PK1-003 Online Practice Questions and Answers

Which of the following purchasing processes should a project team use to ensure that the work will be done per company specifications, while selecting the overall cheapest provider?

A. RFI

B. RFP

C. RFC

D. RFQ

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

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

Which of the following conflict resolution techniques results in a lose-lose scenario?

A. Forcing

B. Confronting

C. Compromise

D. Negotiating

A project manager has calculated their project to have a SV of -$5,000. Which of the following conclusions is correct?

A. The project is over budget

B. The project baseline is incorrect

C. The project is behind schedule

D. The project is under budget

Which of the following components of a quality management plan eliminates output that is not up to standards?

A. Quality assurance

B. Quality control

C. Quality baseline

D. Quality metrics

Which of the following is a zero time activity?

A. Milestone

B. Critical path

C. Deliverable

D. Work package

Given the schedule estimates of Best Case = 2 days, Worst Case = 12 days, and Most Likely = 4 days, calculate PERT.

A. 4 days

B. 5 days

C. 6 days

D. 8 days

A project manager has been presented a set of documents containing why a project is needed, how it fits in with the company objectives, and the revenue that will be generated by the product. Which of the following has the project manager just received?

A. A business case

B. A charter

C. Key project deliverables

D. Project objectives

A team member has approached the project manager for an update on the project status and next tasks. Which of the following should the project manager do NEXT?

A. Speak with the team member's manager about their performance

B. Resend the latest status report and project plan to the team member

C. Review the communications plan to determine why they were unaware

D. Send the communications plan to the team member