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2021 Apr PK0-003 practice test
Q41. - (Topic 2)
In a project manager’s status report, it shows an earned value of $40,000 and actual costs of $39,000 with a planned value of $55,000. Which of the following is the Cost Performance Index (CPI) of this project and is it ahead or behind schedule?
A. CPI = 1.38, ahead of schedule
B. CPI = 0.72, behind schedule
C. CPI = 1.03, behind schedule
D. CPI = 0.98, ahead of schedule
Answer: C
Q42. - (Topic 3)
Approval from which of the following entities is required to make a project charter valid?
A. Accounting
B. Project sponsor
C. Developer
D. Legal
Answer: B
Q43. - (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
Q44. - (Topic 3)
Which of the following would MOST likely require Change Control Board approval?
A. Change to project team
B. Change to project scope
C. Change to project design
D. Change to project stakeholders
Answer: B
Q45. - (Topic 3)
A qualitative risk matrix is a weighted measurement of each identified risk based upon:
A. probability and risk score.
B. impact and cost.
C. probability and impact.
D. cost and schedule impacts.
Answer: C
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Q46. - (Topic 3)
A project manager in a functional organization is concerned about resource availability on an upcoming project. Which of the following documents will assist the project manager in formalizing resource requirements as part of the project management plan?
A. Communication management plan
B. Responsibility assignment matrix
C. Network diagram
D. Issue log
Answer: B
Q47. - (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
Q48. - (Topic 3)
In a strong matrix organization, the project manager should secure a resource’s availability with which of the following?
A. The project management office
B. The resource’s manager
C. The human resource manager
D. The resource
Answer: B
Q49. - (Topic 2)
Given the following activity:
Provide details of errors within the software that occur during verification testing that provide enough evidence that allows the software developers to resolve the errors.
Which of the following components is this known as within the quality management plan?
A. Quality control
B. Quality metrics
C. Quality baseline
D. Quality assurance
Answer: A
Q50. - (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
