PMP Exam Sample Questions
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This document provides sample PMP exam questions and explanations related to project management principles and concepts, emphasizing their importance in studying for the PMP certification. It includes various topics such as total cost of ownership, risk response strategies, requirements traceability, risk tolerance, and cost performance measurement. The publication is not endorsed by PMI and is intended only as a reference for exam preparation.
PMP Exam Sample Questions
- 1. PMP® Sample Questions PMI, PMP, CAPM, PgMP, PMI-ACP, PMI-SP, PMI-RMP and PMBOK are trademarks of the Project Management Institute, Inc. PMI has not endorsed and did not participate in the development of this publication. PMI does not sponsor this publication and makes no warranty, guarantee or representation, expressed or implied as to the accuracy or content. Every attempt has been made by OSP International LLC to ensure that the information presented in this publication is accurate and can serve as preparation for the PMP certification exam. However, OSP International LLC accepts no legal responsibility for the content herein. This document should be used only as a reference and not as a replacement for officially published material. Using the information from this document does not guarantee that the reader will pass the PMP certification exam. No such guarantees or warranties are implied or expressed by OSP International LLC.
- 2. This presentation will showcase free sample PMP® questions that will help and guide you in studying for your PMP® exam Find more free sample questions when you visit www.free-pm-exam-questions.com and free.pm-exam-simulator.com
- 3. 1. ____________ is the total cost to produce the product or service of the project while meeting the quality standards plus the operating cost. A. Total Cost of Ownership B. Estimated Cost C. Cost of Quality D. Budgeted Cost Hint:What is the total cost of a product?. Sample PMP® Exam Question
- 4. The correct answer is A Explanation:Total Cost of Ownership is the total cost of a product including the development cost, quality activities cost, and operating costs. Cost of Quality means the Cost of Quality activities only. Neither Budgeted Cost nor Estimated Cost are the actual costs to produce the product. Answer and Explanation
- 5. 2. Tim is working on an electronic manufacturing project and he wants to establish a warranty for some of the precision parts he is buying. What risk response strategy is he using? A. Mitigate B. Avoid C. Accept D. Transfer Hint:Tim is shifting the negative impact of the risk. Sample PMP® Exam Question
- 6. The correct answer is D Explanation: Risk transfer requires shifting some or all of the negative impact of a threat, along with the ownership of the response.Taking out insurance or a warranty transfers the risk from the owner to the other party. Answer and Explanation
- 7. 3. In your project, you want to ensure that each requirement adds business value by linking it to the business and project objectives. This also provides a means to track requirements throughout the project life cycle, helping to ensure that requirements approved in the requirements documentation are delivered at the end of the project. The document that helps to achieve this is called: A. Requirements Documentation B. Brainstorming C. Requirements Management Plan D. RequirementsTraceability Matrix Hint: This question is asking you how to trace the requirements from project beginning to end. Sample PMP® Exam Question
- 8. The correct answer is D Explanation:The RequirementsTraceability Matrix is a table that links requirements to their origin and traces them throughout the project life cycle.The implementation of a RequirementsTraceability Matrix helps ensure that each requirement adds business value by linking it to the business and project objectives. It provides a means to track requirements throughout the project life cycle, helping to ensure that requirements approved in the requirements documentation are delivered at the end of the project. Answer and Explanation
- 9. 4.What is risk tolerance? A. Risks created by tolerating customer behavior B. Willingness to accept varying degrees of risk C. Risks created by zero tolerance D. Being tolerant if stakeholders are willing to accept risks Hint: Look for the "least strange" answer. Sample PMP® Exam Question
- 10. The correct answer is B Explanation: Do you feel that three of these choice are odd? Correct, they are and they were included intentionally. Sometimes you can expect to find some ""funny"" answer choices. Risk tolerance is the stakeholders' willingness to accept varying degrees of risk. Answer and Explanation
- 11. 5. The total authorized budget for your IT project is $160,000 and Management Reserves are $20,000. You want to measure cost performance to see how the project is doing. In this context, the cost performance is against measured which of the following budget amounts? A. $180,000 B. $160,000 C. $20,000 D. $140,000 Hint:The Cost Baseline includes all authorized budgets.The Cost Baseline is used to measure the Cost Performance of the project. Sample PMP® Exam Question
- 12. The correct answer is B Explanation: Cost Performance is measured against authorized budget. Management Reserves are not added to the Cost Performance Baseline and are not used for measuring cost performance. Answer and Explanation