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2021 Mar PK0-003 exam question
Q61. - (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
Q62. - (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
Q63. - (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
Q64. - (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
Q65. - (Topic 3)
Which of the following describes when an RFI is BEST used?
A. When the requestor is in the early stages of a make or buy decision.
B. When the pool of potential vendors is very large.
C. When the requestor has a fixed budget for the project.
D. When the scope of the requirements is well defined.
Answer: A
Renewal PK0-003 pdf exam:
Q66. - (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
Q67. - (Topic 2)
A project just came to an end. The project manager is about to start the lessons learned session with the project team. On which of the following will the project manager need to focus the attention of the project team?
A. Strengths and weaknesses
B. Summary of costs
C. Final performance review
D. Transition plan
Answer: A
Q68. - (Topic 3)
A project manager is preparing a quarterly executive review. Which of the following tools would be BEST for the project manager to use?
A. Network diagram
B. Milestone chart
C. Flow chart
D. Ishikawa diagram
Answer: B
Q69. - (Topic 2)
Which of the following represents the difference between the planned budget and the final cost to complete the project?
A. ETC
B. BAC
C. EAC
D. VAC
Answer: D
Q70. - (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
