NEVER post copyrighted questions. Always state where questions come from. We take copyright violations very serious. Any copyrighted materials will be removed and the posters account will be deactivated.
  • Page:
  • 1

TOPIC: Question Free PMP Exam Sample Question of the Week

Free PMP Exam Sample Question of the Week 2 years 4 months ago #5924

  • Mary Kathrine Padua
  • Mary Kathrine Padua's Avatar Topic Author
  • Offline
  • Administrator
  • Administrator
  • Posts: 140
  • Karma: 5
  • Thank you received: 59


Hello everyone! Here is this week's free PMP exam sample question from the PM Exam Simulator.

Question:

____________ is the total cost to produce the product or service of the project while meeting the quality standards plus the operating cost.

A. Total Cost of Ownership
B. Estimated Cost
C. Cost of Quality
D. Budgeted Cost

HINT: What is the total cost of a product?

All our questions are updated to the latest PMBOK® Guide standard. Stop by at free.pm-exam-simulator.com and try the PMP Exam Simulator free for 3 days. We also offer 110 free questions at www.free-pm-exam-questions.com . We are a PMI Registered Education Provider.

Answer and Explanation:
The correct answer is A.

Total Cost of Ownership is the total cost of a product including the development cost, quality activities cost, and operating costs. Cost of Quality means the Cost of Quality activities only. Neither Budgeted Cost nor Estimated Cost are the actual costs to produce the product.
The following user(s) said Thank You: Jideofor Ebeogu
Last Edit: by Mary Kathrine Padua.
  • Page:
  • 1
Moderators: Yolanda MabutasAhmed AminScott GillardMary Kathrine PaduaERIC BARTLETTKevin NasonMark Wuenscher, PMPTracy Shagnea, PMPJada Garrett

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Boost Your PMP Exam Prep in Only Six Hours! Join the Live PMP Coaching Class on Dec 02/03 or 16/17 for just $79. Learn More...
The PMP Exam is Changing in 2018
Simona and Cornelius
Free Interview - Listen Now

This interview with Simona Fallavollita (LinkedIn Profile) was recorded at the magnificient Project Management Institute (PMI)® Global Conference 2017 in Chicago, Illinois. We discuss the how, what, why and when of the changes that are coming to the PMP exam.

Thank you!
Cornelius Fichtner, PMP, CSM