PK0-005 Project Life Cycle Practice Test 11 — 15 Questions

Question 1

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

Accepted Answer

Risk register. The WBS, risk register, and schedule baseline are all created during planning.

Answer

Project charter

Answer

Lessons learned

Question 2

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

Accepted Answer

Communication needs. Communication needs and preferred frequency are key inputs to the communication plan.

Answer

Vendor performance

Answer

Budget constraints

Answer

Risk tolerance

Question 3

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?

Accepted Answer

Project charter. The project charter is the document that formally authorizes a project and provides the project manager with the authority to apply organizational resources to project activities. It typically includes the business case, high-level scope, budget, schedule, assumptions, and constraints.

Answer

Project scope statement

Answer

Project management plan

Answer

Business case

Question 4

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 5

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?

Accepted Answer

0 days. This is a simple linear network: A (5) -> B (7) -> C (4). The critical path is A-B-C = 5+7+4=16 days. Activity B is on the critical path (no other paths), so its total float is zero. Total float for any activity on the critical path is zero.

Answer

5 days

Answer

7 days

Answer

4 days

Question 6

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?

Accepted Answer

Analogous estimation. Analogous estimation uses historical data from similar projects as a basis for the current project's cost estimate. It is a top-down technique often used when detailed project information is limited.

Answer

Parametric estimation

Answer

Three-point estimation

Answer

Bottom-up estimation

Question 7

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

Accepted Answer

The team focuses on achieving project goals.. In the Performing stage, the team is functioning effectively, with established trust and processes. Interdependence and focus on goals are key characteristics.

Answer

Team members are polite but unsure of their roles.

Answer

Team members resolve conflicts openly and constructively.

Answer

Team members are independent and rely on the project manager for guidance.

Question 8

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

Accepted Answer

High power, high interest. In the power/interest grid, the 'Manage Closely' strategy applies only to stakeholders with high power and high interest. Option C (High power, high interest) is correct. High power, low interest stakeholders (B) should be managed using the 'Keep Satisfied' strategy. Low power stakeholders (A, D, E) are managed with 'Keep Informed' or 'Monitor' strategies.

Answer

Medium power, medium interest

Answer

High power, low interest

Answer

Low power, low interest

Answer

Low power, high interest

Question 9

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 10

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 11

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 12

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 13

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?

Accepted Answer

It can be used for both cost and duration estimation.. Parametric estimation uses statistical relationships between historical data and other variables. It is a quantitative technique that can be very accurate if the parameters are reliable. It can be used in conjunction with other methods.

Answer

It is less accurate than analogous estimation.

Answer

It is a bottom-up technique.

Question 14

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?

Accepted Answer

Technical specifications of the equipment. An RFP includes a statement of work (SOW) describing the work, technical specifications, and evaluation criteria for selecting the vendor. Payment terms are part of the contract, not typically in RFP, and company financial data is not required.

Answer

Company's financial statements

Answer

Detailed payment terms and conditions

Question 15

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.