APM APM Certifications APM-PFQ Questions & Answers

• Question 161:

  Scheduling can best be defined as the process used to determine:

  A. overall project duration.

  B. project cost.

  C. the project management plan.

  D. sub-contractor's responsibilities

  Correct Answer: A

• Question 162:

  The project management plan:

  A. justifies undertaking the project.

  B. describes the success criteria for the project.

  C. focuses primarily on time related issues.

  D. describes the success factor for the project.

  Correct Answer: B

• Question 163:

  The project management plan is:

  A. owned by the Project Manager and the project team.

  B. owned by the sponsor.

  C. owned by the Project Manager.

  D. owned by the Project Manager and the project stakeholders.

  Correct Answer: C

• Question 164:

  How is project risk management best defined?

  A. A series of actions taken by a project team member or stakeholder to proactively avoid project threats.

  B. A structured process to optimise project success by minimising threats and maximising opportunities.

  C. A technique to decompose the project into component parts or discrete groups for programming purposes.

  D. A framework that allows requirements to be defined and reviewed so that the best project approach is determined.

  Correct Answer: B

• Question 165:

  Which one of the following statements about the project management plan (PMP) is FALSE?

  A. The PMP acts as a contract between the Project Manager, the project team and the sponsor.

  B. The PMP defines the baselines for the project upon which changes are considered.

  C. The PMP, once defined, will remain unchanged throughout the project.

  D. The PMP is used as a reference document for managing the project.

  Correct Answer: C

• Question 166:

  Which one of the following statements best defines a portfolio?

  A. A group of related projects, which may include business-as-usual activities, that delivers change.

  B. A timetable of how project activities and project milestones are planned over a period of time.

  C. A group of projects that represent the delivery of all, or a discrete part of a new capability.

  D. A grouping of an organisation's projects, programmes and related business-as-usual activities.

  Correct Answer: D

• Question 167:

  The value of a risk log lies in its ability to provide:

  A. A record of all risks, their impact and the actions taken to manage them.

  B. A record of the ownership of risk and issue management actions.

  C. A means of assessing the likelihood and impact of risks.

  D. A structured process for risk management.

  Correct Answer: A

• Question 168:

  The project management plan is best described as a reference document that confirms:

  A. the project completion date as agreed between the project sponsor, other stakeholders and the project manager.

  B. the agreement between the project sponsor, other stakeholders and the project manager.

  C. the key project milestones as agreed between the project sponsor, other stakeholders and the project manager.

  D. the project start date as agreed between the project sponsor, other stakeholders and the project manager

  Correct Answer: B

• Question 169:

  Which one of the following best describes stakeholders?

  A. Anyone who has heard about the project.

  B. Anyone who has an opinion about how the project should be managed.

  C. People wanting to be members of the project team.

  D. People who are affected by the project in some way.

  Correct Answer: D

• Question 170:

  Project success criteria are best defined as:

  A. the qualitative or quantitative measures by which the success of the project is judged.

  B. the factors that, when present in the project are most conducive to a successful outcome.

  C. the measures that establish if project activities are ahead or behind schedule.

  D. the activities or elements of the project which are considered to be critical to success

  Correct Answer: A