PK0-005 Practice Exam 52 — 20 Questions

Question 1

During project planning, the project manager creates a network diagram. Activity A has a duration of 5 days, Activity B has a duration of 3 days, and Activity C has a duration of 4 days. Activities A and B can start immediately. Activity C can start only after Activity A is complete. Activity B has no dependency on others. What is the duration of the critical path?

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

Accepted Answer

9 days. The critical path is the longest path through the network. Path A-C: 5+4=9 days. Path B: 3 days. The critical path is A-C with 9 days.

Answer

7 days

Answer

8 days

Answer

12 days

Question 2

During project planning, the project manager is creating a risk register. Which THREE pieces of information are typically included in a risk register? (Select three.)

Accepted Answer

Risk description. Risk register includes risk description, probability and impact assessment, and response plan.

Answer

Actual cost of the project

Answer

Team member assignments

Question 3

A project is defined as a temporary endeavor undertaken to create a unique product, service, or result. Which of the following BEST describes a key characteristic of a project?

Accepted Answer

It has a defined start and end date.. A project is temporary, meaning it has a definite beginning and end, and it produces a unique outcome.

Answer

It produces the same result every time.

Answer

It is part of a larger program.

Answer

It is an ongoing operation with repetitive tasks.

Question 4

In which project management process group is the project charter formally approved, giving the project manager authority to allocate resources?

Accepted Answer

Initiating. The project charter is created and approved in the Initiating process group.

Answer

Planning

Answer

Executing

Answer

Monitoring and Controlling

Question 5

A project team is decomposing the project scope into work packages. Which of the following best describes the purpose of a Work Breakdown Structure (WBS)?

Accepted Answer

To provide a hierarchical representation of all work required to complete the project deliverables. The WBS is a hierarchical decomposition of the total scope of work to be carried out by the project team. It organizes and defines the total scope, with work packages at the lowest level representing deliverables that can be assigned, estimated, and managed.

Answer

To list all project risks and their responses

Answer

To identify the critical path of the project schedule

Answer

To define the communication channels among stakeholders

Question 6

A project manager needs to communicate project progress to stakeholders who have low power and high interest. Which of the following is the most appropriate communication method?

Accepted Answer

Regular email updates. Low power, high interest stakeholders should be kept informed, so regular email updates are appropriate.

Answer

Ad-hoc phone calls

Answer

Project dashboard posted on the wall

Answer

Formal presentation to executives

Question 7

Which project scheduling tool depicts activities as bars on a timeline, showing dependencies and milestones?

Accepted Answer

Gantt chart. A Gantt chart uses horizontal bars to represent tasks over time, with dependencies and milestones typically marked.

Answer

Burndown chart

Answer

Network diagram

Answer

Milestone chart

Question 8

A project manager identifies a risk with a probability of 30% and an impact of $50,000. What is the expected monetary value (EMV) of this risk?

Accepted Answer

$15,000. EMV = Probability × Impact = 0.30 × $50,000 = $15,000.

Answer

$150,000

Answer

$35,000

Answer

$50,000

Question 9

A project manager is creating a WBS. Which two best practices should be followed? (Select TWO)

Accepted Answer

Ensure each element is a deliverable. The WBS should be decomposed to work packages, and each element should represent a deliverable, not an activity.

Answer

Assign durations to elements

Answer

Include project activities

Answer

Include only high-level scope

Question 10

In a power/interest grid, stakeholders with high power and low interest should be managed with which approach?

Accepted Answer

Keep satisfied. Stakeholders with high power but low interest need to be kept satisfied to maintain their support without overwhelming them with information.

Answer

Keep informed

Answer

Monitor

Answer

Manage closely

Question 11

A project has three activities on the critical path. Activity A has a duration of 5 days, Activity B has a duration of 3 days, and Activity C has a duration of 4 days. What is the total float for any activity on the critical path?

Accepted Answer

0 days. Activities on the critical path have zero float by definition.

Answer

3 days

Answer

12 days

Answer

4 days

Question 12

During risk management, a team identifies a risk with a 20% probability of occurrence and a potential cost impact of $50,000. What is the Expected Monetary Value (EMV) of this risk?

Accepted Answer

$10,000. EMV = Probability × Impact = 0.20 × $50,000 = $10,000. EMV is used to quantify risks in monetary terms.

Answer

$50,000

Answer

$40,000

Answer

$20,000

Question 13

A project has earned value (EV) of $120,000, planned value (PV) of $100,000, and actual cost (AC) of $110,000. What is the cost performance index (CPI)?

Accepted Answer

1.09. CPI = EV / AC = $120,000 / $110,000 = 1.09.

Answer

0.91

Answer

1.10

Answer

1.20

Question 14

During project closing, which of the following is the primary purpose of the lessons learned document?

Accepted Answer

To provide information for future projects. Lessons learned capture knowledge and experience from the project to improve future projects. While they may inform the final report, their main value is for continuous improvement.

Answer

To document the project's financial performance

Answer

To formally accept the project deliverables

Answer

To release project resources

Question 15

Which of the following is a key input to the change control process when a change request is submitted?

Accepted Answer

Impact analysis. When a change request is submitted, an impact analysis is performed to evaluate the effects on scope, schedule, cost, and quality. This analysis is then presented to the Change Control Board for decision.

Answer

Final project report

Answer

Lessons learned

Answer

Performance measurement baseline

Question 16

A project manager is evaluating a risk with a probability of 30% and an impact of $50,000. What is the expected monetary value (EMV) of this risk?

Accepted Answer

$15,000. EMV = Probability × Impact = 0.30 × $50,000 = $15,000.

Answer

$150,000

Answer

$1,500

Answer

$50,000

Question 17

A project team is entering the Storming stage of Tuckman's model. Which TWO characteristics are typical of this stage?

Accepted Answer

Disagreements and competition among team members arise.. Storming is characterized by conflict, competition, and challenges to authority as team members express differing opinions.

Answer

Team members are polite and avoid conflict.

Answer

Team members work together efficiently and effectively.

Answer

Team members establish norms and ground rules.

Question 18

A project manager is assigning resources to activities. Activity X requires a specialized skill that is only available from a contractor. The project manager decides to hire the contractor. Which TWO documents are most likely to be used to define the work and terms for this contractor? (Select TWO).

Accepted Answer

Statement of Work (SOW). The SOW defines the work to be performed, and the contract defines the legal terms and conditions. The RFP is used to solicit bids, and the WBS is a planning tool, not a procurement document. The project charter authorizes the project.

Answer

Project charter

Answer

Work Breakdown Structure (WBS)

Answer

Request for Proposal (RFP)

Question 19

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. Newly identified risks are added to the risk register for assessment and response planning.

Answer

Issue log

Answer

Change request log

Answer

Lessons learned

Question 20

A project has an Earned Value (EV) of $50,000, Planned Value (PV) of $60,000, and Actual Cost (AC) of $55,000. Which TWO statements are true regarding the project's performance? (Choose two.)

Accepted Answer

The project is over budget.. SPI = EV/PV = 50/60 = 0.83 (<1, behind schedule). CPI = EV/AC = 50/55 = 0.91 (<1, over budget).

Answer

The project is ahead of schedule.

Answer

The project is under budget.