CompTIA Updated PK0-005 Exam Questions and Answers by august

the brand of a project should deliver the message about its value and goals, and a proper brand helps the project get the necessary support and increases loyalty. The project that promotes new initiatives to expand its benefit to other communities is the one that best represents the project impact to a company’s brand value, as it shows the company’s vision, cause, and reputation.

This is a technique that involves acknowledging both sides of an argument, finding common ground, and suggesting a compromise that satisfies both parties. References = CompTIA Project+ Study Guide1, Chapter 12: Conflict Resolution Techniques

According to the CompTIA Project+ Study Guide1, conflict resolution is the process of managing and resolving disagreements or disputes among project team members or stakeholders. Conflict resolution techniques are the methods or strategies that the project manager can use to facilitate constructive communication and collaboration among the parties involved in a conflict situation.

A dashboard is a tool that the project manager will most likely use to update the project sponsor and senior stakeholders about the progress of a project. A dashboard is a graphical tool that displays key performance indicators (KPIs), metrics, and data related to a project using charts, graphs, tables, or other visual elements. A dashboard can help to provide a quick and easy overview of the project status and performance and highlight any issues or risks that need attention.

Transfer is a risk management strategy that involves shifting the responsibility or impact of a risk to a third party, such as an insurance company, a vendor, or a contractor1. By buying an extended warranty for a set of servers, the project manager is transferring the risk of server failure or malfunction to the warranty provider, who will cover the cost of repair or replacement in case of a risk event. This way, the project manager reduces the exposure and liability of the project to the risk, while still retaining some level of accountability and oversight2. References = CompTIA Project+ PK0-005 Certification Study Guide, Chapter 8: Planning Projects Part 4, page 245; 4 Risk Management Strategies for Successful Project Execution, Risk transferring section; How to Manage Project Risk: A 5-Step Guide, Risk treatment section.