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2021 Dec PK0-003 free exam

Q101. - (Topic 1) 

Which of the following is the MAIN difference between bottom up and top down cost estimation? 

A. Bottom up leads to a more accurate cost estimate than top down because it is performed by subject matter experts 

B. Top down leads to a more accurate cost estimate because it is performed by upper management with direct access to budget information 

C. Bottom up leads to a less accurate cost estimate because it breaks down the task into smaller subtasks where some tasks may not have a cost 

D. Both top down and bottom up are equally accurate estimations of a project’s total cost because they both refer to resources assigned by the project sponsor 

Answer:


Q102. - (Topic 1) 

The project manager is reviewing the earned value of work completed compared to the planned value and is representing it in a dollar figure. This type of analysis is an example of which of the following? 

A. Cost performance index 

B. Risk mitigation 

C. Schedule variance 

D. Cost variance 

Answer:


Q103. - (Topic 1) 

A project is experiencing quality issues with the deliverable product. Which of the following tools would be used to identify and prioritize the MOST commonly occurring issues? 

A. Scatter diagram 

B. Pareto chart 

C. Ishikawa diagram 

D. Trend analysis 

Answer:


Q104. - (Topic 2) 

A project involves outsourcing multiple parts of the software application to developers around the world. Which of the following is MOST likely to impact meeting attendance? 

A. Time zone differences 

B. Cultural differences 

C. Language barriers 

D. Technology barriers 

Answer:


Q105. - (Topic 2) 

A project is generating a lot of concern from team members who feel they do not know what customers want. This issue could have been prevented by including which of the following activities in the project kick-off meeting? 

A. Define the business risks 

B. Define roles and responsibilities 

C. Define stakeholder expectations 

D. Define high level timeline 

Answer:


Most recent PK0-003 practice exam:

Q106. - (Topic 3) 

Ishikawa diagrams are synonymous with which of the following? 

A. Scatter diagrams. 

B. Network diagrams. 

C. Fishbone diagrams. 

D. Interrelationship diagrams. 

Answer:


Q107. - (Topic 3) 

When creating a network diagram, the project manager identifies a relationship between tasks A, B, and C, wherein A must start before B, but B and C may be started at the same time. In this scenario, A is BEST defined as a: 

A. start to start dependency type. 

B. successor to C. 

C. predecessor to B. 

D. finish to start dependency type. 

Answer:


Q108. - (Topic 3) 

A project manager receives word from a team member that a modification is required to the product being developed. Which of the following documents should the project manager initially use to document the request? 

A. Risk register 

B. Scope statement 

C. Issue log 

D. Change log 

Answer:


Q109. - (Topic 3) 

The project manager has received an email requesting additional functionality for the application being developed. The resources that are needed to code this functionality are external and the resources’ availability could delay the project. Which of the following items should the project manager produce to document this change? (Select TWO). 

A. Scope statement 

B. Risk register 

C. RACI matrix 

D. Change management form 

E. Issue log 

F. Budget request 

Answer: B,D 


Q110. - (Topic 2) 

A change to the project has been requested by a key stakeholder. Which of the following will the project manager do FIRST? 

A. Inform the team of the change 

B. Implement the change 

C. Approve the change 

D. Review the change 

Answer: