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PK0-005 Practice Question: A small consulting firm is considering taking on…
A small consulting firm is considering taking on a new project to develop a custom software application for a client. The firm has limited resources, and the owner, who is also the project manager, must decide whether to accept the project. The client has offered a fixed price of $50,000 with a six-month deadline. The firm estimates that the project will require 800 hours of work from a senior developer and a junior developer. The senior developer is currently assigned to another project that will last another four months, while the junior developer is available full-time. The owner has a decent cash reserve but is concerned about overextending the team. What should the owner do FIRST?
⚠ Common exam trap
The trap here is that candidates often jump to a solution (like hiring or negotiating) without recognizing that the PMBOK and PK0-005 emphasize performing a feasibility study or resource assessment as the first step in the initiating process, not after deciding to proceed.
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
✓
Conduct a feasibility study to assess resource availability and risks.
The first step in any project selection decision, especially with constrained resources, is to conduct a feasibility study. This study assesses whether the firm has the necessary resource availability (e.g., the senior developer is occupied for four months) and identifies risks (e.g., overextension) before committing to the fixed-price, six-month deadline. Without this analysis, the owner cannot make an informed decision about hiring, negotiating, or accepting the project.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Hire a contract senior developer to fill the gap.
Why it's wrong here
Hiring is a solution, but it's premature without a feasibility analysis.
- ✗
Negotiate with the client for a longer timeline or higher budget.
Why it's wrong here
Negotiation should come after understanding feasibility.
- ✓
Conduct a feasibility study to assess resource availability and risks.
Why this is correct
A feasibility study provides data to make an informed go/no-go decision.
- ✗
Accept the project and reassign the senior developer after four months.
Why it's wrong here
This assumes the project can be delayed, which may not be acceptable to the client.
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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.