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2018 Jan CompTIA Official New Released PK0-003
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CompTIA Project Certification

Question No: 201 – (Topic 3)

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

  1. is managed by consensus.

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

  3. is limited by human and financial resources.

  4. adheres to the triple constraint.

Answer: A

Question No: 202 – (Topic 3)

Approval from which of the following entities is required to make a project charter valid?

  1. Accounting

  2. Project sponsor

  3. Developer

  4. Legal

Answer: B

Question No: 203 – (Topic 3)

Which of the following entities is MOST likely tasked with reviewing and approving variances to project scope?

  1. Change Control Board

  2. Audit Committee

  3. Project Management Office

  4. Quality Assurance Team

Answer: A

Question No: 204 – (Topic 3)

As a part of quality control, a project manager has been monitoring work performance and analyzing information which has indicated variances to the control limits. Which of the following is the NEXT step the project manager should take?

  1. Implement changes to resolve variances

  2. Make the sponsor aware of variances

  3. Meet with the key stakeholders to discuss variances

  4. Generate a change request outlining the variances

Answer: D

Question No: 205 – (Topic 3)

During final product testing, it is discovered that a product does not meet intended performance specifications. The product run has already been completed and the organization would incur losses if the product is shipped without being modified. Which of the following options would BEST describe a response involving risk mitigation in this scenario?

  1. Send the parts as produced and address the manufacturing issues through the warranty process.

  2. Ship the product as manufactured and change future runs of the product to meet specifications.

  3. Purchase insurance to protect the organization against a lawsuit and ship the product as produced.

  4. Notify customers of the change and offer new parts with updated specifications.

Answer: D

Question No: 206 – (Topic 3)

Which of the following project management tools helps identify trends?

  1. Network diagram

  2. Run chart

  3. Histogram

  4. Check sheet

Answer: B

Question No: 207 – (Topic 3)

Which of the following can be used when a risk threat is identified?

  1. Acceptance

  2. Enhancing

  3. Sharing

  4. Exploiting

Answer: A

Question No: 208 – (Topic 3)

A project manager receives word from a team member that a modification is required to the product being developed. Which of the following documents should the project manager initially use to document the request?

  1. Risk register

  2. Scope statement

  3. Issue log

  4. Change log

Answer: D

Question No: 209 – (Topic 3)

A project manager finished going over the risk register with the project team. At the end of the presentation, the project team has a clear understanding of the risks to the project and the potential impact if these events occur. However, the project team is unclear of how to handle the identified risks if they are realized. Which of the following elements of the risk register did the project manager fail to explain clearly?

  1. Risk response plan

  2. Risk owner

  3. Risk type

  4. Risk description

Answer: A

Question No: 210 – (Topic 3)

A sponsor decides to change hardware vendors right before the project launch, and does not inform the project team. Which of the following should the project manager do FIRST?

  1. Crash the schedule

  2. Perform impact analysis

  3. Schedule a meeting

  4. Review the Pareto chart

Answer: B

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