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PMI-CPMAI Exam Dumps - PMI Certified Professional in Managing AI

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Question # 33

A capital markets firm is exploring the use of AI to enhance its trading algorithms. The firm expects the AI solution will increase trading accuracy and profitability. The project manager needs to create a business case to justify the AI investment.

Which method will provide results that meet the firm's goals and objectives?

A.

Consulting with AI vendors

B.

Conducting a market trend analysis

C.

Performing a scenario analysis

D.

Developing a financial impact assessment

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Question # 34

A government project plans to implement an AI-based fraud detection system and the project team needs to define the success criteria. They identified potential improvements in detection accuracy, reduction in investigation time, and cost savings as key performance indicators (KPIs). However, they are unsure how to effectively quantify these KPIs.

Which two approaches should be used? (Choose 2)

A.

Rely on only qualitative feedback from stakeholders

B.

Implement a continuous performance monitoring system

C.

Use random benchmarks without industry comparison

D.

Establish a baseline using historical data comparisons

E.

Set fixed performance targets based on theoretical models

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Question # 35

A government agency is planning to implement a new AI-driven public service system. The project manager needs to develop a business case to secure funding. The agency's goals are to improve service delivery and reduce response times.

Which method will provide the results that meet the project manager's objective?

A.

Analyzing case studies from other agencies

B.

Creating a detailed ROI projection

C.

Holding stakeholder workshops

D.

Conducting a pilot program

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Question # 36

An AI project team has completed an AI go/no-go assessment. They have discovered several technology and data factors to be insufficient.

Which action should occur?

A.

Verify data quality and stakeholder alignment

B.

Proceed with development despite data issues

C.

Focus solely on technology upgrades, not data

D.

Launch the AI project without further assessment

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