PK0-004 Online Practice Questions and Answers

A project manager is justifying a required change with the associated impact on the project.

Which of the following is the NEXT step?

A. Implementation

B. Approval

C. Validation

D. Auditing

A company decides to give a large section of its development project to another firm to manage and complete because that firm has the appropriately skilled resources to execute the work. This approach is referred to as:

A. Resource leveling

B. Staff Augmentation

C. Work relocation

D. Outsourcing

Which of the following is a reason for assessing risk in a project?

A. To identify new tasks

B. To shorten the project timeline

C. To avoid rework

D. To establish a budget

Which of the following risk strategies prevents a risk from impacting a project?

A. Accept risk

B. Mitigate risk

C. Avoid risk

D. Transfer risk

A PM is asked to keep the Chief Information Officer (CIO) informed of a project's health at a high level on a daily basis. Which of the following is the BEST way for the PM to provide this information?

A. Status report

B. Meeting minutes

C. Dashboard

D. Email

A project facilitator is working within a large project team that includes 36 members representing different organizational groups. The current communications plan calls for full status updates to be emailed to the whole group twice per week. Which of the following factors should be considered FIRST when communicating with this group?

A. Providing all parties with frequent updates keeps the team on the same page as the project moves forward.

B. The large team may be dispersed over different time zones, preventing the team from receiving the status updates at the same time.

C. The frequency, method, and level of detail provided should be different for each target audience.

D. All team members receive the same level of detail, ensuring the accuracy of the status updates

A project team is creating a new product, and stakeholders are having a hard time understanding the product.

Which of the following should be sent to the stakeholders?

A. Printed sketches and potential uses

B. Memo outlining high-level requirements

C. Sponsor mandate for the product

D. Link to the project's intranet site to review status reports

A project manager needs to determine resource availability to assign the resources to project tasks.

Which of the following will the project manager MOST likely use?

A. Resource calendars

B. Project calendar

C. Staffing management plan

D. Conflict resolution

A project team is brainstorming and documenting what might go wrong in a project, the possible impact, and potential actions should certain situations arise.

Which of the following contains actions the team is MOST likely to consider?

A. Identify, collaborate, quantify

B. Accept, mitigate, transfer

C. Stop, review, plan

D. Prioritize, qualify, engage

Which of the following is the burn rate of a project?

A. The amount of project staff turnover over time

B. The positive cash flow of the project for the organization over time

C. The amount of expenditures supporting the project over time

D. The amount of capital spent to ensure quality of the project deliverables