Book Image

CompTIA Project+ Certification Guide

By : J. Ashley Hunt
Book Image

CompTIA Project+ Certification Guide

By: J. Ashley Hunt

Overview of this book

The CompTIA Project+ exam is designed for IT professionals who want to improve their career trajectory by gaining certification in project management specific to their industry. This guide covers everything necessary to pass the current iteration of the Project+ PK0-004 exam. The CompTIA Project+ Certification Guide starts by covering project initiation best practices, including an understanding of organizational structures, team roles, and responsibilities. You’ll then study best practices for developing a project charter and the scope of work to produce deliverables necessary to obtain formal approval of the end result. The ability to monitor your project work and make changes as necessary to bring performance back in line with the plan is the difference between a successful and unsuccessful project. The concluding chapters of the book provide best practices to help keep an eye on your projects and close them out successfully. The guide also includes practice questions created to mirror the exam experience and help solidify your understanding of core project management concepts. By the end of this book, you will be able to develop creative solutions for complex issues faced in project management.
Table of Contents (13 chapters)

Creating the project budget

Many times, estimating costs and budgeting is a singular process. Because we all use software of some kind, it makes sense that as we add costs to project work, the software is adding them all up together and giving us an aggregated total project budget. That doesn’t mean, however, that everyone will be happy to sign off on that sizeable number and except it outright. In many cases, the business case or a contract is driving the budget from the beginning. If you are given budgetary constraints to work with upfront, then you will spend your time splitting that sizeable number into price tags, rather than the opposite: estimating first, and then budgeting. Either way, the budget and inevitable baseline are time-phased. More money is spent during the execution of project work than it is during planning. Changes are easier to adapt to during planning...