PK1-003 Online Practice Questions and Answers

Senior executives within a company have noticed an increasing number of projects failing to deliver to requirements. Which of the following project governance methods will help to meet this need?

A. Phase gate approval

B. Project phase transition

C. ISO standards compliance

D. Audit trail

Which of the following techniques is premised by a relatively small number of causes resulting in the majority of defects?

A. Law of averages

B. Six sigma

C. Pareto analysis

D. Ishikawa diagram

When evaluating project management risks, which of the following methods is being used if risk identification is difficult and time-consuming?

A. Quantitative analysis

B. Narrative analysis

C. Qualitative analysis

D. Probability analysis

A change request has been identified and submitted to the Change Control Board for approval. After gaining approval, which of the following should occur NEXT?

A. Document using the appropriate change control forms

B. Update the project plan components

C. Request a meeting with the project sponsor

D. Perform impact analysis

A project team is reviewing the deliverables and identifies a deliverable no one on the team has experience with. The lack of expertise is identified as a risk. The project manager decides, as a workaround, to contract with a third party. This type of risk response is called:

A. Transference.

B. Avoidance.

C. Monitor and Prepare.

D. Acceptance.

Which of the following is a zero time activity?

A. Milestone

B. Critical path

C. Deliverable

D. Work package

During a project, which of the following shows when risks should be reassessed?

A. A risk reassessment should occur at project closeout

B. Risks should be reviewed during lessons learned

C. Throughout the project lifecycle

D. When a risk has become an issue and has to be acted upon

An organization's quality control team has informed the project manager that a project deliverable is not within specifications. Which of the following tools would be the MOST useful to determine the most common issues?

A. Key Performance Indicators

B. Scatter Diagram

C. Pareto Chart

D. SWOT Analysis

-- Exhibit?

-- Exhibit -

Click on the Exhibit button. Which of the following is the float of the path: start-A-D-end?

A. Zero

B. One

C. Five

D. Nineteen

After a change control board meeting, which of the following actions should the project manager do NEXT?

A. Notify the requester of the verdict.

B. Review the impact of proposed change.

C. Update the project scope statement.

D. Document the specific change request.