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Master the CompTIA PK0-004 Exam: Essential Study Tips and Strategies

Questions 76

A company engaged a third-party audit firm to provide regular financial oversight for regulatory compliance and

requested a project manager to work with the firm. The PMO declines to assign a project manager and refers

to another department within the company. Which of the following is MOST likely the reason for this?

Options:

A.

There are not enough project managers available for additional work

B.

The work does not align with the strategic objectives of the organization

C.

This is ongoing work the vendor has been hired to perform

D.

The third party has a reputation for expertise in this area

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Questions 77

Which of the following risk strategies prevents a risk from impacting a project?

Options:

A.

Accept risk

B.

Mitigate risk

C.

Avoid risk

D.

Transfer risk

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Questions 78

A task on the critical path will not be completed on time. The project manager is reviewing both the schedule and the risk register to create a corrective action plan. The project completion date and quality of the deliverable cannot change. Which of the following activities should the project manager perform NEXT?

Options:

A.

Revise the project plan.

B.

Update the issue log.

C.

Request additional funding.

D.

Issue a change request.

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Questions 79

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

Options:

A.

Team Building

B.

Team Selection

C.

Resource loading

D.

Resource leveling

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Questions 80

While preparing to plan a project, the project manager meets with the key stakeholders to determine the

flexibility between the project constraints. Which of the following techniques should the project manager

consider to reduce personal bias and increase buy-in?

Options:

A.

Send the stakeholders a survey about the project constraints to complete anonymously

B.

Watch and determine which constraint is most important

C.

Compare the constraints two at a time and have the stakeholders vote on importance

D.

Look at historical information regarding the flexibility preferences of key stakeholders

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Questions 81

For most organizations, which of the following is the MOST efficient method to communicate the project status to a large group of stakeholders?

Options:

A.

Email messages

B.

Internet site

C.

Conference calls

D.

Instant messages

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Questions 82

Task ID 3 did not start on time, and no work has been accomplished yet. Evaluate the schedule below:

PK0-004 Question 82

Which of the following is MOST likely the cause?

Options:

A.

Predecessors not properly identified

B.

Scope change

C.

Retrospective in progress

D.

Insufficient resources assigned

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Questions 83

Which of the following indicators will assist the project manager in determining the health of the budget?

Options:

A.

SV

B.

CPI

C.

AC

D.

EV

E.

ETC

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Questions 84

Which of the following project management tools provides an authoritative source of the project performance guidelines?

Options:

A.

KPI

B.

SWOT

C.

RACI

D.

MOU

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Questions 85

Which of the following documents focus primarily on support activities after the completion of a project? (Choose two.)

Options:

A.

Warranty

B.

SLA

C.

Purchase order

D.

Letter of intent

E.

RFQ

F.

IMS

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Questions 86

Which of the following is the BEST reason to conduct regular risk reviews?

Options:

A.

Risk reviews ensure stakeholders take action on assigned items.

B.

Risk reviews allow for the identification of response strategies.

C.

Risk reviews can keep personnel on track with their assigned tasks.

D.

Risk reviews must be reported in status updates.

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Questions 87

A new project manager is assigned in the middle of a seven-month project. The project is behind schedule, and there is only historical weekly cost data available.

Which of the following best practices should the project manager perform to assess project costs?

Options:

A.

Review the SPI.

B.

Create a burndown chart.

C.

Ask the project sponsor for additional funding.

D.

Perform a cost benefit analysis.

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Questions 88

At the end of the fiscal year, the project manager of a well-performing project is notified the project budget may be increased. The project sponsor wants to use an incremental approach to complete more work. Which of the following is the BEST way for the project manager to respond?

Options:

A.

Solicit product improvement ideas from the project team.

B.

Evaluate the impacts to the quality and schedule and provide a response.

C.

Reject the increased budget because the budget is defined in the charter.

D.

Conduct a team-building event to reward the project team

E.

Identify new resources to join the project team to speed up the work.

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Questions 89

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?

Options:

A.

LOI

B.

RFQ

C.

RFI

D.

SOW

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Questions 90

A project manager wishes to track a project’s performance against the original approved schedule. Which of the following steps is necessary to capture the needed information?

Options:

A.

Determine the critical path.

B.

Determine the milestones.

C.

Set phase gates

D.

Set a baseline.

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Exam Code: PK0-004
Exam Name: CompTIA Project +
Last Update: Dec 2, 2024
Questions: 796

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