APM-PFQ Practice Exam and Study Guides - Verified By ActualTorrent Updated 355 Questions [Q41-Q64]

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APM-PFQ Practice Exam and Study Guides - Verified By ActualTorrent Updated 355 Questions

2024 Updated Verified Pass APM-PFQ Study Guides & Best Courses


APM APM-PFQ Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand Project Life Cycles: This topic encompasses stating the phases of a typical linear project life cycle and an iterative project life cycle. It also includes defining the terms hybrid life cycle and 'extended project life cycle.
Topic 2
  • Understand Resource, Scheduling, and Optimisation in a Project: This topic delves into the purpose of scheduling, critical path analysis, and milestones. It also defines the term time boxing.
Topic 3
  • Understand Project Management and the Operating Environment: It includes defining the term project and stating the differences between a project and business as usual. It also covers defining 'project management' and its key purpose.
Topic 4
  • Understand Quality in the Context of a Project: This topic defines the term quality and outlines the purpose of quality management. It also includes defining quality planning.
Topic 5
  • Understand Project Risk and Issue Management in the Context of a Project: The topic defines the term risk and explains the purpose of risk management. It outlines the stages of a typical risk management process. It also describes the use of risk registers.
Topic 6
  • Understand Project Management Planning: This topic explains how the deployment baseline differs between linear and iterative life cycles. Additionally, the topic outlines the stakeholders of a project management plan, the purpose, and the typical content of a business case.
Topic 7
  • Understand Leadership and Teamwork within a Project: This topic defines the term leadership and explains how a project team leader can influence team performance.

 

NEW QUESTION # 41
Three general categories for interpretation of communication could be described as:

  • A. tactile/visual, auditory, written.
  • B. telephone, computer. microphone.
  • C. email, paper, Voice.
  • D. reception, transmission, interruption.

Answer: A


NEW QUESTION # 42
Which of the following would be considered as the main purpose of a project management plan?

  • A. To provide a documented account of the outcomes of the planning process.
  • B. To provide A. record of how the project was planned, for archiving in the organisation's lessons learned.
  • C. To enable agreement between the project sponsor and project manager with regard to project budget, resource requirements and timescale.
  • D. To identify and record the projects intended financial spend over the period of project delivery.

Answer: C


NEW QUESTION # 43
What is one of the most important aspects to establish about a stakeholder's interest in the project?

  • A. If it is regular or intermittent.
  • B. If it is positive or negative.
  • C. If it is influenced by the project.
  • D. If it is influenced by other stakeholders.

Answer: B


NEW QUESTION # 44
Which statement regarding the purpose of the business case would be the most true?

  • A. It will act as a reference for the project team regarding the specific. processes to be used for project delivery.
  • B. It will determine which stakeholders are most eligible to become members of the steering group,
  • C. It will be referred to throughout the project in order to make decisions about the continuing viability of the project.
  • D. Once agreed the business case will become the baseline by which the project will be deployed,

Answer: C


NEW QUESTION # 45
Which of these statements is FALSE?

  • A. Stakeholders may be for the change or against
  • B. Stakeholders may be internal or external to your organisation
  • C. Stakeholders may have little influence or lots
  • D. Stakeholders with high influence always have high interest in the project

Answer: D


NEW QUESTION # 46
How are outputs best described?

  • A. The tangible or intangible products typically delivered by a project.
  • B. The work packages developed in the W BS for the project.
  • C. The realisation of benefits at the end Of the project.
  • D. The changed circumstances or behavior that results from their use.

Answer: A


NEW QUESTION # 47
Why is it important to produce a project management plan?

  • A. It provides justification for undertaking the project and provides a rationale for the preferred solution.
  • B. It identifies and establishes the most appropriate means of procuring the component parts or services for the project being delivered.
  • C. It sets and clarifies the expectations of all stakeholders who are involved in the project delivery.
  • D. It shows the benefits expected at the close of the project and the specific stakeholders who are involved.

Answer: C


NEW QUESTION # 48
Which of these is not part of the linear project life cycle?

  • A. Operations
  • B. Concept
  • C. Definition
  • D. Transition

Answer: A


NEW QUESTION # 49
What is the key benefit of having configuration management in the project?

  • A. It manages the impact of change to the project scope.
  • B. It ensures that the delivered product most closely meets the needs of the customer.
  • C. It is A. means to justify to the customer variances from the original objectives.
  • D. It allows a thorough assessment of the factors that are most likely to affect the change.

Answer: A


NEW QUESTION # 50
Scheduling can best be defined as the process used to determine:

  • A. sub-contractor's responsibilities
  • B. project cost estimating.
  • C. the project management plan.
  • D. overall project duration.

Answer: D


NEW QUESTION # 51
Which one of the following does not describe the prime purpose of the business case?

  • A. To define the strategic direction for the project.
  • B. To document the benefits of the various options that have been considered.
  • C. To describe the operational impact of project delivery.
  • D. To show how the project tasks will be scheduled to achieve success criteria.

Answer: D


NEW QUESTION # 52
On examining a particular risk in the project there is some uncertainty among the project team of how important this risk is to the project. How would you advise the team on how the significance of the risk is to be determined?

  • A. By assessing its probability of occurrence.
  • B. By assessing its effect on the business case.
  • C. By assessing both its probability of occurrence and its impact on project objectives.
  • D. By assessing its impact on project objectives,

Answer: C


NEW QUESTION # 53
Which one of the following statements best defines a portfolio?

  • A. A. grouping of an organisation's projects, programmes and related business-as-usual activities.
  • B. A. group of projects that represent the delivery of all, or a discrete part of a new capability.
  • C. A. timetable of how project activities and project milestones are planned over a period of time.
  • D. A. group of related projects, which may include business-as-usual activities, that delivers change.

Answer: A


NEW QUESTION # 54
Which one of the following best describes A. programme?

  • A. A group of projects collected together because of their use of common resources.
  • B. A group of projects collected together for management convenience.
  • C. A group of projects collected together that have a common purpose.
  • D. A group of projects collected together because of their relationship to business-as-usual.

Answer: C


NEW QUESTION # 55
Which one of the following is a valid project Key Performance Indicator (KPI)?

  • A. Staff appraisals.
  • B. Milestone achievement.
  • C. Management buy in.
  • D. Master schedule.

Answer: B


NEW QUESTION # 56
You have been asked to assist in the development of a project management plan for the project. As A.
minimum, what should this plan include?

  • A. Details Of previous similar projects.
  • B. A. summary of the project acceptance criteria.
  • C. Resourcing details for quality reviews.
  • D. CVs of all the team members.

Answer: B


NEW QUESTION # 57
One purpose of a typical project business case is to:

  • A. plan project work packages
  • B. analyse cost-benefit of the project.
  • C. carry out earned value analysis.
  • D. allocate resources to the project.

Answer: B


NEW QUESTION # 58
Product breakdown structures illustrate the required scope of work by a hierarchical structure itemising the:

  • A. benefits of each product.
  • B. components of each product.
  • C. budget of each product.
  • D. risks of each product.

Answer: B


NEW QUESTION # 59
The justification for the investment to be made in a project is documented in the...

  • A. Project management plan
  • B. Procurement strategy
  • C. Business case
  • D. Cost breakdown structure

Answer: C


NEW QUESTION # 60
Which one of the following is true for the Project Management Plan (PMP)?

  • A. The Project Management Plan is developed by the sponsor and owned by the project manager.
  • B. A. draft of the Project Management Plan is developed by the sponsor at the same time as the business case.
  • C. The Project Management Plan is developed by the project manager and team and owned by the sponsor.
  • D. The Project Management Plan is developed by the project manager and team and owned by the project manager

Answer: D


NEW QUESTION # 61
A project manager might use a PESTLE analysis in order to:

  • A. mitigate all possible risks to the project.
  • B. identify and mitigate factors that may affect the project.
  • C. consider team social roles in early stages of the project
  • D. control technological change during the project.

Answer: B


NEW QUESTION # 62
What is the main objective of an audit?

  • A. Provide a report of the current status of the project regarding cost and schedule performance.
  • B. Provide feedback to the project manager with regard to their performance in managing the project.
  • C. Provide assurance to the project sponsor that the project is going to finish on time and within budget.
  • D. Provide assurance to the sponsor that the project is being managed using the agreed governance and process.

Answer: D


NEW QUESTION # 63
Which of the following statements about scheduling is false?

  • A. Defines the sequence of activities.
  • B. Quantifies the required resources.
  • C. Provides a baseline for safety considerations.
  • D. Considers work calendars and time contingency.

Answer: C


NEW QUESTION # 64
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