answer: Any unique and verifiable product, result, or
capability to perform a service that is required to be produced to
complete a process, phase, or project
◉Delivery Performance Domain. Answer: The performance domain
that addresses activities and functions associated with delivering the
scope and quality that the project was undertaken to achieve
◉Development Approach. Answer: A method used to create and
evolve the product, service, or result during the project life cycle,
such as a predictive, iterative, incremental, agile, or hybrid method
◉Development Approach and Life Cycle Performance Domain.
Answer: The performance domain that addresses activities and
functions associated with the development approach, cadence, and
life cycle phases of the project
◉DevOps. Answer: A collection of practices for creating a smooth
flow of deliveries by improving collaboration between development
and operations staff
