100% Free PMI CPMAI_v7 Practice Test Questions

Question 1

Enhancing and cleaning data is an important action during which phase of CPMAI?

A : Phase VI

B : Phase I

C : Phase V

D : Phase III

E : Phase II

F : Phase IV

Answer: D

Question 2

An IT services company is verifying data quality for an AI project aimed at predicting server downtimes. The project manager needs to decide whether to proceed with data preparation. Which technique should the project manager use?

A : Data augmentation strategies

B : Advanced data labeling methods

C : Detailed cost-benefit analysis

D : Exploratory data analysis (EDA)

Answer: D

Question 3

Your team is working on a new loan decision model that takes a number of factors and data points into consideration and then automatically approves or denies a loan. After a month in operation someone does a review and notices that the system is denying a large number of loans from a certain demographic when all other factors from people in other regions (such as age, salary, and credit score) are the same. What is most likely happening here?

A : Biased data sets leading to algorithmic discrimination

B : Generative AI models hallucinating data results

C : Nothing is wrong, algorithmic decisions will never be 100%

D : Data privacy issues leading to data sharing concerns

Answer: A

Question 4

An AI project for a financial technology client is at risk due to potential inaccuracies in data aggregation. What is the first step the project manager should take to mitigate the risk?

A : Evaluate the data freshness and relevance

B : Delete the suspicious data manually

C : Understand the data characteristics

D : Create a data visualization

Answer: C

Question 5