Prepare for the Actual Project+ PK0-005 Exam Practice Materials Collection [Q126-Q142]

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Prepare for the Actual Project+ PK0-005 Exam Practice Materials Collection

Project+ Certified Official Practice Test PK0-005 - Apr-2024

NEW QUESTION # 126
During a gate review meeting, the deliverable was rejected by the customer.
INSTRUCTIONS
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.
Part 1:

Part 2:

Answer:

Explanation:
See the Explanation for the solution.
Explanation:
Part 1:
Change Control Process:
Consult the RACI matrix.
Define new requirements and record changes.
Assess the schedule, risk, and cost.
Perform a demonstration.
Obtain a sign off.
Update and test the deliverable.
Make an announcement on the company portal.
The change control process is a sequence of steps that helps to manage and document any changes or
modifications to a project scope, schedule, cost, quality, or resources. The change control process typically
involves the following steps:
Consult the RACI matrix. A RACI matrix is a tool that defines and clarifies the roles and responsibilities
of each team member for each task or activity in a project. RACI stands for responsible, accountable,
consulted, and informed. Consulting the RACI matrix can help to identify who needs to be involved or
informed about the change request and how to communicate with them.
Define new requirements and record changes. The new requirements and changes are the details of what
needs to be modified or added to the project deliverables or objectives based on the customer feedback
or request. Defining and recording the new requirements and changes can help to communicate and
justify the need and rationale for the change and its implications on the project scope and quality.
Assess the schedule, risk, and cost. The schedule, risk, and cost are the aspects of the project that may be
affected by the change request. Assessing the schedule, risk, and cost can help to determine the impact
and feasibility of the change and identify any possible alternatives or corrective actions to minimize or
avoid its negative effects.
Perform a demonstration. A demonstration is a presentation or show of how the modified or updated
deliverable works or meets the customer expectations or requirements. Performing a demonstration can
help to validate and verify that the change request has been implemented correctly and effectively and to
obtain feedback or approval from the customer or stakeholders.
Obtain a sign off. A sign off is a formal acceptance and approval of the change request and its
deliverables from the customer or stakeholders. Obtaining a sign off can help to confirm that the change
request has been completed successfully and satisfactorily and to close the change control process.
Update and test the deliverable. The deliverable is the product or service that is produced or provided by
the project. Updating and testing the deliverable can help to ensure that it meets the quality standards
and criteria and that it works as expected after implementing the change request.
Make an announcement on the company portal. The company portal is a platform or channel that allows
internal communication and collaboration among employees within an organization. Making an
announcement on the company portal can help to inform and update other team members or departments
about the change request and its outcomes and to share any lessons learned or best practices from the
change control process.
Part2:
Risk register: A risk register is a document that identifies, analyzes, and records the potential risks or
uncertainties that may affect a project. Updating the risk register can help to capture any new or
modified risks that may arise from the change request and to plan and implement appropriate risk
responses.
Schedule: A schedule is a document that shows the planned start and end dates, durations,
dependencies, and progress of each task or activity in a project. Updating the schedule can help to reflect
any changes or adjustments to the project timeline or milestones that may result from the change request
and to monitor and control the project performance and delivery.
Statement of work: A statement of work (SOW) is a document that defines the scope, deliverables,
schedule, and terms and conditions of a project or contract. Updating the SOW can help to document
any changes or additions to the project scope or deliverables that may be requested or agreed upon by
the customer or stakeholders and to ensure alignment and agreement on what needs to be done and how
it will be done.
Change log: A change log is a document that tracks and records any changes or modifications that are
made to the project scope, schedule, cost, quality, or resources during a project. Updating the change log
can help to document the change request, approval, implementation, and impact of each change and
ensure traceability and transparency.


NEW QUESTION # 127

Given the following network diagram:
Which of the following is the critical path?

  • A. A-B-F-L-M
  • B. A-B-E-J-L-M
  • C. A-C-G-K-M
  • D. A-B-D-l-L-M

Answer: C

Explanation:
The critical path is the sequence of tasks that determines the minimum project duration. It is the longest path through the network diagram and has the least amount of slack or float. Based on the provided network diagram, the critical path is A-C-G-K-M, which has the longest total duration when adding up the individual task durations. References = The concept of the critical path is covered in the CompTIA Project+ Certification Study Guide1. For more detailed information on how to calculate and identify the critical path in project management, you can refer to the study guide and other project management resources2.


NEW QUESTION # 128
A piece of equipment has malfunctioned and is stalling the completion of a deliverable for a project. Which of
the following should the project manager do next?

  • A. Buy a replacement for the faulty equipment.
  • B. Rate the severity of the impact the issue has on the project.
  • C. Escalate the issue to the project sponsor.
  • D. Get the maintenance team to resolve the issue.

Answer: B

Explanation:
This answer is based on the best practice of issue management in project management, which is to identify,
analyze, prioritize, and resolve issues that affect the project performance, scope, schedule, quality, or
budget12. The first step in this process is to rate the severity of the impact the issue has on the project, which
involves assessing the likelihood and consequences of the issue, and assigning a rating or score to the issue
based on a predefined scale or criteria34. By rating the severity of the impact, the project manager can
determine the urgency and importance of the issue, and decide the appropriate course of action to address the
issue56. Rating the severity of the impact is better than the other options because:
Buying a replacement for the faulty equipment may not be feasible, cost-effective, or timely, depending
on the availability, price, and delivery time of the equipment. It may also require approval from the
project sponsor or other stakeholders, and may affect the project budget or scope7.
Getting the maintenance team to resolve the issue may not be possible, depending on the nature and
extent of the malfunction, the skills and availability of the maintenance team, and the warranty or
service contract of the equipment. It may also take time and resources to diagnose and fix the problem,
and may cause further delays or disruptions to the project8.
Escalating the issue to the project sponsor may not be necessary, depending on the severity and
complexity of the issue, and the authority and responsibility of the project manager. It may also create
unnecessary alarm or confusion among the project stakeholders, and may undermine the project
manager's credibility or autonomy9.
References = CompTIA Project+ Certification Study Guide, CompTIA Project+ Certification Exam
Objectives, What is Issue Management?1, Issue Management Process2, How to Assess the Severity of Project
Issues3, How to Prioritize Project Issues4, How to Replace Faulty Equipment in Project Management5, How
to Manage Equipment Maintenance in Project Management6, How to Escalate Issues in Project Management7


NEW QUESTION # 129
A sponsor prefers to communicate with the team using email, phone calls, conversations in the hallway, and impromptu meetings. Which of the following types of communication is the sponsor using?

  • A. Synchronous communication
  • B. Formal communication
  • C. Asynchronous communication
  • D. Informal communication

Answer: D

Explanation:
Informal communication is a type of communication that is casual, spontaneous, and unstructured. It does not follow any predefined rules, protocols, or formats. Examples of informal communication include email, phone calls, conversations in the hallway, and impromptu meetings12. The sponsor is using informal communication to communicate with the team, as these methods are convenient, flexible, and personal. However, informal communication may also have some drawbacks, such as lack of documentation, inconsistency, and potential for misunderstanding3. Therefore, the sponsor should also use formal communication when necessary, such as for official reports, contracts, and presentations4.


NEW QUESTION # 130
Which of the following should be the PRIMARY basis for establishing metrics that measure the effectiveness of an information security program?

  • A. Residual risk
  • B. Control objectives
  • C. Risk tolerance
  • D. Regulatory requirements

Answer: B

Explanation:
Control objectives are the desired outcomes or goals of implementing security controls to mitigate risks and protect information assets. Control objectives should be the primary basis for establishing metrics that measure the effectiveness of an information security program, as they align with the business objectives, requirements, and expectations of the organization and its stakeholders. Metrics based on control objectives can help to evaluate the performance, efficiency, and maturity of the security program, and to identify gaps, issues, and areas for improvement. The other options are not correct because:
* Residual risk is the remaining risk after applying security controls. Residual risk is not a basis for establishing metrics, but rather a result of measuring the effectiveness of security controls. Residual risk should be monitored and reported, but it does not define the desired outcomes or goals of the security program.
* Regulatory requirements are the external standards, laws, and regulations that the organization must
* comply with to avoid legal or financial penalties. Regulatory requirements are not a basis for establishing metrics, but rather a constraint or a driver for the security program. Metrics based on regulatory requirements can help to demonstrate compliance, but they may not reflect the actual effectiveness or efficiency of the security program.
* Risk tolerance is the level of risk that the organization is willing to accept or bear. Risk tolerance is not a basis for establishing metrics, but rather a factor or an input for the security program. Metrics based on risk tolerance can help to prioritize and allocate resources, but they may not measure the actual outcomes or goals of the security program. References = Key Performance Indicators for Security Governance, Part 1; 14 Cybersecurity Metrics + KPIs You Must Track in 2023; KPIs in Information Security: The 10 Most Important SecurityMetrics; Why metrics are crucial to proving cybersecurity programs' value; Implementing and Maintaining Security Program Metrics


NEW QUESTION # 131
Someone claiming to be from a tax agency sent an email to a team member asking for access to the project repository. Which of the following BEST describes this scenario?

  • A. Phishing
  • B. Hacking
  • C. Spoofing
  • D. Social engineering

Answer: A

Explanation:
Explanation
Phishing is a scenario where someone claiming to be from a legitimate organization sends an email or other message to a target person asking for sensitive information or access to a system or account. Phishing is a type of cyberattack that aims to trick the target into revealing personal or financial data or installing malware on their device. Phishing can compromise the security and privacy of the target and expose them to identity theft, fraud, or other malicious activities.


NEW QUESTION # 132
A project manager wants to schedule a troubleshooting session for team members who are located in Germany
and California. Which of the following is most important for the project manager to consider when setting up
the session?

  • A. Cultural differences
  • B. Time zones
  • C. Language barriers
  • D. Technological factors

Answer: B

Explanation:
Time zones are the most important factor to consider when setting up a troubleshooting session for team
members who are located in different regions of the world. The project manager should ensure that the session
is scheduled at a convenient and reasonable time for all participants, and avoid scheduling conflicts or
communication delays. Time zones can also affect the availability and responsiveness of stakeholders,
vendors, and customers1.


NEW QUESTION # 133
A project team evaluated the performance of a new reporting system and the quantity of queries to be processed during predetermined time stamps.

Which of the following is the current status of the process?

  • A. The goal should be adjusted since most of the data points are close to the lower limit.
  • B. The amount of data is insufficient to determine if quality is low.
  • C. Based on the rule of seven, the process is under control
  • D. The process is out of control and should be revised.

Answer: D

Explanation:
The process is out of control and should be revised. The project manager can use the rule of seven to determine the status of the process based on the control chart. The rule of seven states that if seven or more consecutive measurements fall on one side of the mean that there's an assignable cause that needs investigation. In this case, the last seven data points are all below the mean, which indicates that the process is out of control and in need of adjustment12


NEW QUESTION # 134
A PM learns about some communication issues with different stakeholders and team members. Which of the following should the PM do NEXT?

  • A. Talk with the head of the PMO.
  • B. Escalate the communication issues.
  • C. Implement a communication platform.
  • D. Review the communication plan.

Answer: D

Explanation:
Explanation
The project manager should review the communication plan after learning about some communication issues with different stakeholders and team members. A communication plan is a document that defines and documents the communication goals, strategies, methods, channels, frequency, roles, and responsibilities for a project. A communication plan can help to facilitate effective and timely communication among all stakeholders involved in a project and avoid confusion, misunderstanding, or conflicts.


NEW QUESTION # 135
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. Gap analysis
  • B. Meeting cadence
  • C. Dashboard
  • D. Adoption training

Answer: C

Explanation:
A dashboard is a visual tool that displays key project metrics and indicators in a single view12. 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 way34. A dashboard can also facilitate communication, collaboration, and decision making among project stakeholders56. A dashboard should be reviewed and updated regularly to reflect the current state of the project7. Reference = CompTIA Project+ Certification Study Guide8, CompTIA Project+ Certification Exam Objectives9, Write a Project Status Report in 8 Steps + Template [2023] * Asana6, Project Status Reports: 9 Easy Steps & Examples [+ Template]7, How To Write a Project Status Report (Definition and Steps)8, How to Write a Project Status Report [Template Included] - Toggl9, What Is a Project Status? Definition and Key Terms - Indeed10


NEW QUESTION # 136
During an agile project, a team member checked the project artifacts in order to anticipate when all the work
should have been completed. Which of the following charts was the team member most likely consulting?

  • A. Burndown chart
  • B. Gantt chart
  • C. Milestone chart
  • D. Pareto chart

Answer: A

Explanation:
A burndown chart is a visual representation of the remaining work versus the time required to complete it1. It
is commonly used by agile teams to track the progress of each iteration or sprint and to forecast the project
completion date2. A burndown chart shows the ideal work remaining line and the actual work remaining line,
which can help the team identify any deviations or impediments and adjust accordingly1. A burndown chart is
different from a Pareto chart, which shows the frequency of different causes of problems; a milestone chart,
which shows the key events and deliverables of a project; and a Gantt chart, which shows the dependencies
and durations of tasks in a project3. References = CompTIA Project+ Study Guide: Exam PK0-005, 3rd
Edition, Chapter 6: Planning Projects Part 2, page 173; Burndown Chart: What Is It & How to Use One for
Agile - ProjectManager, Introduction and Components of a Burndown Chart sections; Burndown Chart: What
it is, How to Use it, Example [2023] * Asana, Introduction and What is a burndown chart? sections.


NEW QUESTION # 137
An software engineer is applying new updates to a program in a sandbox environment. Which of the following risk strategies best describes this practice?

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

Answer: C

Explanation:
Mitigate is a risk strategy that involves taking actions to reduce the probability or impact of a risk. By applying new updates to a program in a sandbox environment, the software engineer is testing the changes before implementing them in the actual system, thus minimizing the chance of errors or failures that could affect the project1.


NEW QUESTION # 138
Because the project team lacks hands-on experience, the project manager has decided to involve a third-party vendor to complete the development of a product. Which of the following documents should the project manager expedite first?

  • A. RFB
  • B. RFQ
  • C. RFI
  • D. RFP

Answer: D

Explanation:
When a project team lacks hands-on experience and decides to involve a third-party vendor for product development, the first document to expedite is a Request for Proposal (RFP). An RFP outlines the project requirements and asks potential vendors to submit proposals detailing how they would meet those requirements and at what cost. This allows the project manager to evaluate the capabilities and offerings of different vendors before making a decision.
References = CompTIA Project+ Certification Study Guide (PK0-005)


NEW QUESTION # 139
Which of the following requires the MOST availability from the business team?

  • A. Waterfall
  • B. Scrum
  • C. SDLC
  • D. PRINCE2

Answer: B

Explanation:
Scrum requires the most availability from the business team among the given options. Scrum is a popular agile framework that organizes work into short iterations called sprints, usually lasting one to four weeks. Scrum emphasizes collaboration between teams, customers, and stakeholders and encourages open communication and transparency throughout the project lifecycle. Scrum requires frequent involvement and feedback from the business team through activities such as product backlog refinement, sprint planning, sprint review, sprint retrospective, and daily scrum meetings.


NEW QUESTION # 140
Which of the following tools is best to use for storing lessons learned?

  • A. Wiki knowledge base
  • B. Content management system
  • C. Workflow platform
  • D. Whiteboard

Answer: A

Explanation:
A wiki knowledge base is a collaborative online platform that allows users to create, edit, and share information about a specific topic or domain1. A wiki knowledge base is best to use for storing lessons learned because it enables easy access, retrieval, and update of the lessons learned by project teams and stakeholders2. A wiki knowledge base can also support keyword search, version control, and linking of related documents3. A wiki knowledge base is different from a whiteboard, which is a physical or digital board that can be used for brainstorming, sketching, or presenting ideas; a content management system, which is a software application that allows users to create, manage, and publish digital content; and a workflow platform, which is a software tool that automates and streamlines business processes4. References = CompTIA Project+ Study Guide: Exam PK0-005, 3rd Edition, Chapter 14: Closing the Project, page 403; Capturing Lessons Learned in Project Management [2023] * Asana, Different types of lessons learned sessions and Lessons Learned Process in Project Management sections; Project Management Lessons Learned | Smartsheet, What Are Lessons Learned in Project Management? and Lessons Learned Process in Project Management sections; How to Do Lessons Learned in Project Management, Store and Retrieve sections.


NEW QUESTION # 141
A financial manager reports that several employees' allocations from the past month appear to be 200% even though they are only assigned to a particular project. Which of the following could MOST likely be the cause of this issue?

  • A. A project manager did not provide the project sign-off.
  • B. A project manager assigned the wrong resources.
  • C. A project manager did not remove the system access.
  • D. A project manager did not release the resources

Answer: D

Explanation:
A project manager did not release the resources. A project manager not releasing the resources could most likely be the cause of this issue where several employees' allocations from the past month appear to be 200% even though they are only assigned to a particular project. Releasing resources is a process of freeing up or reallocating any human or material resources that were used for a project after its completion or closure.
Releasing resources can help to update the resource availability and utilization records and avoid any conflicts or errors in resource allocation or reporting.


NEW QUESTION # 142
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Ace CompTIA PK0-005 Certification with Actual Questions Apr 26, 2024 Updated: https://www.actual4exams.com/PK0-005-valid-dump.html