PK0-004 Project+ BEST STUDY GUIDE 2021/2022

A milestone task on the critical path has been completed. which of the following should the project manager notify? A owner of predecessor task B project team C project sponsor D project steering committee correct answer- C During a project assessment, a project manager determines the initial project cost estimates were incorrect oh, and there is not enough budget left, including reserves, to complete the project. Which of the following actions should the project manager take? A alert the project sponsor of the situation B contact the customer and request more funding C announce the project will end due to lack of funds D attempt to save money in downstream activities correct answer- A Which of the following is the primary purpose of an MOA or an mou? A State expectations of all signatory parties to reduce potential misunderstandings B facilitate potential legal action and resulting remediation if one of the signatory parties violate any terms C enumerate a detail code of conduct for all employees, contractors, and subcontractors participating in the program. D provide transparency to competitors regarding all signatory parties correct answer- A two team members have concluded that documentation is not required due to the size of the current project. The project manager has encouraged them to align strictly with the process. which of the following conflict resolution techniques has the project manager utilized? A smoothing B forcing C compromising D avoiding correct answer- B The client accepts the critical design review. which of the following meetings should be held to move to the next step in the project? A execution B kickoff C closure D planning correct answer- B A project manager is working on the project charter. Which of the following phases does this describe? A initiation B planning C execution D closing correct answer- A A project in the execution phase is over budget, and tasks on the critical path are on schedule. Which of the following should the project manager do next? A update the project management plan B issue a change request C revise the project charter D evaluate the impact to the baseline correct answer- D Several team members report that meeting objectives are not being met. which of the following documents would a project manager free to make team meetings more effective? Choose two 1 create an s o w prior to each meeting and adhere to it 2 create a meeting agenda prior to each meeting and adhere to it 3 create a lessons learned list prior to each meeting and adhere to it 4 create a project charter prior to each meeting and adhere to it 5 create an action item list during the meeting and adhere to it 6 create a corrective action plan prior to each meeting and adhere to it 7 create a WBS prior to each meeting and adhere to it A 2,5 B 1,4 correct answer- A Which of the following documents should be used prior to high-level recording to key stakeholders? A dashboard B communication plan C statement of work D project charter correct answer- A A new project charter is being drafted. which of the following would be the best source for the high-level project requirements? A sponsor B project manager C project management office D project team correct answer- A Which of the following project document should be used to record the occurrence of an unplanned event? A action log B risk log C change log D issue log correct answer- D Which of the following documents does offender rely most before committing funding and resources to a project? A SOW B PO C SLA D MOU correct answer- A which of the following measurements would give the project manager the best estimate of the total cost of an active project? A EAC B BAC C TCPI D ETC correct answer- A A customer will have ongoing changes to project requirements. which of the following is the best project management methodology for this requirement? A waterfall B agile C PRINCE2 D BOTTOM UP correct answer- B Which of the following describes risk mitigation? A the transfer of the risk to another entity or project inside or outside the organization, along with the associated costs. B the understanding of the risks with a detailed explanation and how to project intends to address the potential for occurrence. C the quantification of the risk in terms of how much the risk of potentially cost the project or parent organization. D The waiting or privatization of the risk against all of their identified risks within this project or others associated with it. correct answer- B Which of the following is a definition of an RFP? A a document sent to potential vendors to solicit a bid for a project. B a document sent a potential vendors to request information for skills and experience for a project. C a document sent to potential vendors to request a commitment for a project. D a document cents potential vendors to solicit information that excludes pricing information for a project. correct answer- A A customer has requested additional features for an active project. which of the following steps should take place next? A implement the requested changes B evaluate the impact of the changes C update all project documents D submit the requested changes to the CCB correct answer- B A project manager has an opportunity to add highly skilled expert to the team who can increase the probability of the project success. which of the following risk strategy should the project manager adopt? A exploitation B avoidance C acceptance D mitigation correct answer- A A project manager is assigned to a new project that must start immediately. no formal or approve documents have been authored for the project. the project manager must identify project roles, justify the business need, and determine project scope boundaries. Which of the following documents to the project manager create? A business case B project charter C scope statement D project management plan correct answer- B Which of the following individuals is most likely to be a key stakeholder for the product launch phase of the project? A sales clerk B marketing representative C team lead D product item correct answer- B During the execution phase of a project a project task has grown longer than anticipated. Which of the following is the new critical path of the project task 2 requires an additional two days to complete? A 12 days B 14 days C 16 days D 19 days correct answer- D Project manager who is part of a global team wants to have a team-building meeting and decides to hold a video conference. which of the following is most likely to be the main challenge and that influences this decision? A geographical factors B language barriers C cultural differences D technology factors correct answer- A A project team member highlights to the project manager that expensive licensing for critical software in use across the project May expire before the completion of the project. Which of the following would the project manager most likely do? A place a risk on the risk register and a range of risk review with the appropriate stakeholders to accept and or mitigate the risk B raise a purchase order to purchase the licensing and ask the team member to install it. C amend the project scope and raise a project change request to obtain approval of the amendment D amend the project schedule and work breakdown structure it remove the use of the software from the project correct answer- A Evander is unable to deliver order by the specified date. which of the following should be the project managers next steps? Choose two 1 the project manager should notify the affected project team and if necessary adjust the schedule because the project could potentially encounter delays 2 the project manager should notify the project sponsor to update the schedule in the documentation because the project could potentially encounter delays 3 the project manager should update the project management plan in the documentation to reflect the reason for the possible the delay in the project timeline 4 the project manager should update the project management plan in the documentation to reflect the reason for the possible delay in the project timeline. 5 the project manager should update the procurement plan and action items to reflect the possible delay in the project timeline A 1,3 B 1,4 correct answer- B a project manager received a change request, immediately documented to require changes, and evaluated the impact of and justification for the changes. Which of the following should the project manager do next? A gained approval for the changes. B identify the approval authority C implement the changes D create an emergency change request correct answer- A A project team is mainly based in the metropolitan area. The team also has members in a remote area, where internet access is limited and unstable. Which of the following factors would most likely influence the communication methods used in the project? A personal preferences B technological factors C language barriers D cultural differences correct answer- B a project manager noticed the development team supporting a project does not have sufficient skills to complete the development phase. The project manager has discussed this issue with the functional manager and agreed to continue with the development face due to time restrictions. Which of the following strategies is the project manager applying? A accepting B mitigating C avoiding D transferring correct answer- A a business has implemented a new online performance Management tool that allows functional and project managers to rate employees online. This action is known as which of the following? A business process change B organizational change C internal reorganization D business continuity planning correct answer- A A project manager needs to track the actual and estimated start and finish dates of all WBS work packages. Which of the following is a necessary step to record the actual durations? A establish each WBS work package resource B establish and set the baseline C establishing set the quality gates D established the tollgates correct answer- B Which of the following describes how a project is related to a program? A a program is a combination of multiple projects. B a program contains an element of the project C a program is a part of a project D a program uses half of the project budget correct answer- A Which of the following are examples of organizational change? Choose two 1 relocation 2 scope 3 business process 4 schedule 5 risk event A 1,3 B 1,2 correct answer- A A project manager needs to identify the resources assigned to a particular task In which of the following documents can this information be found? A project schedule B cost plan C scope statement D impact assessment correct answer- A a project manager provide status reports to a customer on a biweekly basis, but the customer is very busy and only has a few minutes to review the project. Which of the following are critical for the project manager to provide? A cost, schedule, organizational chart, and risks issues B risks issues, cost, raci chart, and action items C schedule, cost, risks issues, and milestones D action items, organizational chart, schedule, and NDA correct answer- C during the execution phase, the project manager discovered that the testing phase is dependent on completion of the vendors tasks. The project team has just informed the project manager their activities are almost complete, and they would like permission to begin testing. The vendor is not scheduled to deliver the products for two months. Which of the following should have occurred to prevent this issue? A during the planning phase, the project manager should have recognized the relationship between defenders and project teams tasks and adjusted the schedule for the project team to begin activities two months later. B the project manager should have crashed the schedule for the vendor at to keep it at the same workplace as the rest of the project team. C during the project teams regular status meeting with the vendor, the project team should have informed the vendor that the team was ahead of schedule and to speed up their work. D during the project team regular status meeting with the vendor, the vendor she had informed the project team that it required another two months and to slow down correct answer- B a project coordinator logs potential events that can affect project constraints and then record the results of brainstorming of potential strategies. Which of the following documents should the project coordinator use? A risk register B issue log C communication plan D status report correct answer- A a new project sponsor has joined the project team, and the constraints on the project have been reprioritize. The project cost was previously the most important factor, but the new sponsor has indicated that meeting a new, shorter deadline is the priority. Which of the following effects is this most likely to have on the project? A the deliverables and quality will remain the same, but the cost will increase B the deliverables and quality will remain the same, but the cost will decrease C the deliverables and cost will remain the same but the quality will increase D the cost and quality will remain the same, but the deliverables will increase correct answer- A a project has fallen behind schedule. Upon investigation, the project manager determines that team members has implemented requirements delayed via impromptu hallway meetings with the client. Which of the following should the project manager do to resolve this issue? A update the scope management plan B modify the project baseline C implement change control Management D inform the stakeholders of the issue correct answer- D the key stakeholders have reported the project case as being slow. The project sponsor would like to cancel the project if it cannot be completed before the end of the year. The drive is scheduled to be completely at 3 months after the requested date. to alter the pace of the project, which of the following should the project manager do first? A give approval for the change requested by the project sponsor B deny the request from the project sponsor C document the change request from the project sponsor D ask the project sponsor to change request correct answer- C Which of the following is a schedule that illustrates the duration of an activity? A process diagram B ishikawa diagram C Gantt chart D Pareto chart correct answer- C Team members have reported that meetings are poorly attended and unproductive. which of the following steps can the project manager take to make the meetings more productive? A discontinue to meetings with the poorest attendance B decrease the length of the meetings C distribute an agenda before each meeting D document team member attendance number and report it to management correct answer- C due to a new government regulation a project changes required. The project manager evaluates the change in realizes a representative from the legal department will need to approve change as well The project manager should A follow the change process flow and notify the legal department after the changes implemented B extend a formal invitation to the legal department representative to join the CCB C hold a separate meeting with the legal department representatives and ask for approval D notify the legal department representative in the event of an upcoming audit correct answer- B A customer ask the project manager if a small change could be made during the delivery phase. The project manager does not agree to the change. Which of the following is the most likely reason? A established communication plan B scope creep C resource constraints D iterative approach correct answer- B In which of the following organizational structures would a project manager have the most authority? A projectized B strong matrix C balanced matrix D functional correct answer- A a project team is composed of numerous team members who are located throughout a country. All personnel have identified for business hours. A team engineer base in a machine shop has a question during business hours for the project manager, it was located at a different facility. Which of the following is the most expedient communication method, assuming the question can be resolved quickly? A email B social media C text messaging D face to face correct answer- C A new stakeholder has joined the project team and has requested modifications that will result in minor changes to the project budget and schedule. The project manager is concerned that the request will lead to A quality control issues B additional risks C scope creep D time constraints correct answer- C A vendor has accepted a proposed project from a customer. which of the following is most likely to be the first document created by the project manager? A project charter B project management plan C project statement of work D project schedule correct answer- C A project manager has noticed poor attendance as status meetings. which of the following strategies should the project manager used to improve attendance? Choose two 1 provide an agenda before the status meeting 2 adhere to an agenda and schedule time 3 Add non project related items to the agenda 4 add and discuss new items throughout the meeting 5 discard the action items at the conclusion of the meeting A 1,3 B 1,2 correct answer- B Which of the following events would most likely trigger communications to the largest audience for a given organization? A business continuity response B quality audit C replacement of a subcontractor D completion of a task correct answer- A if a project sponsor wants to know the current status and progress of the project which of the following is the best approach to find this information? A the project sponsor should have came the current status from team members, put it into a presentation, and present to the project manager for review B the scheduler should have changed the current status from team members, apply it to the baseline of the schedule, and run a report C scheduler should obtain the current status from team members, update the project charter, project management plan, dashboard, and sow, and then create a status report to provide to the project manager. D the scheduler should obtain the current status from team members, update the risk register, and provide the information to the project champion 4 review correct answer- B two team members completely disagree on how to complete a specific task. The project manager observes the conflict that takes no immediate action. Which of the following techniques is the project manager using? A compromising B smoothing C withdrawing D accepting correct answer- C an agreement document that is intended to prevent two or more organizations from sharing specific, confidential information with anyone but each other is called A an RFP B an NDA C an SLA D an mou correct answer- B which of the following is the most likely target audience to be notified of the achievement of a key milestone in a project schedule? A project manager and project scheduler B project coordinator and project sponsor C project champion in project scheduler D project stakeholders and project team correct answer- D An authorized change to a construction project was implemented. During the modification, the team identified a defect in which the change caused the building power output to be outside the KPPs. Which of the following actions should the project manager take? A submit a new change request B initiate the regression plan C add remediation to the schedule D except the new power output correct answer- B A governance committee has just approved any project. The project scheduler is now developing the project schedule. Which of the following activities should be done first? A add durations B add the start and finish dates C add tasks D add resources correct answer- C a company has hired a new project manager. The pmo has briefed the new project manager on the following expected responsibilities for projects -coordinate project schedule -manage to the triple constraint -provide performance feedback to team members managers which of the following types of organizational structures did the new project manager most likely join? A balanced matrix B strong matrix C functional D projectized correct answer- D Which of the following shows the projected project expenditures? A work breakdown structure B cash flow schedule C cash burn rate D budget milestone correct answer- A A project manager wants to introduce the practice of a WBS to the pmo, but the other managers believe this will create extra work. Which of the following would best communicate the need for a WBS to the other managers? Choose two 1 using the WBS will help prevent work from slipping or being forgotten 2 the WBS will be required on very large projects 3 the WDS will be required if the project manager has the time available to complete it 4 a WBS will aid in determining which resources are required for the project 5 the WBS is the best way to determine risks of the project A 1,4 B 2,3 correct answer- A a team member was assigned a new task during the meeting the team member did not complete the task by the end of the face, and the p.m. is looking for evidence to escalate the issue. Which of the following documents could help in this situation? A issue log B action items C dashboard information D communication plan correct answer- A During the budgeting process, you might set aside a certain amount of funds to cover the cost of possible adverse project events. What are these funds known? A Appraisal costs B Contingency reserves C Prevention costs D Management reserves correct answer- B During the planning process, a project scope document provides a description of the work necessary to complete a project. Which of the following components would be included in the project scope document? Each correct answer represents a complete solution. Choose all that apply. 1 Gantt charts 2 Project constraints 3 Detailed project objectives 4 Key performance indicators (KPIs) A 1,2,3 B 2,3,4 correct answer- B Which of the following will have the largest effect when there is an increase in the project scope, but the project schedule remains the same? Each correct answer represents a complete solution. Choose all that apply. 1 Project cost 2 Project milestone 3 Project completion date 4 Project quality A 1,4 B 2,3 correct answer- A What is the critical path of the diagram in the figure below? The figure shows a network diagram in which 7 boxes are shown, represented as Task A, Task B, Task C, Task D, Task E, Task F, and Task G. In the figure, Task A: 10 Days points to Task B: 24 Days, Task C: 3 Days, and Task E: 9 Days. Task B: 24 Days points to Task D: 2 Days, Task C: 3 Days points to Task D: 2 Days, and Task E: 9 Days points to Task F: 16 Days. Task D and Task F point to Task G: 5 Days. A A-B-D-G B A-C-D-G C A-E-F-G D A-B-D-F-G correct answer- A Which of the following uses weighted average to determine the project duration and forecast the project schedule with a high degree of reliability? A SPI B Gantt C PDM D PERT correct answer- D Which of the following is a measure of project cost efficiency? A Budgeted cost of work scheduled (BCWS) B Cost performance index (CPI) C Actual cost (AC) D Cost variance (CV) correct answer- B You work as a project manager for uCertify Inc. You find that one of the team members always listen to music during work hours. However, this activity of team member has not affected his performance in the project. Which of the following conflict resolution techniques should you use under this scenario? A Confronting B Forcing C Compromising D Smoothing correct answer- D Which of the following describes responsibilities of a project sponsor? A Monitor the delivery of major milestones B Provide or obtain financial resources C All of these D Negotiate support from key stakeholders E Run interference and remove roadblocks correct answer- C During which of the following project phases is a business case created? A Monitoring and controlling B Executing C Initiating D Planning correct answer- C Given the following values: PV = 85, AC = 83, and EV = 81, what's the SV? A -2 B .95 C -4 D .98 correct answer- C Which process involves obtaining responses from vendors to complete project work, as documented in the SOW? A Procurement planning B Bidder conference C Solicitation D Vendor selection correct answer- C All of the following are true regarding dashboards except for which one? A They are a type of performance report. B They usually have indicators such as red-yellow-green for a quick, at-a-glance status check. C They document work expected to be completed during the next reporting period. D They are a type of status report. correct answer- C You're a new project manager for your company. The previous project manager left abruptly. While reviewing your predecessor's last project, you find that the project scope document is poorly formulated and missing several key requirements. What's your next step? A Add the new requirements to the scope document, and discuss it at the next project status meeting. B Ask that the project be killed. C Notify and meet with the sponsor. D Write up the additional requirements, and ask the sponsor to approve. correct answer- C Which of the following calculates the longest path and controls the finish date of the project? A RACI B PDM C WBS D CPM correct answer- D Which of the following includes the business need for the project, project objectives, and project deliverables? A Statement of work B Requirements document C Scope statement D Dashboard information correct answer- B Which of the following risk response strategies monitors the probability or impact of the risk event to assure benefits are realized? A Mitigate B Enhance C Accept D Exploit correct answer- B Which of the following is defined as the value of the work completed to date? A EV B AC C CPI D PV correct answer- A Your team has settled into day-to-day interactions and everyone is comfortable with their team positions. You make decisions jointly, and team members show mutual respect for each other. Which stage of team development does this scenario represent? A Storming B Forming C Performing D Norming correct answer- D What will happen when a change control board approves a change request that would decrease a project's schedule by 30 days without altering its scope? A Project cost will increase. B Project quality will increase. C The number of project resources will decrease. D Workload will decrease. correct answer- A Which of the following processes documents formal acceptance of project work and hands over the completed product to the organization for ongoing maintenance and support? A Executing B Planning C Closing D Monitoring and controlling correct answer- C Which of the following is an agreement that outlines specific performance criteria or other actions between two or more parties? A SLA B NDA C MOU D PO correct answer- C Which of the following activities are related to a project's closing process? Each correct answer represents a complete solution. Choose all that apply. 1 Review of lessons learned 2 Identifying project plan variances 3 Signing off project documents 4 Archiving of project documents A 1,3,4 B 1,2,4 correct answer- A You work as a project manager in your organization. You report to the director of project management, and your team members report to their areas of responsibility (accounting, human resources, and IT). You have complete control of the project team's assignments once the project is underway. Which organizational structure does this scenario describe? A Project-based B Projectized C Functional D Weak matrix correct answer- B Which of the following are the three types of project selection methods that are considered economic model methods? Each correct answer represents a complete solution. Choose all that apply. 1 Scoring model 2 Internal rate of return 3 Payback period 4 Discounted cash flow 5 Cost-benefit analysis 6 Net present value A 1,3,5 B 2,4,6 correct answer- B