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April 20, 2017

Most up-to-date PK0-003 exams Guide

Q91. - (Topic 3) 

All of the following are characteristics of a project EXCEPT that it: 

A. is managed by consensus. 

B. is a temporary endeavor to create a unique product or service. 

C. is limited by human and financial resources. 

D. adheres to the triple constraint. 


Q92. - (Topic 1) 

The project manager is reviewing the earned value of work completed compared to the planned value and is representing it in a dollar figure. This type of analysis is an example of which of the following? 

A. Cost performance index 

B. Risk mitigation 

C. Schedule variance 

D. Cost variance 


Q93. - (Topic 3) 

A project manager is leading a discovery session involving a quality problem discovered in the manufacturing process for a time-sensitive product. In an effort to expedite the process of resolving quality control issues the team would like to focus on improvements that would result in the greatest positive impact to the quality of the product. A data set has been collected over time and is ready for use by the project team. Which of the following graphical data tools would be MOST appropriate to help the project team achieve its stated goals? 

A. Pareto chart 

B. Delphi model 

C. Run chart 

D. Histogram 

E. Ishikawa diagram 


Q94. - (Topic 3) 

When a project manager is reviewing a deliverable of a project, which of the following describes the importance of identifying variances in requirements? 

A. In order to understand the purpose of the deliverable and determine if it is needed 

B. In order to manage the scope to determine if corrective action is needed 

C. In order to understand the budget to determine if the budget needs modification 

D. In order to manage the schedule to determine if there are enough resources 


Q95. - (Topic 3) 

Once a change request has been approved by the Change Control Board, which of the following should the project manager do FIRST? 

A. Request additional funding 

B. Perform an impact analysis 

C. Update the project plan 

D. Inform the project team 

Answer: C

Q96. - (Topic 1) 

A project is experiencing quality issues with the deliverable product. Which of the following tools would be used to identify and prioritize the MOST commonly occurring issues? 

A. Scatter diagram 

B. Pareto chart 

C. Ishikawa diagram 

D. Trend analysis 


Q97. - (Topic 3) 

A project manager is holding a workshop to identify objectives, review legal and regulatory requirements, and establish and maintain performance measures. Which of the following is being performed? 

A. Quality control 

B. Quality objectives 

C. Quality assurance 

D. Quality audit 


Q98. - (Topic 3) 

Which of the following project management tools helps identify trends? 

A. Network diagram 

B. Run chart 

C. Histogram 

D. Check sheet 


Q99. - (Topic 3) 

Which of the following items is the MOST important activity to perform at the project kick-off meeting? 

A. Review the risk register 

B. Review the project goals 

C. Review the customers’ organizational chart 

D. Review the project charter 


Q100. - (Topic 3) 

A sponsor informs the project manager that the project funding has been exhausted. The project sponsor has communicated with finance and it has been determined that additional funding will not be available in the future. Which of the following is the NEXT step? 

A. Retire the risk register 

B. Initiate change control 

C. Fast track the remaining project deliverables 

D. Begin project closure activities 


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