– See all the PMP Exam Questions –
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