PK0-005 Project Life Cycle Practice Question
A project manager is leading a project to implement a new enterprise resource planning (ERP) system. The project is in the Closing phase. The project manager has verified that all deliverables have been accepted by the customer and all invoices have been paid. However, the project manager realizes that the lessons learned repository has not been updated. Which of the following should the project manager do?
⚠ Common exam trap
The trap here is assuming that once deliverables are accepted and payments are made, the project can be closed without completing all Closing phase activities, such as updating lessons learned.
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
✓
Update the lessons learned repository with the project's successes, challenges, and recommendations.
The Closing phase includes updating the lessons learned repository as a key output. Even if deliverables are accepted and payments made, the project manager must capture and share lessons learned to enable organizational learning. This should be done before releasing the team and formally closing the project. It is a required step, not optional.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Proceed to close the project since all deliverables are accepted and payments are complete.
Why it's wrong here
Skipping the lessons learned update would miss a critical step in the Closing phase. Lessons learned capture valuable knowledge for future projects and are a required output of the Close Project or Phase process. Even if deliverables and payments are complete, the project cannot be formally closed without documenting lessons learned. The project manager should ensure this is done before final closure.
- ✗
Transfer the remaining project team members to other projects before updating lessons learned.
Why it's wrong here
Releasing team members should occur after lessons learned are captured, as their input is valuable for accurate documentation. If team members are released first, important insights may be lost. The project manager should gather lessons learned while the team is still available, then release them. Therefore, this action is premature and could compromise the quality of the lessons learned.
- ✓
Update the lessons learned repository with the project's successes, challenges, and recommendations.
Why this is correct
Updating the lessons learned repository is an essential part of the Closing phase. It documents what went well, what could be improved, and recommendations for future projects. This knowledge transfer is a key output of the Close Project or Phase process. The project manager should complete this before final project closure, regardless of other completion criteria. It ensures organizational learning and continuous improvement.
- ✗
Schedule a meeting with the customer to renegotiate the contract terms.
Why it's wrong here
Renegotiating contract terms is unnecessary and inappropriate at this stage. The customer has already accepted deliverables and payments are complete, indicating the contract is fulfilled. The issue is internal knowledge management, not contractual. Reopening contract discussions could damage the relationship and delay closure. The project manager should focus on completing the lessons learned documentation instead.
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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.