PK0-005 Project Life Cycle Practice Test 2 — 15 Questions

Question 1

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

Accepted Answer

Disagreements and competition among team members arise.. Storming is characterized by conflict, competition, and challenges to authority as team members express differing opinions.

Answer

Team members are polite and avoid conflict.

Answer

Team members work together efficiently and effectively.

Answer

Team members establish norms and ground rules.

Question 2

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

Accepted Answer

Avoid. The main risk response strategies are Avoid, Transfer, Mitigate, and Accept. Enhance is for opportunities, not threats.

Answer

Ignore

Answer

Enhance

Question 3

During project closing, which TWO activities are typically performed?

Accepted Answer

Archive project documents. Project closing includes formal acceptance from the sponsor and archiving project documents. Releasing resources is also part of closing, but it's one of the two correct answers here.

Answer

Update the risk register

Answer

Create the project charter

Answer

Develop the WBS

Question 4

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

Accepted Answer

High-level budget and schedule. The project charter formally authorizes the project and includes the project purpose, objectives, high-level scope, budget, schedule, assumptions, constraints, and the authority of the project manager. The other options are developed later in the planning or executing phases.

Answer

Detailed risk response plan

Answer

Work Breakdown Structure

Answer

Communication management plan

Question 5

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?

Accepted Answer

9 days. The critical path is the longest path through the network. Path A-C: 5+4=9 days. Path B: 3 days. The critical path is A-C with 9 days.

Answer

7 days

Answer

8 days

Answer

12 days

Question 6

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?

Accepted Answer

The project is over budget and behind schedule.. SPI = EV/PV = 50,000/60,000 = 0.83, indicating behind schedule. CPI = EV/AC = 50,000/55,000 = 0.91, indicating over budget.

Answer

The project is over budget and ahead of schedule.

Answer

The project is under budget and ahead of schedule.

Answer

The project is under budget and behind schedule.

Question 7

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?

Accepted Answer

Storming. In the storming stage, team members may have differing opinions, leading to conflicts and power struggles as they assert themselves.

Answer

Performing

Answer

Forming

Answer

Norming

Question 8

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?

Accepted Answer

Avoid. Avoidance is the only strategy that completely eliminates the threat by changing the project plan to avoid the risk. Transfer shifts liability, mitigate reduces impact/probability, and acceptance acknowledges the risk without action.

Answer

Accept

Answer

Mitigate

Answer

Transfer

Question 9

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

Accepted Answer

Keep satisfied. Stakeholders with high power but low interest need to be kept satisfied to maintain their support without overwhelming them with information.

Answer

Keep informed

Answer

Monitor

Answer

Manage closely

Question 10

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?

Accepted Answer

Statement of Work (SOW). The SOW (Statement of Work) defines the deliverables, specifications, and performance criteria. It is the primary reference to verify compliance. The contract includes legal terms but the SOW details the technical requirements.

Answer

Procurement contract

Answer

Risk register

Answer

Project charter

Question 11

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?

Accepted Answer

Analogous estimation. Analogous estimation uses historical data from similar projects to estimate costs. It is quick and reliable when past projects are similar. Parametric uses statistical relationships, and bottom-up is detailed and time-consuming.

Answer

Bottom-up estimation

Answer

Parametric estimation

Answer

Three-point estimation

Question 12

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

Accepted Answer

To provide information for future projects. Lessons learned capture knowledge and experience from the project to improve future projects. While they may inform the final report, their main value is for continuous improvement.

Answer

To document the project's financial performance

Answer

To formally accept the project deliverables

Answer

To release project resources

Question 13

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?

Accepted Answer

$10,000. EMV = Probability × Impact = 20% × $50,000 = $10,000. This is a quantitative risk analysis technique.

Answer

$50,000

Answer

$40,000

Answer

$25,000

Question 14

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?

Accepted Answer

The project is under budget and behind schedule.. CPI > 1 means under budget; SPI < 1 means behind schedule.

Answer

The project is over budget and behind schedule.

Answer

The project is under budget and ahead of schedule.

Answer

The project is over budget and ahead of schedule.

Question 15

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

Accepted Answer

Impact analysis. When a change request is submitted, an impact analysis is performed to evaluate the effects on scope, schedule, cost, and quality. This analysis is then presented to the Change Control Board for decision.

Answer

Final project report

Answer

Lessons learned

Answer

Performance measurement baseline