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 7 (INTEGRATED PLANNING QUIZ) $5.49   Add to cart

Exam (elaborations)

BUSINESS AND MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 7 (INTEGRATED PLANNING QUIZ)

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

Unlock the full potential of project management with our expertly crafted quiz on Integrated Planning! This comprehensive resource dives deep into key concepts like the Organisational Breakdown Structure (OBS), Cost Breakdown Structure (CBS), and Work Breakdown Structure (WBS). Perfect for business...

[Show more]

Preview 1 out of 3  pages

  • August 31, 2024
  • 3
  • 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 7

INTEGRATED PLANNING QUIZ

NOTE: This is part 7 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. OBS (Organisational breakdown structure)
A. The application of management processes that bring together the planning of benefits, success
criteria, scope, quality, time, resources, cost, risk, communications, etc. to create the project
management plan.
B. A hierarchical way in which the organisation may be divided into management levels and groups, for
planning and control purposes.
C. A hierarchical breakdown of the products required to be produced by a project.
D. The output of the process of integrated planning for a project or programme.

Correct Answer: B. A hierarchical way in which the organisation may be divided into management
levels and groups, for planning and control purposes.
Explanation: The Organisational Breakdown Structure (OBS) is used to represent the hierarchical
structure of an organization for planning and control purposes, indicating different management levels
and groups.

2. CBS (Cost breakdown structure)
A. The hierarchical breakdown of a project into cost elements.
B. The application of management processes that bring together the planning of benefits, success
criteria, scope, quality, time, resources, cost, risk, communications, etc. to create the project
management plan.
C. A hierarchical way in which the organisation may be divided into management levels and groups, for
planning and control purposes.
D. Determines what is to be delivered, how much it will cost, when it will be delivered, how it will be
delivered and who will carry it out.

Correct Answer: A. The hierarchical breakdown of a project into cost elements.
Explanation: The Cost Breakdown Structure (CBS) is used to organize and define the cost elements of
a project, providing a detailed breakdown of costs.

3. PBS (Product breakdown structure)
A. A hierarchical breakdown of the products required to be produced by a project.
B. Determines what is to be delivered, how much it will cost, when it will be delivered, how it will be
delivered and who will carry it out.
C. The application of management processes that bring together the planning of benefits, success
criteria, scope, quality, time, resources, cost, risk, communications, etc. to create the project
management plan.
D. A hierarchical breakdown of the work required to deliver the products of a project.

© 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 $5.49. 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
$5.49
  • (0)
  Add to cart