PMP® · PMI · Process · Bank updated 2026-07-03
PMP® practice questions: Process
5 free questions from 62 on this area · answer and explanation for each · no sign-up
These 5 questions come from the Process section of our PMP® bank (62 questions on this area, which carries 41% of the real exam). Every question is original, with the correct answer explained and linked to the source it is drawn from.
1/5 · Process
A project manager needs an early, rough cost estimate for a proposed initiative. Detailed requirements are not yet available, but the organization has completed several similar projects in the past with known costs. Which estimating technique is MOST appropriate at this stage?
ABottom-up estimating, aggregating detailed estimates for each work package identified in the WBS.
BParametric estimating, applying a statistical relationship between historical data and other variables to calculate cost.
CAnalogous estimating, using the cost of comparable historical projects, adjusted for known differences in scope or complexity.
DAccept a rough estimate generated by an AI cost-estimating tool without further adjustment, since it aggregates broad historical data automatically.
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2/5 · Process · easy
According to the PMBOK Guide, 7th Edition, which of the following best describes a 'value delivery component'?
AA portfolio, program, project, product, or operation that works together with others to enable value realization
BA single line item in the risk register describing risk to expected value
CA cost baseline used to measure earned value performance
DA stakeholder register that lists each stakeholder's expected value
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3/5 · Process · easy
Which of the following activities is MOST associated with proper project or phase closure, per the PMBOK Guide, 7th Edition?
ABeginning procurement negotiations for the organization's next project
BConducting a kickoff meeting to align the team on project objectives
CApproving new scope requested by a stakeholder during the closing process
DFormally transitioning the final product, service, or result to the customer or the receiving operations organization
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4/5 · Process · hard
While reviewing the project's cost baseline S-curve against the organization's approved funding schedule, the project manager notices that projected expenditures in Q3 will exceed the funding limit authorized for that period, even though total project funding across the whole project life is sufficient. What should the project manager do?
APerform funding limit reconciliation by resequencing or leveling planned work so that period-by-period spending stays within authorized funding limits, and update the schedule and cost baseline accordingly.
BTake no action, since total project funding is adequate over the life of the project.
CRequest that finance release the full remaining project budget for Q3 to match the planned expenditure curve.
DInstruct the team to informally slow spending in Q3 without changing the schedule, planning to make up the difference in Q4.
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5/5 · Process · hard
A risk owner responds to a high-priority threat of equipment failure by purchasing insurance to transfer the financial impact. After the response is implemented, the team continues tracking a small chance that the insurer disputes or delays the claim payout. How should the team classify this remaining exposure?
AA residual risk, because it is what remains of the original threat after the response has been applied
BA contingency reserve, because it accounts for the cost of unresolved threats
CA secondary risk, because the possibility of a claims dispute exists only as a direct result of choosing insurance as the response
DA workaround, because it is an unplanned reaction to an unidentified risk
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