Free PMP Exam Sample Question of the Week

pmpodcast 13 views 5 slides Jun 11, 2024
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About This Presentation

Here is our free PMP exam sample question for this week.

*Stop by at free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days.


Slide Content

PMP EXAM
SAMPLE Q & A

A company is considering two projects, Alpha and Beta. Project Alpha is expected to result in a $50
million net profit, while project Beta and is expected to net $45 million. Both projects could be very
lucrative and rewarding. However, the financial controller has stated that the company can only
invest in one of these projects.
If project Alpha is selected, what will be the opportunity cost?
A. $95 million
B. $50 million
C. $45 million
D. $5 million
HINT: Opportunity cost is defined as the value of the alternative that is not chosen.
Question

The correct answer is C.
Opportunity cost is regarded as the value of the alternative that is not chosen. If the decision is
made to select project Alpha and forego the $45 million in potential profit from project Beta, the
opportunity cost of this decision is $45 million, the value of project Beta.

The topic of this question is not covered in the PMBOK® Guide. However, the Project Management
Professional (PMP)® Examination Content Outline (ECO) indicates that while there are some
commonalities between the PMBOK® Guide and the ECO, the exam is not bound by the PMBOK®
Guide. The list of enablers specified in the tasks of the ECO domains is not exhaustive either.
Answer

The ECO assumes that prospective PMP aspirants are familiar with other sources of
information/preparation, including but not limited to the PMI Code of Ethics and Professional
Conduct, PMI's Practice Standards (e.g., Scheduling, Earned Value Management, etc.), commonly
frowned upon project management practices, such as gold plating, and others.
We intentionally have these questions in our simulator so that you would be better prepared for
the real exam. PMP aspirants are encouraged to explore additional sources of information and/or
to be familiar with them from their project management experience.
Answer

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 trusted and experienced education provider.