PK0-005 Practice Exam 53 — 20 Questions

Question 1

In which Tuckman stage do team members begin to resolve their differences, establish norms, and develop closer relationships?

Accepted Answer

Norming. Norming is when the team starts to work together more cohesively and establish norms.

Answer

Storming

Answer

Performing

Answer

Forming

Question 2

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

Accepted Answer

Initiating. The project charter is created during the Initiating phase, which also includes stakeholder identification.

Answer

Closing

Answer

Executing

Answer

Planning

Question 3

In a precedence diagramming method (PDM) network, a successor activity cannot start until its predecessor activity has started. Which type of dependency does this represent?

Accepted Answer

Start-to-start (SS). Start-to-start (SS) means the successor cannot start until the predecessor has started.

Answer

Start-to-finish (SF)

Answer

Finish-to-finish (FF)

Answer

Finish-to-start (FS)

Question 4

A project manager is creating a document that formally authorizes the project and assigns the project manager. This document includes the business case, high-level scope, and budget constraints. What is this document called?

Accepted Answer

Project charter. The project charter is the document that formally authorizes a project and provides the project manager with the authority to apply organizational resources to project activities. It typically includes the business case, high-level scope, budget, schedule, assumptions, and constraints.

Answer

Project scope statement

Answer

Project management plan

Answer

Business case

Question 5

A project has a budget at completion (BAC) of $200,000. The earned value (EV) is $120,000, and the actual cost (AC) is $150,000. What is the estimate to complete (ETC) assuming the project will continue to perform at the same cost efficiency?

Accepted Answer

$100,000. CPI = EV/AC = 120k/150k = 0.8. ETC = (BAC - EV) / CPI = (200k - 120k) / 0.8 = 80k / 0.8 = $100,000.

Answer

$80,000

Answer

$150,000

Answer

$120,000

Question 6

Which document formally authorizes a project and provides the project manager with the authority to apply organizational resources?

Accepted Answer

Project charter. The project charter authorizes the project and assigns the project manager.

Answer

Project management plan

Answer

Project scope statement

Answer

Work breakdown structure

Question 7

During the planning phase, which three documents are typically created? (Select THREE.)

Accepted Answer

Risk register. The WBS, risk register, and schedule baseline are all created during planning.

Answer

Project charter

Answer

Lessons learned

Question 8

A project has a cost performance index (CPI) of 1.2 and a schedule performance index (SPI) of 0.9. Which of the following is true?

Accepted Answer

The project is under budget and behind schedule.. CPI > 1 means under budget; SPI < 1 means behind schedule.

Answer

The project is over budget and behind schedule.

Answer

The project is over budget and ahead of schedule.

Answer

The project is under budget and ahead of schedule.

Question 9

A project manager is monitoring project performance. Which TWO earned value metrics are used to assess cost efficiency?

Accepted Answer

Cost Variance (CV). Cost Performance Index (CPI) and Cost Variance (CV) are metrics that measure cost efficiency. CPI = EV/AC, CV = EV - AC.

Answer

Estimate at Completion (EAC)

Answer

Schedule Variance (SV)

Answer

Schedule Performance Index (SPI)

Question 10

A project is in the Executing phase. The project manager needs to ensure effective communication with stakeholders. Which THREE elements should be included in the communications management plan? (Select THREE.)

Accepted Answer

Method or technology for communication. The communications management plan includes stakeholder communication needs, frequency, and methods. Actual messages and storage are part of project communications but not the plan's core elements.

Answer

Storage and retrieval of communications

Answer

Actual status report content

Question 11

Which type of contract places the greatest cost risk on the seller?

Accepted Answer

Fixed-price contract. Fixed-price contract places cost risk on the seller because the price is fixed regardless of actual costs.

Answer

Cost plus incentive fee

Answer

Time and materials contract

Answer

Cost-reimbursable contract

Question 12

During project planning, the project team identifies several assumptions and constraints. Which document is the most appropriate place to record these items?

Accepted Answer

Project charter or project management plan. Assumptions and constraints are foundational elements that shape project planning and execution. The project charter formally authorizes the project and often captures high-level assumptions and constraints, while the project management plan details how the project will be executed, monitored, and controlled, including a more comprehensive list. Recording them in these documents ensures they are visible to all stakeholders and integrated into the project's baseline.

Answer

Issue log

Answer

Communication plan

Answer

Risk register

Question 13

During which project phase is the project charter created and the project manager formally assigned?

Accepted Answer

Initiating. The project charter is created during the Initiating phase, along with assigning the project manager and obtaining authorization.

Answer

Planning

Answer

Closing

Answer

Executing

Question 14

According to Tuckman's model, during which stage do team members begin to resolve conflicts and establish norms?

Accepted Answer

Norming. Norming is when team members start to resolve differences and agree on norms.

Answer

Performing

Answer

Storming

Answer

Forming

Question 15

Which contract type places the most cost risk on the seller?

Accepted Answer

Fixed-price. In a fixed-price contract, the seller bears the risk of cost overruns because the price is set regardless of actual costs.

Answer

Cost-reimbursable

Answer

Time and materials (T&M)

Answer

Cost-plus-fixed-fee

Question 16

During project execution, the project team is experiencing conflicts and questioning the project manager's authority. According to Tuckman's model, which stage is the team in?

Accepted Answer

Storming. Storming is characterized by conflict and questioning of authority.

Answer

Norming

Answer

Performing

Answer

Forming

Question 17

A project manager has identified a stakeholder with high power and high interest. According to the power/interest grid, how should this stakeholder be managed?

Accepted Answer

Manage closely. Stakeholders with high power and high interest should be managed closely as key players.

Answer

Monitor

Answer

Keep informed

Answer

Keep satisfied

Question 18

A project has the following activities and dependencies: A (5 days), B (3 days, after A), C (4 days, after A), D (2 days, after B), E (6 days, after C), F (1 day, after D and E). What is the total float of activity C?

Accepted Answer

0 days. The critical path is A-C-E-F: 5+4+6+1=16 days. The path A-B-D-F: 5+3+2+1=11 days. The float for C is the difference between early start and late start. Since C is on the critical path, its total float is 0.

Answer

1 day

Answer

2 days

Answer

5 days

Question 19

A project manager is developing a communication plan. Which of the following should be determined first?

Accepted Answer

The stakeholder communication needs. The first step in communication planning is to identify stakeholder communication needs, including what information they need, when, and how. This ensures that the plan addresses all requirements.

Answer

The communication methods to be used

Answer

The project's communication budget

Answer

The frequency of status reports

Question 20

Refer to the exhibit. What is the duration of the critical path?

Accepted Answer

12 days. The critical path is the longest path in the network diagram. In the exhibit, the three paths are A→B→D→E (11 days), A→C→D→E (10 days), and A→C→E→F (12 days). Since 12 days is the longest, it is the critical path. Therefore, the project duration is 12 days.

Answer

11 days

Answer

10 days

Answer

9 days