[Cornelius Fichtner]

The following PMP® exam sample question is taken from the Free PMP Exam Simulator:

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You are the project manager for a large telecommunications project in Kenya, which has an unstable economy. You cannot use common financial techniques to predict the future costs of materials but you are required to provide an estimate for each work package now so that the budget can be developed and approved. What technique you can rely on to help you in this situation?

A.) Expert Judgment
B.) Reserve Analysis
C.) Parametric Estimating
D.) Analogous Estimating

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Hint: You have not executed any projects in Kenya and you have no idea what future project costs may be.

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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-m...nt-prepcast.com