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2021 Dec PK0-003 test preparation
Q121. - (Topic 2)
Which of the following is a benefit of the WBS?
A. It allows organizing of all project risks
B. It allows organizing of all project budget
C. It allows organizing of all project work
D. It allows organizing of all project schedules
Answer: C
Q122. - (Topic 1)
Which of the following is a component of a performance evaluation for an individual?
A. Resource utilization
B. Role assessment
C. Scope management
D. Variance management
Answer: B
Q123. - (Topic 3)
Management would like to see a comparison of the budget control limits and cost baseline versus actual performance. Which of the following documents would be MOST likely to contain the information sought by management?
A. Quality management plan
B. Cost management plan
C. Budgetary management plan
D. Transition management plan
Answer: B
Q124. - (Topic 1)
Which of the following represents a good reason for formally closing out a project?
A. To provide historical information for future projects
B. To manage stakeholders’ expectations
C. To promote team cohesiveness
D. To keep a record in case someone comes back later with an issue after transition
Answer: A
Q125. - (Topic 3)
Pre-project setup includes which of the following activities?
A. Planning
B. Validating
C. Funding
D. Closing
Answer: B
Most up-to-date PK0-003 practice test:
Q126. - (Topic 3)
Which of the following include the WBS as an input?
A. Project scope statement
B. Project schedule
C. Project charter
D. Project requirements
Answer: B
Q127. - (Topic 3)
During final product testing, it is discovered that a product does not meet intended performance specifications. The product run has already been completed and the organization would incur losses if the product is shipped without being modified. Which of the following options would BEST describe a response involving risk mitigation in this scenario?
A. Send the parts as produced and address the manufacturing issues through the warranty process.
B. Ship the product as manufactured and change future runs of the product to meet specifications.
C. Purchase insurance to protect the organization against a lawsuit and ship the product as produced.
D. Notify customers of the change and offer new parts with updated specifications.
Answer: D
Q128. - (Topic 1)
A project manager has calculated their project to have a SV of -$5,000. Which of the following conclusions is correct?
A. The project is over budget
B. The project baseline is incorrect
C. The project is behind schedule
D. The project is under budget
Answer: C
Q129. - (Topic 2)
Which of the following allows the ability to assess the validity of a project during pivotal points within a schedule?
A. Initial risk assessment
B. Phase gates
C. Milestone
D. Project charter review
Answer: B
Q130. - (Topic 2)
Which of the following is the main purpose of a work breakdown structure?
A. To decompose the list of deliverables
B. To identify key stakeholders and their influence
C. To assign resources to activities
D. To determine total project duration
Answer: A