Latest [Jan 24, 2022] Real CompTIA PK0-004 Exam Dumps Questions [Q134-Q159]

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Latest [Jan 24, 2022]  Real CompTIA PK0-004 Exam Dumps Questions

PK0-004 Dumps To Pass Project+ Exam in One Day (Updated 571 Questions)


CompTIA PK0-004 Exam Syllabus Topics:

TopicDetails

Project Basics - 36%

Summarize the properties of a project.1. Temporary2. Start and finish
3. Unique
4. Reason/purpose
5. Project as part of a program
6. Project as part of a portfolio
Classify project roles and responsibilities.1.Sponsor/champion
  1. Approval authority
  2. Funding
  3. Project charter
  4. Baseline
  5. High-level requirements
  6. Control
  7. Marketing
  8. Roadblocks
  9. Business case/justification
2.Project manager
  1. Manage team, communication, scope, risk, budget, and time
  2. Manage quality assurance
  3. Responsible for artifacts
3.Project coordinator
  1. Support project manager
  2. Cross-functional coordination
  3. Documentation/ administrative support
  4. Time/resource scheduling
  5. Check for quality
4.Stakeholder
  1. Vested interest
  2. Provide input and requirements
  3. Project steering
  4. Expertise
5.Scheduler
  1. Develop and maintain project schedule
  2. Communicate timeline and changes
  3. Reporting schedule performance
  4. Solicit task status from resources
6.Project team
  1. Contribute expertise to the project
  2. Contribute deliverables according to schedule
  3. Estimation of task duration
  4. Estimation of costs and dependencies
7.Project Management Office (PMO)
  1. Sets standards and practices for organization
  2. Sets deliverables
  3. Provides governance
  4. Key performance indicators and parameters
  5. Provides tools
  6. Outlines consequences of non-performance
  7. Standard documentation/templates
  8. Coordinate resources between projects





Compare and contrast standard project phases.1.Initiation
  1. Project charter
  2. Business case
  3. High-level scope definition
  4. High-level risks
2.Planning
  1. Schedule
  2. Work breakdown structure
  3. Resources
  4. Detailed risks
  5. Requirements
  6. Communication plan
  7. Procurement plan
  8. Change management plan
  9. Budget
3.Execution
  1. Deliverables
4.Monitor and control
  1. Risks/issues log
  2. Performance measuring and reporting
  3. Quality assurance/governance
  4. Change control
  5. Budget
5.Closing
  1. Transition/integration plan
  2. Training
  3. Project sign off
  4. Archive project documents
  5. Lessons learned
  6. Release resources
  7. Close contracts


Identify the basics of project cost control.1. Total project cost2. Expenditure tracking
3. Expenditure reporting
4. Burn rate
5. Cost baseline/budget
  1. Plan vs. actual
Identify common project team organizational structures.1.Functional
  1. Resources reporting to functional manager
  2. Project manager has limited or no authority
2.Matrix
  1. Authority is shared between functional managers and project managers
  2. Resources assigned from functional area to project
  3. Project manager authority ranges from weak to strong
3.Projectized
  1. Project manager has full authority
  2. Resources report to project manager
  3. Ad hoc resources
Given a scenario, execute and develop project schedules.1.Work breakdown structure
2.Scheduling activities
  1. Determine tasks
  2. Determine task start/finish dates
  3. Determine activity/task durations
  4. Determine milestones
  5. Set predecessors
  6. Set dependencies
  7. Sequence tasks
  8. Prioritize tasks
  9. Determine critical path
  10. Allocate resources
  11. Set baseline
  12. Set quality gates
  13. Set governance gates
  14. Client sign off
  15. Management approval
  16. Legislative approval
Identify the basic aspects of the Agile methodology.1. Readily adapt to new/ changing requirements2. Iterative approach
3. Continuous requirements gathering
4. Establish a backlog
5.Burndown charts
6. Continuous feedback
7. Sprint planning
8. Daily standup meetings/ SCRUM meetings
9. SCRUM retrospective
10. Self-organized and self-directed teams
Explain the importance of human resource, physical resource, and personnel management.1.Resource management concepts
  1. Shared resources
  2. Dedicated resources
  3. Resource allocation
  4. Resource shortage
  5. Resource overallocation
  6. Low quality resources
  7. Benched resources
  8. Interproject dependencies
  9. Interproject resource contention
2.Personnel management
  1. Team building
  2. Trust building
  3. Team selection
  4. Skill sets
  5. Remote vs. in-house
  6. Personnel removal/replacement
  7. Communication issues
  8. Conflict resolution
  9. Smoothing
  10. Forcing
  11. Compromising
  12. Confronting
  13. Avoiding
  14. Negotiating

Project Constraints - 17%

Given a scenario, predict the impact of various constraint variables and influences throughout the project.1.Common constraints
  1. Budget
  2. Scope
  3. Deliverables
  4. Quality
  5. Environment
  6. Resources
  7. Requirements
  8. Scheduling
2.Influences
  1. Change request
  2. Scope creep
  3. Constraint reprioritization
  4. Interaction between constraints
  5. Stakeholders/sponsors/management
  6. Other projects
Explain the importance of risk strategies and activities.1.Strategies
  1. Accept
  2. Mitigate
  3. Transfer
  4. Avoid
  5. Exploit
2.Risk activities
  1. Identification
  2. Quantification
  3. Planning
  4. Review
  5. Response
  6. Register
  7. Prioritization
  8. Communication

Communication & Change Management - 26%

Given a scenario, use the appropriate communication method.1.Meetings
  1. Kick-off meetings
  2. Virtual vs. in-person meetings
  3. Scheduled vs. impromptu meetings
  4. Closure meetings
2. Email
3. Fax
4. Instant messaging
5. Video conferencing
6. Voice conferencing
7.Face-to-face
8.Text message
9. Distribution of printed media
10. Social media
Compare and contrast factors influencing communication methods.1. Language barriers2. Time zones/geographical factors
3. Technological factors
4. Cultural differences
5.Interorganizational differences
6.Intraorganizational differences
7. Personal preferences
8. Rapport building/relationship building
9. Tailor method based on content of message
10. Criticality factors
11. Specific stakeholder communication requirements
  1. Frequency
  2. Level of report detail
  3. Types of communication
  4. Confidentiality constraints
  5. Tailor communication style
Explain common communication triggers and determine the target audience and rationale.1. Audits2. Project planning
3. Project change
4. Risk register updates
5. Milestones
6. Schedule changes
7. Task initiation/completion
8. Stakeholder changes
9. Gate reviews
10. Business continuity response
11. Incident response
12. Resource changes
Given a scenario, use the following change control process within the context of a project.1.Change control process
  1. Identify and document
  2. Evaluate impact and justification
  3. Regression plan (Reverse changes)
  4. Identify approval authority
  5. Obtain approval
  6. Implement change
  7. Validate change/quality check
  8. Update documents/audit documents/version control
  9. Communicate throughout as needed
2. Types of common project changes
  1. Timeline change
  2. Funding change
  3. Risk event
  4. Requirements change
  5. Quality change
  6. Resource change
  7. Scope change
Recognize types of organizational change.1. Business merger/acquisition2. Business demerger/split
3. Business process change
4. Internal reorganization
5. Relocation
6. Outsourcing

Project Tools & Documentation - 21%

Compare and contrast various project management tools.1.Project scheduling software
2.Charts
  1. Process diagram
  2. Histogram
  3. Fishbone
  4. Pareto chart
  5. Run chart
  6. Scatter chart
  7. Gantt chart
3.Dashboard/status report
4.Knowledge management tools
  1. Intranet sites
  2. Internet sites
  3. Wiki pages
  4. Vendor knowledge bases
  5. Collaboration tools
5.Performance measurement tools
  1. Key performance indicators
  2. Key performance parameters
  3. Balanced score card
6.SWOT analysis
7. Responsible, Accountable, Consulted, Informed (RACI) Matrix

Given a scenario, analyze project centric documentation.1. Project charter2. Project management plan
3. Issues log
4. Organizational chart
5. Scope statement
6. Communication plan
7.Project schedule
8.Status report
9.Dashboard information
10.Action items
11.Meeting agenda/meeting minutes
Identify common partner or vendor-centric documents and their purpose.1.Request for Information
2.Request for Proposal
3.Request for Quote
4.Mutually binding documents
  1. Agreements/contract
  2. Non-disclosure agreement
  3. Cease and Desist letter
  4. Letter of Intent
  5. Statement of Work
  6. Memorandum of Understanding
  7. Service Level Agreement
  8. Purchase Order
  9. Warranty

 

NEW QUESTION 134
Ann, a project manager, is working for a new company. On her first project, the assigned project resources do not follow her direction. She is not allowed to authorize contractors because they say she does not have the authority. Which of the following is the MOST likely for what is happening?

  • A. The project team is functional
  • B. Ann has not developed a communications plan
  • C. Ann is new to the organization so no one trusts her
  • D. The project has not started

Answer: A

 

NEW QUESTION 135
The project manager is reviewing the earned value of work completed compared to the planned value and is representing it in a dollar figure.
This type of analysis is an example of which of the following?

  • A. Cost variance
  • B. Risk mitigation
  • C. Schedule variance
  • D. Cost performance index

Answer: C

 

NEW QUESTION 136
A customer has requested additional features for an active project.
Which of the following steps should take place NEXT?

  • A. Update all project documents.
  • B. Implement the requested changes.
  • C. Submit the requested changes to the CCB.
  • D. Evaluate the impact of the changes.

Answer: D

Explanation:
Explanation/Reference:
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 293

 

NEW QUESTION 137
Which of the following risk strategies is represented by the purchase of insurance?

  • A. Transfer
  • B. Accept
  • C. Avoid
  • D. Mitigate

Answer: A

Explanation:
"Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on"

 

NEW QUESTION 138
Which of the following documents does a vendor rely on to commit funding and resources to a project?

  • A. MOU
  • B. SLA
  • C. SOW
  • D. PO

Answer: C

Explanation:
References:
Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 299

 

NEW QUESTION 139
A PM is reviewing bids from vendors and has a question.
Which of the following documents should the PM use to obtain a response?

  • A. RFI
  • B. RFP
  • C. Project schedule
  • D. Quotation

Answer: B

 

NEW QUESTION 140
A customer approaches a team member to report that old functionality is no longer valid due to technology restrictions. The team member has also noticed this during the execution of the project. The team member agrees with the new functionality provided by the customer, implements the change, and notifies the project manager.
Which of the following actions should the project manager take NEXT?

  • A. Update the project management plan based on the change.
  • B. Conduct an impact analysis to verify there is no collateral damage.
  • C. Notify the team that the change has been made.
  • D. Proceed to the next task in the project schedule.

Answer: D

 

NEW QUESTION 141
A carpenter on a project team reports there is insufficient time to accomplish tasks on schedule.
Which of the following is the FIRST step the project manager should take?

  • A. Review the task start and finish dates.
  • B. Obtain additional resources.
  • C. Assess the risk register's new items.
  • D. Analyze the assigned hours.

Answer: C

 

NEW QUESTION 142
A task on the critical path has just been completed. The project manager has been informed that the person responsible for the next task has gone on an approved leave. Which of the following types of organizational structure does this scenario BEST describe?

  • A. Strong matrix
  • B. Projectized
  • C. Functional
  • D. Flat

Answer: D

 

NEW QUESTION 143
A project manager is mapping qualifications and available personnel to the project requirements. Which of the following activities is the project manager completing?

  • A. Resource leveling
  • B. Resource loading
  • C. Team Selection
  • D. Team Building

Answer: D

 

NEW QUESTION 144
A project manager is attempting to establish the proper sequencing and duration of project activities.
Which of the following would be the MOST beneficial?

  • A. WBS
  • B. Gantt chart
  • C. Ishikawa diagram
  • D. Network diagram

Answer: D

Explanation:
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex,
Indianapolis, 2017, p. 160

 

NEW QUESTION 145
A project manager is analyzing the cost variances produced when comparing two different projects completions.

Which of the following factors could be causing the increased variance for the four-month projects? (Select two.)

  • A. Increased labor cost
  • B. Increased schedule variance
  • C. Increased resource productivity
  • D. Increased resource allocation
  • E. Increased labor overhead

Answer: A,E

 

NEW QUESTION 146
The government wants to start a project that will launch a satellite but lacks the appropriate SMEs. Which of the following would be BEST to solicit vendors?

  • A. LOI
  • B. SOW
  • C. RFQ
  • D. RFI

Answer: D

 

NEW QUESTION 147
The quarterly financial statement has been released, and portfolios are losing funding for projects. Which of the following options are MOST appropriate to keep the project alive and on schedule? (Choose two.)

  • A. Ask for operational team support.
  • B. Shorten the project duration.
  • C. Request more time with a smaller project team.
  • D. Reduce quality control.
  • E. Reduce the features being released.

Answer: D,E

 

NEW QUESTION 148
The project sponsor has cut the resources required for project completion The project manager cannot complete the project without additional resources. Which of the following should the project manager do to obtain the resources?

  • A. The project manager should ask the project team members to take on more tasks to complete the project on time
  • B. The project manager should identify and document the reasons for the additional resources in a change request
  • C. The project manager should hire additional resources temporarily to complete the project
  • D. The project manager should terminate the project until additional resources are added to the project.

Answer: B

 

NEW QUESTION 149
Expenditure tracking helps with cost:

  • A. reporting
  • B. scheduling
  • C. discounting
  • D. floating

Answer: A

 

NEW QUESTION 150
Rather than sending emails to communicate all project information, the project manager:
* Makes telephone calls to key stakeholders for urgent information
* Sends emails for routine information
* Posts on the project intranet site for required but minimally used information Which of the following BEST represents what the project manager is doing?

  • A. Prioritizing based on personal preferences
  • B. Tailoring the method based on message content
  • C. Demonstrating concern for technological factors
  • D. Adjusting the method based on confidentiality constraints

Answer: B

 

NEW QUESTION 151
Which of the following metrics demonstrates to a project manager if a project is overspending or underspending?

  • A. BAC
  • B. ETC
  • C. CPI
  • D. EAC

Answer: C

Explanation:
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 231

 

NEW QUESTION 152
Which of the following documents need to be updated as events occur during a project? (Choose two.)

  • A. Issue log
  • B. Risk register
  • C. Status report
  • D. Change request
  • E. Meeting minutes

Answer: C,E

 

NEW QUESTION 153
A project manager has noticed poor attendance as status meetings.
Which of the following strategies should the project manager use to improve attendance?
(Choose two.)

  • A. Adhere to an agenda and scheduled time.
  • B. Add non-project-related items to the agenda.
  • C. Add and discuss new agenda items throughout the meeting.
  • D. Discard the action items at the conclusion of the meeting.
  • E. Provide an agenda before the status meeting.

Answer: A,E

 

NEW QUESTION 154
A project team member has completed an assigned task on time.
After updating the project schedule, which of the following steps should the project manager take NEXT?

  • A. Send a project status update to the sponsor.
  • B. Notify the team members to begin successor tasks.
  • C. Release the team members to the functional manager.
  • D. Send an updated schedule to the CCB.

Answer: B

 

NEW QUESTION 155
A sports event is coming to a local city, and the project manager for the event fears there might be violence if the local team wins.
Which of the following types of project activities would occur if the local team wins?

  • A. Implementing quality control measures
  • B. Securing appropriate funding
  • C. Applying a risk mitigation plan
  • D. Changing the timeline

Answer: C

 

NEW QUESTION 156
A project manager is managing a transactional project. One of the key team members is having difficulties understanding the client requirements.
Which of the following actions would be BEST for the project manager to take?

  • A. Purchase a language translation program.
  • B. Ask the client to provide requirements in the native language of the team.
  • C. Ask the client to provide additional language resources to the team.
  • D. Hire a translator to help the key team member

Answer: B

 

NEW QUESTION 157
A project manager is providing the lessons learned for a project that ran over budget and produced poor quality deliverables. Which of the following should the project manager include as part of the lessons learned?

  • A. Issue log
  • B. Risk register
  • C. Procurement report
  • D. Post-mortem analysis

Answer: D

Explanation:
References:
https://en.wikipedia.org/wiki/Postmortem_documentation

 

NEW QUESTION 158
A minor change to the baseline schedule is required. This change will be the second minor modification to the schedule. Which of the following is the appropriate version number?

  • A. 2.0
  • B. 3.0
  • C. 1.2
  • D. 0.3

Answer: C

 

NEW QUESTION 159
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