The latest CompTIA Project+ PK0-004 certification actual real practice exam question and answer (Q&A) dumps are available free, which are helpful for you to pass the CompTIA Project+ PK0-004 exam and earn CompTIA Project+ PK0-004 certification.
Exam Question 361
Which of the following can a project manager use to keep track of finances and ensure costs are accurately applied to a project?
A. PO numbers
B. Cost baseline
C. Bill of materials
D. WBS codes
Correct Answer:
D. WBS codes
Exam Question 362
Company A recently partnered with Company B. Over the past few months, multiple teams have been working to refine internal processes to deliver products in a more timely manner.
If the effort is successful, which of the following will MOST likely occur?
A. Reorganization
B. Relocation
C. Outsourcing
D. Demerger
Correct Answer:
A. Reorganization
Exam Question 363
Project B cannot start before Project A is complete, but Project B has been given authorization to begin to meet legislative requirements.
Which of the following is the BEST way to expedite the projects?
A. Project A can reduce the number of deliverables.
B. Project A can be crashed using Project B’s resources.
C. Project B can have its resources leveled.
D. Project B can begin without Project A completing, therefore accepting future rework.
Correct Answer:
B. Project A can be crashed using Project B’s resources.
Exam Question 364
A number of requirements, conflicts, and reworks during a project delayed the schedule, increased the budget, and required replanning efforts.
Which of the following is MOST likely the cause?
A. There were not enough resources assigned to the project execution team.
B. The PMO was not involved in project initiation and planning.
C. Proper team-building activities were not performed when starting the project.
D. A few major stakeholders were overlooked during project initiation and planning.
Correct Answer:
B. The PMO was not involved in project initiation and planning.
Exam Question 365
A project manager is collecting the number of hours, the resources, and the amount of money spent on hardware and software.
Which of the following is MOST likely the purpose of collecting this information?
A. Financial stability
B. Competitive advantage
C. Budget constraints
D. Expenditure tracking
Correct Answer:
D. Expenditure tracking
Exam Question 366
A customer approaches a team member to report that old functionality is no longer valid due to technology restrictions.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. Notify the team that the change has been made.
B. Update the project management plan based on the change.
C. Proceed to the next task in the project schedule.
D. Conduct an impact analysis to verify there is no collateral damage.
Correct Answer:
C. Proceed to the next task in the project schedule.
Exam Question 367
A project manager is working on a project, which needs to be delivered within six months. The project sponsor has made it known that the six months is non-negotiable and additional funding can be provided, if required.
The project is in the fifth month, and testing is ongoing. The project team has identified a major defect that will take up to one month to rectify.
Which of the following is the BEST action for the project manager to take to ensure the project finishes as planned?
A. Obtain additional resources to crash the timelines.
B. Continue the project as is and communicate the imminent one-month delay to the sponsor.
C. Fast-track non-critical-path activities.
D. Deliver the products to meet the timelines and create an additional phase to address issues.
Correct Answer:
A. Obtain additional resources to crash the timelines.
Exam Question 368
As part of the early stages of a potential corporate acquisition, which of the following documents should the acquiring organization complete, showing regulators and investors the offered purchase price and target closing date?
A. Sales contract
B. Memorandum of agreement
C. Letter of intent
D. Purchase order
Correct Answer:
A. Sales contract
Exam Question 369
Which of the following risk management activities identifies the severity of a risk event?
A. Quantification
B. Identification
C. Response
D. Mitigation
Correct Answer:
B. Identification
Exam Question 370
Which of the following is the first document issued during the procurement process in a project?
A. PO
B. RFP
C. RFI
D. RFQ
Correct Answer:
C. RFI