Free Practice Questions for CompTIA PK0-005 Exam

The project manager should use a Pareto chart to prioritize which defects to address for the product. A Pareto chart is a type of bar chart that shows the frequency or impact of different causes of problems or defects. It also shows a cumulative line that represents the percentage of the total frequency or impact. A Pareto chart can help to prioritize the causes that have the most significant effect on the quality of the product and apply the 80/20 rule, which states that 80% of the problems are caused by 20% of the causes.

The scenario indicates a breakdown in communication between the project team and the project sponsor. The sponsor was unaware of the issues and could not provide guidance on the next steps, highlighting a deficiency in the project's communication processes.

According to the CompTIA Project+ PK0-005 exam objectives, under Domain 1.8: Compare and contrast communication management concepts, it is essential to:

Develop communication platforms/modalities

Manage project communication

Control project communication

One of the key aspects of controlling project communication is:

Revising the communication plan

The communication plan outlines how information is disseminated among stakeholders, including the frequency, methods, and responsible parties. If a sponsor is uninformed about project issues, it suggests that the communication plan is either inadequate or not being followed correctly.

The CompTIA Project+ PK0-005 Certification Study Guide further elaborates on this by stating that:

The communication plan should be reviewed and updated regularly to ensure effective information flow among stakeholders.

In this case, revising the communication plan would address the communication gaps, ensuring that the sponsor and other stakeholders receive timely and accurate information about project issues and developments.

Closing contracts involves finalizing any remaining contractual obligations and formally closing out the relationship with the vendor. CompTIA Project+ emphasizes this as part of the project closure phase to ensure all legal and financial aspects are complete.

In response to new legislation requiring the release of contractors or their conversion to full-time employees, the project manager should prioritize compliance with the law. This may involve using only full-time employees, even if it results in project delays. The focus should be on legal compliance and the ethical treatment of workers, rather than solely on project timelines.

References = The answer is based on standard project management practices and the typical response to changes in legislation affecting project staffing. For detailed information, please refer to the CompTIA Project+ Study Guide and other official CompTIA resources.

An RFP (request for proposal) is a document that solicits proposals from potential vendors for a specific project or service. An RFP typically describes the project scope, requirements, evaluation criteria, and instructions for submitting proposals. An RFP is the best document for the company to use to obtain and compare information on cabling services and costs from various vendors, as it allows the company to evaluate the vendors’ qualifications, experience, approach, and pricing12.

Using a corporate virtual private network (VPN) over a secure home internet connection is the most secure method for remote access. A VPN encrypts the data transmitted between the user's device and the company's network, protecting sensitive information from potential interception.

In the CompTIA Project+ PK0-005 exam objectives, under Domain 4.3: Explain the importance of risk strategies and activities, understanding secure methods for remote access is emphasized .

By connecting through the corporate VPN, the team member ensures that the emergency update is performed securely, maintaining the integrity and confidentiality of the company's systems and data.

To account for potential risks, project managers use Expected Monetary Value (EMV) analysis. EMV is calculated by multiplying the probability of a risk event by its potential impact and adding this to the base estimate.

Base estimate: 9 days, $3,000

Risk impact: 5 additional days, $1,000 extra cost

Probability of risk: 20% (0.2)

Calculations:

Time: 9 days + (0.2 * 5 days) = 9 + 1 = 10 days

Cost: $3,000 + (0.2 * $1,000) = $3,000 + $200 = $3,200

However, to ensure sufficient contingency, it's prudent to budget for the full potential impact:

Time: 9 days + 5 days = 14 days

Cost: $3,000 + $1,000 = $4,000

But since the risk has only a 20% chance of occurring, the EMV approach provides a balanced estimate:

Time: 9 days + 1 day (20% of 5 days) = 10 days

Cost: $3,000 + $200 (20% of $1,000) = $3,200

Therefore, the most accurate budget considering the risk is 10 days and $3,200.

This aligns with the CompTIA Project+ PK0-005 exam objectives under Domain 1.4: Given a scenario, perform risk management activities, which includes understanding and applying EMV analysis.

These are two of the key activities in the closing phase, as they involve finalizing the use of resources and resolving any remaining risks that may affect the project performance or quality. References = CompTIA Project+ Study Guide1, Chapter 12: Closing Phase Activities

Identifying the root cause analysis. Identifying the root cause analysis is a quality assurance tool that can help to find and eliminate the underlying causes of quality problems or defects. Root cause analysis is a systematic process of asking why a problem occurred and tracing it back to its source. Root cause analysis can help to prevent recurrence of the same or similar problems, improve quality performance, and reduce costs and risks12