CompTIA PK0-003 Online Practice Questions and Exam Preparation

CompTIA PK0-003 Online Questions & Answers

• Question 11:

  A project needs software. After analyzing the choices, it is determined that if made in-house, it will cost $100,000. However, if the software is purchased, the cost would be $25,000. After reviewing the successful implementations in the past, if made in-house, there is a 20% chance that $30,000 would be spent on bug fixes. If the software is purchased, there is a 70% chance that $200,000 in training and customizations would be required. Which of the following reflects the expected monetary value of purchasing the software?

  A. $106,000
  B. $157,500
  C. $165,000
  D. $225,000
  C. $165,000

• Question 12:

  When forming a project team, there are a number of phases. When a project team is productive and effective this phase is known as which of the following?

  A. Forming
  B. Norming
  C. Performing
  D. Storming
  C. Performing

• Question 13:

  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
  B. Matrix management

• Question 14:

  Which of the following is also known as a fishbone diagram?

  A. Histogram
  B. Ishikawa diagram
  C. Pareto diagram
  D. Run diagram
  B. Ishikawa diagram

• Question 15:

  While in an operations meeting, the project manager hears that a new enhancement is being released that will impact the agreed upon scope. Which of the following should the project manager do NEXT?

  A. Identify the issue, perform an analysis, and create a change request
  B. Log the change and communicate it to the project team
  C. Inform the sponsor while allowing the change to continue
  D. Stop the development, communicating that changes have to be approved
  A. Identify the issue, perform an analysis, and create a change request

• Question 16:

  A project team has determined that all status reports will be sent via email. Which of the following components of the project plan documents this information?

  A. Status report plan
  B. Communication plan
  C. Discussion plan
  D. Decision log
  B. Communication plan

• Question 17:

  Which of the following types of document formally authorizes and defines the scope of a project?

  A. A project approval
  B. A project charter
  C. A project deliverable
  D. A project milestone
  B. A project charter

• Question 18:

  The project team determined that using a multipoint estimate is more appropriate than single point estimate. Which of the following network diagram methods would be MOST appropriate?

  A. GERT
  B. Critical chain
  C. PERT
  D. Critical path
  C. PERT

• Question 19:

  A project manager is using historical data from multiple projects to estimate activity durations. Which of the following network diagrams would BEST allow for the utilization of the information available?

  A. CPM
  B. GERT
  C. CCM
  D. PERT
  D. PERT

• Question 20:

  A chart of accounts is included in which of the following plans?

  A. Quality management
  B. Cost management
  C. Risk management
  D. Procurement management
  B. Cost management