CompTIA Updated PK0-005 Exam Questions and Answers by avani

A communication plan details the communication requirements, including methods, frequency, and stakeholders for each type of update. According to CompTIA Project+, this plan is essential for ensuring effective and organized communication throughout the project.

 The project manager should exploit the risk after an opportunity emerged in the middle of a project life cycle. Exploit is a risk response strategy that aims to increase the probability and/or impact of a positive risk or opportunity. Exploit can involve actions such as allocating more resources, changing the scope or schedule, or adding more features or benefits to the project deliverables. Exploit can help to ensure that the opportunity is realized and that the project gains more value or advantage from it3

Zero-based budgeting involves starting from a “zero base” and justifying each expense without reference to previous budgets. This budgeting method promotes financial discipline and aligns with CompTIA Project+ guidelines on budget control and justification.

When a project involves new or unfamiliar technologies, it's essential to ensure that the project team has the necessary knowledge and skills. Providing training to team members helps bridge knowledge gaps and prepares them to handle project tasks effectively. Simultaneously, developing a detailed scope statement clarifies the project's objectives, deliverables, and boundaries, which is crucial for guiding the team's efforts and setting stakeholder expectations.

According to the CompTIA Project+ PK0-005 exam objectives, under Domain 2.2: Given a scenario, determine the appropriate scope management activities, training and scope definition are key activities in managing project scope and ensuring team readiness.