PMP Exam Simulator

Duration

Questions

Accelerate Mock ExamDisplay correct answer

PMP exam lasts 230min and has 180 questions

Use acceleration to have extra 30m in reserve on exam

Cost Management

A project manager had prepared a project cost estimate and delivered it to the project sponsor at the meeting. Unfortunately, the sponsor was unsatisfied with the estimate. He expects the project manager to cut 20 percent from the project estimate. The best thing for the project manager to do is:

To give instructions to the team to cut 20 percent from their estimates.

To add additional cheaper resources.

To start the project and keep looking for cost savings.

To inform the sponsor of the activities to be cut.