PMP CERTIFICATION EXAM PREPARATION TEST BANK
PMP CERTIFICATION EXAM PREPARATION TEST BANK
NEWEST 2025/2026 COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
|BRAND NEW VERSION!!
You are the Project Manager of a project for which a prototype was recently
delivered. The sponsor of the project calls you and gives you an overall estimate
for the project. This form of estimate is known as ____
A. Analogous Estimate
B. Parametric Estimate
C. Heuristic Estimate
D. Three Point Estimate
Correct Option: A
EXPLANATION
Analogous Estimate (also called Top down approach) is a form of Expert
Judgment. It uses estimations from previous similar activities to estimate future
durations. The accuracy of estimates derived using this method depends on the
correctness of historical information, similarity of the historical projects (here a
prototype project), and expert judgment.
A Project Manager who has just been assigned to a new project has been asked by
his sponsor to come up with an initial cost estimate called a Rough Order of
Magnitude (ROM). This would typically fall in which range?
A. -50% to +100%
B. -25% to +75%
C. -10% to +15%
D. -100% to +50%
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, PMP CERTIFICATION EXAM PREPARATION TEST BANK
Correct Option: B
EXPLANATION
The Rough Order of Magnitude estimate (ROM) is usually done in the initial
stages of the project, when limited information is available. The budgeted
estimate will be in the range of -10% to +25%, and the definitive estimate will be
in the range of -5% to +10%.
In a meeting, the Sponsor has discussed three projects with you: Project A with
Net Present Value of $55,000 and a payback period of 5 years; Project B with Net
Present Value of $95,000; and Project C with payback period of 10 years. He
provides you with additional information about the projects and intends to assign
you as the Project Manager for the selected project. As a Project Manager, you are
NOT expected to:
A. Conduct project selection methods to select one of the three projects discussed
with you by the sponsor to evaluate feasibility of new products and services
B. Proceed to select the project with higher NPV
C. Engage in deceitful practices
D. Participate in the project selection method
Correct Option: C
EXPLANATION
Per the new examination content outline, the project manager participates in
the development of the project charter.
There are three projects A, B, and C. NPV for projects A, B , and C are $50,000, $
80,000, and $ 40,000 respectively. In a meeting, the management unanimously
has chosen projects A and C. What is the opportunity cost of the project?
A. 80000
B. 130000
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, PMP CERTIFICATION EXAM PREPARATION TEST BANK
C. 90000
D. 0
Correct Option: A
EXPLANATION
Opportunity cost is the cost of giving up the opportunity by selecting a project(s)
over another. Here, Project B is not selected.
A project is in the initiating stage, and the Project Manager is identifying project
communication constraints. Which of the following could be a valid constraint?
A. The project could face high attrition rate
B. Management and customer expect detailed formal status reports on the project
C. Project team members would be required to work from different geographical
locations
D. Many stakeholders of the project would not be able to attend the planned
project kick-off meeting
Correct Option: C
EXPLANATION
Constraints always limit project team options. Option (a) is a known risk, and (b)
and (d) can be addressed under stakeholder management by drawing consensus
on the report format and rescheduling the meeting date.
A Project Manager is responding to a business proposal from an overseas
company. Which of the following should he refer to as a guide to understand the
business practice(s) that are allowed and discouraged?
A. Procurement documents, including contract statement of work
B. Organization policies and procedures
C. Project Charter
D. PMI code of Professional Conduct
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, PMP CERTIFICATION EXAM PREPARATION TEST BANK
Correct Option: B
EXPLANATION
A Project Manager is an expert in control. Legal (as well as Purchasing) experts
will provide guidance about business decisions one would make in a foreign
country. The PMI® Code of Ethics (1.1.3) states, ®We inform ourselves and
uphold the policies, rules, regulations, and laws that govern our work,
professional, and volunteer activities.®. Option (b) is better.
Which of the following is NOT a project?
A. Campaigning for an election
B. Family Weekend drives to sea coast
C. Writing an autobiography about project management experience
D. Preparing for PMP® examinations
Correct Option: B
EXPLANATION
A project is a temporary endeavor undertaken to create a unique product,
service, or result. Family weekend drive is an ongoing activity and is not a
project.
You have been assigned to a large construction project, and you are in the
"Initiating" process group. You have identified the project stakeholders using a
stakeholder analysis tool and defined the high-level scope of the project. During
these activities, you have identified a key project limitation regarding the project
location. What is the BEST option for you in this situation?
A. Document the project limitation as a project constraint
B. Discuss the project constraint with the project sponsor and the customer
C. Document the project limitation as a project constraint and propose an
implementation approach to the sponsor and customer, if required
4|Page
PMP CERTIFICATION EXAM PREPARATION TEST BANK
NEWEST 2025/2026 COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
|BRAND NEW VERSION!!
You are the Project Manager of a project for which a prototype was recently
delivered. The sponsor of the project calls you and gives you an overall estimate
for the project. This form of estimate is known as ____
A. Analogous Estimate
B. Parametric Estimate
C. Heuristic Estimate
D. Three Point Estimate
Correct Option: A
EXPLANATION
Analogous Estimate (also called Top down approach) is a form of Expert
Judgment. It uses estimations from previous similar activities to estimate future
durations. The accuracy of estimates derived using this method depends on the
correctness of historical information, similarity of the historical projects (here a
prototype project), and expert judgment.
A Project Manager who has just been assigned to a new project has been asked by
his sponsor to come up with an initial cost estimate called a Rough Order of
Magnitude (ROM). This would typically fall in which range?
A. -50% to +100%
B. -25% to +75%
C. -10% to +15%
D. -100% to +50%
1|Page
, PMP CERTIFICATION EXAM PREPARATION TEST BANK
Correct Option: B
EXPLANATION
The Rough Order of Magnitude estimate (ROM) is usually done in the initial
stages of the project, when limited information is available. The budgeted
estimate will be in the range of -10% to +25%, and the definitive estimate will be
in the range of -5% to +10%.
In a meeting, the Sponsor has discussed three projects with you: Project A with
Net Present Value of $55,000 and a payback period of 5 years; Project B with Net
Present Value of $95,000; and Project C with payback period of 10 years. He
provides you with additional information about the projects and intends to assign
you as the Project Manager for the selected project. As a Project Manager, you are
NOT expected to:
A. Conduct project selection methods to select one of the three projects discussed
with you by the sponsor to evaluate feasibility of new products and services
B. Proceed to select the project with higher NPV
C. Engage in deceitful practices
D. Participate in the project selection method
Correct Option: C
EXPLANATION
Per the new examination content outline, the project manager participates in
the development of the project charter.
There are three projects A, B, and C. NPV for projects A, B , and C are $50,000, $
80,000, and $ 40,000 respectively. In a meeting, the management unanimously
has chosen projects A and C. What is the opportunity cost of the project?
A. 80000
B. 130000
2|Page
, PMP CERTIFICATION EXAM PREPARATION TEST BANK
C. 90000
D. 0
Correct Option: A
EXPLANATION
Opportunity cost is the cost of giving up the opportunity by selecting a project(s)
over another. Here, Project B is not selected.
A project is in the initiating stage, and the Project Manager is identifying project
communication constraints. Which of the following could be a valid constraint?
A. The project could face high attrition rate
B. Management and customer expect detailed formal status reports on the project
C. Project team members would be required to work from different geographical
locations
D. Many stakeholders of the project would not be able to attend the planned
project kick-off meeting
Correct Option: C
EXPLANATION
Constraints always limit project team options. Option (a) is a known risk, and (b)
and (d) can be addressed under stakeholder management by drawing consensus
on the report format and rescheduling the meeting date.
A Project Manager is responding to a business proposal from an overseas
company. Which of the following should he refer to as a guide to understand the
business practice(s) that are allowed and discouraged?
A. Procurement documents, including contract statement of work
B. Organization policies and procedures
C. Project Charter
D. PMI code of Professional Conduct
3|Page
, PMP CERTIFICATION EXAM PREPARATION TEST BANK
Correct Option: B
EXPLANATION
A Project Manager is an expert in control. Legal (as well as Purchasing) experts
will provide guidance about business decisions one would make in a foreign
country. The PMI® Code of Ethics (1.1.3) states, ®We inform ourselves and
uphold the policies, rules, regulations, and laws that govern our work,
professional, and volunteer activities.®. Option (b) is better.
Which of the following is NOT a project?
A. Campaigning for an election
B. Family Weekend drives to sea coast
C. Writing an autobiography about project management experience
D. Preparing for PMP® examinations
Correct Option: B
EXPLANATION
A project is a temporary endeavor undertaken to create a unique product,
service, or result. Family weekend drive is an ongoing activity and is not a
project.
You have been assigned to a large construction project, and you are in the
"Initiating" process group. You have identified the project stakeholders using a
stakeholder analysis tool and defined the high-level scope of the project. During
these activities, you have identified a key project limitation regarding the project
location. What is the BEST option for you in this situation?
A. Document the project limitation as a project constraint
B. Discuss the project constraint with the project sponsor and the customer
C. Document the project limitation as a project constraint and propose an
implementation approach to the sponsor and customer, if required
4|Page
