PK0-005 Project Life Cycle Practice Question
A project manager is developing the project charter. Which of the following should be included as a key element of the project charter?
⚠ Common exam trap
PK0-005 often tests the confusion between charter-level (high-level) content and planning-level (detailed) artifacts — candidates incorrectly select detailed plans like WBS or risk response plans 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
✓
High-level budget and schedule
The project charter is a high-level document that formally authorizes the project and gives the project manager authority to apply resources. It typically includes the project purpose, measurable objectives, high-level requirements, high-level risks, summary budget, summary milestone schedule, and stakeholder list. High-level budget and schedule are core charter elements because they establish the initial financial and time boundaries.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
High-level budget and schedule
Why this is correct
The project charter authorises the project and records the high-level budget and schedule, giving stakeholders the approved cost and timeline boundaries. Including these satisfies the charter's purpose of formally establishing scope, funding and time expectations before detailed planning begins.
- ✗
Detailed risk response plan
Why it's wrong here
The charter authorises the project and captures high-level scope, objectives, stakeholders and success criteria; detailed risk responses belong in the risk management plan created later. Including them is tempting because risk is a charter concern, but only at summary level, not as detailed response strategies.
- ✗
Work Breakdown Structure
Why it's wrong here
The Work Breakdown Structure is created during planning by decomposing deliverables, which happens only after the charter is approved. It is tempting because the WBS is a core project artefact, yet the charter must instead capture high-level elements such as objectives, success criteria, budget summary and stakeholder list.
- ✗
Communication management plan
Why it's wrong here
A communication management plan is produced during project planning, after the charter authorises the project, so it cannot be a charter element. It is tempting because communications planning is genuinely essential, but it belongs in the project management plan, not the document that formally authorises the project and names the project manager.
Go deeper
Related to this question
About these practice questions
This PK0-005 question is part of Courseiva's 954-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed September 2026 · checked against the official CompTIA exam blueprint
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.