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APM-001 Real Exam Questions

Certified Associate in Project Management (APM)

704 questions available · Page 1 of 71

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Question 1 Single choice

Which risk response strategy is common for both positive and negative risks?

  1. A

    Share

  2. B

    Accept

  3. C

    Mitigate

  4. D

    Transfer

Show answer and explanation

Correct answer: B

Question 2 Single choice

Prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact takes place in which process?

  1. A

    Monitor and Control Risks

  2. B

    Plan Risk Management

  3. C

    Perform Qualitative Risk Analysis

  4. D

    Perform Quantitative Risk Analysis

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Correct answer: C

Question 3 Single choice

Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?

  1. A

    Cost Plus Award Fee Contract (CPAF)

  2. B

    Firm-Fixed -Price Contract (FFP)

  3. C

    Time and Material Contract (T&M)

  4. D

    Cost Plus Incentive Fee Contract (CPIF)

Show answer and explanation

Correct answer: C

Question 4 Single choice

What is the estimate at completion (EAC) if the budget at completion (BAC) is $100, the actual cost (AC) is
$50, and the earned value (EV) is $25?

  1. A

    $50

  2. B

    $100

  3. C

    $125

  4. D

    $175

Show answer and explanation

Correct answer: C

Question 5 Single choice

The Perform Quality Assurance process occurs in which Process Group?

  1. A

    Executing

  2. B

    Monitoring and Controlling

  3. C

    Initiating

  4. D

    Planning

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Correct answer: A

Question 6 Single choice

What is the schedule performance index (SPI) using the following data? BAC = $100,000 PV = $50,000
AC = $80,000 EV = $40,000

  1. A

    1

  2. B

    0.4

  3. C

    0.5

  4. D

    0.8

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Correct answer: D

Question 7 Single choice

The PV is $1000, EV is $2000, and AC is $1500.

What is CPI?

  1. A

    1.33

  2. B

    2

  3. C

    0.75

  4. D

    0.5

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Correct answer: A

Question 8 Single choice

The project management processes presented in the PMBOK Guide?should:

  1. A

    always be applied uniformly.

  2. B

    be selected as appropriate by the sponsor.

  3. C

    be selected as appropriate by the project team.

  4. D

    be applied based on ISO guidelines.

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Correct answer: C

Question 9 Single choice

The chart below is an example of a:

  1. A

    Responsibility assignment matrix (RAM)

  2. B

    Work breakdown structure (WBS)

  3. C

    RACI chart

  4. D

    Requirements traceability matrix

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Correct answer: D

Question 10 Single choice

The following is a network diagram for a project.

The total float for the project is how many days?

  1. A

    3

  2. B

    5

  3. C

    7

  4. D

    9

Show answer and explanation

Correct answer: A