PK0-005 Practice Test 6 — 10 Questions

Question 1

During project closing, a project manager must complete several activities. Which TWO are appropriate for project closure?

Accepted Answer

Archive project documents. Project closure includes formal acceptance from the sponsor/customer and archiving project documents. Releasing resources and lessons learned are also closure activities, but the question asks for TWO from the options.

Answer

Create the project charter

Answer

Update the risk register

Answer

Develop the project schedule

Question 2

A project team is working on a software development project. The project manager needs to track which team members are assigned to each task. Which document provides this information?

Accepted Answer

Responsibility assignment matrix. The responsibility assignment matrix (RAM), often in the form of a RACI chart, explicitly maps each work package or task to the specific team members who are responsible, accountable, consulted, or informed. This directly answers the project manager's need to track which team members are assigned to each task in the software development project.

Answer

Project charter

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Communication plan

Answer

Resource calendar

Question 3

Which THREE tools are commonly used for measuring project performance against the baseline?

Accepted Answer

Trend analysis. Trend analysis is correct because it involves examining project performance data over time to identify patterns or deviations from the baseline. By comparing actual progress against planned metrics, trend analysis helps predict future performance and detect potential issues early, making it a key tool for performance measurement.

Answer

Expert judgment

Answer

Gantt chart

Question 4

A project manager is creating a communication plan. Which tool is BEST for tracking the status of project deliverables and their approval?

Accepted Answer

Gantt chart. A Gantt chart is the best tool among the options for tracking the status of project deliverables and their approval. It visually displays the schedule and progress of each deliverable, and can include milestones for approvals. While it does not show approval status explicitly, it is the most suitable for tracking deliverable completion and upcoming deadlines, which directly supports the communication plan. The Responsibility Assignment Matrix (RAM) defines roles and responsibilities but does not track status or approval.

Answer

Responsibility assignment matrix (RAM)

Answer

Risk matrix

Answer

Network diagram

Question 5

A project manager at a mid-sized software company is leading a project to develop a new mobile application. The project is in the execution phase, and the team is using an Agile methodology with two-week sprints. The project manager has been using a shared spreadsheet to track tasks, but team members frequently report that they are unsure of what tasks to work on next, and there is confusion about which tasks are blocked. Additionally, the project manager is spending several hours each day updating the spreadsheet and answering questions about task status. The company has a subscription to Jira, but the team has not been using it. The project manager wants to improve visibility and reduce administrative overhead. What should the project manager do first?

Accepted Answer

Migrate the task tracking to Jira and configure it to match the team's workflow.. Migrating to Jira is the correct first step because Jira is purpose-built for Agile project management, providing real-time visibility into task status, backlogs, and blockers without manual updates. The team already has a Jira subscription, so the project manager can leverage its built-in Scrum boards, issue tracking, and automated workflows to reduce administrative overhead and eliminate confusion about task assignments.

Answer

Assign a project coordinator to update the spreadsheet and answer questions.

Answer

Provide training on advanced Excel features to improve the spreadsheet's functionality.

Answer

Implement daily stand-up meetings to clarify task assignments.

Question 6

A project manager is reviewing the risk register and sees that a high-probability, high-impact risk has a response strategy of 'mitigate' with a planned action to purchase insurance. This is an example of which risk response strategy?

Accepted Answer

Transfer. Purchasing insurance transfers the financial risk of a loss to the insurance company, making this a clear example of the 'Transfer' risk response strategy. In the PMI framework, transfer shifts the impact of a threat to a third party, often through insurance or contracts, without eliminating the risk itself. The question explicitly states the response strategy is 'mitigate,' but the planned action of buying insurance is a transfer technique, which is the key distinction tested here.

Answer

Accept

Answer

Mitigate

Answer

Avoid

Question 7

A project manager is identifying stakeholders and documenting their interests and influence. In which project life cycle phase is this activity performed?

Accepted Answer

Initiating. Identifying stakeholders is a key activity in the Initiating phase, where the project is formally authorized and stakeholders are identified.

Answer

Executing

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Closing

Answer

Planning

Question 8

A vendor is hired to provide a service with a fixed price of $100,000, regardless of actual costs incurred. Which contract type is this?

Accepted Answer

Fixed-price. A fixed-price contract has a predetermined price that does not change based on the seller's cost performance.

Answer

Time and Materials (T&M)

Answer

Cost-reimbursable

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Cost-plus

Question 9

A project manager is reviewing the project's earned value data. The cost performance index (CPI) is 0.85, and the schedule performance index (SPI) is 1.05. What does this indicate about the project?

Accepted Answer

The project is over budget and ahead of schedule. The Cost Performance Index (CPI) of 0.85 indicates that for every dollar spent, only $0.85 of earned value is received, meaning the project is over budget. The Schedule Performance Index (SPI) of 1.05 indicates that the project is progressing at 105% of the planned rate, meaning it is ahead of schedule. Therefore, the project is over budget and ahead of schedule, making option D correct.

Answer

The project is under budget but behind schedule

Answer

The project is over budget but behind schedule

Answer

The project is under budget and ahead of schedule

Question 10

A project manager is assigned to a project in a strong matrix organizational structure. The project manager has significant authority over the project team, and team members report to both the project manager and their functional managers. Which of the following best describes the project manager's level of authority in this structure?

Accepted Answer

Moderate to high authority; shares some control with functional managers. In a strong matrix, the PM has high authority, often more than functional managers, and controls project resources.

Answer

Full authority; team members report only to the PM

Answer

Limited authority; functional managers control resources

Answer

No authority; the steering committee makes all decisions