APM APM-PFQ Online Practice Questions and Exam Preparation

APM APM-PFQ Online Questions & Answers

• Question 321:

  How should issues be prioritised?

  A. The time order in which the issues occurred.
  B. The impact on success criteria and benefits.
  C. The relative seniority of the issue owner.
  D. The relationship with a relevant risk.
  B. The impact on success criteria and benefits.

• Question 322:

  Project risk management is best described as:

  A. managing responses to threats.
  B. identifying and acknowledging threats and opportunities.
  C. planning responses to threats.
  D. minimising threats and maximising opportunities.
  D. minimising threats and maximising opportunities.

• Question 323:

  Which one of the following is a responsibility of the project steering group/board?

  A. To identify potential problems for the project team to solve.
  B. To provide strategic direction and guidance to the sponsor.
  C. To manage the project team in all daily activities.
  D. To receive and consider daily reports from team members.
  B. To provide strategic direction and guidance to the sponsor.

• Question 324:

  What estimating method is most commonly used in the definition phase Of the project life cycle?

  A. Analogous.
  B. Analytical
  C. Parametric.
  D. Statistical
  B. Analytical

• Question 325:

  Which one of the following best defines a benefit?

  A. A positive result of stakeholder management.
  B. The successful management of a project.
  C. An improvement resulting from project deliverables.
  D. The successful delivery of project reports and updates.
  C. An improvement resulting from project deliverables.

• Question 326:

  A project manager might use a PESTLE analysis in order to:

  A. mitigate all possible risks to the project.
  B. identify and mitigate factors that may affect the project.
  C. control technological change during the project.
  D. consider team social roles in early stages of the project
  B. identify and mitigate factors that may affect the project.

• Question 327:

  Governance could best be defined as:

  A. the framework of authority and accountability that defines and controls the outputs, outcomes and benefits from projects, programmes and portfolios.
  B. the framework that structures a review of the project, programme or portfolio and aids a decision to be made about whether to continue with the next phase or stage of progress.
  C. the framework that is used for selection, prioritisation and control of an organisation's projects and programmes in line with its strategic objectives and capacity to deliver
  D. the framework used by the organisation and approved by the project board at project initiation that allows the definition of the terms of reference for the project.
  A. the framework of authority and accountability that defines and controls the outputs, outcomes and benefits from projects, programmes and portfolios.

• Question 328:

  A project life cycle which combines approaches from the linear and iterative life cycles is known as _________ project life cycle.

  A. a hybrid.
  B. an extended.
  C. a reduced.
  D. a combined.
  A. a hybrid.

• Question 329:

  Which of the following BEST describes a project issue?

  A. An event that may or may not occur
  B. An opportunity that occurs through change control
  C. A problem that the project manager has to deal with on a day-to-day basis
  D. A problem that must be escalated to the appropriate level of management for resolution
  D. A problem that must be escalated to the appropriate level of management for resolution

• Question 330:

  How does having a business case help an organisation?

  A. It provides a documented account of the decisions that have been made and by whom in the planning of the project's finances, ensuring the project's compliance with recognized governance standards
  B. It provides an overview of how the project will deliver the scheduled progress over the period agreed between the project manager, sponsor and other key stakeholders associated with the project.
  C. It provides a means by which the sponsor can monitor the project manager's performance in relation to the plans documented in the business case and highlight points at which a change of project manager may be necessary.
  D. It provides a recognized framework by which project spending proposals can be recorded, reviewed and audited to learn lessons about how efficiently the organisation is deploying funds to achieve its targeted returns.
  D. It provides a recognized framework by which project spending proposals can be recorded, reviewed and audited to learn lessons about how efficiently the organisation is deploying funds to achieve its targeted returns.