Project Execution PK0-005 Practice Questions (Page 4)

Questions 16–20

1. 16application · medium

   A project manager is executing a project and notices that the actual costs are consistently higher than planned. The project manager suspects the vendor is charging for work not yet completed. What should the project manager do?

   • AStop all vendor payments until the project manager can investigate.
   • BAdjust the project budget to accommodate the higher costs.
   • CReview the vendor invoices against the project schedule and deliverables.
   • DEscalate the issue to the project sponsor and request additional funding.
   Reveal Solution Discussion Select an answer first
2. 17expert · hard

   A project manager is conducting a phase gate review for a project that is behind schedule but under budget. The team believes they can catch up in the next phase by working more efficiently. The sponsor is skeptical and wants to see evidence. What should the project manager present?

   • AA request to move to the next phase because the project is under budget.
   • BA summary of the team's past performance and their confidence in catching up.
   • CA revised schedule showing how the team will catch up, with a detailed plan for the next phase.
   • DA list of risks that could affect the next phase, without a recovery plan.
   Reveal Solution Discussion Select an answer first
4. 18foundation · easy

   What is the primary purpose of tracking actual costs against the project budget?

   • ATo ensure all costs are charged to the project
   • BTo report to the team on how much money is left
   • CTo calculate the project manager's bonus
   • DTo identify variances and take corrective action to prevent cost overruns
   Reveal Solution Discussion Select an answer first
5. 19foundation · easy

   What is the primary purpose of holding a project status meeting?

   • ATo replace written project documentation
   • BTo socialize with team members
   • CTo communicate project progress and identify issues
   • DTo assign blame for project delays
   Reveal Solution Discussion Select an answer first
6. 20application · medium

   A project manager is conducting a phase gate review at the end of the execution phase. The project is on schedule but over budget. The sponsor asks if the project should proceed to the closing phase. What should the project manager recommend?

   • AReturn to the planning phase to revise the budget.
   • BProceed to closing because the project is on schedule.
   • CStop the project because the budget overrun is unacceptable.
   • DProceed to closing only if the budget overrun is approved and the remaining work is feasible.
   Reveal Solution Discussion Select an answer first