Free PMP Exam Sample Question
The following PMP® exam sample question is taken from the Free PMP Exam Simulator:
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Estimating costs demands expert skills. Which of the following is most important to document when estimating costs?
A.) Documentation of all assumptions made.
B.) Documentation of any known constraints.
C.) Indication of the range of possible estimates.
D.) Documentation of the basis of the estimate.
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Hint: All of the choices are examples of the supporting details you must attach to each cost estimate. But which one is the most important?
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Please click here for the correct answer and explanation.
Until next time,
Cornelius Fichtner, PMP
President, OSP International LLC - http://www.project-management-prepcast.com
justbob80
Tue, 09/25/2012 - 12:59
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Nice Question
My Answer is - C. Kindly let me know if the answer is correct. I have also seen a similar simulated question paper in the below website. I hope you will find it useful. Completely free complimentary test: http://www.pmstudy.com/enroll.asp#PMP
sspawar
Tue, 09/25/2012 - 16:47
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Without consult of PMBOK -
Without consult of PMBOK - option C seems a right choice, but when we refer PMBOK , we shall have to turn for D.
I also rank it as a high qualitty Knowledge base question.
anand_kl
Wed, 09/26/2012 - 07:34
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My answer is..
Dear pmppodcast,
My answer is D. PMBOK persay "Basis for estimates" may contain all the other 3 in answers.
Regards,
Anand KL, PMP
amber
Mon, 10/22/2012 - 13:11
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Agree D
I too agree, the answer is D, as it is very important to document basis on what you have estimated the cost.