PK0-005 Practice Test 49 — 15 Questions

Question 1

A project manager notices that the actual cost (AC) is $50,000, the earned value (EV) is $45,000, and the planned value (PV) is $55,000. Which statement is true regarding schedule and cost performance?

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

Accepted Answer

The project is behind schedule and over budget.. Schedule variance (SV) = EV - PV = $45,000 - $55,000 = -$10,000 (negative, behind schedule). Cost variance (CV) = EV - AC = $45,000 - $50,000 = -$5,000 (negative, over budget).

Answer

The project is ahead of schedule and over budget.

Answer

The project is behind schedule and under budget.

Answer

The project is ahead of schedule and under budget.

Question 2

A project manager is selecting a project management tool for a hybrid project that requires both a Gantt chart view for waterfall tasks and a Kanban board for agile tasks. Which TWO tools would best meet these requirements?

Accepted Answer

Jira. Jira (with add-ons) offers Gantt charts and Kanban boards. Monday.com also provides both views. Trello is primarily Kanban, Asana mainly task lists, Smartsheet is spreadsheet-based.

Answer

Smartsheet

Answer

Trello

Answer

Asana

Question 3

Which TWO documents are typically found in a project's procurement management plan?

Accepted Answer

Request for Proposal (RFP). Procurement documents include SOW (Statement of Work) and RFP (Request for Proposal). The project charter and WBS are not procurement-specific; the risk register is a risk document.

Answer

Risk register

Answer

Project charter

Answer

Work Breakdown Structure (WBS)

Question 4

A project to upgrade network switches. Which TWO factors should the project manager consider when selecting switches? (Choose two.)

Accepted Answer

PoE support. PoE (Power over Ethernet) support is critical when upgrading network switches because it allows the switch to deliver electrical power to connected devices—such as IP phones, wireless access points, and security cameras—over the same Ethernet cable used for data. Without PoE, each powered device would require a separate power source, increasing installation complexity and cost. The number of ports directly determines how many devices can be physically connected to the switch, making it a fundamental capacity requirement for any network upgrade.

Answer

Switch color

Answer

Warranty period

Answer

Brand name

Question 5

Refer to the exhibit. Based on the exhibit, what is the status of change C001?

Accepted Answer

Approved. The exhibit shows that change C001 has a status of 'Approved' in the change control workflow. In the PK0-005 context, the change management process typically progresses through Submitted, Approved, Implementation, and Closed stages. Since the status is explicitly listed as 'Approved', it indicates that the change request has been reviewed and authorized for implementation, making option B correct.

Answer

Implementation

Answer

Rejected

Answer

Submitted

Question 6

Which TWO of the following are typically included as phases in a project life cycle according to the Project Management Institute (PMI)?

Accepted Answer

Initiation. According to the Project Management Institute (PMI), the project life cycle consists of phases that guide a project from start to finish. Initiation is the first phase where the project is formally authorized and defined, making option B correct. Closure is the final phase where the project is formally completed and handed over, making option E correct.

Answer

Procurement

Answer

Testing

Answer

Maintenance

Question 7

A senior project manager is overseeing a large infrastructure upgrade project for a government agency. The project involves multiple vendors and strict compliance requirements. The project team has been using a shared network drive to store project documents, but team members often struggle to find the latest versions of documents, and there have been instances where outdated documents were used, leading to rework. The project manager needs to implement a solution that ensures document version control, access control, and audit trails. The agency has a limited budget and cannot afford expensive enterprise content management systems. What is the best course of action?

Accepted Answer

Implement a version control system such as Git for all project documents.. Git provides robust version control, access control via authentication and branch permissions, and a complete audit trail through commit history. Unlike a shared drive, Git prevents overwrites and ensures that only the latest approved versions are used, which directly addresses the rework caused by outdated documents. It is also free and open-source, fitting the limited budget.

Answer

Hire a document controller to manage the shared drive and enforce procedures.

Answer

Develop a strict file naming convention and train the team to use it.

Answer

Use a cloud storage service like OneDrive with shared folders and permissions.

Question 8

Which of the following documents formally authorizes the project and provides the project manager with the authority to apply organizational resources?

Accepted Answer

Project charter. The project charter is the formal document that authorizes the project's existence and provides the project manager with the authority to apply organizational resources to project activities. It is issued by the project sponsor or initiator and establishes a partnership between the performing and requesting organizations. Without a signed charter, the project manager lacks the official mandate to commit resources or make binding decisions.

Answer

Scope statement

Answer

Business case

Answer

Project plan

Question 9

A project manager is leading a team in a matrix organization. The project has high priority, but the team members report to their functional managers. What is the PRIMARY challenge for the project manager?

Accepted Answer

Limited authority over team members. In a matrix organization, team members report to both a project manager and their functional manager. The project manager has high project priority but lacks direct authority over team members, meaning they cannot unilaterally assign work, evaluate performance, or make personnel decisions. This limited authority is the primary challenge because the project manager must rely on negotiation and influence rather than command-and-control to secure resources and commitment.

Answer

Difficulty in communicating with stakeholders

Answer

Lack of project budget

Answer

Insufficient technical skills

Question 10

A steering committee is reviewing project performance. Which of the following is a key responsibility of the steering committee?

Accepted Answer

Approving changes to the project scope. The steering committee provides governance, approves major changes, and ensures alignment with business objectives.

Answer

Assigning daily tasks to team members

Answer

Developing the project schedule

Answer

Resolving technical issues

Question 11

During project selection, an organization evaluates multiple projects using financial methods. Which THREE of the following are commonly used financial project selection methods? (Select THREE).

Accepted Answer

Net Present Value (NPV). NPV, IRR, and payback period are standard financial selection methods.

Answer

Earned Value Management (EVM)

Answer

Resource leveling

Question 12

A project manager is leading a software development project in a matrix organization. The project manager shares resources with functional managers. In this type of organizational structure, which of the following BEST describes the project manager's authority?

Accepted Answer

Limited authority, sharing resources with functional managers. In a matrix structure, authority is shared between functional and project managers; the project manager typically has limited authority compared to a projectized organization.

Answer

No authority; the functional manager has all authority

Answer

Full authority over the project team

Answer

Authority only over project budget, not personnel

Question 13

Which of the following BEST defines a project?

Accepted Answer

A temporary endeavor with a defined scope, schedule, cost, and quality objectives.. A project is a temporary endeavor with a defined beginning and end, undertaken to create a unique product, service, or result. It is not ongoing operations (option B) or a program (option C), and while it has constraints, the definition is temporary and unique.

Answer

A set of ongoing, repetitive operations to sustain the business.

Answer

A collection of projects and programs aligned to strategic objectives.

Answer

A group of related projects managed in a coordinated way.

Question 14

A project manager is managing a project in a functional organization. Due to resource constraints, the functional manager often reassigns team members to other tasks. What is the MOST significant challenge the project manager will face?

Accepted Answer

Difficulty in obtaining resources and maintaining team focus. In a functional organization, the project manager has limited authority and resources are controlled by functional managers, leading to resource availability issues.

Answer

Lack of budget

Answer

Poor communication

Answer

High project costs

Question 15

Which of the following is a key responsibility of the project sponsor?

Accepted Answer

Providing resources and removing obstacles. The project sponsor provides resources, champions the project, and resolves escalations. The PM plans and executes; the team does tasks; the steering committee provides governance.

Answer

Performing quality assurance

Answer

Developing the project schedule

Answer

Executing project tasks