Hello everyone! Test your PMP exam preparation and answer this Free PMP® Exam Sample Question of the week. For more of this free PMP exam sample question visit: https://free.pm-exam-simulator.com/free-pmp-exam-simulator

1. PMP EXAM
SAMPLE Q & A

2. The difference between the cost baseline and the project budget is defined as:
A. Contingency reserves
B. Funding requirements
C. Management reserves
D. Organizational process assets
HINT: Which type of reserve is included in the cost baseline?
Question

3. The correct answer is C
The total project budget includes the cost baseline plus the management reserves. Therefore, the
difference between the two is the management reserves. Withheld for management control
purposes, management reserves are used for unforeseen risks that affect the project. The cost
baseline includes the work package estimates plus contingency reserves. The project manager
can use contingency reserves for identified risks should they occur.
Answer

4. 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.
We are a trusted and experienced education provider.