Hi PMP aspirants, welcome to AKVTutorials. Are you preparing for the PMP exam and looking for a resource that provides insightful practice questions for effective study sessions? Unearth the secrets to PMP success through our Practice Questions—an essential companion for every Project Management Professional aspirant. In this article, you will get PMP Certification Exam Questions Paper 69 Answers. PMP (Project Management Professional) is a certification offered by PMI (Project Management Institute) to get a skill managing the people, processes, and business priorities of professional projects. The PMP certification holders are called Project Manager who have proven they have project leadership experience and expertise in any way of working.
PMP Exam Practice Questions
PMP Practice Test Question No 1
You are the program manager for a new commercial jet. A new robotic technology has just emerged that will improve the accuracy of machining connectors to within 3 microns. This technology will also result in a savings from the previous method. As a result of this, all program managers are being asked to come up with a new estimate at completion for their in-process projects. The most accurate method to develop the new estimate is to:
Option A : Complete and earned value analysis to determine the cost index
Option B : Take the actuals to date and add the remaining budget modified by a performance factor
Option C : Take the actuals to date and develop a new estimate for all remaining work
Option D : Add the remaining budget to what has already been spent
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: C
Take the actuals to date and develop a new estimate for all remaining work
PMP Mock Test Question No 2
Which of the following is not an input to cost budgeting?
Option A : Cost estimates
Option B : Work breakdown schedule
Option C : Project schedule
Option D : Risk management plan
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: D
Risk management plan
PMP Practice Exam Question No 3
A project team member decides that engaging the customer on some alternative designs is unnecessary if all functionalities are delivered. The Which of the following is not an input to the cost control process?
Option A :Performance measurement
Option B : Cost baseline
Option C : Performance reports
Option D : Change requests
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: A
Performance measurement
PMP Mock Exam Question No 4
Which of the following is not a tool or technique for cost control?
Option A : Cost change control system
Option B : Revised cost estimates
Option C : Performance measurement
Option D : Additional planning
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: B
Revised cost estimates
Project Management Professional Question No 5
Which of the following is not an output of the cost control process?
Option A : Revised cost estimates
Option B : Budget updates
Option C : Workarounds
Option D : Estimate at completion
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: C
Workarounds
PMP Certification Prep Question No 6
As project manager, which of the following activities most deserves your immediate attention?
Option A : ACWP = $3,000 and BCWP = $2,900
Option B : BCWS = $3,000 and BCWP = $2,900
Option C : ACWP = $3,000 and BCWP = $3,200
Option D : BCWP = $3,000 and ACWP = $2,400
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: D
BCWP = $3,000 and ACWP = $2,400
PMP Exam Question No 7
Your project will require use of a high pressure punch press for four months. You can rent the press for $10,000 payable at the end of each month. You may also choose to make a lump sum payment on the day the press is delivered. Using a discount rate of 1% per month, the maximum lump sum payment you should choose to make is:
Option A : $38,000
Option B : $38,500
Option C : $39,000
Option D : $39,250
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: C
$39,000
PMP Exam Sample Question No 8
A work package, scheduled for one year from today, will cost $114,000 at that time. It can be done now at a reduced cost. Using a 12% discount rate, the maximum cost you should authorize for doing the work now is:
Option A : 100,320
Option B : 101,750
Option C : 102,500
Option D : 103,000
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: A
100,320
PMP Exam Practice Question No 9
At what stage in the project life cycle would costs be the lowest?
Option A : Concept
Option B : Development
Option C : Implementation
Option D : Close out
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: A
Concept
PMP Certification Exam Question No 10
At what point in the project would stakeholders have the most ability to influence the final outputs of the project product?
Option A : Implementation
Option B : Development
Option C : Concept
Option D : Close out
Show/Hide Answer
Answer Keys: YES
Explanation: No
Correct Answer: C
Concept
