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2021 Mar PK0-003 test preparation
Q21. - (Topic 2)
A project’s development center is located within an active flood zone and, if flooding were to occur, it could cause a delay in the schedule. Which of the following are acceptable risk responses?
A. Delegating, documenting, and handling
B. Avoiding, transferring, and documenting
C. Mitigating, responding, and handling
D. Avoiding, accepting, and mitigating
Answer: D
Q22. - (Topic 1)
Which of the following is a characteristic of a project stakeholder?
A. Someone who approves deliverables
B. Someone who approves contractors
C. Someone who is a C level manager
D. Someone who approves purchase orders
Answer: A
Q23. - (Topic 2)
Which of the following components of the risk management plan allows for the prioritization of risks for further analysis?
A. RACI matrix
B. Probability impact matrix
C. Impact analysis
D. Risk register
Answer: B
Q24. - (Topic 2)
Which of the following are common components of a transition plan?
A. Warranties, user support center, knowledge transfer, and transition dates
B. Extended support, warranties, user support center, and knowledge transfer
C. Transition dates, training, extended support, and warranties
D. Training, extended support, warranties, and user support center
Answer: C
Q25. - (Topic 2)
A change has been approved to move the weekly status meetings from Friday to Tuesday. In addition to notating the change decision in the change log, which of the following documents should be updated?
A. Project plan
B. Communication plan
C. Human resource plan
D. Schedule baseline
Answer: B
Refresh PK0-003 free practice exam:
Q26. - (Topic 2)
While heading into a meeting to discuss the forecast of the project, it is realized that the report does not contain the EAC. The project manager decides to quickly calculate the EAC. The AC is $2,000, the PV is $4,000, the EV is $3,400, and the BAC is $50,000. Which of the following represents the EAC?
A. $29,411.76
B. $42,372.88
C. $58,823.53
D. $84,745.76
Answer: A
Q27. - (Topic 1)
A third party product warranty is an example of which of the following types of risk response?
A. Risk sharing
B. Risk avoidance
C. Risk acceptance
D. Risk transfer
Answer: D
Q28. - (Topic 1)
The project has expended approximately 75% of the schedule, but has completed only 50% of the work. The customer has informed the project manager that the scheduled end date of the project is critical and cost may not increase. Which of the following techniques BEST meets the customers needs? (Select TWO).
A. Abandoning the critical path
B. Working on concurrent tasks consecutively to decrease cost variance
C. Decrease the number of tasks
D. Working on consecutive tasks concurrently to improve schedule variance
E. Reduce the project’s scope
Answer: D,E
Q29. - (Topic 2)
A defect in an application code is observed and documented in the middle of a project. The defect is noted as a security risk and requires immediate action. Who is responsible for approving the required fix?
A. Contracting officer
B. Lead developer
C. Change control board
D. Risk management team
Answer: C
Q30. - (Topic 3)
Which of the following is an example of a high-level constraint to be included in a project charter?
A. The charter must be approved by the Chief Information Officer before planning may begin.
B. The funding is available until December 31st of the current year.
C. The project manager’s start date is pending.
D. The project team will be assigned after the charter is approved.
Answer: B