PK0-003 Exam Questions
500 real PK0-003 exam questions with expert-verified answers and explanations. Page 10 of 10.
- Question #452Tools and documentation
Which of the following would be the benefit of saving a project binder in a centralized location?
project documentationcentralized storagelessons learnedknowledge management - Question #453Project management concepts
In order to compare a current projects quality to that of a previously completed project, a project manager should use which of the following techniques?
quality managementbenchmarkingquality comparisonproject quality - Question #454Project management concepts
A stakeholder has indicated that a three phase project must be completed in four months instead of the previously agreed upon six months. It is determined that fast-tracking the pr...
fast-trackingschedule compressionproject schedulingparallel activities - Question #455Project management concepts
The EV of a particular project is $6 million. The CV is -$340,000. Which of the following can be determined from this information?
earned value managementCV interpretationcost varianceover-budget - Question #456Project management concepts
Which of the following processes incorporates the make-or-buy analysis?
make-or-buy analysisprocurement managementproject planning - Question #457Project management concepts
The method of cost-estimating whereby the costs of the individual work packages are aggregated to form the full cost-estimate is called:
cost estimatingbottom-up estimatingwork packagesproject cost management - Question #458Project management concepts
A project has a CPI of 0.6. Which of the following would BEST describe the cost-efficiency of the project?
CPI interpretationcost efficiencyover-budgetearned value management - Question #459Project management concepts
In a highway project 5 miles (8 kilometers) out of the total 15 miles (24 kilometers) have been completed. The BAC is $900,000. Which of the following represents the ETC of this pr...
earned value managementETCestimate to completecost forecasting - Question #460Project management concepts
Which of the following are characteristics of a projects critical path? (Select Two).
critical pathproject schedulingfloat timelongest duration - Question #461Project management concepts
A project sponsor has requested that weekly status updates are to be sent by email, detailing the schedule performance index (SPI) and schedule variance (SV) of the project. In whi...
Communications management planStatus reportingSPISV - Question #462Project management concepts
A key team member is performing poorly on a project. The project manager has verified that the team member knows the project expectations. The project manager has met repeatedly wi...
Team performance managementConflict resolutionResource managementEscalation - Question #463Project management concepts
Which of the following is the BEST way for an organization to obtain qualified vendors?
Vendor selectionProcurement processQualified vendors - Question #464Project management concepts
In order to complete the pre-project setup, which of the following is the MOST important task of the project sponsor?
Project sponsor roleProject fundingPre-project setupProject initiation - Question #465Project management concepts
Changing the project schedule to prevent a known risk is an example of which of the following risk responses?
Risk managementRisk avoidanceRisk response strategies - Question #466Project life cycle phases
Which of the following would be the MOST important objective of a kick-off meeting? (Select Two).
Kick-off meetingProject initiationTeam expectationsProject communication - Question #467Project management concepts
Three of the team members are having a conflict with each other. Which of the following steps should the project manager take to minimize the conflict?
Conflict resolutionTeam managementProject manager role - Question #468Project management concepts
A key stakeholder has asked the project manager to complete the project a week earlier than expected. To accomplish this objective, the project manager will have to ask the project...
Change managementChange controlStakeholder requestsProject schedule - Question #469Project management concepts
A new project manager has been assigned to a high profile project. In order to determine project status, which of the following should the project manager do? (Select Two).
Project status reportingCommunication strategyTeam meetingsEmail communication - Question #470Project management concepts
The project sponsor indicates that one of the key stakeholders is very unhappy with the project schedule. The other stakeholders are happy with the schedule. Which of the following...
Stakeholder managementStakeholder buy-inProject scheduleCommunication issues - Question #471Project life cycle phases
Post-mortem analysis occurs in which of the following process groups?
Project closingPost-mortem analysisLessons learnedProject life cycle - Question #472Project life cycle phases
In pre-project setup, which of the following must be completed prior to validating a project?
Pre-project setupProject definitionProject validationProject initiation - Question #473Project management concepts
A project manager is presented with a change request for an ongoing project. Which of the following would be the FIRST action?
Change managementChange requestImpact analysisProject control - Question #474Project management concepts
Communication preferences, cultural differences, and language barriers are BEST described as which of the following?
Communication barriersCultural differencesCommunication preferencesStakeholder communication - Question #475Basics of IT and governance
A healthcare company must store project records for seven years. This is an example of which of the following?
Document retentionComplianceRegulatory requirementsProject records - Question #476Project management concepts
In order to obtain the best pricing and product quality, a project manager should:
Vendor selectionProcurementRFPCompetitive bidding - Question #477Tools and documentation
Which of the following is created using the work breakdown structure (WBS) as an input?
Work Breakdown Structure (WBS)Project planningProcurement management plan - Question #478Tools and documentation
A cause and effect diagram can also be called:
Quality managementCause and effect diagramIshikawa diagramFishbone diagram - Question #479Project management concepts
Which of the following is true of fast tracking a schedule?
Schedule compressionFast trackingProject schedulingCritical path - Question #480Tools and documentation
A project team member is uncertain how many activities are required to complete a task. Which of the following documents should be referenced?
Work Breakdown Structure (WBS)Project scopeTask definitionProject documentation - Question #481Project management concepts
Which of the following is the BEST communication option for team building?
communication methodsteam buildingstakeholder engagement - Question #482Tools and documentation
A project manager is informed that material expenditures will increase. Which of the following documents should be referenced to address this increase?
cost management planexpenditure controlproject documents - Question #483Project life cycle phases
The project charter is an output of which of the following project phases?
project charterproject initiationproject phases - Question #484Project management concepts
All of the following are considered part of the risk management plan EXCEPT the risk:
risk management planrisk registerrisk assessment - Question #485Tools and documentation
Control limits would be found in which of the following plans?
control limitsquality management planquality control - Question #486Project life cycle phases
Which of the following are process groups in the project life cycle? (Select Three).
project process groupsproject life cycleinitiatingplanningclosing - Question #487Project management concepts
A project team is comfortable working as a group and has accepted all the project ground rules. They support each other to reach the project goals. Which of the following stages of...
team development stagesperforming stageteam dynamics - Question #488Project management concepts
Which of the following would a project manager organize and implement in order to provide decision oversight to scope changes?
change control boardscope change managementproject governance - Question #489Project management concepts
Which of the following contract types places the LEAST amount of risk on the seller?
contract typesseller risktime and material contractprocurement - Question #490Project life cycle phases
Which of the following is created as part of the closing phase?
closing phasecost reviewproject closure - Question #491Project management concepts
Several stakeholders have asked the project manager to provide a weekly performance report. Which of the following may be the reason for the request?
performance reportingproject progressstakeholder communication - Question #492Project management concepts
A key stakeholder sends an email to the project manager expressing dissatisfaction with the progress of the project. Which of the following would be the BEST way for the project ma...
stakeholder communicationconflict resolutioncommunication methods - Question #493Project management concepts
Which of the following would be the MOST effective way for a project manager to create a budget estimate?
budget estimationcost estimationsubject matter expert - Question #494Tools and documentation
A project manager has been asked to create an issues log. Which of the following should be included in the issues log? (Select TWO).
issues logissue managementproject documentation - Question #495Project management concepts
In order to satisfy a difficult stakeholder, a project manager has asked the project team to include more services than were outlined in the statement of work (SOW). Which of the f...
scope creepstatement of work (SOW)project costproject constraints - Question #496Project management concepts
The team members have notified the project manager of several risks which may have a significant impact upon the project. Which of the following should the project manager do FIRST...
risk prioritizationrisk management strategyrisk impact - Question #497Tools and documentation
Which of the following options is the BEST reason for a project manager to develop a version control standard?
version controlproject documentationinformation integrity - Question #498Project management concepts
Which of the following would be used to cover the cost of an identified risk?
contingency fundrisk responsecost managementbudget reserve - Question #499Tools and documentation
A Pareto diagram focuses attention on which of the following?
Pareto diagramquality control toolsdefect analysis - Question #500Tools and documentation
Which of the following BEST identifies the correct number of layers in a WBS?
Work Breakdown Structure (WBS)WBS decompositionmanageable activities - Question #501Project management concepts
A project scope statement includes which of the following items? (Select THREE).
project scope statementmajor deliverablesproject constraintssuccess criteria