– See all the PMP Exam Questions –
PMP 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