980 questions total · 14pages · All types, answers revealed
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A project manager is using a quality tool that displays data points over time with upper and lower control limits. The tool helps distinguish between common cause and special cause variation. Which tool is this?
Control charts display data over time with control limits.
Why this answer
A control chart plots data over time with control limits to identify variation types.
During project closing, a project manager must complete several activities. Which TWO are appropriate for project closure?
Correct. Archiving documents is part of closing.
Why this answer
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.
A project manager is identifying stakeholders and documenting their interests and influence. In which project life cycle phase is this activity performed?
Identifying stakeholders is part of the Initiating phase.
Why this answer
Identifying stakeholders is a key activity in the Initiating phase, where the project is formally authorized and stakeholders are identified.
A vendor is hired to provide a service with a fixed price of $100,000, regardless of actual costs incurred. Which contract type is this?
Correct: fixed-price has a set price.
Why this answer
A fixed-price contract has a predetermined price that does not change based on the seller's cost performance.
A project manager is planning risk responses for identified risks. Which THREE are valid risk response strategies?
Correct: Avoid involves eliminating the risk.
Why this answer
The main risk response strategies are Avoid, Transfer, Mitigate, and Accept. Enhance is for opportunities, not threats.
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Practice PK0-005 by domain
Target a specific domain to shore up weak areas.