APM APM-PFQ Online Practice Questions and Exam Preparation

APM APM-PFQ Online Questions & Answers

• Question 41:

  The justification for the investment to be made in a project is documented in the...

  A. Cost breakdown structure
  B. Procurement strategy
  C. Business case
  D. Project management plan
  C. Business case

• Question 42:

  Which one of the following is a valid project Key Performance Indicator (KPI)?

  A. Staff appraisals.
  B. Management buy in.
  C. Milestone achievement.
  D. Master schedule.
  C. Milestone achievement.

• Question 43:

  Which one of the following is the correct definition of an issue?

  A. Any major problem that the project team has to deal with.
  B. A problem that is the responsibility of the Project Manager.
  C. An uncertain event that should it occur would have an effect on project objectives.
  D. A threat to project objectives that cannot be resolved by the Project Manager.
  D. A threat to project objectives that cannot be resolved by the Project Manager.

• Question 44:

  Which of the following is an activity in a typical risk management process?

  A. Verification.
  B. Request.
  C. Closure.
  D. Justification
  C. Closure.

• Question 45:

  What is the main reason for having an extended life cycle?

  A. Allow the project to have extra time to ensure that that there is enough capacity to realise benefits.
  B. Allow upfront planning for any supplemental activities and incorporate additional considerations for benefits realisation.
  C. Allow time for stakeholders to decide how they will use the output to best effect that will realise benefits.
  D. Allow extra funding to be applied to the project to ensure that sufficient resources exist to maximise benefits realisation.
  B. Allow upfront planning for any supplemental activities and incorporate additional considerations for benefits realisation.

• Question 46:

  Which one of the following does not describe the prime purpose of the business case?

  A. To define the strategic direction for the project.
  B. To describe the operational impact of project delivery.
  C. To show how the project tasks will be scheduled to achieve success criteria.
  D. To document the benefits of the various options that have been considered.
  C. To show how the project tasks will be scheduled to achieve success criteria.

• Question 47:

  Which one of the following is the best reason for splitting a project into phases?

  A. For team members to reflect on their performance during a phase.
  B. For the project manager to take a break between phases.
  C. It creates a decision point for continuing the project.
  D. In order for the plan to be updated regularly.
  C. It creates a decision point for continuing the project.

• Question 48:

  What rule of thumb. can be used for ensuring that key stakeholders have been included in the process?

  A. Make use Of widely available templates and predefined structures to ensure a complete spectrum of stakeholders are identified.
  B. Ask the most influential stakeholders to identify who else they think Should be involved in the project.
  C. Analyse Other projects and who their stakeholders are and include them by default.
  D. Question whose support or lack of it might significantly influence the success of the project
  D. Question whose support or lack of it might significantly influence the success of the project

• Question 49:

  In A. RACI coding format, what does 'A' stand for?

  A. Available.
  B. Authorised.
  C. Accountable.
  D. Acceptable.
  C. Accountable.

• Question 50:

  One difference between a project and business as usual is:

  A. projects achieve specified benefits but business as usual has only vague benefits.
  B. projects drive change whereas business as usual continues existing activities.
  C. projects have tightly controlled budgets whereas business as usual does not.
  D. projects have unclear deadlines but business as usual has multiple milestones
  B. projects drive change whereas business as usual continues existing activities.