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Exam : CompTIA PK0-002
Title : IT Project+ Certification Exam(2003 Objectives)


1. When confronted with three widely varying bids for a subcontracted task, before using what appears to be a very low bid to develop a project budget the team should:
A. perform an earned value analysis to determine progress payments to the vendor.
B. add a contingency float to the project budget.
C. reject the low bid if it appears that the vendor is trying to "buy the job".
D. perform risk analysis for the scenario and develop contingencies for those risks determined to carry a significant, negative expected impact.
Answer: D

2. A charge for the rental of a room that will be used for a project meeting is an example of which of the following kind of cost?
A. Unavoidable
B. Fixed
C. Variable
D. Unforeseen
Answer: B

3. An organization is faced with choosing from a number of projects and creates an evaluation matrix. Which of the following criteria is likely to be the LEAST important?
A. Cost
B. Degree of Change within business
C. Alignment to business needs
D. Training
Answer: D

4. Which of the following processes is MOST significant to meeting quality management objectives?
A. Inspection
B. Trend analysis
C. Quality audits
D. Planning
Answer: D

5. A project manager can capture the lessons learned from the project to be used during future projects by:
A. reviewing the closure management plan results one year after the project is completed.
B. calculating the final cost and schedule variance after all project work has been completed.
C. conducting a debriefing meeting with the project team members prior to disbanding the team.
D. conducting a satisfaction survey of the end users six months after the end of the project.
Answer: C

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