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)

Budget and Contingency Plans for Risk

In this chapter, we will be reviewing a lot of information on cost estimating and how including quality management and risk into your estimates will provide you with a comprehensive, time-phased budgetary baseline. We will also cover tracking the performance of costs and schedules, using the earned-value technique and the formulas that can be used to discover variances from your baselines. Then, we will review risk management and how to identify and manage risks by creating a risk register. We will then review how discovering the price tags of potential risks can help you make better project decisions. Lastly, we will review several response categories for managing risk events on your projects.

This chapter will cover the following topics:

  • Estimating costs
  • Quality management and the cost of quality
  • Quality gates and governance gates
  • Creating...