PK0-004 : CompTIA Project+ : Part 09

PK0-004 : CompTIA Project+ : Part 09

1. A project team has finished creating a WBS and started developing a schedule. The team should FIRST determine the:

   • durations.
   • tasks.
   • critical path.
   • resources.

2. A team has been assembled and assigned a project to reduce recent, unanticipated production cost overruns. Which of the following tools should the project team select to determine the possible origins of the increased costs?

   • Pareto chart
   • Fishbone diagram
   • Process diagram
   • Run chart

3. A project has a ВАС of $850,000. The project manager has identified and documented that certain key applications were not included in the scope management plan. As reported, the CPI is 0.8, and the PMO allows only a 5% additional increment to the planned budget. Which of the following should the project manager do NEXT?

   • Add the required work to complete the project behind $892,500.
   • Evaluate the impact and justify adding new work to the project.
   • Obtain approval from the CCB.
   • Request a budget increase of $170,000.

4. A project manager is releasing resources and archiving documents. Which of the following phases is the project MOST likely in?

   • Initiation
   • Planning
   • Monitor and control
   • Closing

5. A project team added a new member who has proprietary information about a competitor’s product. The team member was suddenly removed from the project. Which of the following MOST likely occurred?

   • The company received a C&D.
   • A higher-priority project needed the expertise.
   • The new member did not sign an NDA.
   • An SLA prevented new team members.

6. In which of the following categories does a business process change fit?

   • Project change
   • Organizational change
   • General change
   • Departmental change

7. A project manager is trying to explain to a stakeholder why projects are progressively elaborated upon. Which of the following is the BEST explanation?

   • In the beginning, projects entail a degree of uncertainty that needs to be specified.
   • In the beginning, projects have start and finish dates that require elaboration.
   • In the beginning, projects are part of a program that requires coordination.
   • In the beginning, projects start with detailed inputs that need to be explained.

8. A change must be made to a project to comply with municipal code. The project manager updates the relevant shared project documents. The key stakeholders subsequently update the documents with new information. When the project deliverables are reinspected, they fail the inspection. Which of the following is the MOST likely reason for the failed inspection?

   • There were insufficient resources assigned to the task.
   • The prior document version was not reviewed.
   • Version control processes were not applied.
   • The CCB was not contacted.

9. A project manager has received a change order that will reduce a project’s timeline and budget. However, the change order also indicates the goals and deliverables of the project must remain unchanged. Which of the following is the MOST logical impact to the project?

   • The reduced timeline will impact the quality of the deliverables because the amount of time to test will be reduced.
   • The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.
   • The reduced timeline will decrease risk, resulting in an increased contingency reserve.
   • The reduced budget will cause the project manager to reject the change order.

10. A risk with a high probability and medium consequence to a project has been identified. In response, the project manager has purchased an insurance plan with the intent to provide additional funds if the risk is realized. There is no risk to the schedule or scope. Which of the following types of risk strategies is this an example of?

    • Accept risk
    • Transfer risk
    • Mitigate risk
    • Exploit risk
    • Avoid risk
    Explanation
    “Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on”

    Excerpt From: Kim Heldman. “CompTIA Project+ Study Guide.” iBooks.

11. Which of the following is described as placing responsibility for addressing the potential effects of an uncertain future event on an entity outside the organization?

    • Risk avoidance:e
    • Risk transfer
    • Risk exploitation
    • Risk mitigation

12. Team members have reported poor sound quality during critical, time-sensitive conference calls. Which of the following may be a more effective means of communication?

    • One-on-one meetings
    • Project wiki
    • Text messages
    • Social media

13. A project manager is creating the monthly report for top management. The project manager has collected the information below:

    AC = 100
    PV = 80
    EV = 120

    Based on this information, the CPI reflects which of the following about the project?

    • It is under budget.
    • It is over budget.
    • It is ahead of schedule.
    • It is behind schedule.
    Explanation
    “The cost performance index (CPI) is calculated this way:
    CPI = EV / AC”

    Excerpt From: Kim Heldman. “CompTIA Project+ Study Guide.” iBooks.

14. In a project with a ВАС of $235,000, the CPI is 0.80, and the SPI is 1.20. Based on this information, which of the following can the key stakeholders determine about the project?

    • The project is under budget and ahead of schedule.
    • The project is over budget and ahead of schedule.
    • The project is under budget and behind schedule.
    • The project is over budget and behind schedule.

15. Which of the following risk strategies is represented by the purchase of insurance?

    • Mitigate
    • Accept
    • Transfer
    • Avoid
    Explanation
    “Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on”

16. Which of the following is a team-building stage that involves the team learning to trust one another’s abilities and begin working together as a productive group?

    • Norming
    • Forming
    • Storming
    • Performing
    Explanation:
    Norming is where things begin to calm down. Team members know each other fairly well by now. They’re comfortable with their positions in the team, and they begin to deal with project problems instead of people problems. “Decisions are made jointly at this stage, and team members “exhibit mutual respect and familiarity with one another.

17. 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?

    • Forming
    • Norming
    • Performing
    • Storming

18. The business stakeholder has been engaged late and has just had a chance to review the approved requirements. Consequently, it has been identified that there are a number of gaps in the requirements which are critical to the stakeholders’s business unit.

    Which of the following actions should the project manager take?

    • Initiate change control.
    • Follow communications plan.
    • Manage project quality.
    • Prepare a performance report.

19. A project has just finished performance testing and found that the application can only handle 100 concurrent users where the requirement was to handle 500 concurrent users.

    In which of the following components of the project plan should this be documented?

    • Scope statement
    • Issues log
    • WBS
    • Change form

20. A project team has determined it will need to source data from a system that was not part of the project scope.

    The role of the project manager is to analyze which of the following impacts?

    • Technical design, schedule, and budget
    • Business process impacts and resourcing
    • New software and hardware requirements
    • Schedule, budget, and quality