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PMI PMP (PMP) Practice Tests & Test Prep by Exam Edge - Topics



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Understanding what is on the PMI PMP exam is crucial step in preparing for the exam. You will need to have an understanding of the testing domain (topics covered) to be sure you are studying the correct information.

  • Directs your study efforts toward the most relevant areas.
  • Ensures efficient and adequate preparation.
  • Helps identify strengths and weaknesses.
  • Allows for a focused approach to address gaps in understanding.
  • Aligns your preparation with the exam's expectations.
  • Increases the likelihood of success.
  • Keeps you informed about your field's current demands and standards.
There is no doubt that this is a strategic step in achieving certification and advancing your career.

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PMI Project Management Professional Exam Blueprint

Understanding the exact breakdown of the PMI Project Management Professional test will help you know what to expect and how to most effectively prepare. The PMI Project Management Professional has 200 multiple-choice questions The exam will be broken down into the sections below:

PMI Project Management Professional Exam Blueprint
Domain Name % Number of
Questions
Initiation 13% 26
Planning 24% 48
Executing 31% 62
Monitoring and Controlling 25% 50
Closing 7% 14

PMI Project Management Professional - Exam Topics Sample Questions

Which of the following does a cost benefit analysis do?

Correct Answer:
determines if a project is worth the price to complete. 


a cost-benefit analysis (cba) is a systematic approach used in decision-making to evaluate the strengths and weaknesses of alternatives in terms of their costs and benefits. this method is primarily used to determine if a project or investment is sound, by comparing the projected or estimated costs against the expected benefits. the core purpose of a cba is to facilitate efficient allocation of resources, ensuring that resources are directed toward projects with the maximum net benefit.

in a cost-benefit analysis, all the costs that a project will incur are identified and quantified. these costs include both direct costs (such as labor, materials, and equipment) and indirect costs (such as overhead and administrative expenses). in addition, any potential negative impacts, such as environmental damage or displacement of communities, are also considered as costs.

on the benefits side, the analysis seeks to identify and quantify all potential gains from the project. these could be tangible, like revenue from sales or productivity improvements, or intangible, such as improved social welfare, environmental conservation, or enhanced safety. the benefits are typically compared to the costs by creating a ratio or by calculating net present value (npv) or internal rate of return (irr).

the decision rule in cost-benefit analysis is straightforward: if the total benefits outweigh the total costs, the project is considered economically viable and worth pursuing. conversely, if the costs exceed the benefits, the project might be deemed not worthwhile. this decision-making tool is particularly useful for project managers (pms), stakeholders, and policymakers to determine the viability of a project before committing resources to it.

it’s important to note that cba does not involve paying out all involved in a project or recommending stock amounts to stakeholders. rather, it provides a robust framework for evaluating the economic feasibility of a project. this analysis helps in making informed decisions that reflect the best interests of the organization and its stakeholders, based on a thorough understanding of the project’s potential financial and non-financial returns.