PK0-005 Tools and Documentation — Timed 10 Questions

Question 1

A project has a budget at completion (BAC) of $200,000. The earned value (EV) is $90,000, and the actual cost (AC) is $100,000. What is the estimate at completion (EAC) if the project is expected to continue at the same cost performance?

10 minute time limit — choose an answer to begin.

Accepted Answer

$222,222. The estimate at completion (EAC) when the project continues at the same cost performance is calculated as EAC = BAC / CPI. First, CPI = EV / AC = $90,000 / $100,000 = 0.9. Then EAC = $200,000 / 0.9 = $222,222. This reflects that for every dollar spent, only 90 cents of value is earned, so the total cost will exceed the original budget.

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$210,000

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$200,000

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$190,000

Question 2

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

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 is issued by the project sponsor or initiating entity and is the definitive record of the project's approval. Without it, the project manager has no formal power to commit resources.

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Scope statement

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Project management plan

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Business case

Question 3

In an agile project using Jira, the team creates a board that visualizes the workflow with columns such as 'To Do', 'In Progress', and 'Done'. Which type of board is this?

Accepted Answer

Kanban board. A Kanban board is the agile visualization tool that displays work items as cards moving through workflow columns such as 'To Do', 'In Progress', and 'Done'. In Jira, Kanban boards are backed by a continuous flow model with WIP limits and no fixed iterations, which matches the column-based workflow described. The question's emphasis on visualizing workflow stages maps directly to Kanban's core purpose.

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Gantt chart

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Burndown chart

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Scrum board

Question 4

A project manager is analyzing quality issues and wants to use tools that help identify and prioritize problems. Which TWO tools are appropriate for this purpose? (Select TWO.)

Accepted Answer

Pareto chart. The Pareto chart (B) is correct because it combines a bar chart of defect frequencies with a cumulative-percentage line, applying the 80/20 principle to rank and prioritize the few problem categories that cause most of the quality issues. The cause-and-effect diagram (C), also called a fishbone or Ishikawa diagram, is correct because it systematically breaks a problem into categories of causes (people, methods, machines, materials, measurement, environment) to identify and organize root causes for prioritization. The histogram (A) only shows the frequency distribution of data and does not prioritize problems. The control chart (D) monitors process stability over time against control limits rather than ranking problems. The scatter diagram (E) reveals correlation between two variables but does not identify or prioritize problems.

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Histogram

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Control chart

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Scatter diagram

Question 5

A project manager is analyzing project performance using earned value management. Which THREE metrics are used to calculate the estimate at completion (EAC)?

Accepted Answer

Actual cost (AC). The estimate at completion (EAC) is a forecast of total project cost, and the most common formula is EAC = BAC / CPI, which requires the budget at completion (BAC) and the cost performance index (CPI); therefore options D and E are correct. The alternative formula EAC = AC + (BAC - EV) uses actual cost (AC) along with BAC and EV, so option A is also correct because AC is a required input for calculating EAC. Option B (EV) and option C (PV) are not among the three metrics explicitly listed as required in the standard EAC formulas referenced by this question, even though EV appears in some EAC variants and PV is used for schedule performance, not cost forecasting.

Answer

Earned value (EV)

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Planned value (PV)

Question 6

A project team is using Jira for an agile project. The product owner wants to see the total amount of work completed each sprint and the remaining work. Which two charts should the project manager use? (Choose two, but this is a multiple-choice single select for the best pair. Actually, this is a multiple-choice question asking for a single best tool.)

Accepted Answer

Burnup and burndown charts. A burnup chart shows completed work over time and total work; a burndown chart shows remaining work. Both together give a complete picture.

Answer

Cumulative flow diagram and histogram

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Gantt chart and milestone chart

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Velocity chart and control chart

Question 7

Which TWO documents should be included in the procurement management plan? (Select TWO).

Accepted Answer

Statement of Work (SOW). The Statement of Work (SOW) (B) belongs in the procurement management plan because it defines the deliverables, scope, and requirements the seller must meet, forming the basis for the contract and bids. The Contract (D) is also included since it is the legally binding agreement that formalizes the procurement, specifying terms, conditions, and obligations between buyer and seller. The risk register (A) is a separate project document used for tracking risks, not a procurement plan component. The communication plan (C) governs information distribution across the project and is not specific to procurement. The project charter (E) authorizes the project itself and precedes procurement planning, so it is not part of the procurement management plan.

Answer

Risk register

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Communication plan

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Project charter

Question 8

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

Accepted Answer

Project charter. The project charter is the document that formally authorizes the existence of a project and gives the project manager the authority to apply organizational resources to project activities. It is typically issued by the project sponsor or initiating entity and links the project to the organization's strategic objectives. Without a charter, the project manager lacks formal authority, making it the correct answer.

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Project management plan

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Stakeholder register

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Scope statement

Question 9

In a network diagram, the critical path is the longest path through the project. What does it determine?

Accepted Answer

The shortest possible project duration. The critical path is the longest sequence of dependent tasks through the project network, and its total duration determines the shortest possible time to complete the entire project. Any delay on a critical path task directly delays the project finish date, so it also identifies where schedule float is zero. This is a fundamental concept in the PMBOK and standard project scheduling.

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The project's budget

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The resource allocation

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The project's total float

Question 10

Which document contains the subsidiary plans for scope, schedule, cost, quality, resources, communication, risk, and procurement?

Accepted Answer

Project management plan. The project management plan is the document that describes how the project will be executed, monitored, and controlled. It integrates and consolidates all subsidiary plans, including those for scope, schedule, cost, quality, resources, communication, risk, and procurement. Therefore, it contains the subsidiary plans.

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Risk register

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Project charter

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Work breakdown structure