PK0-005 Project Life Cycle Practice Test 10 — 15 Questions

Question 1

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

Accepted Answer

Mitigate. The proactive risk response strategies for negative risks are Avoid, Mitigate, and Transfer. Accept is a valid strategy for negative risks but is a passive response, not proactive. Exploit is a strategy for positive risks (opportunities).

Answer

Exploit

Answer

Accept

Question 2

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 3

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 4

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

Accepted Answer

To break down the project scope into smaller, manageable components. A WBS decomposes the project scope into manageable work packages, forming the basis for estimating, scheduling, and controlling work.

Answer

To identify project risks

Answer

To create the project schedule

Answer

To assign resources to tasks

Question 5

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

Accepted Answer

Closing. Closing includes formal acceptance, lessons learned, and archiving project documents.

Answer

Executing

Answer

Planning

Answer

Initiating

Question 6

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?

Accepted Answer

Analogous estimation. Analogous estimation uses historical data from similar projects, adjusted for differences.

Answer

Bottom-up estimation

Answer

Parametric estimation

Answer

Three-point estimation

Question 7

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

Accepted Answer

Finish-to-Start (FS). Finish-to-Start (FS) is the most common dependency where the successor cannot start until the predecessor finishes.

Answer

Finish-to-Finish (FF)

Answer

Start-to-Start (SS)

Answer

Start-to-Finish (SF)

Question 8

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 9

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?

Accepted Answer

Mitigate. Mitigation reduces the probability or impact of a risk. Cross-training reduces impact.

Answer

Accept

Answer

Avoid

Answer

Transfer

Question 10

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 11

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

Accepted Answer

Keep satisfied. High power, low interest stakeholders need to be kept satisfied to prevent them from using their power against the project.

Answer

Manage closely

Answer

Keep informed

Answer

Monitor

Question 12

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 13

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)?

Accepted Answer

$240,000. CPI = EV/AC = 100,000/120,000 = 0.833. EAC = BAC/CPI = 200,000/0.833 = 240,000.

Answer

$200,000

Answer

$220,000

Answer

$260,000

Question 14

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 15

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

Accepted Answer

The project is ahead of schedule.. CPI < 1 means over budget; SPI > 1 means ahead of schedule.

Answer

The project is on schedule.

Answer

The project is under budget.

Answer

The project is behind schedule.