PK0-005 Practice Test 9 — 10 Questions

Question 1

A project manager notices that actual costs are significantly higher than planned for the first two months of a six-month project. The project is critical to the organization, and the sponsor is concerned about the budget. What is the BEST course of action for the project manager?

Accepted Answer

Conduct a variance analysis, identify the root cause, and present corrective options to the sponsor.. Option C is correct because the project manager must first understand why costs are overrunning before taking action. Conducting a variance analysis and root cause analysis (e.g., using earned value management metrics like CV and CPI) provides data-driven insights. Presenting corrective options to the sponsor aligns with the PMI's principle of proactive communication and evidence-based decision-making, which is critical for a project of high organizational importance.

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Delay reporting the overrun until the next status meeting to gather more data.

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Request additional budget from the sponsor to cover the overrun.

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Reduce project scope to bring costs back in line with the original budget.

Question 2

During the closing phase of a project, which TWO activities should be performed?

Accepted Answer

Archive project documents and lessons learned.. Archiving project documents and lessons learned (Option A) is a key closing-phase activity because it preserves project knowledge for future reference and organizational process assets. Formal acceptance of deliverables from stakeholders (Option C) ensures that all project outputs have been reviewed and approved, formally closing the project scope. Both activities are explicitly part of the closing process group in the CompTIA PK0-005 exam objectives.

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Update the risk register with new risks identified during execution.

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Create the project charter.

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Develop a work breakdown structure.

Question 3

A project manager is assigned to a new project. The sponsor provides a high-level scope and asks for a cost estimate. Which estimation technique should the project manager use at this early stage?

Accepted Answer

Analogous estimating. At the early stage of a project when only a high-level scope is available, analogous estimating is the most appropriate technique. It uses historical data from similar past projects to produce a rough order-of-magnitude (ROM) estimate quickly, without requiring detailed breakdowns. This aligns with the PMBOK guide's recommendation for early, top-down estimates when information is limited.

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Three-point estimating

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Parametric estimating

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Bottom-up estimating

Question 4

A project team is using an Agile approach. During the sprint review, the product owner decides to reprioritize the backlog, moving a high-effort story to the next sprint. What is the primary benefit of this flexibility?

Accepted Answer

It maximizes the value delivered to the customer.. In Agile, the sprint review is an opportunity for the product owner to inspect the product increment and adapt the backlog based on feedback. Reprioritizing a high-effort story to the next sprint allows the team to focus on higher-value work in the current sprint, directly aligning with the Agile principle of maximizing customer value through iterative delivery.

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It reduces the workload for the development team.

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It allows the team to finish the current sprint earlier.

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It ensures the project stays on schedule.

Question 5

A project sponsor proposes increasing the project budget to add a new feature requested by a key stakeholder. What should the project manager do first?

Accepted Answer

Submit a change request to the change control board.. The project manager must first submit a formal change request to the change control board (CCB) because adding a new feature after the budget has been approved constitutes a change to the project scope, schedule, and cost. This follows the formal change control process defined in the project management plan, ensuring that all changes are evaluated for impact, approved, and documented before implementation. Without CCB approval, updating the plan or proceeding with the feature would violate the project’s baseline and governance procedures.

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Update the project plan to include the new feature.

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Inform the stakeholder that the feature cannot be added.

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Ask the sponsor to fund the feature separately.

Question 6

Which tool shows the hierarchical breakdown of work to be performed by the project team?

Accepted Answer

Work Breakdown Structure (WBS). The Work Breakdown Structure (WBS) is the correct tool because it provides 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 deliverables and work packages, making it the definitive tool for breaking down work into manageable components.

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Gantt chart

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RACI matrix

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Network diagram

Question 7

A project manager needs to determine the critical path of a project. Which statement about the critical path is true?

Accepted Answer

It has the longest duration and zero float.. The critical path is the longest path through the project network diagram, determining the shortest possible project duration. It has zero float (or total slack), meaning any delay on a critical path activity directly delays the project. Option B correctly captures both the longest duration and zero float characteristics.

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It has the shortest duration in the network.

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There is always exactly one critical path.

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It cannot change during the project.

Question 8

A project manager is creating a document that identifies all project stakeholders and their influence, interest, and impact on the project. Which document is being created?

Accepted Answer

Stakeholder register. The stakeholder register is the document that captures all stakeholders along with their influence, interest, and impact on the project. This register serves as the foundational input for stakeholder analysis and engagement planning, directly matching the description in the question.

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Project scope statement

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Communication plan

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Risk register

Question 9

A project manager is reviewing the project budget and notices that the actual cost is significantly higher than planned. The project manager wants to identify which specific work packages are causing the overrun. Which report or tool should be used?

Accepted Answer

Variance analysis report. A variance analysis report compares planned (budgeted) costs against actual costs at the work package level, enabling the project manager to pinpoint specific packages causing the cost overrun. This report directly supports the control costs process by calculating cost variance (CV = EV - AC) and schedule variance (SV = EV - PV) for each work package, isolating the source of the overrun.

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Status report

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Pareto chart

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Earned value report

Question 10

Which THREE documents are part of the project procurement management process?

Accepted Answer

Request for proposal (RFP). The Request for Proposal (RFP) is a key document in the project procurement management process, as it formally solicits bids from vendors for goods or services. It defines the project requirements and evaluation criteria, enabling a structured procurement process. The RFP is created after the procurement management plan and is essential for vendor selection.

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Risk register

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Project charter