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: Free PMP® Exam Sample Question of the Week

## Free PMP® Exam Sample Question of the Week 1 year 4 months ago #14791

 Mary Kathrine Padua Topic Author Offline Administrator Posts: 211 Karma: 7 Thank you received: 99 Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator You are managing a renovation project of a vintage house which is to be completed in 12 months on a budget of \$100,000. You are 6 months into the project, and you have spent \$60,000, but only 40% of the work is completed. How much more will it cost to complete the renovation if the cost performance remains unchanged? A. \$171,940 B. \$120,000 C. \$149,254 D. \$89,254 HINT: Determining how much more it will cost to finish the project is the ETC. All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days. We are a Project Management Institute (PMI)® Registered Education Provider. Answer and Explanation: The correct answer is D. The total budget or BAC is \$100,000. The cost so far or AC is \$60,000. You have completed 40% of the work which is the EV or 40% of \$100,000 or \$40,000. The question is asking for the cost to complete the renovation or the ETC. The remaining calculations are as follows: ETC = EAC - AC EAC = BAC / CPI CPI = EV / AC or 40,000 / 60,000 = 0.67 EAC = 100,000 / 0.67 = 149,254 ETC = 149,254 - 60,000 = 89,254 or the cost required to complete the renovation. A. \$171,940 Incorrect. The question is looking for the ETC or the cost required to complete the project. This value represents the EAC using the formula EAC = AC +[(BAC - EV) / (CPI x SPI)]. B. \$120,000 Incorrect. The question is looking for the ETC or the cost required to complete the project. This value represents the EAC using the formula EAC = AC + BAC - EV. C. \$149,254 Incorrect. The question is looking for the ETC or the cost required to complete the project. This value represents the EAC using the formula EAC = BAC / CPI. D. \$89,254 Correct. The cost required to complete the project is \$89,254. The value was derived using ETC = EAC - AC utilizing the formula EAC = BAC / CPI to calculate EAC. Reference: A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017, Page(s) 267 The following user(s) said Thank You: Seni Adeyemi Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable. Last edit: by Mary Kathrine Padua.

## Free PMP® Exam Sample Question of the Week 1 year 3 months ago #14827

 Usen Sunday Umoekah Visitor Thanks for your details answer to the question. I will like to know more on simulation sample questions and answers. Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
 Page:1
Moderators: Yolanda MabutasScott GillardMary Kathrine PaduaTracy Shagnea, PMPJoe PangJohn Paul BugarinAmy MartinezLisa Sweeney PMP

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 Eight Hours! Join the Live PMP Coaching Class on December 21/22 for just \$179. OR