Free PMP Exam Sample Question
The following PMP® exam sample question is taken from the Free PMP Exam Simulator:
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You have finished estimating costs for your project. What is your next activity to manage the costs?
A.) Develop Cost Performance Baseline
B.) Develop Work Performance Measurements
C.) Develop Budget Forecasts
D.) Plan Quality
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Hint: Determine Budget is the immediate process after the Estimate Costs process.
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ANSWER AND EXPLANATION:
The correct answer is A
Explanation: The immediate activity following estimation of costs is determining the budget. The output of the Determine Budget process is the development of a Cost Performance Baseline.
Reference: PMBOK® Guide 4th Edition, page 167