PK0-005 Practice Test 42 — 15 Questions

Question 1

A project team is analyzing potential risks. They gather experts who provide anonymous responses to a questionnaire, and then the facilitator shares a summary for further rounds of feedback. Which risk identification technique is being used?

Choose an answer to begin — your selection is scored in the full session.

Accepted Answer

Delphi technique. The Delphi technique uses anonymous expert feedback through multiple rounds to reach consensus.

Answer

Brainstorming

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SWOT analysis

Answer

Assumptions analysis

Question 2

A project has a mandatory dependency between two activities: the foundation must be poured before the walls can be erected. This dependency is based on the physical nature of the work and cannot be changed. What type of dependency is this?

Accepted Answer

Mandatory dependency. Mandatory dependencies, also known as hard logic, are inherent in the nature of the work and cannot be altered. Discretionary dependencies are best practices but can be changed. External dependencies involve factors outside the project. Resource constraints relate to limited availability.

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Discretionary dependency

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External dependency

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Resource constraint

Question 3

A project team is working in a matrix organization. The project manager needs to obtain resources from functional managers. Which challenge is the project manager MOST likely to face?

Accepted Answer

Conflict over resource allocation and priorities.. In a matrix organization, resources are shared between functional managers and project managers, leading to competing priorities. The project manager must negotiate with functional managers for resource time, which often results in conflict over allocation and scheduling. This is a core challenge because functional managers have their own departmental goals that may not align with project timelines.

Answer

Inability to align project goals with stakeholder expectations.

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Lack of communication between team members.

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Difficulty in securing project funding.

Question 4

During project execution, a team member identifies a potential risk that was not included in the risk register. The project manager logs it and begins the risk assessment process. Where should this risk be recorded?

Accepted Answer

Risk register. The risk register is the correct answer because it is the formal document where all identified risks, including newly discovered ones during execution, are recorded, assessed, and tracked. When a team member identifies a potential risk not previously documented, the project manager logs it in the risk register and then performs qualitative and quantitative risk analysis to determine its probability and impact. This ensures the risk is managed alongside all other project risks.

Answer

Issue log

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Change request log

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Lessons learned

Question 5

An organization is deploying a new storage area network (SAN). Which of the following is a key consideration for ensuring high performance?

Accepted Answer

Network latency. Network latency is a key consideration for SAN performance because SANs rely on low-latency, high-speed block-level storage protocols such as Fibre Channel (FC) or iSCSI. High latency can cause significant delays in I/O operations, directly impacting throughput and application responsiveness, especially in environments with synchronous replication or high transaction rates.

Answer

Cable color

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Storage capacity

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Number of users

Question 6

During project closing, which activity is performed to formally obtain acceptance of the project deliverables from the sponsor or customer?

Accepted Answer

Obtaining formal acceptance. Obtaining formal acceptance is the project closing activity in which the sponsor or customer formally signs off on the deliverables, confirming they meet requirements and bringing the project to an authorized close. This typically involves a formal acceptance document, sign-off, or completion certificate. It is the activity specifically tied to gaining stakeholder approval of deliverables.

Answer

Conducting lessons learned

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Archiving project documents

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Releasing resources

Question 7

During which phase of the project life cycle is the project charter created and stakeholders initially identified?

Accepted Answer

Initiating. The Initiating phase is where the project charter is authored and approved, and where stakeholders are first identified at a high level. The charter formally authorizes the project, names the project manager, and links the project to organizational strategy — all of which happen before detailed planning begins.

Answer

Closing

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Executing

Answer

Planning

Question 8

Which of the following is NOT a phase in the typical project life cycle?

Accepted Answer

Testing. Testing is a project management process/activity performed within the Executing and Monitoring & Controlling process groups, but it is not one of the five formal project life cycle phases (Initiating, Planning, Executing, Monitoring & Controlling, Closing). The question asks which is NOT a life cycle phase, and testing is the only option that is an activity rather than a phase.

Answer

Monitoring and controlling

Answer

Closing

Answer

Initiating

Question 9

A project has a cost performance index (CPI) of 0.8 and a schedule performance index (SPI) of 1.1. What does this indicate about the project's performance?

Accepted Answer

Over budget and ahead of schedule. CPI of 0.8 is below 1.0, meaning the project is spending more than the value earned — over budget. SPI of 1.1 is above 1.0, meaning more work has been completed than planned at this point — ahead of schedule. Combined, the project is over budget but ahead of schedule.

Answer

Over budget and behind schedule

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Under budget and ahead of schedule

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Under budget and behind schedule

Question 10

Which TWO documents are typically created during the project planning phase?

Accepted Answer

Risk register. The risk register is created during the project planning phase to identify, assess, and document potential risks that could impact the project. It includes risk descriptions, probability, impact, and response strategies, forming a key input for risk management throughout the project lifecycle.

Answer

Lessons learned

Answer

Project charter

Answer

Issue log

Question 11

A project manager calculates the cost variance (CV) as -$5,000 and the cost performance index (CPI) as 0.9. What does this indicate about the project?

Accepted Answer

The project is over budget. A negative cost variance (CV) of -$5,000 means the project has spent $5,000 more than the value of work performed, indicating a cost overrun. A cost performance index (CPI) of 0.9 confirms that for every dollar spent, only $0.90 of earned value is being received, which is a clear sign of being over budget. Therefore, the project is over budget, making option B correct.

Answer

The project is under budget and behind schedule

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The project is ahead of schedule

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The project is under budget

Question 12

A company is implementing a new HR system. The project manager wants to ensure that all requirements are gathered up front and the scope is fixed. Which project management methodology is MOST appropriate?

Accepted Answer

Predictive (waterfall). A predictive (waterfall) methodology is appropriate when requirements are well understood up front, scope is fixed, and changes are expected to be minimal — exactly the scenario described. Waterfall's sequential phases (requirements, design, build, test, deploy) and formal change control align with the project manager's goal of gathering all requirements up front and locking scope. This is the classic choice for stable, compliance-heavy, or contract-driven projects like HR system implementations with fixed deliverables.

Answer

Hybrid

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Kanban

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Agile

Question 13

A project manager is leading a project in an organization that uses a hybrid methodology. The team follows a predictive approach for requirements gathering and design, but uses iterative sprints for development. Which life cycle best describes this project?

Accepted Answer

Hybrid life cycle. A hybrid life cycle combines predictive and adaptive elements, using a predictive approach for some phases (e.g., requirements and design) and an iterative or agile approach for others (e.g., development sprints). The scenario explicitly describes predictive requirements gathering and design with iterative sprints for development, which is the definition of a hybrid life cycle. Therefore, hybrid is the correct answer.

Answer

Iterative life cycle

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Predictive life cycle

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Adaptive life cycle

Question 14

A project is in the planning phase and the team is determining the sequence of activities. Which project life cycle phase follows planning?

Accepted Answer

Executing. In the standard project life cycle (initiating, planning, executing, monitoring and controlling, closing), the phase that follows planning is executing, where the project work is performed to produce deliverables. Monitoring and controlling runs concurrently but is not the sequential next phase after planning.

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Closing

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Initiating

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Monitoring and controlling

Question 15

A project has a Net Present Value (NPV) of -$5,000. What does this indicate?

Accepted Answer

The project is not financially viable. A negative NPV means the project's costs exceed its benefits, indicating it is not financially viable.

Answer

The project will generate a profit of $5,000

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The project should be accepted because NPV is positive

Answer

The payback period is less than 5 years