CPM
Free AIPMM Certified Product Manager Practice Test
12 exam-style questions with full explanations — no sign-up. Score yourself, then close your gaps with the full course.
Exam fee ~$3956 exam domainsLevel Intermediate2 timed practice tests in the course
✅ Free practice — no sign-up📝 Real exam-style questions💡 Detailed explanations💸 30-day money-back via Udemy
During sprint planning, a cross-functional Agile team needs someone to write detailed user stories, groom and prioritize the backlog, and be available daily to answer developers' questions about acceptance criteria. According to the ProdBOK, which role owns this day-to-day tactical work with the development team?
The ProdBOK defines the Product Owner as the tactical, execution-focused role that manages the backlog and works daily with the development team, translating the Product Manager's strategic vision into actionable stories.
A PM has 2 weeks and a $2,000 budget to validate whether SMB customers would pay for a proposed invoicing feature before committing engineering resources to build it. Which approach is BEST?
A small set of in-depth qualitative interviews is fast, low-cost, and well-suited to validating a specific problem and willingness-to-pay before committing build resources — the classic use case for qualitative primary research at this stage.
A product line has fixed costs of $500,000 per year, a variable cost of $40 per unit, and a selling price of $65 per unit. How many units must be sold to break even?
Break-even units = Fixed Costs / (Price - Variable Cost) = 500,000 / (65-40) = 500,000 / 25 = 20,000 units. This is the standard contribution-margin break-even formula the exam expects a PM to defend when justifying a business case.
A Market Requirements Document (MRD) states: 'Customers want a faster way to reconcile monthly expense reports.' The product manager must now translate this into the Product Requirements Document (PRD). Which PRD entry BEST reflects proper translation from market need to product specification?
It converts the market-level need into a specific, measurable, testable functional requirement with a defined behavior and acceptance threshold (90% match accuracy) — exactly what a PRD entry should contain, tracing directly back to the MRD statement.
A product manager must present a prioritized backlog to a skeptical executive team that keeps overriding decisions based on gut feeling. The features vary widely in market reach, potential impact on users, team confidence in impact estimates, and implementation effort. Which prioritization framework BEST supports a defensible, quantified argument in this scenario?
RICE produces a quantified score from reach, impact, confidence, and effort, giving the PM a data-driven, defensible rationale that is harder for executives to override with opinion alone.
A company is releasing a minor UI update to an existing product with no new functionality, no pricing change, and no impact on existing customer workflows. Sales has not requested any training, and the update carries negligible business risk. Which launch tier is MOST appropriate?
Launch tiers scale the level of GTM investment to business impact and risk. A low-impact, low-risk change with no customer-facing disruption fits a Tier 3 minimal launch: notify support and update release notes, but do not consume sales, marketing, or executive resources.
A team has validated initial market interest and is now building a detailed business case, a Market Requirements Document (MRD), and a preliminary roadmap to justify funding for full-scale development. Per the ProdBOK Seven-Phase Product Life Cycle, which phase is this team currently in?
The Plan phase is where the business case, MRD, and roadmap are formalized to secure funding and resources before development begins.
Which framework is specifically designed to evaluate industry structural forces such as the threat of new entrants, bargaining power of buyers and suppliers, and intensity of competitive rivalry?
Porter's Five Forces is the framework explicitly built to assess industry-level competitive structure, including rivalry, entrants, substitutes, and buyer/supplier power.
A company needs a specialized encryption capability that is not part of its core competency. Time to market is urgent, and a reputable vendor already offers a proven, mature solution that meets requirements. Which sourcing strategy BEST fits this situation?
When a capability is non-core, a proven solution already exists, and speed matters, 'buy' (licensing/partnering with an existing vendor) is the classic build/buy/partner decision outcome tested by AIPMM — it minimizes risk and time while conserving internal resources for core-competency work.
Which of the following is a correctly written NON-FUNCTIONAL requirement suitable for inclusion in a PRD?
It specifies a quality attribute (performance) with a measurable, testable threshold and defined conditions (95% of queries, under 2 seconds, 10,000 concurrent users) — the defining characteristic of a well-written non-functional requirement.
A release must ship by a hard regulatory deadline. It requires sequential work across legal review, engineering integration, and QA sign-off, with some tasks blocked until others complete. The PM needs to identify which sequence of dependent tasks determines the earliest possible completion date. What planning technique should the PM apply?
Critical path analysis identifies the longest chain of dependent tasks that determines the minimum project duration, which is exactly what's needed to manage a hard deadline with sequential, blocking dependencies.
A product manager is setting the price for a new analytics feature. Instead of starting from the engineering cost to build it, she interviews customers to quantify the time and money the feature will save them, then prices the feature as a percentage of that quantified benefit. Which pricing strategy is she using?
Value-based pricing sets price according to the quantified economic or perceived value the customer receives, not the internal cost to produce it or competitor prices. Anchoring price to customer-quantified savings is the defining characteristic of this approach.
Ready for the real thing?
The full course: two full-length practice tests, video lessons for every exam domain, hands-on labs and detailed explanations.
$109.99 $34.99 with code FREETEST33 — valid through September 7.
Get my $34.99 deal →CPM exam — quick answers
How much does the CPM exam cost?
The exam fee is approximately $395 and varies by region — confirm current pricing with the certification vendor before you book.
What topics are on the exam?
It covers 6 domains: Product Management Foundations and the ProdBOK Life Cycle (~15%), Market Research and Competitive Analysis (~18%), Product Strategy and Business Planning (~18%), Product Definition and Requirements (~17%), Roadmapping, Planning, and Cross-Functional Execution (~14%), Go-to-Market, Launch, and Pricing (~18%). The full course has a dedicated chapter, lab and practice-test coverage for each.
Is this practice test really free?
Yes — all questions on this page are free with explanations and no sign-up. The paid Udemy course adds two full-length timed exams, video lessons and hands-on labs.
How do I get the discount?
Use code FREETEST33 at checkout for $34.99 (list $109.99) through September 7 — the enroll button applies it automatically.
Will this prepare me for the real exam?
The questions mirror the real exam's style and are mapped to the official domains. This is exam-focused preparation — combine the free test with the full course's timed simulations to gauge your readiness.