The document provides a sample question and answer from the PMP exam. The question asks for the best course of action for a project manager to address unexpected issues threatening the project's schedule and budget. The correct answer is to use management reserves, which are withheld for unforeseen risks rather than the contingency reserves allocated for identified risks or the other options provided. The explanation notes the discrepancy between "issues" in the question and "risks" in the explanation.

1. PMP EXAM
SAMPLE Q & A

2. During project execution, several unexpected issues have developed and are now threatening
the project schedule and budget.
What is the best course of action for the project manager to address the issues?
A. Use contingency reserves
B. Review project funding requirements
C. Use management reserves
D. Review organizational process assets
HINT: Which type of reserve is not included in the cost baseline?
Question

3. The correct answer is C.
The total project budget includes the cost baseline plus the management reserves. The cost baseline is
comprised of the work package estimates and contingency reserves. The contingency reserves are
allocated for identified risks. Management reserves are withheld for unforeseen risks that affect the
project. According to the scenario, the issues developed during the project were unexpected. Therefore, of
the choices provided, using the management reserves is the best course of action for the project manager.
Note, the scenario describes issues, while the explanation refers to risks. Prospective PMP aspirants should
keep in mind that the questions on the real PMP exam may have such discrepancy in their wording.
Answer

4. All our questions are updated to the latest
A Guide to the Project Management Body of Knowledge
(PMBOK® Guide) standard.
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