GAQM GAQM Certifications APM-001 Questions & Answers

• Question 261:

  Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?

  A. Fixed Price with Economic Price Adjustments Contract (FP-EPA)

  B. Cost-Reimbursable Contract (CR)

  C. Firm-Fixed -Price Contract (FFP)

  D. Fixed-Price-Incentive-Fee Contract (FPIF)

  Correct Answer: C

• Question 262:

  Which schedule compression technique has phases or activities done in parallel that would normally have been done sequentially?

  A. Crashing

  B. Fast tracking

  C. Leads and lags adjustment

  D. Parallel task development

  Correct Answer: B

• Question 263:

  What is the definition of Direct and Manage Project Execution?

  A. Integrating all planned activities

  B. Performing the activities included in the plan

  C. Developing and maintaining the plan

  D. Execution of deliverables

  Correct Answer: B

• Question 264:

  The Human Resource Management processes are:

  A. Develop Human Resource Plan, Acquire Project Team, Develop Project Team, and Manage Project Team.

  B. Acquire Project Team, Manage Project Team, Manage Stakeholder Expectations, and Develop Project Team.

  C. Acquire Project Team, Develop Human Resource Plan, Conflict Management, and Manage Project Team.

  D. Develop Project Team, Manage Project Team, Estimate Activity Resources, and Acquire Project Team.

  Correct Answer: A

• Question 265:

  What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?

  A. Organizational process assets

  B. Enterprise environmental factors

  C. Project management processes

  D. Project scope management plan

  Correct Answer: A

• Question 266:

  Organizational planning impacts projects by means of project prioritization based on risk, funding, and an organizations:

  A. Budget plan

  B. Resource plan

  C. Scope plan

  D. Strategic plan

  Correct Answer: D

• Question 267:

  When does Monitor and Control Risks occur?

  A. At project initiation

  B. During work performance analysis

  C. Throughout the life of the project

  D. At project milestones

  Correct Answer: C

• Question 268:

  Conflict should be best addressed in which manner?

  A. Early, in private, using a direct, collaborative approach

  B. Early, in public, using an indirect, collaborative approach

  C. Early, in private, using an indirect, cooperative approach

  D. As late as possible, in public, using a direct, confrontational approach

  Correct Answer: A

• Question 269:

  Plan Risk Management is the process of defining how to:

  A. Communicate identified risks to the project stakeholders.

  B. Conduct risk management activities for a project.

  C. Analyze the impact a specific risk may have on the project.

  D. Address unexpected risks that may occur during a project.

  Correct Answer: B

• Question 270:

  If the most likely duration of an activity is five weeks, the best-case duration is two weeks, and the worst-case duration is 14 weeks, how many weeks is the expected duration of the activity?

  A. One

  B. Five

  C. Six

  D. Seven

  Correct Answer: C