Introduction

Welcome
Thank you for selecting SSI Logic's PMP Exam Prep Questions, Answers,
and Explanations for your PMP study needs. The goal of this book is to
provide condensed mock exams and practice tests which allow you to
become comfortable with the pace, subject matter, and difficulty of the PMP
exam.

The content in this book is designed to optimize the time you spend studying
in multiple ways.
1. Practice exams in this book are condensed to be completed in one
hour; allowing you to balance your time between practice tests and
offline study.
2. Passing score requirements in this book are slightly higher than the
real exam; allowing you to naturally adjust to a higher test score
requirement.
3. Practice exams included in this book cover the entire scope of the PMP
exam, while shorter quizzes focus only on specific Knowledge Areas
outlined in the PMBOK Guide.

The practice exam content in this book is structured into two general types of
exam preparation:
"Lite" Mock Exams, which allow you to test your knowledge across
condensed versions of the PMP exam; designed to be completed
within one hour.
Knowledge Area Quizzes, which reflect brief practice tests focused on
specific Knowledge Areas outlined in the PMBOK Guide designed to
be completed in 15 minutes.

We wish you the best of luck in your pursuit to become a certified PMP.

PMP Exam Updates as of January 11, 2016

This book reflects the updated version of the PMP exam put into place
worldwide starting January 11th, 2016. While many refinements have been
applied to the material to be tested on, specific "tasks" have been added to
the Initiating, Planning, Executing, and Monitoring & Controlling
domains. Please note: The PMBOK Guide Fifth Edition is the
definitive reference text for the PMP certification exam.

To accommodate the updated exam content, this book has been revised
extensively so that exam updates are taken into account. All mock exams
have been revised to account for the new additional domain tasks. Further, an
additional focus on Project Stakeholder Management exists appropriately
throughout the baseline practice exams in this book.
PMP Exam Overview
The PMP practice questions in this book reflect the PMP exam version
updated January 11, 2016; and are based on the content contained within
the PMBOK Guide Fifth Edition.

About the Project Management Professional (PMP) Certification

The PMP certification is managed by the Project Management Institute
(PMI) and reflects the PMI's project management processes as published in
the PMBOK Guide. Since 1984, the PMP certification has become one of
the most sought after internationally recognized management credentials
available. The average salary of a PMP certified manager is 16% higher than
individuals without the PMP certification.

The PMP certification is a globally recognized credential, and individuals are

encouraged to remain active via PMI's Continuing Certification Requirements
(CCRs). Only individuals who maintain active PMP credentials may refer to
themselves as Project Management Professionals. Individuals do not need to
be a member of PMI to earn a PMP credential.
The minimum requirements in attaining the PMP certification:
Education: At a minimum, A high school diploma is required
Project management experience
o 36 months and 4500 hours of professional experience for
individuals with a Bachelor's degree or global equivalent (within
the past 8 years)
o 60 months and 7500 hours of professional experience for
individuals without a Bachelor's degree or equivalent (within the
past 8 years)
Project Management Education: 35 contact hours of formal education.
Ethics: Agree to PMI's Code of Ethics and Professional Conduct
Pass the PMP Exam

PMP Exam Details

The PMP exam is designed to objectively assess and measure project
management knowledge. Concepts covered in the PMP exam are directly
derived from the PMBOK Guide, an internationally recognized standard
(IEEE Std 1490-2003) which outlines project management fundamentals; and
is applicable to a wide range of industries.

The actual exam is offered in both a computer based testing (CBT)

environment, as well as through proctored paper-based exams. A summary of
the exam structure and passing requirements are as follows:
There are 200 total multiple choice questions which make up the PMP
exam
25 randomly placed pre-test questions" are included, and do not count
towards the pass/fail determination
Individuals have 4 hours to complete the exam
 Individuals must score 61% or higher to pass the exam (106 of 175
questions)

The Ten Knowledge Areas of the FIBOK Guide

The ten knowledge areas outlined in the PMBOK Guide and covered by the
PMP exam are listed below.
Project Integration Management
Project Scope Management
Project Time Management
Project Cost Management
Project Quality Management
Project Human Resource Management
Project Communications Management
Project Risk Management
Project Procurement Management
Project Stakeholder Management

Additionally, the PMP practice exam content in this book include questions on
the overall Project Management Framework and Professional Responsibility;
reflecting the real PMP exam.

The ten knowledge areas contain a total of 47 processes which are applied to
five basic process groups. These five basic process groups, or "domains", are
common across all projects and listed below along with the percentage of
questions one should expect on the PMP exam:
1. Initiating (13%)
2. Planning (24%)
3. Executing (31%)
4. Controlling and Monitoring (25%)
5. Closing (7%)
PMP Formula Cheat Sheet
PMP Formulas
Open table as spreadsheet

Keywords Formulas
SPI = EV/PV
A) EV = Earned Value
PV = Planned Value
[PMBOK Guide - Fourth Edition -
Page183]
< Project is behind
1 schedule
Schedule Performance
Index (SPI) =
B) Project is on schedule
1
> Project is ahead of
1 schedule
[PMBOK Guide - Fourth Edition -
Page183]
Open table as spreadsheet

CPI = EV/AC
A) EV = Earned Value
AC = Actual Cost
[PMBOK Guide - Fourth Edition -
Page183]
Cost Performance Index <1 Over budget
(CPI) B) =1 On budget
>1 Under budget
[PMBOK Guide - Fourth Edition -
Page183]
Open table as spreadsheet

SV = EV - PV
A) EV = Earned Value
PV = Planned Value
[PMBOK Guide - Fourth Edition -
Schedule Variance (SV) Page182]
Negative Behind schedule
B) Zero On schedule
Positive Ahead of
Keywords
Cost Variance (CV)
Estimate at Completion
(EAC)
Estimate to Complete (ETC)
when original estimates are
flawed
Estimate to Complete (ETC)
when variances are typical
Estimate to Complete (ETC)
when variances are atypical
Number of Communication
Channels
Expected Value (EV) or
PERT Estimation
Formulas
schedule
[PMBOK Guide - Fourth Edition -
Page182]
Open table as spreadsheet
CV = EV - AC
A) EV = Earned Value
AC = Actual Cost
[PMBOK Guide - Fourth Edition -
Page182]
Negative Over budget
B) Zero On budget
Positive Under budget
[PMBOK Guide - Fourth Edition -
Page182]
Open table as spreadsheet
EAC = (BAC/CPI)
BAC = Budget at completion
CPI = Cost performance index
[PMBOK Guide - Fourth Edition -
Page184]
ETC = (EAC - AC)
EAC = Estimate at completion AC =
Actual cost
[PMBOK Guide - Fourth Edition -
Page184, 185]
ETC = (BAC - EV)/CPI
BAC = Budget at completion
EV = Earned value
CPI = Cost performance index
[PMBOK Guide - Fourth Edition -
Page184, 185]
ETC = BAC - EV
BAC = Budget at completion
EV = Earned value
[PMBOK Guide - Fourth Edition -
Page184, 185]
N(N-1)/2
Where N = Number of project team
members
(O+4M+P)/6
O= Optimistic estimate
Keywords
To-Complete Performance
Index (TCPI) based on the
BAC
To-Complete Performance
Index (TCPI) based on the
EAC
Total Float (or) Total Slack
Standard Deviation of a
Task
Present Value (PV)
Net Present Value (NPV)
Internal Rate of Return
(IRR)
The Payback Period
The Life Cycle Cost
The Benefit to Cost Ratio
(BCR)
Critical Path
Rough Order of Magnitude
(ROM) Estimate
Variance
Formulas
M= Most Likely estimate
P= Pessimistic estimate
[PMBOK Guide - Fourth Edition -
Page253]
TCPI = (BAC - EV) / (BAC - AC)
BAC = Budget at completion
AC = Actual cost
EV = Earned value
[PMBOK Guide - Fourth Edition -
Page185]
TCPI = (BAC - EV) / (EAC - AC)
BAC = Budget at completion
AC = Actual cost
EV = Earned value
EAC = Estimate at completion
[PMBOK Guide - Fourth Edition -
Page185]
LS-ES (or) LF-EF
LS = Late start
ES = Early start
LF = Late finish
EF = Early finish
(P-O)/6
P = Pessimistic estimate
O = Optimistic estimate
PV = FV/ (1 + r/100)n
N = Number of years
r = Discount rate
The higher the better
The higher the better
The lower the better
The lower the better
The higher the better
Path with longest duration
Estimated value + or - 50% [PMBOK
Guide -Fourth Edition - Page 168]
(Standard Deviation) * (Standard
Deviation)
Additional Resources
Exam Taking Tips

PMP Exam Facts

There are 200 total multiple choice questions which make up the PMP
exam
25 randomly placed "pretest questions" are included, and do not count
towards the pass/fail determination
Students have 4 hours to complete the exam
Students must score 61% or higher to pass the exam (106 of 175
questions)
Students may bring blank "scratch" paper with which to draft
responses, such as for formula-based exam questions.

Before the Exam

Visit the exam location before your exam date so that you are familiar
with the address and commute time, especially if you are a nervous
test taker.
Be prepared to fully utilize your blank "scratch" paper in the exam. This
means that you have committed important formulas, concepts, and key
facts to memory; and you are able to apply them to a blank sheet of
paper in less than five minutes.
Alleviate exam stress and anxiety by taking practice exams that attune
you to the pace, subject matter, and difficulty of the real exam.
On the night before the exam, reduce your study time to one hour or
less and get extra sleep. The reduced study time and extra rest will
allow your brain to better process the information it has absorbed
during earlier, more intense, study sessions.

Taking the Exam

IMPORTANT: Bring your PMI authorization letter, as well as two forms
of ID, to the exam center.
At the beginning of the PMP exam, use your scratch paper to
"download" all of the formulas, concepts, and key facts you have
committed to memory. To save time, perform this activity immediately
after the initial computer tutorial which allots 15 minutes.
Approach each question from PMI's perspective, not your own
experience, even if the most correct response seems contrary to your
"on-the-job" knowledge.
Plan your breaks during the exam. A recommended break pattern
during the PMP exam is to stand up and stretch after every 50
questions.
Smile as you take the exam. It has been proven that smiling alleviates
stress and boosts confidence during exceptionally difficult tasks. Use
deep breathing techniques to further relax.
 If you have exam time remaining, review the questions you "marked for
review". Use all the exam time you have until each question has been
reviewed twice.

The PMP exam is a multiple choice test that asks one to recognize correct
answers among a set of four options. The extra options that are not the
correct answer are called the "distracters"; and their purpose, unsurprisingly,
is to distract the test taker from the actual correct answer among the bunch.

Students usually consider multiple choice exams as much easier than other
types of exams; this is not necessarily true with the PMP exam. Among these
reasons are:
Most multiple choice exams ask for simple, factual information; unlike
the PMP exam which often requires the student to apply knowledge
and make a best judgment.
The majority of multiple choice exams involve a large quantity of
different questions so even if you get a few incorrect, it's still okay.
The PMP exam covers a broad set of material, often times in greater
depth than other certification exams.

Regardless of whether or not multiple choice testing is more forgiving; in

reality, one must study immensely because of the sheer volume of information
that is covered.

Although four hours may seem like more than enough time for a multiple
choice exam, when faced with 200 questions, time management is one of the
most crucial factors in succeeding and doing well. You should always try and
answer all of the questions you are confident about first, and then go back
about to those items you are not sure about afterwards. Always
read carefullythrough the entire test as well, and do your best to not leave any
question blank upon submission even if you do not readily know the answer.

Many people do very well with reading through each question and not looking
at the options before trying to answer. This way, they can steer clear (usually)
of being fooled by one of the "distracter" options or get into a tug-of-war
between two choices that both have a good chance of being the actual
answer.

Never assume that "all of the above" or "none of the above" answers are the
actual choice. Many times they are, but in recent years they have been used
much more frequently as distracter options on standardized tests. Typically
this is done in an effort to get people to stop believing the myth that they are
always the correct answer.

You should be careful of negative answers as well. These answers contain

words such as "none", "not", "neither", and the like. Despite often times being
very confusing, if you read these types of questions and answers carefully,
then you should be able to piece together which is the correct answer. Just
take your time!
Never try to overanalyze a question, or try and think about how the test givers
are trying to lead astray potential test takers. Keep it simple and stay with
what you know.

If you ever narrow down a question to two possible answers, then try and slow
down your thinking and think about how the two different options/answers
differ. Look at the question again and try to apply how this difference between
the two potential answers relates to the question. If you are convinced there is
literally no difference between the two potential answers (you'll more than
likely be wrong in assuming this), then take another look at the answers that
you've already eliminated. Perhaps one of them is actually the correct one
and you'd made a previously unforeseen mistake.

On occasion, over-generalizations are used within response options to

mislead test takers. To help guard against this, always be wary of
responses/answers that use absolute words like "always", or "never". These
are less likely to actually be the answer than phrases like "probably" or
"usually" are. Funny or witty responses are also, most of the time, incorrect
so steer clear of those as much as possible.

Although you should always take each question individually, "none of the
above" answers are usually less likely to be the correct selection than "all of
the above" is. Keep this in mind with the understanding that it is not an
absolute rule, and should be analyzed on a case-by-case (or "question-by-
question") basis.

Looking for grammatical errors can also be a huge clue. If the stem ends with
an indefinite article such as "an" then you'll probably do well to look for an
answer that begins with a vowel instead of a consonant. Also, the longest
response is also oftentimes the correct one, since whoever wrote the question
item may have tended to load the answer with qualifying adjectives or phrases
in an effort to make it correct. Again though, always deal with these on a
question-by-question basis, because you could very easily be getting a
question where this does not apply.

Verbal associations are oftentimes critical because a response may repeat a

key word that was in the question. Always be on the alert for this. Playing the
old Sesame Street game "Which of these things is not like the other" is also a
very solid strategy, if a bit preschool. Sometimes many of a question's
distracters will be very similar to try to trick you into thinking that one choice is
related to the other. The answer very well could be completely unrelated
however, so stay alert.

Just because you have finished a practice test, be aware that you are not
done working. After you have graded your test with all of the necessary
corrections, review it and try to recognize what happened in the answers that
you got wrong. Did you simply not know the qualifying correct information?
Perhaps you were led astray by a solid distracter answer? Going back
through your corrected test will give you a leg up on your next one by
revealing your tendencies as to what you may be vulnerable with, in terms of
multiple choice tests.
It may be a lot of extra work, but in the long run, going through your corrected
multiple choice tests will work wonders for you in preparation for the real
exam. See if you perhaps misread the question or even missed it because
you were unprepared. Think of it like instant replays in professional sports.
You are going back and looking at what you did on the big stage in the past
so you can help fix and remedy any errors that could pose problems for you
on the real exam.