Category Archives: PMP Exam Question Practice

PMP Exam Questions – Practice Session | 07

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PMP Exam PracticePMP Exam Question Session 7

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

 

Question 1

You are working on a project and your project sponsor asks you to contribute to a decision on whether to continue the project. The project had an initial budget of $500,000, is only half complete and has spent $1,000,000. Should the organization consider the $1,000,000 when determining whether to continue?

A)  Ask the Project Team to vote so the process is democratic
B)  No, the money spent is gone
C)  Yes, that is our money spent, we should consider it
D)  Refer to the functional manager as they own the business unit

Question 2

You are working as a project manager, asking for proposals from a Third Parties to complete the work. Your brother works for one of the vendors bidding for the contract. You are part of the executive team which will accept a vendor. What do you do?

A)  Discourage the vendor bid as it would be a conflict of interest
B)  Help the your brother’s vendor in the bid so you can work together
C)  Inform your company and the vendor of the relationship
D)  Don’t tell anyone. Why complicate things?

Question 3

You are working as a project manager in a foreign country. It is customary that gifts be made to the government to obtain the necessary project approvals, however the country where your company is based does not allow this practice. What should you do?

A)  Don’t bother with getting project approvals
B)  Ensure you offer gifts to obtain the project approvals
C)  Allocate additional hidden funds in the project to obtain the gifts
D)  Do not offer gifts to obtain project approvals

Question 4

You are working on a complex project requiring expertise from the functional manager. What is your role as a project manager in a weak matrix organization?

A)  Coordinator
B)  Administrator
C)  Supporter
D)  Functional manager

Question 5

Project Constraints are any restriction that defines a project’s limitations and is the limit of what the project is expected to accomplish. Which of the following is one of the types of competing Project Constraints?

A)  Size
B)  Sponsor
C)  Quality
D)  Location

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PMP Exam Questions – Practice Session | 06

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PMP Exam PracticePMP Exam Question Session 6

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

 

Question 1

Present Value is the present day value of an amount that is received at a future date. The Present Value (PV) of $12,000 to be received 4 years from now, with an interest rate of 5% would be:

A)  $9,872
B)  $1,787
C)  $11,268
D)  $1,541

Question 2

You are choosing a project for an organization where Project X has an internal rate of return (IRR) of 8%, Project Y has an IRR of 7%, Project Z has an IRR of 9%, Project W has an IRR of 11%. Which project would be the best choice?

A)  Project W
B)  Project X
C)  Project Y
D)  Project Z

Question 3

You are a project manager and meeting the stakeholders along with your team. What is the first meeting of stakeholders and team members, which provides an opportunity to clarify roles and ask questions called?

A)  Meeting
B)  Kick-Off
C)  Launch
D)  Kick-On

Question 4

You are working in the procurement department for your project. One vendor is trying to give you an expensive gift with the understanding it would help them get the contract. What would you do if there are no rules regarding gifts in your company?

A)  Ask the vendor for an additional gift for your boss also
B)  Don’t accept the gift
C)  Accept the gift and help them, it is a nice gesture
D)  Seek advice from your boss

Question 5

You have been working as a project manager for some time, and have found different types of resistance to the change brought about by your various projects. What is the main source of resistance for any change in an organization?

A)  Project
B)  Process
C)  Technology
D)  People

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PMP Exam Practice Questions – All

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PMP Practice Exam

You can pass the PMP Exam.

Below you will find links to hundreds of PMP and CAPM practice exam questions for you to test yourself on and practice before you take the real thing. Each session has five questions, where we go through and solve them together.

If you study hard every day, and take practice exams every day, I absolutely believe that you will gain the skills you need to pass the PMP Exam. I believe in you, and I know you can do it!

PMP Exam Questions – Practice Session | 04

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PMP Practice ExamPMP Exam Question Session 4

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

 

Question 1

Two team members in your project are having issues working together. You discuss this problem with the functional manager and jointly agree on a solution. What type of organizational structure are you working in?

A) Project oriented
B) Strong Matrix
C) Balanced Matrix
D) Weak Matrix

Question 2

A project management office (PMO) is a group or department that defines and maintains standards for project management within the organization. What is the primary objective of a PMO?

A) To support the customers receiving the product
B) To support the project managers
C) To support senior management
D) To support the industry

Question 3

You are working on an agile project as a project manager and performing sprint planning. You are planning the work in detail to be completed soon, and long term work is planned at a high level. What is this called?

A) Detailed Elaboration
B) Waterfall Planning
C) Agile Planning
D) Rolling Wave Planning

Question 4

At what stage of a project is a project manager typically assigned to a project?

A) The very beginning, during project initiation
B) The beginning to middle, during project planning
C) The middle, during project execution
D) The middle to end, during project monitoring

Question 5

You are in the process of identifying the methods your company uses to accept third party vendors and procure their services. What are you looking for?

A) Rating Selection Criteria
B) Source Selection Criteria
C) Scoring Selection Criteria
D) Proposal Selection Criteria

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PMP Exam Questions – Practice Session | 05

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PMP Practice Exam

PMP Exam Question Session 5

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

 

Question 1

Costs can fluctuate during the different phases of your project. Generally, over the lifecycle of a project, the cost of changes to project scope will:

A) decrease
B) increase
C) remain about the same
D) depend on who assigns the change request

Question 2

You are a project manager brought on during the very early phase of the project. The project sponsor has asked you to create a report on whether this project can be completed in time, at what cost, and what benefit is expected. What is the Project Sponsor asking for?

A) A Project Charter
B) A commercial database
C) A Feasibility Study
D) A project management plan

Question 3

Future Value is the value of today’s sum of money, at a specified date in the future. The Future Value (FV) of $14,000 invested for 5 years with interest rate of 5% would be:

A) $16,225
B) $18,574
C) $17,867
D) $15,536

Question 4

Your project can be significantly impacted, depending on the organizational structure you are working in. Which organisational structure gives you the most control as a project manager?

A) Strong Matrix
B) Functional Matrix
C) Balanced Matrix
D) PMO

Question 5

You are working on a project where you have to plan for your current software product, and a software product in the same area to be released afterwards. What is your role in this situation?

A) Functional Manager
B) Program Manager
C) Production Manager
D) Project Manager

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PMP Exam Questions – Practice Session | 03

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PMP Practice ExamPMP Exam Question Session 3

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

 

Question 1

One or more deliverables are produced at the end of a project phase. Multiple phases make up a project life-cycle. What is the completion of a project phase also called?

A) Kill Points
B) Task Points
C) Feature Items
D) Release Items

Question 2

Every project has essential milestones and business goals to meet. A project is divided into parts, called:

A) Tasks
B) Work Breakdown Structure
C) Phases
D) Releases

Question 3

You are a project manager responsible for delivering a new mobile app. You are working on the project part-time, and must ask the functional manager for each of your decisions. What type of organizational structure are you working in?

A) Weak Matrix
B) Strong Matrix
C) Balanced Matrix
D) Project Management Office

Question 4

You are working on a global project in other country, where it is customary to honour the project manager of a successful project with gifts. The company you are working for has a policy to never accept gifts as it may be a conflict of interest. What should you do in this circumstance?

A) Accept the gift from the customer, it would be rude not to
B) Tell the customer you don’t accept gifts
C) Discuss the situation with your manager and agree what to do – you must be aware of social customs in other countries but your company’s rules take precedence over others.
D) Accept the gift from the customer and give it to somebody else

Question 5

A risk is an undetermined event or condition that can have a positive or negative effect on at least one project objective if it occurs. During which part of your project is the risk of the project failure highest?

A) The beginning, when initiating your project
B) The middle, when planning your project
C) The end, when closing your project
D) The middle, when executing your project

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PMP Exam Questions – Practice Session | 02

PMP Exam Question Practice

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PMP Practice ExamPMP Exam Question Session 2

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

 

Question 1

The Benefit to Cost Ratio (BCR) is the ratio of the benefits of a project relative to its costs. You are working on a project with a total cost of $200,000. That project results in a benefit of $190,000. What is the Benefit Cost Ratio?

A) 1.05
B) 0.95
C) 0.85
D) 1.15

Question 2

A recent news article spread a rumour about a supplier who is providing services for the project you are working on. They are reportedly in the middle of a hostile takeover bid from another larger company. You need to ensure you project is able to continue. What should you do?

A) Ignore the news article – they don’t know the supplier like you do
B) Set a meeting and talk to executives in charge at the hostile bidder
C) Talk to the vendor and find the facts
D) Stop working with the vendor immediately, get another vendor to do the work

Question 3

You are asked to select a new project for your company. Project X will take 3 years to complete with Net Present Value of $101,000. Project Y will take 2 years to complete with Net Present Value of $95,000. Which should you select?

A) Project Y
B) Project X
C) Both projects
D) Either project

Question 4

What is the Opportunity Cost of selecting Project X over Project Y, when Project X has a NPV of$124,000 and Project Y has a NPV of $179,000?

A) $40,000
B) $179,000
C) $124,000
D) $310,000

Question 5

The Benefit Cost Ratio or Profitability Index is commonly used to identify the most efficient projects. What does a benefit cost ratio of 1.45 imply?

A) Cost is 1.45 times the profit
B) Cost is 1.45 times the revenue
C) Profit is 1.45 times the cost
D) Revenue is 1.45 times the cost

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PMP Exam Questions – Practice Session | 01

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PMP Exam Question Session 1

In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.

We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.

I hope you enjoy!

Question 1

You are asked to decide which project is a better investment. Project X takes 3 years to complete with a Net Present Value of $125,000 and Project Y takes 2 years to complete with a Net Present Value of $100,000. Which will you choose?

A) Both projects
B) Project X only
C) Either project
D) Project Y only

Question 2

You are a certified PMP working as a project manager in a company. One of your colleagues is planning to take the PMP exam too, and asks for your guidance on preparation. What should you do?

A) Give them a few instructions and let them work out the rest
B) Say you’re too busy to help them – after all, it’s true
C) Give them whatever guidance you can provide based on your experience
D) Tell them to go to the PMI website and find the information they want

Question 3

What is the Cost Performance Index of a project with a PV of $795,000, EV of $850,000, and AC of $950,000?

A) 1.12, you are over budget
B) 0.89, you are over budget
C) 2.05, you are under budget
D) 0.75, you are under budget

Question 4

Return on Investment (ROI) is the percentage return we get from investing in something. Your project cost the company $200,000 to complete. That project returns a benefit of $240,000. The Return on Investment (ROI) would be:

A) 20%
B) 24%
C) 240%
D) 16%

Question 5

The Benefit Cost Ratio is used to compare the benefits to the costs for a project. As a project manager working for your company which one of the following projects will you recommend based on the BCRs below?

A) Project X at 0.75
B) Project Y at 1.20
C) Project R at 1.85
D) Project W at 2.05

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