Upcoming SlideShare
×

# 07 pmp cost management exam

4,244 views

Published on

PMP Exqam Preparation by: Jamil Faraj

7 Likes
Statistics
Notes
• Full Name
Comment goes here.

Are you sure you want to Yes No
• Be the first to comment

Views
Total views
4,244
On SlideShare
0
From Embeds
0
Number of Embeds
42
Actions
Shares
0
144
0
Likes
7
Embeds 0
No embeds

No notes for slide

### 07 pmp cost management exam

1. 1. you are here 4   379cost managementExam QuestionsSome of the Earned Value numbers havealternate four-letter abbreviations.This one stands for “Budgeted Costof Work Performed.” Don’t worry—youdon’t need to memorize them!1. You are creating your Cost Performance Baseline. What process are you in?A. Determine BudgetControl CostsB. Estimate CostsC. Cost BaseliningD. 2. You’re working on a project that has an EV of \$7362 and a PV (BCWS) of \$8232. What’s your SV? –\$870A.  \$870B.  0.89C.  Not enough information to tellD. 3. You are managing a project for a company that has previously done three projects that were similar toit. You consult with the cost performance baselines, lessons learned, and project managers from thoseprojects, and use that information to come up with your cost estimate. What technique are you using?A. Parametric EstimatingNet Present ValueB. Rough Order of Magnitude EstimationC. Analogous EstimatingD. 4. You are working on a project with a PV of \$56,733 and an SPI of 1.2. What’s the Earned Value of yourproject?\$68,079.60A. \$47,277.50B. \$68,733C. .72D. 5. Your company has two projects to choose from. Project A is a billing software project for the Accountspayable department; in the end it will make the company around \$400,000 when it has been rolled outto all of the employees in that department. Project B is a payroll application that will make the companyaround \$388,000 when it has been put to use throughout the company. After a long deliberation, yourboard chooses to go ahead with Project B. What is the opportunity cost for choosing Project B overProject A?\$388,000A. \$400,000B. \$12,000C. 1.2D. Download at Boykma.Com