The PM Exam Simulator gives you 1600+ highly realistic PMP Exam sample questions, 7 full exams, 1 ITTO exam, detailed explanations for all the answers, and more.
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Two-Day Live PMP® Coaching Just $199
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This is your indispensable PMP exam coaching course! The class curriculum has been designed for busy project managers like yourself to help boost your exam readiness in just one weekend.
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Studying PMP Exam Formulas Made Easy!
Are you stressed about the math and formulas you need to study and know for your Project Management Professional (PMP)® Exam? Don't worry! There's a better way to study them.
Yes, the PMP Exam and the formulas are complex. But The PMP Exam Formula Study Guide was created specifically to provide you an easy reference and study guide. It is your authoritative source to all the formulas and values you need to master for the PMP Exam.
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A project manager is developing a cost management plan and needs to determine the best source of funding for a project that is dictated by a legal requirement. The cost of capital is estimated at 9.7% for non-dividend paying equity, 6.7% for debt, and 5.1% for self-funding. The NPV of the project is $500,000 with an opportunity cost of $750,000. What is the project manager's best course of action?
A. Fund the project with equity since there are no dividend obligations
B. Select the self-funding option since it provides the lowest cost of capital
C. Perform an alternatives analysis since there are multiple factors to consider
D. Recommend the termination of the project since another project has a higher NPV
HINT: What tool or technique associated with the Plan Cost Management process might be helpful in this situation?
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PMP Exam Questions - The Complete Guide
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Practice makes perfect. If you were a baseball player, you don’t want to be up at the bat only to strike out. You may practice against a teammate to improve your swing, but ultimately, there is no real substitute for playing a real game. When you play a competitive sport, after all your hard work in preparing and training, you want to win. It is the same with the PMP. A PMP credential is an important one to advance in your career. On the day of the PMP exam,
when you are at the PMP exam center, you want to pass!
To ensure your success, you need to know the ins and outs of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and PMP exam content and take as many PMP practice exams as possible. In this article, I describe the most common types of PMP questions, provide you with sample PMP questions and give you links to where you can get more free PMP exam questions.
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PMI, the PMI Registered Education Provider logo, PMBOK, PMP, PgMP, PfMP, CAPM, PMI-SP,
PMI-RMP, PMI-ACP, and PMI-PBA are registered marks of the Project Management Institute, Inc.
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