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10 Cost Management for PMP® and CAPM® Practice Exam Questions

Cost management includes estimate costs, determine budget and control costs. What tools can be used to manage a project’s cost? What is the formula for the cost performance index (CPI)? What are the inputs to the estimate costs process? Make sure you master these concepts and key points, because they can be very tricky in the real test.

This is a short practice exam on the “Cost Management” on the PMP and CAPM standard. The questions are based on the content of PMBOK® Guide the 4th Edition. You can always test your understanding of the concepts and review the key points with PM-ABC’s practice test series.

After taking the test, you can check your answers, which are listed immediately after the test, each with a full explanation. The explanations also provide clear references to the PMBOK ® Guide, allowing you to go back and review the concepts for the questions you didn’t get right.

If you find any difficult questions, or fail to get more than 7 out of 10 questions right, you probably need additional training before continuing on to another chapter.

For more simulated exam support, please go to “course” or “product” section on our website: HYPERLINK "http://www.pm-abc.com" http://www.pm-abc.com>