CompTIA CompTIA Project+ PK1-003 Questions & Answers

• Question 81:

  In month nine of a 12 month project, the customer approaches the project manager believing the project is at risk because 85% of the funds have been expended already. To give the customer a more accurate assessment, the project manager calculates the Cost Variance (CV) using which of the following formulas?

  A. CV = PV

  Correct Answer: D

• Question 82:

  Which of the following individuals BEST represents the authority to authorize changes to the triple constraints?

  A. Functional manager

  B. Sponsor

  C. Team member

  D. Project manager

  Correct Answer: B

• Question 83:

  In order to ensure higher commitment levels, estimates should be created, or approved by:

  A. The person doing the work

  B. The customer

  C. The project manager

  D. Key stakeholders

  Correct Answer: A

• Question 84:

  When performing quantitative risk analysis, which of the following should be produced?

  A. Control chart

  B. Decision tree

  C. Run chart

  D. Scatter diagram

  Correct Answer: B

• Question 85:

  Which of the following represents the purpose of performing qualitative risk analysis?

  A. To prioritize risks

  B. To identify risk owners

  C. To determine contingency reserves necessary

  D. To identify new risks

  Correct Answer: A

• Question 86:

  Which of the following would use the WBS to aid in the creation of the cost estimate?

  A. Analogous

  B. Top down

  C. Parametric

  D. Bottom up

  Correct Answer: D

• Question 87:

  Which of the following can be identified using a run chart?

  A. Relationships between variables

  B. Causes of defects

  C. Sample

  D. Trends

  Correct Answer: D

• Question 88:

  Stakeholders have submitted change requests via email, telephone calls, stopping by, during meetings, and using the change request form. Also, once the change request is made, the stakeholders expect the request to be immediately acted upon. Which of the following can be produced to aid in the stakeholders' understanding of how change control is performed on the project?

  A. Issue log

  B. Stakeholder register

  C. Process flow diagram

  D. Work breakdown structure

  Correct Answer: C

• Question 89:

  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

  Correct Answer: C

• Question 90:

  Which of the following shows the interdependencies between activities on a project schedule?

  A. Milestone chart

  B. Pareto diagram

  C. Network diagram

  D. Scatter diagram

  Correct Answer: C