PMP STUDY PRACTICE
TEST QUESTIONS AND
CORRECT ANSWERS
GRADED A+ 2025 -2026
Crashing - ANS-Involves adding extra resources to the critical path.
Decision Tree Analysis - ANS-calculates une expected monetary value
To help you and your team determine the best path to Follow. (Risk;emv)
Firm Fixed Price (FFP) - ANS-Pricing does not change. Favored by organization. Risk on
seller.
Project Charter - ANS-Provides high level project objectives. Definite the boundaries of
the project scope.
RACI chart - ANS-Responsible, Accountable, Consult, Inform
Deming Cycle - ANS-Plan, Do, Check, Act
Ishikawa Diagram (Fishbone) - ANS-Identifying potential causes of a problem, showing
cause and effect relationships.
Risks - Threats - ANS-Avoid - remove root cause
Transfer: 3rd party
Mitigate:
,Accept: no change
Risk - Opportunities - ANS-Exploit - change plans to remove uncertainty
Share - Allocate
Enhance - increase positive impact or probability
Accept - not actively pursued
EAC (Estimate at Completion) - ANS-BAC / CPI (budget at completion divided by cost
performance index)
Prediction of what the project will cost when completed.
Phase review - ANS-Kill point
Analogous Estimating - ANS-An approach that relies on historical information to
predict the cost of the current project. It is also known as top-down estimating and is
the least reliable of all the cost-estimating approaches.
Similar project.
PSR - ANS-product, service, or result
Data Analysis - ANS-Alternative analysis
Root cause analysis
Variance analysis
Trend analysis
Risk report - ANS-report summarizing the project risks
Risk Register - ANS-Potential project risks, owners of each risk and a pote ntial risk
response.
, Data Gathering - ANS-The process of collecting facts and figures.
Brainstorming
Interviews
Focus groups
Checklist
Questionnaire
Surveys
Gather data information about a particular process that you are working on.
Informal communication - ANS-Emails
Social media
Website
Informal adhoc discussion
Colocation - ANS-Same place/ location.
Formal communication - ANS-Reports
Meeting agendas
Stakeholder briefings
Formal meetings
Physical Resources - ANS-Supplies
Materials
Tools
Equipment
Facilities
Software
TEST QUESTIONS AND
CORRECT ANSWERS
GRADED A+ 2025 -2026
Crashing - ANS-Involves adding extra resources to the critical path.
Decision Tree Analysis - ANS-calculates une expected monetary value
To help you and your team determine the best path to Follow. (Risk;emv)
Firm Fixed Price (FFP) - ANS-Pricing does not change. Favored by organization. Risk on
seller.
Project Charter - ANS-Provides high level project objectives. Definite the boundaries of
the project scope.
RACI chart - ANS-Responsible, Accountable, Consult, Inform
Deming Cycle - ANS-Plan, Do, Check, Act
Ishikawa Diagram (Fishbone) - ANS-Identifying potential causes of a problem, showing
cause and effect relationships.
Risks - Threats - ANS-Avoid - remove root cause
Transfer: 3rd party
Mitigate:
,Accept: no change
Risk - Opportunities - ANS-Exploit - change plans to remove uncertainty
Share - Allocate
Enhance - increase positive impact or probability
Accept - not actively pursued
EAC (Estimate at Completion) - ANS-BAC / CPI (budget at completion divided by cost
performance index)
Prediction of what the project will cost when completed.
Phase review - ANS-Kill point
Analogous Estimating - ANS-An approach that relies on historical information to
predict the cost of the current project. It is also known as top-down estimating and is
the least reliable of all the cost-estimating approaches.
Similar project.
PSR - ANS-product, service, or result
Data Analysis - ANS-Alternative analysis
Root cause analysis
Variance analysis
Trend analysis
Risk report - ANS-report summarizing the project risks
Risk Register - ANS-Potential project risks, owners of each risk and a pote ntial risk
response.
, Data Gathering - ANS-The process of collecting facts and figures.
Brainstorming
Interviews
Focus groups
Checklist
Questionnaire
Surveys
Gather data information about a particular process that you are working on.
Informal communication - ANS-Emails
Social media
Website
Informal adhoc discussion
Colocation - ANS-Same place/ location.
Formal communication - ANS-Reports
Meeting agendas
Stakeholder briefings
Formal meetings
Physical Resources - ANS-Supplies
Materials
Tools
Equipment
Facilities
Software
