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PK0-003 - Project+ - Dump Information

Vendor	:	CompTIA
Exam Code	:	PK0-003
Exam Name	:	Project+
Questions and Answers	:	402 Q & A
Updated On	:	November 17, 2017
PDF Download Mirror	:	PK0-003 Brain Dump
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PK0-003 Questions and Answers

QUESTION: 391

A new technology being implemented will result in project team member layoffs. Which of the following actions can the project manager take to address team member concerns?

Cancel the project
Host a meeting to provide a status update
Outsource the project
Select a different technology that will not result in layoffs

Answer: B

QUESTION: 392

When are project closure procedures determined?

During the planning phase
During the monitoring/controlling phase
During the closure phase
During the execution phase

Answer: A

QUESTION: 393

Which of the following would be included in a project scope document? (Select TWO).

Project constraints
WBS dictionary
Project assumptions
Project charter
Work Breakdown Structure (WBS)

Answer: A, C

QUESTION: 394

Which of the following is the BEST tool to determine how the frequency of an individual cause contributes towards the total result?

SWOT analysis
Critical Chain Method (CCM)
Ishikawa diagram
Pareto chart

Answer: D

QUESTION: 395

During which of the following process groups is the project charter developed?

Pre-project setup
Project execution
Project planning
Project control

Answer: A

QUESTION: 396

Which of the following steps should be taken to formally close a project? (Select TWO).

Finalize the project charter
Create a statement of work (SOW)
Verify client sign-off of the project deliverables
Document the lessons learned
Finalize the work breakdown structure (WBS)

Answer: C, D

QUESTION: 397

A major change has been approved by the change control board and it now needs to be scheduled for implementation. Which of the following is the BEST method of implementing the change?

Distribute details of the change per the communication plan, and implement according to the change control process.
Ask the change control board to schedule the change, and when scheduled, identify the individual team member responsible for implementing it.
Email the project team, identifying the team member responsible for implementing the change, and then schedule it with the appropriate team members.
Identify the team member responsible for implementing the change and direct the team member to inform the rest of the project team of the date and time of implementation.

Answer: A

QUESTION: 398

Which of the following would a project manager organize and implement in order to provide decision oversight to scope changes?

Request for Proposal (RFP)
Quality management plan
Change control board
Version control system

Answer: C

QUESTION: 399

Which of the following contract types places the LEAST amount of risk on the seller?

Fixed-Price
Cost-Plus-Fixed-Fee (CPFF)
Cost-Plus-Fee (CPF)
Time and material

Answer: D

QUESTION: 400

Control limits would be found in which of the following plans?

Procurement management plan
Quality management plan
Change management plan
Scope management plan

Answer: B

QUESTION: 401

Three of the team members are having a conflict with each other. Which of the following steps should the project manager take to minimize the conflict?

Resolve the conflict by terminating the team members.
Ignore the conflict and keep working on the project.
Encourage the team members to resolve the conflict.
Ask the project sponsor to resolve the conflict.

Answer: C

QUESTION: 402

Several project tasks cannot be completed because local resources are not available. The project manager has to outsource the work to find qualified resources. Which of the following risk responses is the project manager using?

Acceptance
Mitigation
Transference
Avoidance

Answer: C

CompTIA PK0-003 Exam (Project+) Detailed Information

PK0-003 - Project+

PK0-003 Test Objectives

CompTIA Project+

Certification Exam Objectives

EXAM NUMBER: PK0-003

About the Exam

Candidates are encouraged to use this document to help prepare for the CompTIA Project+ PK0-003 exam. This exam will certify that the successful candidate has the ability to initiate, manage

and support a project or business initiative.

Project+ is not just for IT technicians. It is designed for any individual who wants to validate that he/she has the communication and business skills to:

Lead projects with confidence
Complete projects on time and within budget

Effectively initiate, plan, execute, monitor/control and close a project

These content examples are meant to clarify the test objectives and should not be construed as a comprehensive listing of all the content of this examination.

EXAM DEVELOPMENT

CompTIA exams result from subject matter expert workshops and industry-wide survey results regarding the skills and knowledge required of an entry-level IT professional.

TEST DETAILS

Required exam PK0-003

JK0-017 (for CompTIA Academy Partners only) Number of questions Maximum of 100 questions

Type of questions Multiple choice

Length of test 90 minutes

Recommended experience Minimum of one year of managing, directing or

participating in small- to medium-scale projects

Passing score 710 (on a scale of 100–900)

EXAM OBJECTIVES (DOMAINS)

The table below lists the domains measured by this examination and the extent to which they are represented.

DOMAIN 1.0 Pre-project Setup/Initiating 2.0 Project Planning	PERCENTAGE OF EXAMINATION 12% 29%
3.0 Project Execution and Delivery	23%
4.0 Change Control and Communication	27%
5.0 Project Closure	9%
Total	100%

1.0 Pre-project Setup/Initiating

1.1

Explain the requirements to complete a pre-project setup.

Identify the project
Validate the project
Prepare a project charter
Obtain approval (signature) for project charter

1.2

Identify the characteristics of a project.
Temporary endeavor
Delivers a unique product or service
Constrained by time
Resources and quality

1.3

Summarize the steps required to validate a project.
Validate business case
- Feasibility analysis
- Justification for project
- Alignment to strategic plan
Identify and analyze stakeholders

1.4

Explain the components of a project charter.
Key project deliverables
High-level milestones
High-level cost estimates
Identify stakeholders
General project approach
Problem statement
High-level assumptions
High-level constraints
High-level risks
Project objectives

1.5

Outline the process groups of the project life cycle.
Initiating/pre-project setup
Planning
Executing
Monitoring/controlling
Closing

1.6

Explain the different types of organizational structures.
Functional
Weak matrix
Matrix
Strong matrix
Projectized

2.0 Project Planning

2.1

Prepare a project scope document based on an approved project charter.
Key Performance Indicators (KPIs)
Scope boundaries
Constraints
Assumptions
Detailed objectives
Final project acceptance criteria
Validate scope statement with stakeholders

2.2

Use a Work Breakdown Structure (WBS) and WBS dictionary to organize project planning.
Explain the benefits of a WBS
Explain the levels of a WBS
Explain the purpose of a WBS
Identify the planning processes that utilize the WBS as an input
Critique a given WBS
Explain the purpose of a WBS dictionary

2.3

Outline a process for managing changes to the project.
Approvals required
Forms needed
Turnaround times
Document routing
Communication flow

2.4

Develop a project schedule based on WBS, project scope and resource requirements.
Schedule to milestones
Analyze Gantt chart
Identify dependency types
Determine the critical path of a project schedule
Establish schedule baselines

2.5

Given a desired deliverable, apply the appropriate tool and/or method to produce the appropriate outcome.
Tools
- PERT
- Gantt
Methods
- CPM
  
  2.6
  
  Given a scenario, interpret the results of using the following tools and/or methods.
- Project Planning
  - Tools:
    - GERT
  - Methods:
    - Network diagram (ADM, PDM, CPM,CCM)
      
      2.7
      
      Identify components of an internal/external communication plan.
  - Frequency
  - Format (formal, informal, written and verbal)
  - Method of distribution
  - Distribution list
    
    2.8
    
    Outline the components of a risk management plan.
  - Initial risk assessment
  - Risk matrix
  - Risk register
  - Risk response strategies
  - Stakeholder risk tolerance
    
    2.9
    
    Identify roles and resource requirements based on WBS and resource availability.
  - Identify existing resource availability
  - Identify training needs/ outsourcing requirements
  - Assign resources to scheduled tasks
    
    2.10
    
    Identify components of a quality management plan.
  - Quality metrics, control limits and frequency of measurement
  - Quality assurance processes
  - Quality control processes
  - Quality baseline
    
    2.11
    
    Identify components of a cost management plan.
  - Control limits
  - Assign costs
  - Chart of accounts
  - Project budget
  - Cost estimates (bottom up, top down, parametric, expert judgment, analogous)

Components
- Risk register
- Communications plan
- Issues log
- Change management form
- Quality management metrics
- Project schedule
- WBS
- Budget
- Resource requirements
- Scope statement
  
  4.0 Change Control and Communication
  
  4.1
  
  Given a scenario, implement proper change management procedures.
  - Identify change
  - Document using the appropriate change control forms
  - Perform impact analysis
  - Coordinate with the appropriate stakeholders to select the course of action
  - Update the appropriate project plan components based on the approved change request
    
    4.2
    
    Evaluate the impact of potential changes to triple constraint.
  - Time/schedule
  - Cost/resources
  - Quality
  - Scope
    
    4.3
    
    Using the risk management plan, determine an appropriate response to potential risk/opportunity events.
  - Perform qualitative and quantitative risk analysis
  - Opportunities
    - Sharing
    - Exploiting
    - Enhancing
  - Threats
    - Avoidance
    - Acceptance
    - Mitigation
  - Update risk register with appropriate changes
    
    4.4
    
    Given a scenario, execute appropriate resource leveling techniques.
  - Fast tracking
  - Crashing
  - Delaying
  - Optimizing
    - Use of tools as necessary
4.0 Change Contol and Communication

4.5

Explain the appropriate steps to ensure quality of project deliverables.
- Monitor work performance
- Analyze performance information
- Identify variances
- Generate change requests
- Implement change requests
  
  4.6
  
  Identify potential tools to use when a project deliverable is out of specification as defined in the quality baseline.
- Pareto charts
- Histograms
- Run charts
- Ishikawa diagram
  
  4.7
  
  Given a scenario, calculate and interpret the results of Earned Value Measurement (EVM).
- EV
- PV
- CPI
- SPI
- EAC
- ETC
- VAC
- BAC
  
  4.8
  
  Given a scenario, manage and implement information distribution based on communications plan.
- Manage stakeholders’ expectations
- Schedule effective project meetings
- Periodic stakeholders updates
  
  4.9
  
  Recognize the special communication needs of remote and/or indirect project team members.
- Timezones
- Communication preferences
- Functional or hierarchical barrier
- Language barriers
- Technology barriers
- Cultural differences
  
  5.0 Project Closure
  
  5.1
  
  Explain the importance and benefits of formal project closure.
  - Confirm and document objectives that were completed/not completed
  - Release resources
  - Provide historical information for future projects
  - Close contracts
  - Standards compliance
    - Document retention compliance
  - Post-project review
    - Meeting to review what went right/what went wrong
      
      5.2
      
      Identify circumstances in which project/phase closure might occur and identify steps to take when closure occurs.
  - Phase closure
  - Project completion
  - Stage completion
  - Component completion
  - Project cancellation
    
    5.3
    
    Identify the components and purpose of closing documentation.
  - Lessons learned
    - Strengths/weaknesses
  - Close report
    - Historical data
    - Summary of costs
  - Post-mortem analysis
    - Documents reasons for early closure and impact
  - Final individual performance appraisal
    - Final review of performance
- Transition plan

CompTIA Project+ Acronyms

The following is a list of acronyms that appear on the CompTIA Project+ exam. Candidates are encouraged to review the complete list and attain a working knowledge of all listed acronyms as a part of a comprehensive exam preparation program.

ACRONYM SPELLED OUT

AC Actual Cost

ADM Arrow Diagram Method

BAC Budget At Completion

CCB Change Control Board

CCM Critical Chain Method

COQ Cost Of Quality

CPI Cost Performance Index

CPM Critical Path Method

CV Cost Variance

EAC Estimate At Completion

ETC Estimate To Complete

EV Earned Value

ISO International Standards Organization

KPI Key Performance Indicator

OBS Organizational Breakdown Structure

PDM Precedence Diagramming Method

PERT Project Evaluation and Review Technique PV Planned Value

RFI Request For Information

RFP Request For Proposal

RFQ Request For Quote

SPI Schedule Performance Index

SV Schedule Variance

VAC Variance At Completion

WBS Work Breakdown Structure

© 2015 CompTIA Properties, LLC, used under license by CompTIA Certifications, LLC. All rights reserved. All certification programs and education related to such programs are operated exclusively by CompTIA Certifications, LLC. CompTIA is a registered trademark of CompTIA Properties, LLC in the U.S. and internationally. Other brands and company names mentioned herein may be trademarks or service marks of CompTIA Properties, LLC or of their respective owners. Reproduction or dissemination prohibited without written consent of CompTIA Properties, LLC. Printed in the U.S. 02156-Oct2015

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PK0-003 - Project+ - Dump Information

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PK0-003 Questions and Answers

QUESTION: 391

Answer: B

QUESTION: 392

Answer: A

QUESTION: 393

Answer: A, C

QUESTION: 394

Answer: D

QUESTION: 395

Answer: A

QUESTION: 396

Answer: C, D

QUESTION: 397

Answer: A

QUESTION: 398

Answer: C

QUESTION: 399

Answer: D

QUESTION: 400

Answer: B

QUESTION: 401

Answer: C

QUESTION: 402

Answer: C

CompTIA PK0-003 Exam (Project+) Detailed Information

PK0-003 - Project+

PK0-003 Test Objectives

EXAM NUMBER: PK0-003

1.1

1.2

1.3

1.4

1.5

1.6

2.1

2.2

2.3

2.4

2.5

2.6

2.7

2.8

2.9

2.10

2.11

2.12

2.13

3.1

3.2

3.3

3.4

4.1

4.2

4.3

4.4

4.5

4.6

4.7

4.8

4.9

5.1