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Exam PK0-004 All Questions

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Exam PK0-004 topic 1 question 18 discussion

Actual exam question from CompTIA's PK0-004
Question #: 18
Topic #: 1
[All PK0-004 Questions]

Which of the following describes a burn rate?

  • A. The rate at which project documents are disposed.
  • B. The rate at which project personnel leave the project.
  • C. The rate at which the project budget is used.
  • D. The rate at which the timeline increases.
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Suggested Answer: C 🗳️
Reference: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 232

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CyberRooster
2 years, 2 months ago
The option that describes a burn rate is C. The rate at which the project budget is used. Burn rate is a financial term that refers to the rate at which a project is spending its budgeted funds. It is typically expressed as a monthly or weekly expenditure rate and represents the amount of money that the project is "burning through" as it progresses. Burn rate is an important metric for project managers to monitor, as it can help them to track their spending and adjust their budget accordingly. The other options listed, such as the rate at which project documents are disposed, the rate at which project personnel leave the project, and the rate at which the timeline increases, do not describe a burn rate. While these may be important project metrics to track, they do not specifically relate to the project's financial performance or budget.
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