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APM PMQ Exam revision Bok7 2024 Revised Questions and Answers

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APM PMQ Exam revision Bok7 2024 Revised Questions and Answers What are the five criteria for a successful project? - ANSWERTime, cost, quality, risk & benefits Project Management - ANSWERThe application of processes, methods, knowledge, skills and experience to achieve the project objectives P...

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  • October 29, 2024
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APM PMQ Exam revision Bok7 2024

Revised Questions and Answers


What are the five criteria for a successful project? - ANSWER✔✔Time, cost, quality, risk & benefits


Project Management - ANSWER✔✔The application of processes, methods, knowledge, skills and

experience to achieve the project objectives


Programme Management - ANSWER✔✔The coordinated management of projects and change manage

activities to achieve beneficial change


Benefits Management - ANSWER✔✔The identification, definition, planning, tracking and realisation of

business benefits


Project Context - ANSWER✔✔Refers to the environment within which the project is undertaken


Stakeholder Management - ANSWER✔✔The systematic identification, analysis, planning and

implementation of actions designed to engage with stakeholders


Project Life Cycle - ANSWER✔✔The inter-related phases of a project, programme or portfolio, it provides

a structure for governing the progression of work



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Project Reviews - ANSWER✔✔Reviews take place throughout the project life cycle to check the

likelihood of achieving the objectives specified in the PMP and the benefits detailed in the business case


The Business Case - ANSWER✔✔Provides justification for undertaking a project or programme. It

evaluates the benefits, cost and risk of alternative options and provides reasoning behind the preferred

solution


Organisational Roles - ANSWER✔✔Are the roles performed by individuals or groups in a project. Both

roles and responsibilities within projects must be defined to address the transient and unique nature of

projects and to ensure clear accountabilities can be assigned


Project Sponsor - ANSWER✔✔is an important senior management role. The sponsor is accountable for

ensuring that the work is governed effectively and delivers the objectives that meet the identify needs.


The Project Management Plan - ANSWER✔✔A document used to coordinate all project planning

documents, it is the reference document for managing the project. It is an output of the definition phase


Scope Management - ANSWER✔✔A process whereby outputs, outcomes and benefits of the project are

identified, defined and controlled.


Requirements management GAJB


Scope development PBS-WBS


Configuration management PICSAVA


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Change Control RRADI 0


Scheduling - ANSWER✔✔The process used to determine the overall project duration and when activities

and events are planned to happen.


Schedule Management: ICECAP


Resource Management - ANSWER✔✔The acquisition and deployment of the internal resources required

to deliver the project


Project Risk Management - ANSWER✔✔Is a process that allows individual risk events and overall project

risk to be understood and managed proactively, optimising success by minimising threats and

maximising opportunities


Project Quality Management - ANSWER✔✔Is a discipline for ensuring the outputs, benefits and the

processes by which they are delivered, meet stakeholder requirements and are fit for purpose.


PACCIFY


Change Control - ANSWER✔✔Is the process through which all requests to change the baseline scope of a

project are captured, evaluated and then approved, rejected or differed


Issue - ANSWER✔✔Occurs when the tolerance of delegated work are predicted to be exceeded or have

been exceeded. This triggers and escalation of the issue from one level of management to the next in

order to seek a solution


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Configuration Management - ANSWER✔✔Comprises the administrative activities concerned with the

creation, maintenance, controlled change and quality control of the scope of work.


PICSAVA


Information Management - ANSWER✔✔Is the collection, storage, dissemination, archiving and

destruction of information. It enables teams and stakeholders to use their time, resource and expertise

effectively to make decisions and to fulfil their roles


Procurement - ANSWER✔✔Is the process by which products and services are acquired from an external

provider for incorporation into the project


Communication - ANSWER✔✔The means by which information or instructions are exchanged


Teamwork - ANSWER✔✔A group of people working together towards a common goal


Leadership - ANSWER✔✔The ability to establish vision and direction, to influence and align others

towards a common purpose and to empower and inspire people to achieve project success


Handover and Closure - ANSWER✔✔During this phase, deliverables are handed over to the sponsor and

users. Closure is the process of finalising all project matters, carrying out final project reviews, archiving

project information and redeploying the project team


Project variables/constraints - ANSWER✔✔Time




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