PK0-005 Practice Exam 54 — 20 Questions

Question 1

A project manager receives a change request from a stakeholder. What is the first step the project manager should take?

Accepted Answer

Perform an impact analysis. The first step is to perform an impact analysis to assess the effects of the change before submission to the CCB.

Answer

Submit the change to the change control board

Answer

Implement the change immediately

Answer

Update the project baseline

Question 2

A project manager needs to communicate the project's progress to stakeholders with high power and low interest. According to the power/interest grid, which communication approach is most appropriate?

Accepted Answer

Keep satisfied with periodic high-level updates.. Stakeholders with high power and low interest should be kept satisfied. They need sufficient information to ensure satisfaction but not overwhelmed with details.

Answer

Manage closely with frequent detailed reports.

Answer

Keep informed with regular status reports.

Answer

Monitor with minimal communication.

Question 3

A project manager is calculating the cost performance index (CPI) for a project. The earned value (EV) is $50,000 and the actual cost (AC) is $60,000. What does the CPI indicate? (Select TWO correct statements.)

Accepted Answer

The project is over budget.. CPI = EV/AC = 50000/60000 = 0.83. A CPI less than 1 indicates the project is over budget. The project is spending more than planned for the work performed.

Answer

The project is under budget.

Answer

The project is getting $1.20 worth of work for every $1 spent.

Answer

The project is on schedule.

Question 4

A project has an EV of $40,000, PV of $50,000, and AC of $45,000. What is the cost performance index (CPI)?

Accepted Answer

0.89. CPI = EV/AC = $40,000/$45,000 = 0.89.

Answer

1.25

Answer

0.80

Answer

1.11

Question 5

A project manager is creating a project schedule. Which THREE items are typically included in a schedule baseline?

Accepted Answer

Approved start and end dates for activities. The schedule baseline includes the approved start and end dates, milestones, and activity dependencies. It is not updated with changes until approved.

Answer

Actual start and end dates

Answer

Resource assignments

Question 6

A project manager is estimating the cost of a new software development project. The project is similar to a previous project that cost $500,000. The PM adjusts for size and complexity and estimates the new project will cost $600,000. Which estimation technique is being used?

Accepted Answer

Analogous estimation. Analogous estimation uses historical data from similar projects to estimate current project costs, adjusting for differences.

Answer

Parametric estimation

Answer

Bottom-up estimation

Answer

Three-point estimation

Question 7

A project manager is calculating the critical path. The network diagram shows two paths: Path A: A(3 days) → B(4 days) → C(2 days) = 9 days; Path B: D(5 days) → E(1 day) → F(3 days) = 9 days. Both have total float of zero. What is the total float for an activity on Path A?

Accepted Answer

0 days. On a critical path, all activities have zero total float.

Answer

1 day

Answer

3 days

Answer

2 days

Question 8

A project has a critical path duration of 45 days. Activity X on the critical path has an optimistic duration of 5 days, a pessimistic duration of 13 days, and a most likely duration of 8 days. What is the expected duration of activity X using PERT?

Accepted Answer

8.33 days. PERT expected duration = (Optimistic + 4*Most Likely + Pessimistic) / 6 = (5 + 4*8 + 13)/6 = (5+32+13)/6 = 50/6 ≈ 8.33 days.

Answer

8.0 days

Answer

7.5 days

Answer

9.0 days

Question 9

What is the difference between a risk and an issue?

Accepted Answer

Risks are uncertain future events; issues are current problems. A risk is an uncertain future event; an issue is a current problem that has occurred.

Answer

There is no difference

Answer

Risks are always negative; issues can be positive

Answer

Issues are identified in risk register

Question 10

During project execution, a team member proposes a change that will affect the scope baseline. What is the first step the project manager should take?

Accepted Answer

Submit a change request. The first step in change control is to submit a change request, which then undergoes impact analysis.

Answer

Inform the change control board

Answer

Update the project management plan

Answer

Deny the change

Question 11

During project planning, the team creates a hierarchical decomposition of the total scope of work to be carried out by the project team. Each descending level represents an increasingly detailed definition of the project work. What is this called?

Accepted Answer

Work Breakdown Structure (WBS). The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team. It organizes and defines the total scope of the project, with each level providing more detail.

Answer

Network diagram

Answer

Project schedule

Answer

Risk register

Question 12

A project is in the execution phase, and a key team member reports that a required resource is not available due to a conflict with another project. Which project management concept should the PM use to resolve this?

Accepted Answer

Resource allocation and prioritization. Resource allocation and prioritization is the correct concept because when a resource conflict arises between projects, the project manager must assess the priority of the competing projects and allocate the resource to the higher-priority work. This involves coordinating with the resource manager and stakeholders to resolve the conflict based on organizational priorities, not just adjusting the schedule. It directly addresses the root cause—the resource is double-booked—by making a decision on which project gets the resource.

Answer

Resource smoothing

Answer

Resource leveling

Answer

Resource histogram

Question 13

A project has a budget at completion (BAC) of $200,000. After two months, the earned value (EV) is $80,000 and the actual cost (AC) is $90,000. The CPI is 0.89. Which THREE statements are correct regarding cost performance and forecasting?

Accepted Answer

The estimate at completion (EAC) is approximately $224,719.. CPI = EV/AC = 80/90 = 0.89. The project is over budget. EAC = BAC/CPI = 200,000/0.89 ≈ $224,719. VAC = BAC - EAC = 200,000 - 224,719 = -$24,719 (overrun).

Answer

The to-complete performance index (TCPI) based on BAC is 1.12.

Answer

The project is under budget.

Question 14

During project executing, the team is developing a communication plan. Which THREE factors should the project manager consider when determining the communication needs of stakeholders?

Accepted Answer

The method of communication (e.g., email, meetings). A communication plan considers stakeholder information needs, including their required information, preferred frequency, and method of communication. Organizational culture and project complexity are also relevant.

Answer

The project manager's preferred communication style

Answer

The number of project team members

Question 15

A project team is in the storming stage of Tuckman's model. Which behavior is most likely observed?

Accepted Answer

Team members question the project manager's authority and disagree on tasks.. In the storming stage, team members may challenge each other and the project manager, leading to conflicts as they establish roles.

Answer

Team members disengage as the project ends.

Answer

Team members are polite and avoid conflict.

Answer

Team members work collaboratively and efficiently.

Question 16

A project manager is in the process of formally authorizing a new project. Which document should be created during the initiation phase?

Accepted Answer

Project charter. The project charter formally authorizes the project and gives the project manager authority. Option B is incorrect because the scope statement is created during planning. Option C is incorrect because the WBS is developed in the planning phase. Option D is incorrect because the risk register is part of planning.

Answer

Project scope statement

Answer

Work breakdown structure (WBS)

Answer

Risk register

Question 17

A project is in the Monitoring and Controlling phase. A change request has been submitted to add a new feature. The change control board (CCB) has approved the change. Which THREE actions should the project manager take next?

Accepted Answer

Communicate the change to stakeholders. After approval, the project manager must update the relevant project baselines (e.g., scope, schedule, cost), implement the change, and then monitor its effect. Communication is also key, but updating baselines and implementing are primary.

Answer

Close the project

Answer

Reject the change because it was not in the original plan

Question 18

Which document contains all identified risks, their probability and impact, and planned response strategies?

Accepted Answer

Risk register. The risk register is the central repository for risk information throughout the project.

Answer

Change log

Answer

Issue log

Answer

Project charter

Question 19

Which TWO documents should be finalized during project closure?

Accepted Answer

Final project report. The final project report (B) is a key closure document that summarizes project performance, deliverables, and lessons learned, providing a formal record for stakeholders. Lessons learned (C) captures what went well and what could be improved, which is essential for organizational process improvement and future project planning.

Answer

Work breakdown structure

Answer

Project charter

Answer

Risk register

Question 20

A project manager is estimating the cost of a new software development project. They use historical data from a similar project to derive the cost per function point and multiply it by the expected number of function points. Which estimation technique is being used?

Accepted Answer

Parametric estimation. Parametric estimation uses a statistical relationship between historical data and other variables (e.g., cost per function point) to calculate an estimate. In this scenario, the project manager derives a cost per function point from a similar project and multiplies it by the expected number of function points. This is a classic example of parametric estimation because it applies a unit rate to a quantity.

Answer

Bottom-up estimation

Answer

Three-point estimation

Answer

Analogous estimation