PMP Exam - Process Part 4 Questions
with correct answers 2025
Which Kanban key performance indicator allows teams to make reliable
commitments about how long it takes them to deliver work?
A.
Defects
B.
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Cycle time
C.
O
WIP
FD
D.
Velocity - ANSWER-B.
Cycle time
O
C
Explanation :
Cycle time is the amount of time it takes for a team to complete a task from
start to finish. It is a key performance indicator that allows teams to make
reliable commitments about how long it takes them to deliver work.
The Project Manager is currently estimating the costs for the project and needs
to be as accurate and detailed as possible. What tool or technique is best for
the Project Manager to use in this situation?
A.
Estimate activity durations
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B.
Parametric estimating
C.
Analogous estimating
D.
Bottom-up estimating - ANSWER-D.
PR
Bottom-up estimating
Explanation :
O
Bottom-up estimating is the best tool for the Project Manager to use in this
situation because it involves estimating the cost of each individual work
FD
package and then aggregating them to determine the total project cost. This
method is more accurate and detailed than other estimating techniques.
O
You are managing a project with a budget of $20,000. You have spent $17,000
so far, and the project is 75% complete. You have performed a variance analysis
and determined that the estimate at completion (EAC) will be $22,667. What is
C
the efficiency that must be maintained in order to complete the project with
the current EAC?
A.
0.882
B.
1.133
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C.
1.353
D.
1.556 - ANSWER-A.
0.882
Explanation :
The efficiency that must be maintained to complete the project with the
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current EAC is calculated as follows: EAC / BAC = $22,667 / $20,000 = 1.133.
Since the project is 75% complete, the work remaining is 25%. Therefore, the
efficiency that must be maintained to complete the project with the current
EAC is 1..25 = 0.882.
O
ln preparation for an upcoming project status meeting, you have determined
FD
the value of the work completed thus far is $100,000 with a budget at
completion (BAC) of $1,000,000. At this point in the project, you have spent
12% of the project budget. The value of work planned to be completed at this
point is $115,000. What will you report at the project status meeting?
O
A.
The project is not performing well both in terms of cost and schedule
C
B.
The project is performing well in terms of cost but not in terms of schedule
C.
The project is currently behind schedule
D.
, @PROFDOCDIGITALLIBRARIES
The project is currently over budget - ANSWER-A.
The project is not performing well both in terms of cost and schedule
Explanation :
The project is currently over budget, as the value of work completed is
$100,000 and the project has spent 12% of the budget, which is $120,000.
Therefore, the project is over budget by $20,000.
The project team has just completed its fourth sprint. As part of the Control
Costs process, you determine that the team's average velocity is 50 points per
PR
sprint and the team has earned 1/2 of the total number of story points
required to complete the entire project. The average cost per story point is
$500. What is the estimate to complete the remaining work?
A.
O
$100,000
FD
B.
$110,000
O
C.
C
$120,000
D.
$150,000 - ANSWER-A.
$100,000
Explanation :