Cornelius Fichtner help you with your PMP Exam Prep (https://www.project-management-prepcast.com) as well as earn free PDUs (www.pm-podcast.com/pdu). Passing the PMP Exam is tough, but keeping your PMP Certification alive is just as challenging. Preparing for the exam requires an in-depth study of the PMBOK Guide and dedicated study discipline. And once you are PMP certified, then you are required to earn 60 Professional Development Units (PDUs) every 3 years to keep your certification alive. Let me help you make this journey easier with tips and tricks on how to prepare for and pass the exam as well as efficiently earning your PDUs once you are certified.
Recent Posts
Episode 549: How to Bring Clarity to Chaotic Projects
Episode 548: From Project Delivery to Value: How Project Managers Create Real Business Impact
Episode 546: The Real Reason Project Requirements Keep Changing
Episode 544: The Four Pillars of Project Success
Episode 543: Catch Project Trouble Early and Protect Your Delivery
Categories
AGILE,
Agile,
Agile,
Agile Projects,
Annual Plan and Portfolio,
Artificial Intelligence,
Audit,
Best PMP Exam Simulators,
Business Analysis,
Business Analysis,
Business Analysis Practitioner,
Business Management,
CAPM,
Career Development,
CCRS,
Change Management,
Communication Management,
Communications Management,
Earning PDUs,
Education,
Emotional Intelligence Tools,
Entrepreneur,
Free PDUs,
Interpersonal Skills,
Knowledge Areas,
Knowledge Management,
Leadership,
Lessons Learned,
Lessons Learned Management,
Management,
meeting management,
Millennial Project Managers,
Multiple Projects,
NASA,
Opportunity Cost,
PDU,
PDU Podcast,
PDUs,
PDUs: Business Acumen,
PDUs: Not Applicable,
PDUs: Power Skills,
PDUs: Ways of Working,
PgMP®,
Planning,
PM Exam Simulator,
PM Formulas,
PM Podcast,
PM PrepCast,
PMBOK,
PMBOk 8,
PMBOK Guide,
PMBOK® Guide,
PMI,
PMI Agile Certified Practitioner (PMI-ACP)® Exam,
PMI Audit,
PMI Educational Foundation,
PMI Global Congress,
PMI Talent Triangle,
PMI Talent Triangle/PDUs: Not Acceptable,
PMI-ACP,
PMI-ACP Certified,
PMI-ACP Eligibility,
PMI-ACP Exam,
PMI-ACP Exam Formulas,
PMI-ACP Exam Prep,
PMI-ACP®,
PMO,
PMO,
PMO,
PMP,
pmp,
PMP Audit,
PMP Cerficiation,
PMP Certification,
PMP ebook,
PMP Exam,
PMP exam coach,
PMP Exam Overview,
PMP Exam Prep,
PMP exam prep material,
PMP Exam Prep Video,
PMP exam sample question,
PMP Exam Tip,
PMP Lessons Learned,
PMP Mock Exam Free,
PMP Mock Exam Online,
PMP Re-certification,
PMP sample question,
PMP Study Materials,
PMP training,
PMP®,
podcast,
Portfolio Management,
Positive Leadership,
Power Skills,
Process Groups,
Professional Development Units,
project,
Project Assumptions,
Project Business,
Project Business Management,
Project Integration Management,
Project Leadership,
Project Management,
Project Management Basics,
Project Management Institute,
Project Management Methodology,
Project Management Podcast,
Project Management Principles,
Project management professional,
Project Management Skills,
Project Management Trends,
project manager,
Project Manager Skills,
Project Manager Soft Skills,
Project Managers,
Project Metrics,
Project Planning,
Project Schedule,
Project Sponsorship,
Project Success,
RAM,
RBS,
Resource Breakdown Structure,
Responsibilities,
Responsibility Assignment Matrix,
Risk Management,
Risky Projects,
Roles,
sample PMP exam,
Situational Project Management,
soft skills,
Strategy implementation,
study,
Study Techniques,
Study Tips,
Teams,
Technical Project Management,
The Agile PrepCast,
Virtual Communication,
Work-Life Balance
Date
The following PMP® exam sample question is taken from http://www.free-pm-exam-questions.com - The answer is at the bottom:
On Friday March 25, 2011 we will be launching a new PMP Exam Simulator at http://www.pm-exam-simulator.com. Sign up to our launch newsletter and you will receive a 20% discount
PMBOK Section: Estimate Costs
Process Group: Planning Process Group
Question Type: Calculation
Knowledge Area: Cost Management
Difficulty Level: Hard
Question: You are managing an amusement park development project. You have received the following estimates for site excavation and area development activity that is critical to the success of your project. The most likely estimate is $100,000, the optimistic estimate is $90,000, and the pessimistic estimate is $120,000. What is the variance of this data?
A. 25000000
B. 5000
C. 30000
D. 105000
Hint:
Calculate the standard deviation using the PERT method and then calculate variance from it.
All our free questions are updated to the latest PMBOK® Guide standard. Stop by at http://www.free-pm-exam-questions.com to receive the questions via email. We are a PMI Registered Education Provider.
Explanation:
Standard deviation can be calculated as (Pessimistic - Optimistic) / 6. Variance can be calculated by squaring the standard deviation. For the given data, the variance is $25,000,000 and the standard deviation is $5,000. Hence choice A is the correct answer. Reference: PMP Study Guide 5ed - Sybex - pg:170
Posted on: February 21, 2011 08:34 AM |
Permalink
