CompTIA Project+ Practice Test 2 PK0-003 CompTIA Project+ Practice Test 2 PK0-003 A sponsor has authorized the project manager for an new project. He put it in writing. What would be key element in this document? a. Risk mitigation strategies b. Purpose of the project c. Key responsibilities d. Acknowledgements A project manager conducted a risk probability assessment this happened during a. Qualitative risk analysis b. Quantitative risk analysis c. Risk mitigation d. Risk selection Which tool would be used to decompose a project? a. RFT b. RQT c. WBS d. SOW The budget is $200,000 is in month #9 and it has an earned value of $180,000 and actual costs of $190,000. The cost variance is: a. +$20,000 b. -$20,000 c. -$10,000. d. +$10,000 HR has concerns regarding the work ethic of a team member. The project manager should give them a. KPIs b. Quality metrics c. Attendance report d. Performance reports The reason for a post-project review is a. To analyze project performance b. To Form the control structure for the project c. Manage expectations d. To comply to government regulation The sponsor informs the project manager that something else needs to be added to the scope statement in the execution phase. The project manager should a. Evaluate the impact on the project. b. Change the WBS c. Rewrite SOW d. Do what the sponsor asks without delay The project manager is most senior in which organizational structures? a. Vertical Matrix b. Diagonal Marix c. Balanced Matrix d. Strong Matrix In status meeting a positive project risk is identified that can be controlled. You should a. Accept b. Reject c. Exploit d. Deploy Which risk response strategies involves the use of insurance, performance, bonds, or warranties?a a. Risk immigration b. Risk migration c. Risk mitigation d. Risk transfer Loading … Question 1 of 10
