Hi All, The following PMP® exam sample question is taken from the Free PMP Exam Simulator (The answer is at the very bottom):
------------------------------ To calculate the total project cost, you use a technique that uses input values selected at random from probability distribution of possible cost. Which of the following options best describes this method? A) Automated Schedule Development B) Monte Carlo Analysis C) Schedule Risk Analysis D) e-Pert ------------------------------ Hint: This is a simulation technique. ------------------------------ All our questions are updated to the latest PMBOK® Guide standard. Stop by at <http://free.pm-exam-simulator.com>http://free.pm-exam-simulator.comand try the PMP Exam Simulator free for 3 days. We also offer 110 free questions at <http://www.free-pm-exam-questions.com.> http://www.free-pm-exam-questions.com. We are a PMI Registered Education Provider. Until Next Time, Cornelius Fichtner, PMP President, OSP International LLC Answer and Explanation: The Correct Answer is B. Monte Carlo analysis is a simulation technique. It uses computer models and estimates of risk usually expressed as a probability distribution of possible costs or durations at a detailed work level. -- You received this message because you are subscribed to the Google Groups "project managment" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/project-managment. For more options, visit https://groups.google.com/groups/opt_out.
