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

You are managing a project to build one indoor and one outdoor swimming pools for the fitness center. While reviewing the progress of the project, you find out that EV = $60,000 and AC = $64,000. Also you've just been informed that several filtration systems have been damaged and it will cause a considerable cost overrun. The first thing to do for the project manager is:

To make sure that the contingency reserves will be enough to cover the cost overrun.

To immediately contact the sponsor and inform him/her that additional funds will be required.

To evaluate the cause and size of the cost overrun.

To ask the supervisor to find out why the damage has happened.