CompTIA PK0-004 Exam (page: 22)
CompTIA Project+
Updated on: 01-Sep-2025

Viewing Page 22 of 147

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?

  1. Wait until the change requests are approved by the CCB.
  2. Approve the changes because the additional functionality is required to complete the process.
  3. Speak with the project sponsor and provide a detailed analysis of the changes and impacts to the project budget.
  4. Schedule the changes as part of the second phase of the project when additional funding will be available and work can be completed.

Answer(s): A


Reference:

Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 292



The chairperson of the board is visiting from another country and wishes to meet the project team members. The next project team meeting will be held next week, but the chairperson is leaving before the meeting. Which of the following actions should the project manager take?

  1. Schedule a conference call for the team meeting and invite the chairperson.
  2. Arrange an impromptu team meeting with the chairperson.
  3. Email the chairperson the meeting minutes from the scheduled meeting
  4. Invite the chairperson to the next project team meeting

Answer(s): B


Reference:

Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 259



Which of the following are characteristics of a project? (Choose two.)

  1. A project is a temporary endeavor.
  2. A project provides a unique product, service, or result.
  3. A project is an ongoing endeavor.
  4. A project involves scheduled maintenance.
  5. A project includes life-cycle cost management.

Answer(s): A,B


Reference:

Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 71



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

  1. Transfer
  2. Share
  3. Mitigate
  4. Avoid

Answer(s): C


Reference:

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



Which of the following Agile ceremonies is used to determine the backlog items that will be worked on the next weeks?

  1. SCRUM retrospective meeting
  2. Sprint planning meeting
  3. Daily standup meeting
  4. Review meeting

Answer(s): B


Reference:

https://www.atlassian.com/agile/ceremonies



Viewing Page 22 of 147



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