PK0-003 Exam Questions
500 real PK0-003 exam questions with expert-verified answers and explanations. Page 9 of 10.
- Question #402Project management concepts
Which of the following risk response strategies involves shifting the negative impact of a threat, along with ownership of the response, to a third party?
Risk managementRisk transferRisk response strategies - Question #403Project life cycle phases
Which of the following would be a direct output of the initiating process group? (Select Two).
Initiating process groupProject charterPreliminary scope statement - Question #404Project management concepts
Which of the following cost estimating techniques uses previous, similar projects as a basis of estimating costs for the current project?
Cost estimating techniquesAnalogous estimating - Question #405Tools and documentation
Which of the following tools are used for quality planning? (Select Two).
Quality planning toolsCost/benefit analysisBenchmarking - Question #406Project management concepts
Which of the following conflict resolution techniques is used to get people to face their conflicts directly and work through the issues?
Conflict resolutionConfrontingProblem-solving - Question #407Project management concepts
In which of the following organization types would a project manager have the MOST authority?
Organizational structuresProjectized organizationProject manager authority - Question #408Project management concepts
Which of the following shows the number of communication channels for a team with twelve stakeholders?
Communication channelsStakeholder communicationCommunication management - Question #409Project management concepts
The schedule estimates for a particular work package that is underway were not properly considered and the timescales are too tight. Which of the following methods should the proje...
Earned Value Management (EVM)Schedule Performance Index (SPI)Schedule Variance (SV) - Question #410Project management concepts
A team member on a project uncovers a minor risk with the quality of a purchased component. The team uses their combined expert judgment to determine that the risk to the deliverab...
Risk managementRisk acceptanceRisk registerExpert judgment - Question #411Project life cycle phases
The change control board has requested that a project manager evaluate the impact of a major change request that will affect the timetable of several work-packages. Which of the fo...
Change managementSchedule impact analysisCritical Path Method (CPM) - Question #412Project life cycle phases
By completing the lessons learned during project closure, the project manager can:
Project closureLessons learnedKnowledge management - Question #413Project management concepts
An important team member will not be available to complete a project. The project manager selects a new team member and trains the new team member on the project tasks. The project...
Risk mitigationResource managementRisk response strategies - Question #414Project management concepts
Which of the following shows a project that is presently over its financial budget?
Earned Value Management (EVM)Cost Performance Index (CPI)Cost variance - Question #415Project management concepts
Which of the following would a project manager do NEXT after selecting a vendor for a project?
Procurement processVendor selectionContract negotiation - Question #416Tools and documentation
Which of the following is the BEST report to provide to senior management?
Stakeholder communicationReportingMilestone report - Question #417Project management concepts
Which of the following is an appropriate risk response for diverting a portion of the project risk?
Risk response strategiesRisk sharingRisk management - Question #418Project management concepts
Who has the MOST control over project scope changes?
Change controlChange Control Board (CCB)Scope management - Question #419Project management concepts
A project manager is implementing a new community park and wants to build public support. Which of the following communication mediums would BEST facilitate the goal?
Stakeholder engagementCommunication strategyPublic relations - Question #420Project management concepts
A project manager notices that status meetings are poorly attended and that one or two team members try to dominate the meetings. Which of the following should the project manager...
Meeting managementCommunication effectivenessTeam dynamicsAgenda management - Question #421Project management concepts
A hurricane is forecasted near the corporations call center. The project manager has arranged for a redundant call center in another location to accept calls if the corporate call...
Risk responseMitigationProject risk management - Question #422Project management concepts
An adjustment to the project has been approved and funding granted, but the project manager feels the modification is out of scope. Which of the following should the project manage...
Change controlScope managementProject documentation - Question #423Project management concepts
The project team has completed phase testing. After testing, a subject matter expert (SME) notices that a component was skipped. Which of the following should the project manager d...
Quality controlIssue managementStakeholder communication - Question #424Project management concepts
Who should conduct lessons learned when an outside vendor is used?
Lessons learnedProject manager responsibilities - Question #425Project management concepts
A project manager is using a vendor with a fixed bid contract. The vendor would like to help out with other parts of the project. Which of the following should the project manager...
Contract managementFixed-bid contractStatement of Work (SOW)Vendor management - Question #426Project management concepts
Which of the following is the BEST reason to review the historical information from a similar project?
Historical dataResource planningProject planning - Question #427Project management concepts
A project manager must initially address a performance issue with a project team member. Which of the following communication methods is BEST to use?
Communication methodsTeam managementPerformance management - Question #428Project life cycle phases
The initiation process concludes with the creation of which of the following?
Project initiationProject charterProject life cycle - Question #429Tools and documentation
A project manager is completing a project schedule network diagram using dummy activities to show all logical relationships. Which of the following tools is the project manager usi...
Network diagramADMProject scheduling - Question #430Tools and documentation
Which of the following documents would a project manager review to determine all the identified risks on a project?
Risk registerRisk managementProject documentation - Question #431Project management concepts
The initial quality measurements used to determine if a variance has occurred is known as the:
Quality controlBaselineVariance analysis - Question #432Tools and documentation
Which of the following BEST describes the chart of accounts?
Cost managementChart of accountsFinancial tracking - Question #433Tools and documentation
Which of the following would MOST likely contain warranty information for the project deliverable?
Transition planProject deliverablesWarranty - Question #434Project life cycle phases
Before the execution phase begins, who is in control of the project?
Project manager responsibilitiesProject phasesProject control - Question #435Project life cycle phases
A project manager has just completed the planning of a project, but cannot start the project execution until granted permission from the project sponsor. This is an example of whic...
Phase gateProject life cycleProject governance - Question #436Project management concepts
The project manager has documented a change request from a key project stakeholder. Which of the following actions should the project manager take NEXT?
Change controlImpact analysisChange request - Question #437Project management concepts
The change control board has approved a change to the scope of a project. Which of the following actions should the project manager take NEXT?
Change controlImplementation planApproved changes - Question #438Project life cycle phases
Quality assurance is performed during which phase of a project?
Quality assuranceProject executionProject phases - Question #439Tools and documentation
Which of the following should a project manger do to actively track issues as they are identified?
Issue trackingIssues logProject monitoring - Question #440Project management concepts
A project manager was called into the office of the Chief Information Officer (CIO) and informed that the resource budget for the company has been reduced by 10%. The CIO expects t...
Triple constraintQuality impactResource constraintsBudget cuts - Question #441Project management concepts
Which of the following can the project manager do to manage scope creep?
scope creepscope managementproject objectivesproject plan - Question #442Project life cycle phases
Which of the following occurs during administrative closure?
administrative closureproject closurecontract closureprocurement - Question #443Project management concepts
A project manager wants to have complete control of the project team members. Which of the following organization structures would allow for this?
organizational structuresprojectized organizationproject manager authorityteam control - Question #444Tools and documentation
Which of the following would be contained in the problem statement within the project charter?
project charterproblem statementcustomer requirementsproject initiation - Question #445Project management concepts
Which of the following is the BEST definition of a stakeholder? (Select Two).
stakeholdersstakeholder definitionproject impact - Question #446Project management concepts
If the EV is $3,000 and the AC is $4,000, which of the following would be the CPI for the project?
earned value managementCPIcost performance indexproject control - Question #447Project management concepts
Which of the following would be the impact upon a project if the CPI for the project is .75?
CPI interpretationcost performanceover-budgetearned value management - Question #448Project management concepts
If the EV is $3,000 and the AC is $4,000, which of the following is the CV for the project?
earned value managementCVcost varianceproject control - Question #449Tools and documentation
Which of the following are the benefits of a work breakdown structure (WBS)? (Select Two).
WBSwork breakdown structureproject budgetresource planning - Question #450Project life cycle phases
When a project ends unexpectedly, which of the following should the project manager do?
project closureadministrative closureunexpected project enddocumentation - Question #451Project life cycle phases
It is important to complete a formal project closure process to: (Select Three).
project closureformal closureproject objectivescustomer acceptance