196 New PMP Cost Questions & Answers with explanation
101.
Which estimating method tends to be most costly for creating a project cost estimate?
Select one
102.
You are having difficulty estimating the cost of a project. Which of the following best describes the most probable cause of your difficulty
Select one
103.
To-complete performance index (TCPI) is represented by which of the following?
Select one
104.
`project setup costs are an expampel of:
Select one
105.
You have been working with the subject matter experts to estimate the activity durations and costs on the project. All of the following are outputs of the estimate costs process excpet:
Select one
106.
A company has invested significant capital in a current project. The project involves infrastructure and technology changes that will impact private client data, processing of transactions, and the distribution of goods to end users. Recent regulatory changes have made this project a higher priority for the company. While completing the project, the project manager realizes he needs to decrease project costs. There are concerns that this could impact end user satisfaction and create potential compliance issues. After researching his options, he comes up with the following choices. He will need to communicate the recommended option to the project stakeholders. Which choice would decrease project costs?
Select one
107.
As you review the project results, you notice you have spent us $1,200,000 at the last reporting point. You know the schedule performance index (SPI) is 1.1. Considering you feel you should have spent us $1,300,000 to this point, what are the cost performance index (CPI), and the schedule and cost variances?
Select one
108.
Earned value analysis is the basis for:
Select one
109.
A rough order of magnitude estimate is made during which project management process group?
Select one
110.
As the project progresses, you will engage in a process using aggregation, reserve analysis, and expert judgment. These are tools of which process?
Select one