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Exam PK0-004 topic 1 question 740 discussion

Actual exam question from CompTIA's PK0-004
Question #: 740
Topic #: 1
[All PK0-004 Questions]

At the conclusion of a project, the sponsor wants to review the performance of the project with a postmortem financial review. Which of the following are included in the review? (Choose two.)

  • A. Actual cost
  • B. Estimate at completion
  • C. Planned value
  • D. Burn rate
  • E. Budget at completion
  • F. Estimate to completion
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Suggested Answer: AC 🗳️

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kmanb
2 years, 3 months ago
Selected Answer: AC
Actual cost and budget at completion are included in the postmortem financial review. The actual cost is the total amount of money that was spent on the project. The budget at completion is the total amount of money that was allocated for the project. Comparing these two numbers allows the project sponsor to understand whether the project was completed within budget or over budget. Other financial measures, such as estimate at completion, planned value, burn rate, and estimate to completion, may also be relevant in the postmortem financial review, but actual cost and budget at completion are the two most important measures in terms of understanding the overall financial performance of the project.
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