GAQM GAQM certification APM-001 Questions & Answers

• Question 31:

  Which of the following is an output of Define Scope?

  A. Project scope statement

  B. Project charter

  C. Project plan

  D. Project schedule

  Correct Answer: A

• Question 32:

  The correct equation for schedule variance (SV) is earned value:

  A. minus planned value [EV - PV].

  B. minus actual cost [EV - AC].

  C. divided by planned value [EV/PV].

  D. divided by actual cost [EV/AC].

  Correct Answer: A

• Question 33:

  Inputs to the Plan Risk Management process include the:

  A. cost management plan.

  B. risk management plan.

  C. activity list.

  D. risk register.

  Correct Answer: A

• Question 34:

  Funding limit reconciliation is a tool and technique used in which process?

  A. Control Costs

  B. Determine Budget

  C. Estimate Costs

  D. Control Budget

  Correct Answer: B

• Question 35:

  Exhibit A is an example of which of the following types of Sequence Activities?

  

  A. Activity-on-arrow diagramming

  B. Precedence diagramming

  C. Project schedule network diagramming

  D. Mathematical analysis diagramming

  Correct Answer: B

• Question 36:

  In Plan Risk Management, which of the management plans determines who will be available to share information on various risks and responses at different times and locations?

  A. Schedule

  B. Quality

  C. Communications

  D. Cost

  Correct Answer: C

• Question 37:

  Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

  A. Cost Plus Fixed Fee Contract (CPFF)

  B. Cost Plus Incentive Fee Contract (CPIF)

  C. Firm Fixed Price Contract (FFP)

  D. Fixed Price with Economic Price Adjustment Contract (FP-EPA)

  Correct Answer: A

• Question 38:

  An input of the Create WBS process is:

  A. requirements documentation.

  B. scope baseline.

  C. project charter.

  D. validated deliverables.

  Correct Answer: A

• Question 39:

  Which of the following are three inputs to the risk register?

  A. Risk register updates, stakeholder register, and quality management plan

  B. Communication management plan, enterprise environmental factors, and activity duration estimates

  C. Risk management plan, activity cost estimates, and project documents

  D. Project scope statement, organizational process assets, and scope baseline

  Correct Answer: C

• Question 40:

  Which of the following is a tool or technique used in the Acquire Project Team process?

  A. Networking

  B. Training

  C. Negotiation

  D. Issue log

  Correct Answer: C