PK0-005 Project Management Concepts Practice Question
A project manager is reviewing the project selection methods for a new initiative. Which TWO of the following are financial project selection methods? (Choose two.)
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Net Present Value (NPV)
Net Present Value (NPV) and Internal Rate of Return (IRR) are financial methods used to evaluate project profitability.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
SWOT analysis
Why it's wrong here
SWOT is a strategic analysis tool, not a financial selection method.
- ✗
Expert judgment
Why it's wrong here
Expert judgment is a technique, not a financial method.
- ✓
Net Present Value (NPV)
Why this is correct
NPV is a financial method.
- ✓
Internal Rate of Return (IRR)
Why this is correct
IRR is a financial method.
- ✗
Requirements gathering
Why it's wrong here
Requirements gathering is part of planning.
Go deeper
Related to this question
About these practice questions
This PK0-005 question is part of Courseiva's 980-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This PK0-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PK0-005 exam.