GAQM APM-001 Online Practice Questions and Exam Preparation

GAQM APM-001 Online Questions & Answers

• Question 371:

  The three processes of Project Cost Management are:

  A. Estimate Costs, Control Schedule, and Control Costs.
  B. Estimate Costs, Determine Budget, and Estimate Activity Resources.
  C. Determine Budget, Control Schedule, and Estimate Activity Resources.
  D. Estimate Costs, Determine Budget, and Control Costs.
  D. Estimate Costs, Determine Budget, and Control Costs.

• Question 372:

  Which changes occur in risk and uncertainty as well as the cost of changes as the life cycle of a typical project progresses?

  A. Risk and uncertainty increase; the cost of changes increases.
  B. Risk and uncertainty increase; the cost of changes decreases,
  C. Risk and uncertainty decrease; the cost of changes increases.
  D. Risk and uncertainty decrease; the cost of changes decreases.
  C. Risk and uncertainty decrease; the cost of changes increases.

• Question 373:

  Which process involves identifying and documenting the logical relationships between project activities?

  A. Develop Schedule
  B. Sequence Activities
  C. Create WBS
  D. Applying leads and lags
  B. Sequence Activities

• Question 374:

  What type of planning is used where the work to be accomplished in the near term is planned in detail, while work in the future is planned at a higher level?

  A. Finish-to-start planning
  B. Rolling wave planning
  C. Short term planning
  D. Dependency determination
  B. Rolling wave planning

• Question 375:

  Tools and techniques used in Direct and Manage Project Work include:

  A. Process analysis and expert judgment
  B. Analytical techniques and a project management information system
  C. Performance reviews and meetings
  D. Expert judgment and meetings
  D. Expert judgment and meetings

• Question 376:

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

  A. 1.33
  B. 2
  C. 0.75
  D. 0.5
  A. 1.33

• Question 377:

  A technique used to determine the cause and degree of difference between baseline and actual performance is:

  A. Product analysis.
  B. Variance analysis.
  C. Document analysis,
  D. Decomposition.
  B. Variance analysis.

• Question 378:

  The cost benefit analysis tool is used for creating:

  A. Pareto charts.
  B. quality metrics.
  C. change requests.
  D. Ishikawa diagrams.
  B. quality metrics.

• Question 379:

  What are the Project Procurement Management processes?

  A. Conduct Procurements, Control Procurements, Integrate Procurements, and Close Procurements
  B. Estimate Procurements, Integrate Procurements, Control Procurements, and Validate Procurements
  C. Plan Procurement Management, Conduct Procurements, Control Procurements, and Close Procurements
  D. Plan Procurement Management, Perform Procurements, Control Procurements, and Validate Procurements
  C. Plan Procurement Management, Conduct Procurements, Control Procurements, and Close Procurements

• Question 380:

  Which type of agreement is legal, contractual, and between two or more entities to form a partnership, joint venture, or some other arrangement as defined by the parties?

  A. Teaming
  B. Collective bargaining
  C. Sharing
  D. Working
  A. Teaming