Numerical Problems for PMP
By Keshav Kumar
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About this ebook
Most of the PMP aspirants find numerical problems in PMP exam extremely difficult. This could be either because of aversion towards mathematics or lack of conceptual knowledge to decipher these numerical problems. It is very important for PMP aspirants to become comfortable with numerical problems because it could account for 15 to 20% of 200 questions. To be specific, PMP aspirants find numerical problems related to Time Management, Cost Management and Risk Management difficult to handle and rely only on formulas.
Keeping the importance of these mathematical problems for PMP Exam, these fifty questions have been created. The fifty questions in this book will test participant's conceptual knowledge of subject. Answers with detailed explanation is provided at the end. If participants are able to solve these problems, they would find problems in PMP Exam relatively easy. These fifty questions are relatively difficult compared to what actually participants would come across in exam. However, becoming comfortable with these relatively difficult problems would make participants more confident to handle mathematical problems in exam
Keshav Kumar
Keshav is a PMP®, PMI-ACP® and PMI- RMP® certified professional with more than Fourteen years of IT and Business Management experience. Currently, Keshav is Management consultant providing project management consulting and trainings. Prior to this, Keshav was working in HSBC as Lead(AVP) for large projects and programs.
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Numerical Problems for PMP - Keshav Kumar
Numerical Problems for PMP
By
Keshav Kumar, PMP, PMI-ACP, PMI-RMP
Copyright © 2014 by Keshav Kumar
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.
Table of Contents
Acknowledgments
Questions
Answers
PMP Formula
About Author
Dedicated to
My Wife Soumya
And
My Son Siddhant
Acknowledgment
This book is a result of constant inspiration from my wife Soumya, my son Siddhant and various feedback resulting from PMP aspirants across the globe. During the last five year as trainer, I have noticed that more than 80% of PMP aspirants do not like mathematics. The numerical problems related to project selection, Time Management, Cost Management, Risk Management and Procurement Management are dreaded subjects and most of the aspirants tend to memorize the formula without understanding the concepts behind the mathematics. Remembering the formula is necessary but more important is to have clear conceptual understanding.
Last but not the least, I would like to thank my parents and my in-laws for their blessings throughout my journey of creating the first e-book.
I would look forward to feedback from readers.
Thanks
Keshav Kumar
Numerical Problems for PMP
Instructions: The quiz contains 50 multiple choice questions (A, B, C, and D) with one correct answer. As per the PMP exam, aspirants are expected to do 200 questions in 4 hours, i.e. 240 minutes. This would mean doing one question every 1 minute and 12 seconds. Keeping in mind the complexity of questions here, I would suggest that allocated time for these 50 questions to be around 75 minutes.
Total questions: 50
Total time: 75 minutes
Passing score: 80%
1. Mike is a working as project manager and he has been asked by the project steering committee to do the Monte-Carlo