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)

Summary

This was a large chapter with a ton of information in it. You covered many topics in cost and in risk, and it’s OK to feel a bit of a headache coming on. See how you do in the practice question section, and as needed, go back through this chapter again to brush up on the information. Much of what we covered is highly testable, so this chapter is an important one to understand. First, we covered estimating costs and in addition to estimating for resources and scope of work we included quality management and the cost of quality into those estimates. Then, we covered the importance of quality gates and governance gates, to make sure we are getting what we paid for on the quality side of things and determining go/no go decisions and formal sign-off.

Then we covered creating the project budget and aggregating costs and risk reserves together to gain approval on the cost...