GAQM GAQM Certifications APM-001 Questions & Answers

• Question 101:

  What are the identified risks for doing excessive decomposition in a WBS?

  A. Insufficient project funding and disqualification of sellers

  B. Insufficient project funding and ineffective use of resources

  C. Disqualification of sellers and non-productive management efforts

  D. Non-productive management effort and inefficient use of resources

  Correct Answer: D

• Question 102:

  Requirements documentation, requirements management plan, and requirements traceability matrix are all outputs of which process?

  A. Control Scope

  B. Collect Requirements

  C. Create WBS

  D. Define Scope

  Correct Answer: B

• Question 103:

  Which of the following is a strategy to deal with positive risks or opportunities?

  A. Mitigate

  B. Transfer

  C. Exploit

  D. Avoid

  Correct Answer: C

• Question 104:

  Fast tracking is a schedule compression technique used to shorten the project schedule without changing project scope. Which of the following can result from fast tracking?

  A. The risk of achieving the shortened project time is increased.

  B. The critical path will have positive total float.

  C. Contingency reserves are released for redeployment by the project manager.

  D. Duration buffers are added to maintain a focus on planned activity durations.

  Correct Answer: A

• Question 105:

  Which is an output from Distribute Information?

  A. Earned value analysis

  B. Trend analysis

  C. Project records

  D. Performance reviews

  Correct Answer: C

• Question 106:

  Which is an input to the Verify Scope process?

  A. Performance report

  B. Work breakdown structure (WBS)

  C. Requested changes

  D. Project management plan

  Correct Answer: D

• Question 107:

  "Tailoring" is defined as the:

  A. effort of addressing each process to determine which are appropriate and their appropriate degree of rigor.

  B. act of creating a project team with the specialized skills required to produce a required product or service.

  C. action taken to bring a defective or nonconforming component into compliance with requirements or specifications.

  D. adjustment of the respective influences of time, cost, and quality in order to most efficiently achieve scope.

  Correct Answer: A

• Question 108:

  Which of the following schedule network analysis techniques is applied when a critical path method calculation has been completed and resources availability is critical?

  A. Applying calendars

  B. Resource leveling

  C. Resource planning

  D. Resource conflict management

  Correct Answer: B

• Question 109:

  Which of the following events would result in a baseline update?

  A. A project is behind schedule and the project manager wants the baseline to reflect estimated actual completion.

  B. A customer has approved a change request broadening the project scope and increasing the budget.

  C. One of the risks identified in the risk management plan occurs, resulting in a schedule delay.

  D. One of the key project team resources has left the team and no replacement is available.

  Correct Answer: B

• Question 110:

  Project contracts generally fall into which of the following three broad categories?

  A. Fixed-price, cost reimbursable, time and materials

  B. Make-or-buy, margin analysis, fixed-price

  C. Time and materials, fixed-price, margin analysis

  D. Make-or-buy, lump-sum, cost-plus-incentive

  Correct Answer: A