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PMP Exam
Sample Q & A
PMI®, PMP®, CAPM®, and PMBOK® Guide are trademarks of
the Project Management Institute, Inc.PMI® has not endorsed
and did not participate in the development of our products.
OSP International LLC has been reviewed and approved by the
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A company is considering two projects, Alpha and Beta. Project Alpha is expected
to result in a $50 million net profit, while project Beta and is expected to net $45
million. Both projects could be very lucrative and rewarding. However, the financial
controller has stated that the company can only invest in one of these projects.
If project Alpha is selected, what will be the opportunity cost?
A. $95 million
B. $50 million
C. $45 million
D. $5 million
HINT: Opportunity cost is defined as the value of the alternative that is not chosen.
QUESTION:
The correct answer is C.
Opportunity cost is regarded as the value of the alternative that
is not chosen. If the decision is made to select project Alpha and
forego the $45 million in potential profit from project Beta, the
opportunity cost of this decision is $45 million, the value of
project Beta
ANSWER:
The topic of this question is not covered in the A Guide to the
Project Management Body of Knowledge (PMBOK® Guide).
However, the Project Management Professional (PMP)®
Examination Content Outline (ECO) indicates that while there
are some commonalities between the PMBOK® Guide and the
ECO, the exam is not bound by the PMBOK® Guide. The list of
enablers specified in the tasks of the ECO domains is not
exhaustive either.
ANSWER:
The ECO assumes that prospective PMP aspirants are familiar
with other sources of information/preparation, including but not
limited to PMI Code of Ethics and Professional Conduct, PMI’s
Practice Standards (e.g., Scheduling, Earned Value
Management, etc.); organizational behavior theories such as
Tuckman’s Ladder, Theory X and Theory Y, Maslow's hierarchy of
needs; commonly frowned upon project management
practices, such as gold plating; and others.
ANSWER:
We intentionally have these questions in our simulator so that
you would be better prepared for the real exam. PMP aspirants
are encouraged to explore additional sources of information
and/or to be familiar with them from their project management
experience.
ANSWER:
All our questions are updated to the latest A Guide to the Project Management Body of Knowledge
(PMBOK® Guide) standard.
Stop by at free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days.
OSP International LLC has been reviewed and approved by the PMI® Authorized Training Partner
Program.

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  • 2. A company is considering two projects, Alpha and Beta. Project Alpha is expected to result in a $50 million net profit, while project Beta and is expected to net $45 million. Both projects could be very lucrative and rewarding. However, the financial controller has stated that the company can only invest in one of these projects. If project Alpha is selected, what will be the opportunity cost? A. $95 million B. $50 million C. $45 million D. $5 million HINT: Opportunity cost is defined as the value of the alternative that is not chosen. QUESTION:
  • 3. The correct answer is C. Opportunity cost is regarded as the value of the alternative that is not chosen. If the decision is made to select project Alpha and forego the $45 million in potential profit from project Beta, the opportunity cost of this decision is $45 million, the value of project Beta ANSWER:
  • 4. The topic of this question is not covered in the A Guide to the Project Management Body of Knowledge (PMBOK® Guide). However, the Project Management Professional (PMP)® Examination Content Outline (ECO) indicates that while there are some commonalities between the PMBOK® Guide and the ECO, the exam is not bound by the PMBOK® Guide. The list of enablers specified in the tasks of the ECO domains is not exhaustive either. ANSWER:
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