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PK0-005 Practice Question: A project manager is creating a project charter
A project manager is creating a project charter. Which TWO components are typically included in a project charter? (Choose two.)
⚠ Common exam trap
The PK0-005 exam often tests the distinction between high-level and detailed components, so the trap here is that candidates confuse the project charter with the project management plan, selecting detailed items like budget or communication plan that belong to later phases.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Business need
The project charter is a high-level document that authorizes the project and provides the project manager with the authority to apply organizational resources. The business need (option B) is a core component because it justifies why the project is being undertaken, linking it to organizational strategy. High-level risks (option E) are also included to identify potential uncertainties at the outset, without requiring detailed analysis, which aligns with the charter's purpose of providing a broad overview.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Detailed budget
Why it's wrong here
Detailed budget is developed later in planning.
- ✓
Business need
Why this is correct
Business need justifies the project and is included in the charter.
- ✗
Task assignments
Why it's wrong here
Task assignments are defined in the project plan.
- ✗
Communication plan
Why it's wrong here
Communication plan is a separate document.
- ✓
High-level risks
Why this is correct
High-level risks are identified in the charter.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This PK0-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PK0-005 exam.