Answering PMP Questions – Part 2

1. Answering PMP
Questions – Part 2
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2. In this series, I am discussing different types of
PMP questions, and how to analyze the
question, and review each choice, before
choosing the correct answer. In the First
Part, we saw how to answer PMP
questions, using the information provided in
Process Names.
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3. QUESTION:
Your are the project manager of The-
Magnificent-Olympic-Stadium Project. The
project has a medium amount of risk and is not
very well defined. The sponsor calls you for a
meeting, and hands you a project charter. He
then asks you to confirm that the project can
be completed within the project cost budget.
What is the BEST method to handle this
situation?
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4. A. Build the estimate in the form of a range of
possible results.
B. Ask the team members to help estimate the
cost based on the project charter.
C. Based on the information you
have, calculate a parametric estimate.
D. Provide an analogous estimate based on
past history.
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5. First of all, make your own choice of the
answer. Go ahead, don’t be shy. Choose only
ONE answer – A, B, C or D.
Good. Now let’s analyze this question…
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6. Find the answer to this question and
learn why by visiting
PMChamp.com/Mock Questions Part 2
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7. Aim to Pass the PMP exam in your first attempt, with
the right guidance and the PMI perspective of
thinking.
Join our Online PMP Exam Prep Coaching Workshop
- updated for the revised PMP exam
Or try out as many mock exam tests as you can:
Free and Paid PMP Resources
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8. And let me know once you pass the
exam. All the Best!
Cheers,
Vinai Prakash, PMP
www.pmchamp.com
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