Latest PK0-004 Pass Guaranteed Exam Dumps with Accurate & Updated Questions [Q219-Q238]

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Latest PK0-004 Pass Guaranteed Exam Dumps with Accurate & Updated Questions

PK0-004 Exam Brain Dumps – Study Notes and Theory

NEW QUESTION 219
A project manager has been assigned a project with a budget of $50,000. Three change requests are submitted during execution that will increase the overall project cost to $60,000. Which of the following steps should the project manager perform NEXT?

Wait until the change requests are approved by the CCB.

Approve the changes because the additional functionality is required to complete the process.

Speak with the project sponsor and provide a detailed analysis of the changes and impacts to the project budget.

Schedule the changes as part of the second phase of the project when additional funding will be available and work can be completed.

Explanation/Reference:
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 292

NEW QUESTION 220
A project has fallen behind schedule. Upon investigation, the project manager determines that team members have implemented requirements relayed via impromptu hallway meetings with the client.
Which of the following should the project manager do to resolve this issue?

Update the scope management plan.

Modify the project baselines.

Implement change control management.

Inform the stakeholders of the issue.

NEW QUESTION 221
A customer will have ongoing changes to project requirements Which of the following is the
BEST project management methodology for this requirement?

Waterfall

Agile

PRINCE2

Bottom-up

NEW QUESTION 222
Which of the following is used to perform a root cause analysis?

Ishikawa diagram

Bar chart

Pareto diagram

Scatter plot
Reference http://asq.org/learn-about-quality/cause-analysis-tools/overview/overview.html

NEW QUESTION 223
A project team is mainly based in a metropolitan area. The team also has members in a remote area, where Internet access is limited and unstable.
Which of the following factors will MOST likely influence the communication methods used in the project?

Personal preferences

Technological factors

Language barriers

Cultural differences

Explanation/Reference: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 270

NEW QUESTION 224
A project team is overseeing the installation of a new reptile habitat at the local zoo. During execution, zoo personnel decides to house a different type of reptile that will require a different temperature range than the capacity of the installed system. The modification has been approved.
Which of the following constraints are MOST likely to be affected? (Choose two.)

Quality because the existing system is now outside the threshold.

Requirements because this is a change to initial scope.

Cost because replacing the system incurs additional expense.

Schedule because this was an unscheduled task and will impact the timeline.

Stakeholders because they will need to understand the modification and provide buy-in.

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

NEW QUESTION 225
A project manager has noticed poor attendance at status meetings. Which of the following strategies should the project manager use to improve attendance? (Select TWO)

Provide an agenda before the status meeting

Adhere to an agenda and scheduled time

Add non-project-related items to the agenda

Add and discuss new agenda items throughout the meeting.

Discard the action items at the conclusion of the meeting.

NEW QUESTION 226
A risk with a high probability and medium consequence to a project has been identified. In response, the project manager has purchased an insurance plan with the intent to provide additional funds if the risk is realized. There is no risk to the schedule or scope. Which of the following types of risk strategies is this an example of?

Accept risk

Transfer risk

Mitigate risk

Exploit risk

Avoid risk

Explanation
Explanation
“Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on” Excerpt From: Kim Heldman. “CompTIA Project+ Study Guide.” iBooks.

NEW QUESTION 227
The project manager for a TV tower construction project receives notification that a strong storm is expected the following week.
Which of the following should the project manager do NEXT?

Evaluate the risk, inform major stakeholders about the problem, and issue a change request immediately.

Evaluate the risk, fill in the issue log, and communicate it according to the communication plan.

Evaluate the risk, develop a mitigation plan, and communicate it according to the communication plan.

Evaluate the risk, reschedule all outdoor tasks for a later time, and inform major stakeholders.

References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex,
Indianapolis, 2017, p. 238

NEW QUESTION 228
Some resources are waiting to be assigned to a new project. These resources are called:

underqualified resources.

benched resources.

dedicated resources.

overallocated resources.

NEW QUESTION 229
A company has determined it does not have the in-house capability to perform a project and wants to procure third-party services.
Which of the following documents will the company MOST likely release FIRST?

RFO

RFI

RFP

RFQ

References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 300

NEW QUESTION 230
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?

Prioritizing based on personal preferences

Tailoring the method based on message content

Adjusting the method based on confidentiality constraints

Demonstrating concern for technological factors

NEW QUESTION 231
A vendor was removed from a company due to non-performance but continues to submit invoices for work that was not completed. Which of the following should the project manager do to stop the vendor from sending invoices?

Draft a C&D letter and send it to vendor.

Review the MOU with the vendor.

Ask the legal departments to draft a non-complete agreement for the vendor to sign.

Meet with the finance department to prevent the vendor from sending invoices.

Explanation/Reference:

NEW QUESTION 232
A senior manager asks a project manager for an estimated budget on a new project.
Which of the following is the BEST step for the project manager to take?

Tell the senior manager the estimation is not available yet.

Use the budget from a similar project to generate estimates.

Ask a SME for an opinion and propose an estimate.

Gather the team to immediately generate estimates.

Explanation
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 164

NEW QUESTION 233
A project manager arrives at a worksite and finds the installation team performing unapproved work. The installation team claims the sponsor verbally requested the work, as it was necessary for the project.
Which of the following has MOST likely occurred?

Scope creep

Gold plating

Task reprioritization

Lack of requirements

Scope creep involves changing the project or product scope without having approval to do so and without considering the impacts that will have on the project schedule, budget, and resources.

NEW QUESTION 234
A project team is overseeing the installation of a new reptile habitat at the local zoo. During execution, zoo personnel decides to house a different type of reptile that will require a different temperature range than the capacity of the installed system. The modification has been approved.
Which of the following constraints are MOST likely to be affected? (Choose two.)

Quality because the existing system is now outside the threshold.

Requirements because this is a change to initial scope.

Cost because replacing the system incurs additional expense.

Schedule because this was an unscheduled task and will impact the timeline.

Stakeholders because they will need to understand the modification and provide buy-in.

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

NEW QUESTION 235
A company is hired to perform some of another organization’s work. Which of the following types of organizational change is described?

Outsourcing

Business process change

Shared resources

Split

Explanation/Reference:
References: References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis,
2017, p. 297

NEW QUESTION 236
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?

0.3

1.2

2.0

3.0

NEW QUESTION 237
A project team has purchased computers with warranties extending throughout the entire project. Which of the following represents the risk strategy utilized?

Transfer

Mitigate

Avoid

References:
https://teamweek.com/blog/2017/09/top-project-management-methodologies/

NEW QUESTION 238
The executive sponsor asks a project manager to summarize the following for a project:
1 . Final capital expenditures
2 . Anticipated cost of new employee resources to support the solution
3 . Maintenance estimates
Which of the following information should the project manager provide?

Burn rate

Cost variance report

Cost baseline

Total project cost

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The CompTIA PK0-004 exam consists of 95 multiple-choice and performance-based questions that must be completed within 90 minutes. PK0-004 exam is available in several languages, including English, Japanese, Portuguese, and Spanish. PK0-004 exam assesses a candidate’s knowledge of project management principles and practices, project integration, communication, scope, time, cost, quality, resource, risk, procurement, and stakeholder management.

To take the CompTIA PK0-004 certification exam, candidates must have a minimum of 12 months of experience in project management or equivalent education. They must also have a good understanding of project management concepts and methodologies. Additionally, candidates must pass the PK0-004 exam, which consists of 95 multiple-choice questions and has a duration of 90 minutes.

Pass CompTIA PK0-004 Test Practice Test Questions Exam Dumps: https://www.test4cram.com/PK0-004_real-exam-dumps.html

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