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Pradip PMP
Last updated July 6, 2018
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11/7/2018 20 Sample PMP® Questions and Answers
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11/7/2018 20 Sample PMP® Questions and Answers
1. Question:
1. $100,000 profit
2. $60,000 loss
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11/7/2018 20 Sample PMP® Questions and Answers
3. $Project
20,000 profit
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4. $40,000 loss
Answer:
Expected Monitory Value (EMV) is computed by EMV = Probability × Impact.
Compute both positive and negative values and then add them:
2. Question:
Assuming that the ends of a range of estimates are +/- 3 sigma from the mean,
which of the following range estimates involves the LEAST risk?
Answer:
2. 22 – 30 days
4. Mean of 28 days
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11/7/2018 20 Sample PMP® Questions and Answers
3. Question:
If a risk has a 20 percent chance of happening in a given month, and the project
is expected to last five months, what is the probability that the risk event will
occur during the fourth month of the project?
Answer:
2. 20 percent
3. 60 percent
4. 80 percent
4. Question:
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11/7/2018 20 Sample PMP® Questions and Answers
Answer:
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5. Question:
Answer:
4. Identify Risks
Reference: The PMBOK® Guide, 5th Edition, Page 312, Figure 11.1
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11/7/2018 20 Sample PMP® Questions and Answers
6. Question:
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Answer:
7. Question:
Answer:
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11/7/2018 20 Sample PMP® Questions and Answers
4. None of above
8. Question:
The project manager meets with the project team to review lessons learned
from previous projects. In what activity is the team involved?
Answer:
1. Performance management
2. Scope identification
3. Risk identification
9. Question:
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11/7/2018 20 Sample PMP® Questions and Answers
Answer:
4. You will try not to give the contract to him to prove your integrity
There is a conflict of interest in this situation. You must inform your bosses
about this relationship.
10. Question:
Answer:
1. Risk value
2. Present value
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11/7/2018 20 Sample PMP® Questions and Answers
4. Contingency budget
11. Question:
Answer:
12. Question:
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11/7/2018 20 Sample PMP® Questions and Answers
All ofProject
the following are ALWAYS
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EXCEPT:
Answer:
1. Historical information
2. Lessons learned
13. Question:
Answer:
1. Use the best guess and estimate all activities since there will be changes as
the project progresses and more information becomes available
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11/7/2018 20 Sample PMP® Questions and Answers
3. Estimate for what the cost will allow and include buffers
14. Question:
Answer:
If you know the tolerance of the stakeholders, you can predict how they might
react to different situations and risk events. This information can help assign
levels of risk on each work package activity.
15. Question:
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11/7/2018 20 Sample PMP® Questions and Answers
Answer:
1. Focus on project work. As a project manager, you should not get distracted
by big egos.
2. Let the problems grow further until they are obvious for all. Then escalate
them.
3. Develop a joint quality policy for the project and seek a commitment by all
organizations.
4. Analyze probability and impact of the risks linked with the situation
and plan how to respond to them.
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11/7/2018 20 Sample PMP® Questions and Answers
16. Question:
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You are finding it difficult to evaluate the exact cost impact of risk. You
should evaluate on a(n) :
Answer:
1. Quantitative basis
2. Numerical basis
3. Qualitative basis
4. Economic basis
If you cannot determine an exact cost impact to the event, use qualitative
estimates such as Low, Medium, and High.
17. Question:
Answer:
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11/7/2018 20 Sample PMP® Questions and Answers
18. Question:
Answer:
1. Conflicts distract the team and disrupt the work rhythm. You should always
smooth them when they surface.
4. You should
Project use your coercive
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E-Books conflictsWebinars
On-Demand and then
focus on goal achievement.
19. Question:
Answer:
1. Identify Risks
20. Question:
Answer:
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11/7/2018 20 Sample PMP® Questions and Answers
1. singular measurements
Project Manageme… outside Articles
All Resources the bandwidth between Webinars
E-Books On-Demand an upper
and lower control limit.
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11/7/2018 20 Sample PMP® Questions and Answers
Conclusion
If you are considering working toward your PMP exam, Simplilearn offers a
variety of project management courses that will help you pass, including the
PMP Certification Training Course. Our PMP training courses are conducted by
certified, highly experienced professionals with at least 10 years of experience.
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11/7/2018 20 Sample PMP® Questions and Answers
PMI, PMP, and PMBOK are registered marks of the Project Management Institute,
Inc.
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11/7/2018 20 Sample PMP® Questions and Answers
Find Project
our PMP ® Certification
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Articles E-Books classes
On-Demand in top
Webinars
cities:
PMP® Certification 16 Nov -14 Dec 2018, Weekdays batch Your City View Details
PMP® Certification 24 Nov -22 Dec 2018, Weekend batch Kuala Lumpur View Details
PMP® Certification 26 Nov -11 Dec 2018, Weekdays batch Perai View Details
Pradip Dwevedi, PMP is currently the Lead PMP Trainer / Corporate Trainer at
Reputed Global R.E.P.s, India and also the Head – Project Management at Invida
Trans IT Solutions PVT LTD. Prior to this, he was Divisional Manager at Stylo
Graphic Imaging and before this he was working as Facilitator/Team Leader at
Aptara.
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Answer: C Risks are identified during the Identify Risk processes naturally, but emerging risks are
identified in Monitor and Control Risks Processes
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11/7/2018 20 Sample PMP® Questions and Answers
Tim Jerome
Published on Aug 16, 2017
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11/7/2018 20 Sample PMP® Questions and Answers
The exam is not about the PMBOK Ⓡ Guide , but the guide does influence the
exam a lot. Here’s what to expect, and what you could see as impacts to the
exam as a result of the updated 6th edition.
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11/7/2018 20 Sample PMP® Questions and Answers
A chapter has been added that talks about what Project Management
Leadership means, and PMI’s expectations of a project management leader. The
new edition also reviews competencies and skills that project management
professionals must possess. This makes sense, considering that we’ve seen the
Exam Content Outline introduce this throughout the last few years, and it was a
logical step to bring it into the guide.
Preparing for your PMP® Certification? Take this Practice Test to learn
where you stand.
Terminology Changes
The 5th edition of the PMBOK® Guide made great progress in standardizing
phrases, terms, and definitions. This was needed to achieve alignment with the
ISO standard 21500. This, also, was a bigger change than one would consider—
the PMI Lexicon of terms and Exam Content Outline were aligned to match the
same terminology. This was a big step. Once this was achieved, students and
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11/7/2018 20 Sample PMP® Questions and Answers
project managers could see a term in one area, knowing it would mean the same
Project
in every otherManageme…
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This new edition continues towards terminology consistency, with these primary
updates:
It’s interesting how PMI discusses these changes; they state “… Areas have been
renamed to more accurately reflect which elements can be managed… and which
cannot…”
The structure of the Knowledge Areas will be updated, with the following details:
Key Concepts will be organized. You can look to a specific section to review
the core message of the knowledge area.
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11/7/2018 20 Sample PMP® Questions and Answers
Project
Trends andManageme… All Resources
Emerging Practices haveArticles E-Books Current
been added. On-Demand Webinars
learnings and
business behavior are now seen to be a component that you can integrate and
are expected to consider. The guide is not something static, but something
that we can modify based on needs inside and outside the project. It is moved
closer to a dynamic set of tools supported by thoughtful analysis as well as
best practice.
All these updates support not only increased clarity but also provide a focus on
how this material can be best applied. This is the core of the PMP Certification
Exam; it tests not only one’s knowledge but how well the applicant can apply
what they know as a best practice in ambiguous, often confusing situations.
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11/7/2018 20 Sample PMP® Questions and Answers
This bodes well for the profession of project management, and it bodes well for
Project Manageme… All Resources Articles E-Books On-Demand Webinars
us, too. The guide gives us not only what we need to do today to make projects
and business better, but what we need to think about and prepare for the future.
Project management and our careers within it are a continuing story, not a
stairway that ends with a closed door.
PMP, PMBOK are registered marks of the Project Management Institute, Inc.
PMP® Certification 16 Nov -14 Dec 2018, Weekdays batch Your City View Details
PMP® Certification 24 Nov -22 Dec 2018, Weekend batch Kuala Lumpur View Details
PMP® Certification 26 Nov -11 Dec 2018, Weekdays batch Perai View Details
Tim Jerome, PMP® MBA, has led and supported projects globally for over 15
years. Tim has taught Project Management and PMP® Certification
preparatory courses for over 10 years, assisting in educating and supporting
hundreds of project managers.
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