CompTIA PK0-005 Online Practice Questions and Exam Preparation

CompTIA PK0-005 Online Questions & Answers

• Question 1:

  DRAG DROP

  During a gate review meeting, the deliverable was rejected by the customer.

  Review the dashboard.

  Part 1: Drag and drop each task, placing them in the correct order based on the project change control process.

  Part 2: Select the proper document(s) to be updated.

  If at any time you would like to bring back the initial state of the simulation, please click the Reset All button.

  Select and Place:

  

  

• Question 2:

  When trying to calculate the expected monetary value for using a particular vendor, which of the following charts would be BEST to use?

  A. Decision tree
  B. Fishbone
  C. Histogram
  D. Pareto
  A. Decision tree

• Question 3:

  A PM discovers that a planned project will have negative environmental effects on a nearby river. Which of the following steps should the PM take next?

  A. Convene a change control board.
  B. Stop all project work.
  C. Inform executive leadership.
  D. Review budget allocations.
  C. Inform executive leadership.

• Question 4:

  A company is starting a new implementation project

  The stakeholders are reviewing RFP responses to help make a decision about which project management consulting firm to hire.

  Given the following information: Which of the following is the best consulting firm for the company to hire?

  

  A. Consulting firm 1
  B. Consulting firm 2
  C. Consulting firm 3
  D. Consulting firm 4
  A. Consulting firm 1

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  Explanation

• Question 5:

  A project sponsor is struggling to provide the latest project status information on a weekly executive call. Which of the following should be reviewed?

  A. Meeting cadence
  B. Gap analysis
  C. Dashboard
  D. Adoption training
  C. Dashboard

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  Explanation

  A dashboard is a visual tool that displays key project metrics and indicators in a single view. A dashboard can help a project sponsor to provide the latest project status information on a weekly executive call by showing the project progress,

  budget, schedule, risks, issues, and milestones in a clear and concise way. A dashboard can also facilitate communication, collaboration, and decision making among project stakeholders. A dashboard should be reviewed and updated

  regularly to reflect the current state of the project.

  References:

  CompTIA Project+ Certification Study Guide, CompTIA Project+ Certification Exam Objectives, Write a Project Status Report in 8 Steps + Template [2023] Asana, Project Status Reports: Easy Stepsand; Examples [+ Template], How To Write a

  Project Status Report (Definition and Steps)? How to Write a Project Status Report [Template Included] - Toggl? What Is a Project Status? Definition and Key Terms - Indeed

• Question 6:

  Stakeholders ask the PM to provide an updated budget. Which of the following is the most important reason to update a project's budget during the execution phase?

  A. Evaluate the project's communication plan.
  B. Track and manage the project's financial condition.
  C. Report the project's risks and issues.
  D. Distribute resources to the project.
  B. Track and manage the project's financial condition.

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  Explanation

  The primary reason to update the budget during execution is to track and manage the project's financial condition. As the project progresses, actual costs, commitments, and forecasts change due to procurement, labor consumption, change requests, risks/issues that materialize, and replanning. Updating the budget enables the PM and stakeholders to see whether the project is trending within the approved funding, to manage burn rate, and to take corrective actions early (cost control, scope trade-offs, re- baselining through change control).

  Evaluating the communication plan (A) is not a budget purpose. Reporting risks and issues (C) is important, but that's the role of risk/issue management artifacts and status reporting--budget updates support the financial dimension of project health. Distributing resources (D) is a resourcing activity; budget informs resourcing decisions, but the key objective of an updated budget is accurate financial control and forecasting.

  In Project+ terms, this is part of performance monitoring and project controls: keeping cost information current so decision-makers can manage funding, approvals, and corrective actions with reliable data rather than outdated estimates.

• Question 7:

  An institution wants to implement software solutions to help manage the internal flow for formally responding in writing to citizens' complaints. Which of the following solutions would be BEST?

  A. Enterprise resource planning and end user applications
  B. Electronic document and record management systems
  C. Customer relationship management and databases
  D. Content management and financial systems
  B. Electronic document and record management systems

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  Explanation

  Electronic document and record management systems would be the best software solutions to help an institution manage the internal flow for formally responding in writing to citizens' complaints. Electronic document and record management systems are software systems that help organizations create, store, organize, manage, track, and distribute electronic documents and records. Electronic document and record management systems can help to improve efficiency, productivity, collaboration, compliance, and security of document and record management processes and workflows.

• Question 8:

  A client made a change request. Implementing the change will cause a delay in the project and a budget overrun. Which of the following should the project manager do first?

  A. Update the WBS.
  B. Escalate to the CCB.
  C. Accept the change.
  D. Implement the change.
  B. Escalate to the CCB.

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  Explanation

  Escalating to the Change Control Board (CCB) is necessary when a change request impacts the project's timeline or budget. The CCB reviews and approves changes, ensuring that they align with project objectives. CompTIA Project+ highlights the role of the CCB in change management processes.

• Question 9:

  Which of the following would be the NEXT document a project manager should update once the need to procure goods and/or services is identified?

  A. Memorandum of understanding
  B. Request for information
  C. Statement of work
  D. Non-disclosure agreement
  B. Request for information

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  Explanation

  The statement of work (SOW) would be the next document that a project manager should update once the need to procure goods and/or services is identified. A SOW is a document that defines the scope, deliverables, schedule, and terms and conditions of a project or contract. A SOW typically includes information such as purpose, scope of work, location of work, period of performance, deliverables schedule, applicable standards, acceptance criteria, special requirements, and payment schedule. A SOW can help to establish a common understanding and agreement between the client and the service provider on what needs to be done and how it will be done.

• Question 10:

  An IT manager needs to upgrade the IT infrastructure of an international company, as the business is quickly expanding. The company expects more capacity will be required in the next three months.

  Which of the following will be the best procurement method?

  A. Build
  B. Buy
  C. Lease
  D. Pay-as-you-go
  D. Pay-as-you-go