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PK0-005 · Question #123

PK0-005 Question #123: Real Exam Question with Answer & Explanation

The correct answer is D: Key performance indicators. To determine whether a project has met its defined objectives, Key Performance Indicators (KPIs) are the most beneficial. KPIs are quantifiable metrics specifically chosen to measure progress towards achieving strategic goals and outcomes.

Project Management Concepts

Question

Which of the following would be the MOST beneficial to determine whether a project has met the defined objectives?

Options

  • ASchedule variance
  • BCost variance
  • CWork breakdown structure
  • DKey performance indicators

Explanation

To determine whether a project has met its defined objectives, Key Performance Indicators (KPIs) are the most beneficial. KPIs are quantifiable metrics specifically chosen to measure progress towards achieving strategic goals and outcomes.

Common mistakes.

  • A. Schedule variance measures whether the project is ahead or behind schedule, which is important for project management but doesn't directly assess if the core objectives were met.
  • B. Cost variance measures whether the project is over or under budget, which is important for financial health but doesn't directly assess objective achievement.
  • C. A Work Breakdown Structure (WBS) is a hierarchical decomposition of the total scope of work to be carried out by the project team; it defines the work, not measures objective attainment.

Concept tested. Project success measurement (KPIs)

Topics

#Project objectives#Project success measurement#Key performance indicators#Project evaluation

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