Exam Details

  • Exam Code
    :APM-001
  • Exam Name
    :Certified Associate in Project Management (APM)
  • Certification
    :GAQM Certifications
  • Vendor
    :GAQM
  • Total Questions
    :704 Q&As
  • Last Updated
    :May 09, 2025

GAQM GAQM Certifications APM-001 Questions & Answers

  • Question 161:

    When addressing roles and responsibilities, which item ensures that the staff has the skills required to complete project activities?

    A. Authority

    B. Role

    C. Competency

    D. Responsibility

  • Question 162:

    Which of the following reduces the probability of potential consequences of project risk events?

    A. Preventive action

    B. Risk management

    C. Corrective action

    D. Defect repair

  • Question 163:

    Monte Carlo is which type of risk analysis technique?

    A. Probability

    B. Quantitative

    C. Qualitative

    D. Sensitivity

  • Question 164:

    Which is the correct formula for calculating expected activity cost for three-point estimating?

    A. Ce = (C0 + 6Cm + Cp)/4

    B. Ce = (6C0 + Cm + Cp)/4

    C. Ce = (C0 + 4Cm + Cp)/6

    D. Ce = (C0 + C,,, + 4Cp) / 6

  • Question 165:

    Which can be used to determine whether a process is stable or has predictable performance?

    A. Matrix diagram

    B. Histogram

    C. Control chart

    D. Flowchart

  • Question 166:

    When sequencing activities, what does the common acronym FF stand for?

    A. Fixed Fee

    B. Free Float

    C. Fixed Finish

    D. Finish-to-Finish

  • Question 167:

    Which is used to solicit proposals from prospective sellers?

    A. Procurement statement of work

    B. Resource calendars

    C. Procurement document

    D. Independent estimates

  • Question 168:

    In which Project Management Process Group is the project charter developed?

    A. Monitoring and Controlling

    B. Executing

    C. Initiating

    D. Planning

  • Question 169:

    What is the responsibility of the project manager and the functional manager respectively?

    A. Oversight for an administrative area; a facet of the core business

    B. Achieving the project objectives; providing management oversight for an administrative area

    C. A facet of the core business; achieving the project objectives

    D. Both are responsible for achieving the project objectives.

  • Question 170:

    The progressive detailing of the project management plan is called:

    A. expert judgment.

    B. rolling wave planning.

    C. work performance information.

    D. specification.

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