GAQM APM-001 Online Practice Questions and Exam Preparation

GAQM APM-001 Online Questions & Answers

• Question 111:

  Expected monetary value (EMV) is computed by which equation?

  A. Value of each possible outcome multiplied by probability of occurrence
  B. Value of each possible outcome multiplied by probability of non-occurrence
  C. Multiplying the value of each possible outcome by the probability of occurrence and adding the products together
  D. Multiplying the value of each possible outcome by the probability of non-occurrence and adding the products together
  C. Multiplying the value of each possible outcome by the probability of occurrence and adding the products together

• Question 112:

  Which of the following statements best describes the influence of stakeholders and the cost of changes as project time advances?

  A. The influence of the stakeholders increases, the cost of changes increases.
  B. The influence of the stakeholders decreases, the cost of changes increases.
  C. The influence of the stakeholders increases, the cost of changes decreases.
  D. The influence of the stakeholders decreases, the cost of changes decreases.
  B. The influence of the stakeholders decreases, the cost of changes increases.

• Question 113:

  Which of the following is a narrative description of products, services, or results to be delivered by a project?

  A. Project statement of work
  B. Business case
  C. Accepted deliverable
  D. Work performance information
  A. Project statement of work

• Question 114:

  The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline is:

  A. Determine Budget.
  B. Baseline Budget.
  C. Control Costs.
  D. Estimate Costs.
  A. Determine Budget.

• Question 115:

  An element of the project scope statement is:

  A. Acceptance criteria.
  B. A stakeholder list.
  C. A summary budget.
  D. High-level risks.
  A. Acceptance criteria.

• Question 116:

  The project budget is set at $150,000. The project duration is planned to be one year. At the completion of Week 16 of the project, the following information is collected: Actual cost = $50,000, Plan cost = $45,000, Earned value = $40,000. What is the cost performance index?

  A. 0.8
  B. 0.89
  C. 1.13
  D. 1.25
  A. 0.8

• Question 117:

  The degree, amount, or volume of risk that an organization or individual will withstand is called risk: A. appetite

  B. tolerance
  C. threshold
  D. management
  B. tolerance

• Question 118:

  Most experienced project managers know that:

  A. every project requires the use of all processes in the PMBOK?Guide.
  B. there is no single way to manage a project.
  C. project management techniques are risk free.
  D. there is only one way to manage projects successfully.
  B. there is no single way to manage a project.

• Question 119:

  Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within:

  A. project documents updates.
  B. project management plan updates.
  C. change requests.
  D. work performance information.
  D. work performance information.

• Question 120:

  An output of the Manage Stakeholder Engagement process is:

  A. change requests
  B. enterprise environmental factors
  C. the stakeholder management plan
  D. the change log
  A. change requests