PK0-005 Project Life Cycle — All Questions With Answers

Question 1easymultiple choice

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During which project phase is the project charter typically created and approved?

Question 2mediummultiple choice

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A project manager is developing a network diagram and needs to represent an activity that can start only after its predecessor has finished. Which dependency type does this describe?

Question 3mediummultiple choice

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A project manager is using the power/interest grid to classify stakeholders. Which group should be managed most closely because they have high power and high interest?

Question 4hardmultiple choice

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A project has an Earned Value (EV) of $50,000, Actual Cost (AC) of $60,000, and Planned Value (PV) of $55,000. What is the Cost Performance Index (CPI), and what does it indicate?

Question 5easymultiple choice

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Which risk response strategy involves taking action to reduce the probability or impact of a risk?

Question 6mediummultiple choice

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A project manager is estimating the cost of a new software development project. She uses the actual cost of a similar past project and adjusts for differences in size and complexity. Which estimation technique is she using?

Question 7mediummultiple choice

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During which stage of Tuckman's team development model do team members begin to resolve conflicts and establish norms?

Question 8hardmultiple choice

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A project manager is calculating the Expected Monetary Value (EMV) for a risk event. The probability of the risk occurring is 20%, and the impact if it occurs is $50,000. What is the EMV?

Question 9easymultiple choice

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Which document formally authorizes the project and assigns the project manager?

Question 10mediummultiple choice

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A project manager is creating a Work Breakdown Structure (WBS). Which technique is used to break down deliverables into smaller, manageable components?

Question 11hardmultiple choice

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In a project, the critical path has a duration of 100 days. Activity X on the critical path has a duration of 10 days and can be crashed to 7 days at an additional cost of $3,000. What is the crash cost per day for Activity X?

Question 12mediummultiple choice

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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?

Question 13mediummulti select

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

Question 14hardmulti select

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A project manager is planning risk responses for identified risks. Which THREE are valid risk response strategies?

Question 15easymulti select

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During project closing, which TWO activities are typically performed?

Question 16easymultiple choice

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A project manager is developing the project charter. Which of the following should be included as a key element of the project charter?

Question 17mediummultiple choice

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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?

Question 18hardmultiple choice

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A project is in the monitoring and controlling phase. The project manager is reviewing the earned value metrics: EV = $50,000, PV = $60,000, AC = $55,000. Which of the following statements is correct?

Question 19mediummultiple choice

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A project team is experiencing conflicts and power struggles among members. According to Tuckman's stages of group development, which stage is the team likely in?

Question 20mediummultiple choice

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A project manager is evaluating risk responses. For a risk with high probability and high impact, which risk response strategy is most appropriate to eliminate the threat?

Question 21easymultiple choice

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

Question 22hardmultiple choice

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During the executing phase, a vendor delivers a product that does not meet the specifications outlined in the SOW. Which document should the project manager reference first to address this issue?

Question 23mediummultiple choice

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A project manager is estimating costs for a new software development project. The company has completed three similar projects in the past. Which cost estimation technique is most appropriate in this scenario?

Question 24mediummultiple choice

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

Question 25easymultiple choice

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A project manager has identified a risk that could cause a $50,000 loss with a 20% probability. What is the Expected Monetary Value (EMV) of this risk?

Question 26hardmultiple choice

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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?

Question 27mediummultiple choice

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

Question 28hardmulti select

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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).

Question 29hardmulti select

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During project execution, the project manager notices that the team is struggling with communication, and key stakeholders are not receiving timely updates. Which THREE documents should the project manager review to improve the situation? (Select THREE).

Question 30mediummulti select

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A project manager is closing a project. Which THREE activities are part of the project closure process? (Select THREE).

Question 31easymultiple choice

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During which project phase is the project charter created?

Question 32mediummultiple choice

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A project manager is analyzing stakeholders and categorizes a key executive who has high power and high interest. According to the power/interest grid, how should the project manager engage this stakeholder?

Question 33hardmultiple choice

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In a network diagram, Activity A has a duration of 5 days, Activity B has 3 days, and Activity C has 4 days. Activity A and B can start simultaneously, but Activity C cannot start until both A and B are complete. What is the critical path duration?

Question 34easymultiple choice

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Which cost estimation technique uses historical data from similar projects to estimate the current project?

Question 35mediummultiple choice

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

Question 36hardmultiple choice

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A project has earned value (EV) of $50,000, planned value (PV) of $60,000, and actual cost (AC) of $55,000. What is the cost performance index (CPI)?

Question 37mediummultiple choice

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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?

Question 38easymultiple choice

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Which document is used to formally accept the project deliverables and signify project closure?

Question 39mediummultiple choice

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A change request is submitted to add a new feature to a project. What is the first step the project manager should take?

Question 40mediummultiple choice

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

Question 41hardmultiple choice

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A project has a budget at completion (BAC) of $200,000, earned value (EV) of $120,000, and actual cost (AC) of $130,000. What is the estimate at completion (EAC) if the cost performance is expected to continue?

Question 42easymultiple choice

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Which of the following is an example of a risk response strategy to avoid a risk?

Question 43mediummulti select

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A project manager is developing a communication plan. Which two elements should be included in the plan? (Select TWO)

Question 44hardmulti select

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During project closure, which three activities should be performed? (Select THREE)

Question 45mediummulti select

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

Question 46easymultiple choice

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A project manager is leading a cross-functional team that is working together for the first time. The team members are polite but hesitant to share ideas. According to Tuckman's stages of group development, which stage is the team currently in?

Question 47mediummultiple choice

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During project planning, a project manager is decomposing the project scope into smaller components. Which document is being created, and what is the lowest level of decomposition called?

Question 48hardmultiple choice

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A project manager is reviewing the project schedule. Activity A has an early start (ES) of day 1 and an early finish (EF) of day 5. Activity B has an ES of day 6 and an EF of day 10. Activity C depends on both A and B. What is the total float of Activity B if the project must be completed by day 12?

Question 49mediummultiple choice

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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?

Question 50easymultiple choice

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A project manager identifies a key stakeholder who has high interest in the project but low power to influence decisions. In the power/interest grid, where should this stakeholder be placed?

Question 51mediummultiple choice

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During project execution, a team member proposes a change that will add a new feature to the product. The project manager documents the change request and analyzes its impact on scope, schedule, and cost. Who is typically responsible for approving or rejecting the change?

Question 52hardmultiple choice

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A project has a cost performance index (CPI) of 1.2 and a schedule performance index (SPI) of 0.8. What does this indicate about the project?

Question 53mediummultiple choice

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

Question 54easymultiple choice

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A project manager is preparing a procurement document that asks vendors to provide a price for a specific product. Which type of document is this?

Question 55mediummultiple choice

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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?

Question 56hardmultiple choice

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A project has a budget at completion (BAC) of $200,000. The actual cost (AC) is $80,000, earned value (EV) is $60,000, and planned value (PV) is $90,000. What is the estimate at completion (EAC) if the project will continue to perform at the same cost efficiency?

Question 57mediummultiple choice

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Which of the following is the primary purpose of a feasibility study during the initiating phase?

Question 58mediummulti select

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A project manager is conducting a lessons learned session at the end of a project. Which TWO activities are typically performed during project closure? (Select two.)

Question 59hardmulti select

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A project manager is analyzing the network diagram and identifies that Activity X has a late start (LS) of day 10 and an early start (ES) of day 8. Which TWO statements are true about Activity X? (Select two.)

Question 60mediummulti select

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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.)

Question 61mediummultiple choice

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A project manager is developing the project charter. Which of the following should be included as a key element in the charter to define the project's boundaries?

Question 62easymultiple choice

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In the stakeholder power/interest grid, stakeholders with high power and low interest should be managed using which strategy?

Question 63hardmultiple choice

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During the planning phase, a project manager is creating the WBS. Which of the following best describes the process of breaking down deliverables into smaller, more manageable components?

Question 64mediummultiple choice

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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?

Question 65easymultiple choice

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Which cost estimation technique uses historical data from similar projects to estimate the cost of the current project?

Question 66hardmultiple choice

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A project manager identifies a risk that could cause a $50,000 loss with a 20% probability. What is the expected monetary value (EMV) of this risk?

Question 67mediummultiple choice

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During the executing phase, a project manager observes that team members are starting to collaborate and share ideas openly. According to Tuckman's stages of team development, which stage is the team likely in?

Question 68mediummultiple choice

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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?

Question 69hardmultiple choice

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A project manager is reviewing the procurement process. Which document is used to invite vendors to submit a proposal for a project?

Question 70easymultiple choice

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In a fixed-price contract, which party bears the risk of cost overruns?

Question 71mediummultiple choice

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During project execution, a stakeholder requests a change to the project scope. What is the first step the project manager should take?

Question 72hardmultiple choice

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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)?

Question 73mediummulti select

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A project manager is closing a project. Which TWO activities should be performed during project closure? (Select two.)

Question 74hardmulti select

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A project manager is performing quantitative risk analysis. Which THREE of the following techniques are commonly used? (Select three.)

Question 75easymulti select

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Which TWO of the following are outputs of the monitoring and controlling process group? (Select two.)

Question 76easymultiple choice

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During the initiating phase of a project, a project charter is created. Which of the following is typically included in a project charter?

Question 77mediummultiple choice

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A project manager is identifying stakeholders and analyzing their influence on the project. Using a power/interest grid, which group should the project manager 'manage closely'?

Question 78hardmultiple choice

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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)?

Question 79mediummultiple choice

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In a network diagram using PDM, activity B can start only after activity A has finished. Which dependency type does this represent?

Question 80hardmultiple choice

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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?

Question 81mediummultiple choice

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A project manager is estimating the cost of a new software development project. Since the project is similar to a previous one, the manager uses the cost of the previous project as a basis, adjusting for known differences. Which cost estimation technique is being used?

Question 82mediummultiple choice

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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?

Question 83easymultiple choice

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A project team is in the storming stage of Tuckman's model. Which of the following behaviors is most likely to be observed?

Question 84mediummultiple choice

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

Question 85hardmultiple choice

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During project execution, a vendor is hired to provide specialized services. The contract is structured so that the vendor is paid for all allowable costs plus a fixed fee. Which type of contract is this?

Question 86easymultiple choice

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A project manager receives a status report showing that the project's SPI is 0.9. What does this indicate?

Question 87mediummultiple choice

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A change request to add a new feature has been submitted. After impact analysis, the change control board (CCB) approves the change. What should the project manager do next?

Question 88mediummulti select

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A project manager is closing a project. Which TWO activities are typically performed during the closing phase?

Question 89hardmulti select

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During the planning phase, a project team is selecting risk response strategies for identified risks. Which THREE are valid risk response strategies?

Question 90mediummulti select

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

Question 91easymultiple choice

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

Question 92mediummultiple choice

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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?

Question 93hardmultiple choice

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In a network diagram, Activity B has a duration of 5 days. Its predecessor is Activity A (duration 3 days) with a finish-to-start relationship. Activity C (duration 4 days) has a start-to-start relationship with Activity B with a 2-day lag. What is the earliest day Activity C can start?

Question 94mediummultiple choice

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

Question 95easymultiple choice

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

Question 96mediummultiple choice

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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?

Question 97hardmultiple choice

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A project has an Earned Value (EV) of $50,000, Planned Value (PV) of $60,000, and Actual Cost (AC) of $55,000. What is the cost performance index (CPI) and what does it indicate?

Question 98mediummultiple choice

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A change request to add a new feature is submitted. The project manager performs an impact analysis and presents it to the Change Control Board (CCB). The CCB approves the change. What is the next step?

Question 99easymultiple choice

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

Question 100hardmultiple choice

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A project has three activities on the critical path: A (5 days), B (10 days), C (5 days). Activity D (8 days) has a total float of 3 days. If activity B is delayed by 2 days, what is the new project duration?

Question 101mediummultiple choice

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A project manager is decomposing the project scope into smaller components. Which output is produced?

Question 102mediummultiple choice

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During project closing, which activity is performed to formally obtain acceptance of the project deliverables from the sponsor or customer?

Question 103mediummulti select

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A project manager is identifying response strategies for a risk that could impact the project schedule. Which TWO options are risk response strategies? (Select TWO.)

Question 104hardmulti select

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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.)

Question 105mediummulti select

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A project has a cost performance index (CPI) of 0.8 and a schedule performance index (SPI) of 1.2. Which TWO conclusions can be drawn? (Select TWO.)

Question 106easymultiple choice

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A project manager is in the process of developing the project charter. Which of the following would be included in the project charter?

Question 107mediummultiple choice

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During project planning, the project manager decomposes the project scope into smaller, more manageable components. What is the resulting document called?

Question 108mediummultiple choice

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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?

Question 109hardmultiple choice

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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?

Question 110easymultiple choice

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Which of the following is a common response strategy for negative risks (threats) that involves reducing the probability or impact of the risk?

Question 111mediummultiple choice

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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?

Question 112hardmultiple choice

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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?

Question 113mediummultiple choice

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A project manager is estimating costs for a new project using a top-down approach based on historical data from a similar project. Which estimation technique is being used?

Question 114mediummultiple choice

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In earned value management, the project has an EV of $50,000, PV of $60,000, and AC of $55,000. What is the cost variance (CV)?

Question 115easymultiple choice

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

Question 116hardmultiple choice

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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?

Question 117mediummultiple choice

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

Question 118easymulti select

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Which TWO documents are typically created during the project initiating phase?

Question 119mediummulti select

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During project closing, which THREE activities should be performed?

Question 120hardmulti select

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A project manager is evaluating the cost performance of a project. Which TWO earned value metrics should be used to determine if the project is over budget?

Question 121easymultiple choice

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

Question 122mediummultiple choice

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A project manager is developing a network diagram for a software rollout. Activity D (3 days) can start only after Activity C (2 days) finishes, and Activity E (4 days) can start when Activity C starts. Activities D and E must both finish before Activity F (1 day) begins. What type of dependency exists between Activity C and Activity E?

Question 123hardmultiple choice

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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.)

Question 124mediummultiple choice

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A project manager is assigning stakeholders to quadrants on a power/interest grid. Which stakeholders require the most active management?

Question 125easymultiple choice

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

Question 126mediummultiple choice

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A project team is estimating costs for a new software development project. They use data from a similar previous project and adjust for size differences. Which estimating technique is being used?

Question 127hardmultiple choice

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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?

Question 128mediummultiple choice

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A project manager is using a risk probability and impact matrix. A risk has a probability of 0.3 and an impact of $50,000. What is the expected monetary value (EMV) of this risk?

Question 129easymultiple choice

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

Question 130mediummultiple choice

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A project team is in the process of obtaining seller responses, evaluating proposals, and awarding a contract. Which procurement document is used to formally request a proposal from potential sellers?

Question 131hardmultiple choice

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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?

Question 132mediummultiple choice

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During project closing, which activity involves obtaining formal acceptance from the customer or sponsor that deliverables meet requirements?

Question 133mediummulti select

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A project manager is analyzing the critical path of a network diagram. Which TWO statements about the critical path are true?

Question 134mediummulti select

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A project manager is updating the risk register and plans to respond to a high-priority risk. Which THREE are valid risk response strategies?

Question 135easymulti select

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

Question 136easymultiple choice

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

Question 137easymultiple choice

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What is the primary purpose of a Work Breakdown Structure (WBS) in project planning?

Question 138easymultiple choice

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Which project management process group involves obtaining formal acceptance of the project deliverables and archiving project documents?

Question 139mediummultiple choice

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A project manager is estimating the cost of a software development project. Using data from a similar past project, she adjusts for size and complexity. Which estimation technique is she using?

Question 140mediummultiple choice

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In a network diagram, if Activity B cannot start until Activity A is complete, what type of dependency is this?

Question 141mediummultiple choice

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

Question 142mediummultiple choice

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A project manager identifies a risk that a key team member might leave during the project. To reduce the impact, she cross-trains other team members. Which risk response strategy is being applied?

Question 143mediummultiple choice

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

Question 144mediummultiple choice

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A project manager uses a power/interest grid to categorize stakeholders. Stakeholders with high power and low interest should be managed using which approach?

Question 145hardmultiple choice

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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?

Question 146hardmultiple choice

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A project has a budget at completion (BAC) of $200,000. The earned value (EV) is $100,000, actual cost (AC) is $120,000, and planned value (PV) is $90,000. What is the estimate at completion (EAC) if the project will continue to perform at the current cost performance index (CPI)?

Question 147hardmultiple choice

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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?

Question 148mediummulti select

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A project has a CPI of 0.9 and an SPI of 1.1. Which two statements are true? (Select TWO.)

Question 149mediummulti select

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

Question 150hardmulti select

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A project manager is developing a communication plan. Which two factors should be considered for each stakeholder? (Select TWO.)

Question 151easymultiple choice

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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?

Question 152mediummultiple choice

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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?

Question 153hardmultiple choice

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A project has three activities: Activity A (5 days), Activity B (7 days), Activity C (4 days). Activity B depends on A. Activity C depends on B. What is the total float for Activity B?

Question 154mediummultiple choice

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A project manager is estimating the cost of a software development project. She uses the actual cost of a similar past project and adjusts it for known differences in size and complexity. Which cost estimation technique is she using?

Question 155easymulti select

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A project team is in the Performing stage of Tuckman's model. Which TWO behaviors are characteristic of this stage?

Question 156mediummulti select

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A project manager is identifying stakeholders for a new product launch. She uses a power/interest grid to categorize stakeholders. For which TWO quadrants should the project manager apply the strategy of 'Manage Closely'?

Question 157mediummulti select

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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?

Question 158hardmulti select

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A project manager is reviewing the risk register and notices a risk with a high probability (0.7) and high impact ($50,000). The team decides to purchase insurance to cover the potential loss. Which TWO risk response strategies are being applied?

Question 159mediummulti select

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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.)

Question 160hardmulti select

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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?

Question 161easymulti select

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

Question 162mediummulti select

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A project manager is estimating activity durations for a construction project. She uses a parametric estimate based on 100 square meters per day. If the total area is 500 square meters, the estimated duration is 5 days. Which THREE statements are true about parametric estimation?

Question 163hardmulti select

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A project manager is analyzing the network diagram for a project. The critical path is A-B-C, with durations 3, 4, 2 days respectively. Activity D (2 days) has a finish-to-start relationship with A and a start-to-start relationship with B. Which TWO statements are correct about the schedule?

Question 164mediummulti select

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A project manager is preparing a request for proposal (RFP) for a vendor to provide specialized equipment. Which THREE items should be included in the RFP?

Question 165hardmulti select

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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?