PMP Exam Simulator

Duration

Questions

Accelerate Mock ExamDisplay correct answer

PMP exam lasts 230min and has 180 questions

Use acceleration to have extra 30m in reserve on exam

Cost Management

The project manager is currently managing a mobile application development. While working on the project budget, he also calculates the contingency reserve. This contingency reserve is the estimated cost to be determined, managed and controlled at the project manager's discretion to:

Address the cost impact of the risks remaining during the Plan Risk Responses process.

Handle anticipated events in the project.

Handle unanticipated events in the project.

Compensate inadequacies in original cost planning.