Free BCS ISEB-PM1 Exam Practice Questions & Explanations

Last updated on: Sep 28, 2026
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Question 1

The estimated cost to complete (ETC) is _____.

Answer Options
Correct Answer: B
Question 2

Which of the following is generally the MOST CORRECT use of a project network diagram?

Answer Options
Correct Answer: B
Question 3

What are the identified risks for doing excessive decomposition in a WBS?

Answer Options
Correct Answer: D
Question 4

Who has the cost risk in a fixed price (FP) contract?

Answer Options
Correct Answer: C
Question 5

EAC (estimate at complete) is typically based on actual cost (AC) for work completed plus an ETC (estimate to complete) the remaining work. Which of the following is a valid formula for calculating EAC?

Answer Options
Correct Answer: A