PK0-003 - CompTIA Practice Exam Questions & Answers

5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 1 - Topic 1 Which of the following has occurred when project costs are baselined? A. The project manager has determined when they will need to make purchases B. The project costs have been spent C. The business has approved the budget D. The estimated costs of the project are fixed Answer : D Question No : 2 - Topic 1 Which of the following conflict resolution techniques results in mutual agreement among conflicting parties? A. Forcing B. Avoiding C. Smoothing D. Compromise Answer : D Question No : 3 - 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 : C Question No : 4 - Topic 1 Which of the following communication methods would be used to update the project steering committee? A. Daily phone conferences outlining key activities SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs B. A monthly financial and project summary report C. A daily email highlighting the project spend D. A standup meeting with the entire project team Answer : B Question No : 5 - Topic 1 Which of the following components of the project charter is used to help determine the projects communication needs? A. Stakeholder identification B. Project objectives C. Problem statement D. Key deliverables Answer : A Question No : 6 - 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 Question No : 7 - Topic 1 An email to end users regarding the go-live of an upcoming software release is an example of: A. interactive method. B. push method. C. formal method. D. pull method. Answer : B SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 8 - Topic 1 Which of the following inputs are used in quality control? (Select TWO). A. Quality metrics B. Quality reviews C. Quality checklists D. Quality corrective actions E. Quality change request Answer : A,C Question No : 9 - Topic 1 Which of the following would use the WBS to aid in the creation of the cost estimate? A. Analogous B. Top down C. Parametric D. Bottom up Answer : D Question No : 10 - Topic 1 The stakeholder has notified the project manager that new priorities have caused them to shift all of the business subject matter expert resources to a new project for one year. The BEST course of action for the project manager is: A. phase gate review. B. project cancellation. C. project completion. D. stage completion. Answer : B Question No : 11 - Topic 1 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Which of the following is the purpose of a post mortem analysis? A. Determines the degree of accuracy of activity duration estimates B. Compares the initial project baselines to end of project baselines C. Highlights detected quality issues and the resolution to the issues D. Documents the reasons for an early project closure Answer : D Question No : 12 - Topic 1 Which of the following can aid in the identification of the cause of the majority of the defects on a given project? A. Ishikawa diagrams B. Run charts C. Histograms D. Pareto charts Answer : D Question No : 13 - Topic 1 A company is replacing their file server with a new one. During the data migration, the old file server experiences critical hardware failure. The data migration cannot continue until the hardware is replaced. This repair will put the project behind schedule by a week. Which of the following actions should the project manager do FIRST? A. Prepare performance report B. Manage the issue C. Schedule a meeting D. Update communication plan Answer : B Question No : 14 - Topic 1 One of the development resources on a project team does not agree with how quality assurance testing is being executed. Which of the following should the project manager do? A. Schedule a risk assessment meeting B. Prepare performance reports SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs C. Start executing additional testing D. Review the quality management plan Answer : D Question No : 15 - Topic 1 In month nine of a 12-month project, the customer approaches the project manager believing the project is at risk because 85% of the funds have been expended already. To give the customer a more accurate assessment, the project manager calculates the Cost Variance (CV) using which of the following formulas? A. CV = PV – AC B. CV = AC – EV C. CV = EV – PV D. CV = EV – AC Answer : D Question No : 16 - Topic 1 Which of the following shows how often contracts would be closed for the procurements on a project? A. During phase gate review B. After the project is completed C. At the end of the project D. At the end of the contract Answer : D Question No : 17 - Topic 1 A project starts out as a small three month project. One month into the project, a stakeholder asks the team for additional functionality, which is estimated to take an additional three weeks. The project manager implements the functionality while waiting for approval. This is known as which of the following? A. Change request B. Risk C. Resource constraint D. Scope creep SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : D Question No : 18 - Topic 1 The customer has agreed to pay 20% more for the project deliverable if it can be turned over to them in four weeks. The project manager has the team members to complete the project, but is having difficulty procuring enough material from a vendor. The project manager agrees to pay 5% more for the material if complete shipment can be made within a week. This is an example of which of the following risk response strategies? A. Transferring B. Enhancing C. Sharing D. Exploiting Answer : C Question No : 19 - Topic 1 Prior to a project kick-off, the project manager should do which of the following? A. Conduct team interviews B. Define the change control process C. Create a quality plan D. Review the test plan Answer : A Question No : 20 - Topic 1 A widget being built for a construction project has undergone quality review. After the review, a report is provided showing the frequency of defects with a threshold showing where the majority of the issues are coming from. Which of the following is the tool being used? A. Run chart B. Pareto diagram C. Gantt chart D. Scatter diagram SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : B Question No : 21 - Topic 1 A project manager was informed that a task will be delayed by four weeks. To determine the impact on the overall project, which of the following will the project manager need to update FIRST? A. WBS B. Risk log C. Project schedule D. Scope statement Answer : C Question No : 22 - Topic 1 Which of the following describes the purpose of a war room on a project? A. It is a space where project managers negotiate for project team resources B. It is a wireless access room which allows for strong Internet connectivity C. It is a location set aside for project use D. It is a room used to send conflicting team members to work out conflicts Answer : C Question No : 23 - Topic 1 A stakeholder wants to add another requirement to the deliverable. Which of the following will the project manager do to determine the changes effect on the project? A. Performing an impact analysis B. Identifying a change C. Coordinating with stakeholders to select the course of action D. Filling out a change control Answer : A SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 24 - Topic 1 Which of the following describes the total amount of money approved for spending on a project? A. VAC B. BAC C. ETC D. EAC Answer : B Question No : 25 - Topic 1 The project team is one month away from completing the project when a vendor that is providing a key component defaults on their contract. Which of the following is the FIRST thing the project manager should do? A. Review the project charter. B. Follow the communications plan. C. Revise the budget. D. Prepare performance reports. Answer : B Question No : 26 - Topic 1 A project team is about to deliver on a two year long project when they are informed of new Government laws that directly affect the product. The team meets with their stakeholders to discuss the impact to the project and determine that additional laws need to be taken into account before go-live. The NEXT step the project manager needs to take is: A. re-direct the development team. B. create a change request. C. update the issues log. D. hold a meeting with the users. Answer : B Question No : 27 - Topic 1 While working on a project, an unforeseen event arises that impacts a project objective. Which of the following should be updated as a result? SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs A. Stakeholder register B. Issue log C. Risk register D. Change log Answer : B Question No : 28 - Topic 1 The scope document is created based on the direct input of which of the following documents? A. Cost management plan B. Organizational strategic goals C. Project charter D. Work breakdown structure Answer : C Question No : 29 - Topic 1 Which of the following would be found in a post-mortem analysis? (Select TWO). A. Lessons Learned B. Transition Plan C. Project sponsor signoff D. Maintenance responsibilities E. Reasons for early termination of the project Answer : A,E Question No : 30 - 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 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : C Question No : 31 - Topic 1 Which of the following is the purpose of a transition plan? A. It maps how the new business processes will flow after the project reaches completion B. It guides the project team on how to hand over the final product to the customer C. It delivers specialized training to new project team members D. It allows for smooth transition from one deliverable to the next Answer : B Question No : 32 - Topic 1 A status report shows that the earned value is $50,000, the planned value is $40,000, and actual costs are $45,000. Which of the following is the SPI of the project, and is the project ahead or behind schedule? A. SPI = 0.89, ahead of schedule B. SPI = 0.90, behind schedule C. SPI = 1.11, behind schedule D. SPI = 1.20, ahead of schedule Answer : D Question No : 33 - Topic 1 A project manager has found that the project is running behind schedule. After considering the alternatives, is it possible to both fast track and crash a project? A. Yes, they are not mutually exclusive. B. No, it is too risky to do both at the same time. C. Only if they crash the project before they fast track it. D. Yes, fast tracking and crashing are the same activity. Answer : A SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 34 - Topic 1 Which of the following strategies would be used to reduce the impact of a risk? A. Risk mitigation B. Risk avoidance C. Risk acceptance D. Risk transfer Answer : A Question No : 35 - Topic 1 When performing quantitative risk analysis, which of the following should be produced? A. Control chart B. Decision tree C. Run chart D. Scatter diagram Answer : B Question No : 36 - Topic 1 Which of the following risk responses is taking place when there is a design change to reduce the scope of the product? A. Transfer B. Sharing C. Acceptance D. Avoidance Answer : D Question No : 37 - Topic 1 A quality control team is engaged in ensuring the quality of a production part. The team has just completed gathering performance information. Which of the following actions should be taken NEXT? A. Update quality control plan B. Generate change requests C. Identify variances SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs D. Perform impact analysis Answer : C Question No : 38 - Topic 1 The project manager of a project that involves a system-wide computer update receives a report that some computers cannot be updated. Which of the following is a BEST practice? A. Contact the stakeholders in the project to determine the best course of action. B. Complete a project management change form without notifying the sponsor. C. Document the change to the project without informing the stakeholders. D. Perform an impact analysis and contact the project sponsor. Answer : D Question No : 39 - Topic 1 A project is a (an): A. specific solution. B. business strategic plan. C. group of products. D. ongoing endeavor. Answer : A Question No : 40 - Topic 1 A system has been released to a pilot group of users and a call center will be maintained for the next 30 days for support. The business line will not be ready to support the new setup for at least 60 days. Which of the following should be reviewed to ensure a smooth handoff? A. Converting the project team to an operational team B. The transition dates, and make adjustments C. Training opportunities to allow the business to assume support within the next 30 days D. Giving the business line as much time as needed to support the new system Answer : B SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 41 - Topic 1 When a project manager creates a communication plan, which of the following should be included? (Select TWO). A. Project communication formats B. Financials C. Red, yellow, and green project status D. Escalation path E. Overview of the project F. Risks and issues Answer : A,D Question No : 42 - Topic 1 After completing a WBS, a project manager has been asked to identify human resource requirements. Which of the following should be included in the project plan? A. Training needs B. Communication needs C. Transportation needs D. Master schedule Answer : A Question No : 43 - Topic 1 A well-written scope document will include which of the following? (Select TWO). A. Contact information B. Milestones C. Stakeholders D. Constraints E. Project acceptance criteria F. Project tasks Answer : D,E SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 44 - Topic 1 Resources in another country have reported that they are losing two to three hours of productive work time due to server reboots that are happening daily. Which of the following should the project manager take into account when seeking a solution to the issue? A. Language barriers B. Time zones C. Project schedule D. Work styles Answer : B Question No : 45 - Topic 1 Which of the following is a characteristic of a product life cycle? A. Is constrained by time and resources B. Incorporates initiating through closing C. Has a plan for ongoing operations D. Develops a unique product Answer : C Question No : 46 - Topic 1 Which of the following actions can be used to ensure the quality of project deliverables? A. Analyzing performance information B. Ensuring all vendors are ISO certified C. Updating the risk register D. A concise statement of work Answer : A Question No : 47 - Topic 1 A software project has just been completed. While measuring the success of the project, the project manager has found that the customer is dissatisfied with the functionality. Which of the following components has suffered in this project? A. Risk B. Quality SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs C. Schedule D. Budget Answer : B Question No : 48 - Topic 1 Which of the following steps is required to validate a business case? A. Feasibility analysis B. Assign costs C. Schedule milestones D. Identify project scope Answer : A Question No : 49 - Topic 1 Given the following: 1. Senior management support will maintain throughout the duration of the project. 2. Technical hardware onsite is sufficient to support the new application. 3. Network connectivity is able to support the new product. 4. All scope changes will follow the change control process. Which of the following components of a scope document would BEST capture the above criteria? A. Assumptions B. Constraints C. Key performance indicators D. Objectives Answer : A Question No : 50 - Topic 1 A team member approaches the project manager and is concerned that the project is running behind and is overspending. Which of the following tools would the project manager use to validate the team members concern? (Select TWO). A. CPI B. AC C. EV D. PV E. SV SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs F. BAC Answer : A,E Question No : 51 - Topic 1 When a project manager is leading the team through the norming stage of team growth, the project team: A. is performing in a highly efficient manner. B. has reached full capacity. C. is seeing a decrease in productivity. D. is working together and comfortable. Answer : D Question No : 52 - Topic 1 The project team members have determined they need to procure hardware before they will be able to create a product to test. This activity sequencing was created using which of the following types of dependency? A. Mandatory B. External C. Discretionary D. Internal Answer : A Question No : 53 - Topic 1 The project team is geographically split between two time zones. Which of the following should be performed by the project manager? A. Escalate to the project sponsor with a preference to replace the remote members with local members. B. Set up meeting times that are not necessarily a perfect fit, but are fair to both locations. C. Schedule two separate meetings at the desired local time for the participants. D. Convert traditional meetings into email updates and catch up on an exceptions basis. Answer : B SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 54 - Topic 1 Which of the following is the project manager implementing when allocating additional resources to a set of tasks that are in the critical path and are slowing down the project completion? A. Crashing B. Optimizing C. Controlling D. Fast tracking Answer : A Question No : 55 - Topic 1 In a project kick-off meeting, the project manager does which of the following? A. Discusses pending change requests B. Obtains approval on the budget C. Receives buy in from the stakeholders D. Reviews the project goals Answer : D Question No : 56 - Topic 1 Determining how to communicate general project information with a globally dispersed team has created scheduling challenges. Which of the following would BEST remedy the situation? A. Provide a written forum that allows for asynchronous participation B. Conduct a meeting at a time where everyone is inconvenienced C. Schedule a meeting when the majority of the team is available D. Establish a conference call with all team members Answer : A Question No : 57 - Topic 1 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Which of the following are the characteristics of a project? (Select TWO). A. Contains a procurement plan B. Utilizes a chart of accounts C. Requires resource leveling D. Definitive beginning and end E. Produces a deliverable Answer : D,E Question No : 58 - Topic 1 After identifying a change needed in the system, which of the following is the NEXT action the stakeholder should perform? A. Inform the developer B. Inform the resource manager C. Inform the project manager D. Inform the project sponsor Answer : C Question No : 59 - Topic 1 A project baseline should be captured when the: A. project manager is satisfied with the project tasks and risks associated. B. sponsor is ready for work to begin and conducts a kick-off meeting. C. schedule is fully developed with activity names, durations, dependencies, and costs. D. WBS and WBS dictionary have been defined and agreed upon. Answer : C Question No : 60 - Topic 1 The project manager wants to report to the stakeholders to date projects cost performance. If the total of completed work to date is $200,000 and the actual cost is $210,000, which of the following is the cost variance? A. -5% B. 5% C. -$10,000 D. $10,000 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : C Question No : 61 - Topic 1 In the planning phase of a project, which of the following activities is performed? A. Solicitation B. Perform a feasibility study C. Appoint a project team D. Project Charter Answer : C Question No : 62 - Topic 1 Which of the following process groups of the project life cycle integrates people and other resources to carry out the work defined in the project plan? A. Executing B. Planning C. Closing D. Initiating Answer : A Question No : 63 - Topic 1 One of the projects team members assigned to work on a specialized set of tasks has suddenly become unavailable and unreachable. Which of the following can the project manager do to ensure the tasks are completed with minimal impact to the project? A. Update the risk matrix and inform the stakeholders B. Reassign the task to a member of the extended team C. Adjust the schedule to the right to account for the team member D. Remove the tasks from the timeline if they are not in the critical path Answer : B SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 64 - Topic 1 Which of the following are benefits of formal project closure? (Select TWO). A. Ensures the project complies with organizational goals B. Allows lessons learned to be used in future projects C. Ensures all pending contracts are closed D. Assures buy-in from all project stakeholders E. Distributes a new workload and tasks to all project team members Answer : B,C Question No : 65 - Topic 1 Which of the following areas is addressed in the Project Charter? A. Project team members B. Work Breakdown Structure (WBS) C. Business needs D. Communications venue Answer : C Question No : 66 - Topic 1 Which of the following is required to validate a project? A. Problem statement B. Signed project charter C. Key project deliverables D. Alignment with the organization’s strategic goals Answer : D Question No : 67 - 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? SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs A. Scatter diagram B. Pareto chart C. Ishikawa diagram D. Trend analysis Answer : B Question No : 68 - Topic 1 A hospital has been approached to develop a new medical device. The stakeholders review the alignment to the hospital system and the need for the product. Which of the following components are they reviewing? A. Project plan B. Request for proposal C. Scope document D. Business case Answer : D Question No : 69 - Topic 1 Within a corporation, project managers are assigned people based on defined roles and responsibilities. Project resources are temporarily provided to the project but still report the functional managers as well as the project manager. Which of the following styles of management is this also known as? A. Projectized management B. Matrix management C. Functional management D. SCRUM / agile Answer : B Question No : 70 - 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 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : D Question No : 71 - Topic 1 Please refer to the attached graphic and review the following task description. Which of the following is the project schedule critical path? A. A,E,F,B,G,H,D B. A,E,F,B,H,D C. A,G,H,D D. A,E,F,C,D Answer : A Question No : 72 - 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 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 73 - Topic 1 In QC testing, the project manager determines that the deliverable is outside of the specification limits. Which of the following processes allowed the project manager to make this determination? A. Review change log B. Regression analysis C. Monitoring work performance D. Identify variance Answer : D Question No : 74 - Topic 1 A change request has been authorized to decrease the amount of time the project team has to hand over the deliverable to the customer. The project manager has decided to crash the schedule to accommodate the change. Which of the following will MOST likely occur? A. The risk of the project will decrease. B. The quality of the deliverable will increase. C. The cost of the project will increase. D. The scope of the project will decrease. Answer : C Question No : 75 - Topic 1 A project manager schedules a weekly meeting to review the project schedule. The project manager is looking for an easy way to see the project tasks and review areas where tasks may overlap and are dependent on others. Which of the following would provide the project manager with the BEST project view? A. PERT B. Pareto C. CPM D. Gantt Answer : D SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 76 - Topic 1 The Earned Value of a project for the month is $10,000, and the Actual Cost of the project was $8,000. Which of the following is the Cost Performance Index? A. 80% B. 98% C. 100% D. 125% Answer : D Question No : 77 - Topic 1 The project charter contains a list of project limitations also known as: A. variances. B. constraints. C. assumptions. D. milestones. Answer : B Question No : 78 - Topic 1 An active project has an EV of 50,000, an AC of 45,000, and a PV of 50,000. Which of the following represents the current project SPI? A. -5000 B. .9 C. 1 D. 1.1 Answer : C Question No : 79 - Topic 1 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs A project team has to implement a key part of their solution from an external vendor. After sending out an RFP, the team has narrowed the possible providers down to three. Which of the following should the project manager do NEXT? A. Hold a steering committee meeting to discuss the options B. Ask the project team to take a vote on the vendor C. Begin contract negotiations with the lowest offer D. Contact project stakeholders individually and discuss the RFP Answer : A Question No : 80 - Topic 1 Which of the following project plan components would include information regarding the management of issues? A. Project Management Plan B. Human Resources Plan C. Test Mangement Plan D. Scope Management Plan Answer : A Question No : 81 - Topic 1 The project is half way through the schedule and the steering committee has approved a change request to add additional functionality to the program. The project managers NEXT step is to: A. crash the schedule. B. do an impact analysis. C. look for ways to save money. D. update the project plan. Answer : D Question No : 82 - Topic 1 A coworker approaches the project manager regarding a project team members prior work ethic. Which of the following is the BEST approach for the project manager to address the information presented? A. Do not act on the information presented SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs B. Ask the resource manager for another resource C. Discuss the issue with human resources D. Confront the resource manager about the risk Answer : A Question No : 83 - Topic 1 Senior executives within a company have noticed an increasing number of projects failing to deliver to requirements. Which of the following project governance methods will help to meet this need? A. Phase gate approval B. Project phase transition C. ISO standards compliance D. Audit trail Answer : A Question No : 84 - Topic 1 A project has been running for four months. The planned value to this point is $100,000. The actual cost is an average of $30,000 per month. Earned value is $90,000. Which of the following is the current cost performance index? A. 0.75 B. 1.25 C. $20,000 over budget D. Not enough detail to determine Answer : A Question No : 85 - Topic 1 It is the first week after a project kick-off. The project team is not making much progress on decisions needed and are disagreeing with each other. Which of the following represents the team's current stage? A. Storming B. Norming C. Forming D. Performing SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : A Question No : 86 - Topic 1 Once a project manager has been assigned, which of the following would the project manager do NEXT? A. Develop task assignments B. Finalize the project charter C. Draft a communications plan D. Conduct risk analysis Answer : B Question No : 87 - 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 projects total cost because they both refer to resources assigned by the project sponsor Answer : A Question No : 88 - Topic 1 Which of the following plans would include provisions for extended project support and warranties? A. Procurement B. Transition C. Quality management D. Cost management Answer : B SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Question No : 89 - 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 Question No : 90 - Topic 1 Which of the following risk responses would be characterized by having knowledge of a risk event and taking advantage of the risk? A. Accepting B. Enhancing C. Exploiting D. Sharing Answer : C Question No : 91 - Topic 1 A project charter should allow the approver to easily identify which of the following? A. The specific budget needed to complete the project. B. How the risk management plan will be mitigated. C. The project’s problem statement. D. How the resources for the project will be assigned. Answer : C Question No : 92 - Topic 1 Which of the following tasks is essential to update a critical production component prior to project delivery? SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs A. Perform post-change testing B. Release project costs C. Receive vendor sign-off D. Initiate change control process Answer : D Question No : 93 - Topic 1 A project manager will initially baseline a project when: A. change requests are approved. B. stakeholders request project initiation. C. creating a project charter. D. tasks and estimates have been identified. Answer : D Question No : 94 - Topic 1 Which of the following types of organizational structures groups personnel by both functions and projects? A. Project based B. Virtual C. Functional D. Matrix Answer : D Question No : 95 - Topic 1 A project manager has been presented a set of documents containing why a project is needed, how it fits in with the company objectives, and the revenue that will be generated by the product. Which of the following has the project manager just received? A. A business case B. A charter C. Key project deliverables D. Project objectives SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Answer : A Question No : 96 - 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 Question No : 97 - Topic 1 The project manager has completed an impact analysis on a proposed change request. Which of the following is the BEST action for the project manager to take NEXT? A. Review the budget contingencies to see if the cost increase will be covered. B. Ask the project sponsor if the change is approved. C. Schedule a meeting to discuss the change with stakeholders. D. Consult the project team to determine the magnitude of the change. Answer : C Question No : 98 - Topic 1 An active project has an EV of 50,000, an AC of 45,000, and a PV of 50,000. Which of the following represents the current project CPI? A. .9 B. 1 C. 1.1 D. 5000 Answer : C Question No : 99 - Topic 1 SHOW COMMENTS SHOW COMMENTS SHOW COMMENTS 0 0 0 5/10/2018 PK0-003 - CompTIA Practice Exam Questions - 100% Free | Exam-Labs Which of the following is a document used iteratively during a project to capture strengths and weaknesses? A. Quality plan B. Scope document C. Lessons learned D. Business impact analysis Answer : C Question No : 100 - Topic 1 Two project resources have been involved in several heated arguments based on approaches to meet project requirements. The first resource is convinced that the requirement is invalid, whereas the second resource believes that the requirement is valid but should be solved a certain way. As a project manager, which of the following is a suitable conflict resolution approach to attempt to remedy the situation? A. Attempt smoothing and negotiation techniques B. Threaten to report both employees to HR due to bullying C. Make an executive decision as the project manager D. Escalate the matter to the project sponsor Answer : A Topic 2, Exam Set 2 Get in touch with with us Find us on social media  Facebook  Google +  Twitter  YouTube  Blog  © All pages Copyright to 2016 by . All rights reserved. Materials do not contain real or actual questions and answers from CompTIA Certification Exams. 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