RMC Project Management Inc.

The Numbers Game

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10953 Bren Road East Minnetonka, MN 55343
info@rmcproject.com www.rmcproject.com (952) 846-4484
The copyright owner hereby grants permission to make copies of this handout for personal, noncommercial use only.
The following game is designed to improve your ability to correctly answer questions on the exam that deal with
numbers (including formulas, analysis techniques, estimates, critical paths, accounting terms related to project
selection, etc.). These questions are based on information in the Integration, Time, Cost, and Procurement
Management chapters. The game is best done verbally with more than one person. The second person can be a
spouse, child, or someone else studying for the PMP exam.

Cut out the cards along the lines provided. Try to answer as many questions as you can in 10 minutes. If you
answer 10 questions correctly in ten minutes, this should prove to you that you will not have a time problem taking
the exam. (The exam allows about 1 minute, 15 seconds per question.) GOOD LUCK!

For One Participant Ask yourself the question and then turn the card over to see the answer.
For Two Participants One person asks the questions, and the other answers.
For More Than Two Participants One person asks the questions, and the others answer. One of those
answering should also keep track of the number of correct answers.

2013 RMC Publications, Inc 952.846.4484 info@rmcproject.com www.rmcproject.com

 Print two-sided for the answers to appear on the back side of the question cards

Question: Question: Question:

What is the formula for What estimating method The estimated value of the
cost performance index would use optimistic time work that will be done has
(CPI)? estimates? what earned value name?

Question:
The types and quantities Question:
Question:
of resources required are What does the schedule
What is the critical path?
calculated in what part of variance tell you?
time management?

Question:
Question: Question:
What schedule network
What does a finish-to-start What does the estimate at
analysis technique involves
relationship mean? completion tell you?
crashing?

Question:
A software technique that
Question:
uses the network diagram Question:
Why would you want to
and estimates to simulate What are sunk costs?
crash a project?
project outcome is known
as?

Question: Question: Question:

What does a milestone What is the duration of a What is analogous
chart show? milestone? estimating?

2013 RMC Publications, Inc 952.846.4484 info@rmcproject.com www.rmcproject.com

 Print two-sided for the answers to appear on the back side of the question cards

Answer:
Answer: Answer:
Planned value Three-point estimate EV
AC

Answer:
Answer: The longest duration path
Answer:
How far you are behind or in the network;
Estimate Activity Resources
ahead of schedule the shortest time to
complete the project

Answer:
What we now expect the
total project to cost
Answer:
Answer:
One activity must finish
Schedule compression
before the next can start

Answer:
Answer: Answer:
To shorten the project
Expended costs Monte Carlo analysis
duration

Answer:
Answer: Answer:
Dates of significant events
Top-down estimating Zero
on the project

2013 RMC Publications, Inc 952.846.4484 info@rmcproject.com www.rmcproject.com

 Print two-sided for the answers to appear on the back side of the question cards

Question:
Question: Question: What is the earned value
What are fixed costs? What are direct costs? name for how much you
have spent to date?

Question: Question:
Question:
What is a management What is the cost variance
What is value analysis?
reserve? formula?

Question: Question:
Question:
Cost risk is greater for What schedule network
What does present value
the buyer in what type of analysis technique uses
mean?
contract? buffers?

Question:
Question: Question:
Why would a project
What is the formula for What does a benefit cost
manager want to use
calculating float? ratio of 2.5 mean?
resource leveling?

Question:
Question:
Question: What is the range of
A critical path activity will
What is parametric accuracy with a rough
generally have how much
estimating? order or magnitude
float?
estimate?

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 Print two-sided for the answers to appear on the back side of the question cards

Answer: Answer:
Answer:
Costs incurred directly by Costs that do not change
Actual cost
the project with project activity

Answer: Answer:
Answer: An amount of time or Finding a less costly way to
EV AC money set aside to cover complete the work without
unforeseen risks affecting quality

Answer:
Answer: Answer:
The value today of future
Critical chain method Cost-reimbursable
cash flows

Answer:
Answer:
LS ES, or LF EF;
Answer: To smooth the
this is the amount of time
The benefits are 2 times peaks and valleys of
an activity can be delayed
the costs monthly resource usage
without delaying the
consumed by the project
project

Answer:
Looking at the relationships
Answer: Answer:
between variables on an
-25 to +75 percent Zero
activity to create estimates
(e.g., dollars per foot)

2013 RMC Publications, Inc 952.846.4484 info@rmcproject.com www.rmcproject.com