100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BUSINESS AND MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 4 (LIFE CYCLES QUIZ) $6.49   Add to cart

Exam (elaborations)

BUSINESS AND MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 4 (LIFE CYCLES QUIZ)

 9 views  0 purchase
  • Course
  • Business and Management
  • Institution
  • Business And Management

Unlock the secrets to mastering business and project management with our comprehensive Life Cycles Quiz! This essential resource dives deep into key concepts such as iterative and linear life cycles, adoption, deployment, and project management fundamentals. With carefully curated questions and ans...

[Show more]

Preview 2 out of 11  pages

  • August 31, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Business and Management
  • Business and Management
avatar-seller
GoldenChapter
Business Management

BUSINESS MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 4

LIFE CYCLES QUIZ

NOTE: This is part 4 of a complete series of APM (Association for Project Management) PMQ (Project
Management Qualification) as of September 2024 all you need for your exam preps

Circle the letter of the Definition that corresponds to the displayed Term.
1.
Question: BAU (Business-as-usual)
A. Development of: agreed realistic Business Case, prioritised requirements list, solution architecture
definition, development approach definition, delivery plan, management approach definition and
Foundations summary.
B. Establishing whether a proposed project is likely to be feasible, both from a business and technical
perspective, and would be cost-effective from a business perspective.
C. A life cycle that repeats one or more phases of a project or programme before proceeding to the next
one with the objective of managing uncertainty of scope by allowing objectives to evolve as learning
and discovery take place.
D. An organisation's normal day-to-day operations.

Correct Answer: D

Explanation: Business-as-usual (BAU) refers to an organisation's routine operations and activities that
are part of its everyday functioning, distinct from project or change initiatives.

2.
Question: Business-as-usual
A. An organisation's normal day-to-day operations.
B. A framework comprising a set of distinct high-level stages required to transform an idea or concept
into reality in an orderly and efficient manner. Life cycles offer a way to undertake project-based work
and are the structure underpinning deployment.
C. The optional additional phase in a linear life cycle that facilitates the use of project outputs to enable
the acceptance and use of benefits.
D. The physical act of putting what has been assembled (the release) into operational use.

Correct Answer: A

Explanation: Business-as-usual refers to the regular, day-to-day operations that an organisation
performs as part of its routine.

3.
Question: Life cycle
A. A framework comprising a set of distinct high-level stages required to transform an idea or concept
into reality in an orderly and efficient manner. Life cycles offer a way to undertake project-based work
and are the structure underpinning deployment.

© Strategic Business Management Scholars -2024

, Business Management

B. Adds an adoption phase to a life cycle to ensure the accountability stays with the change teams until
change is embedded, providing a connection to benefits realisation and cooperation and knowledge
sharing between change and BAU.
C. Development of: agreed realistic Business Case, prioritised requirements list, solution architecture
definition, development approach definition, delivery plan, management approach definition and
Foundations summary.
D. A generic term used in iterative life cycle approaches to refer to an iteration with a fixed end date
that is not allowed to change, thereby adjusting the scope and quality to deliver on time and to cost.

Correct Answer: A

Explanation: A life cycle is a structured framework of stages that guides the transformation of an idea
or concept into a final product or outcome.

4.
Question: Linear life cycle
A. An organisation's normal day-to-day operations.
B. Development of an initial idea through initial studies and high-level requirements management, and
assessment of viability including an outline business case.
C. (DSDM) A phase following the final Deployment to assess the realisation of expected business
benefits.
D. A life cycle that aims to complete a project within a single pass through a set of distinct phases that
are completed serially and span from the development of the initial concept to the deployment of an
ultimate output, outcome or benefits.

Correct Answer: D

Explanation: A linear life cycle involves completing a project in a single sequence of distinct phases
from initiation to completion.

5.
Question: Definition
A. Development of: agreed realistic Business Case, prioritised requirements list, solution architecture
definition, development approach definition, delivery plan, management approach definition and
Foundations summary.
B. (DSDM) A phase following the final Deployment to assess the realisation of expected business
benefits.
C. Development of a detailed definition, plans and statement of requirements that include a full
justification for the work.
D. Implementation of plans and verification of performance through testing and assurance to realise
intended outputs, outcomes and benefits.

Correct Answer: C



© Strategic Business Management Scholars -2024

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GoldenChapter. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $6.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$6.49
  • (0)
  Add to cart