How Quebec FCFS pool will work?

Hey, Suppose, QSWP open intake for 5000 applicants and if I successfully submit in that cap. What will happen next? Will Only 5000 applications be considered for pool or previous year applicant also considered?
usually they would open up an intake for first 5000 applicants, as soon as the quota is over they will close the intake. They would usually accept a bit more than 5000 people, like in a range of 7500. So those who drop-out during process are taken into consideration.
If my Application is in that 5000 intake then what are the chances to get an invitation if I am being software engineer and code is 2173? What are options once I m in that pool? Will I get definitely notification like in-Progress, or accepted or rejected or hold or any but