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APMP Foundation Exam Q & A 100% Correct Latest Update
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APMP Foundation Exam Q & A 100% Correct Latest Update...
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APMP Foundation Exam Q & A 100% CorrectLatest Update
Q.1 A kick-off meeting is .
only required when the team is distributed over several locations
only for those providing content
only for top members of management
a meeting to which all stakeholders are invited. - ANSWER a meeting to which all
stakeholders are invited.
Q.2 Which of the following rules of thumb is generally considered best practice?
Allow 30-40% of total time for final review, amendment and production
Allow 15% of total time for start-up and planning
Schedule 20% contingency time
Allow 10-20% of total time for kick-off preparation and proposal strategy review (earlier
called the pink
review) - ANSWER Allow 15% of total time for start-up and planning
,Q.3 Which is correct?
The Win Rate is the value ($) of the bids submitted, divided by the value ($) of the bids
won
Capture Ratio is the number of bids won, divided by the $ value of the bids submitted
Capture Ratio is the value ($) of the bids submitted, divided by the number of bids won
The Win Rate is the number of bids won, divided by the number of bids submitted -
ANSWER The Win Rate is the number of bids won, divided by the number of bids
submitted
Q.4 To produce a complex chart, it would normally take
20 minutes apiece
1 hour apiece
2—6 hours apiece
1 day apiece - ANSWER 2—6 hours apiece
Q.5 Which of the following is NOT typically included in a proposal cost budget?
Facilities
Bid production costs
,Contributors
Advertising - ANSWER Advertising
Q.6 According to best practice, how long should you allow for final review, amendment,
and production?
Less than 10% of the available time
10-20% of the available time
20-30% of the available time
40-50% of the available time - ANSWER 10-20% of the available time
Q.7 Which of the following statements is correct?
The Business Case Review is before the Kick-Off Meeting
The Kick-Off Meeting is before the Proposal Strategy Review (also called Storyboard
Review or Content Plan Review))
The Final Document Review is after bid submission
The Opportunity Plan Review, formerly known as Strategy Review, or Blue Review, is
conducted after the Kick-Off Meeting - ANSWER The Kick-Off Meeting comes after the
Proposal Strategy Review, or Storyboard Review or Content Plan Review))
Q.8 What is the proper planning sequence?
, Market Identification after Opportunity Assessment
Opportunity Planning before Proposal Planning before Proposal Preparation
Opportunity Planning after Opportunity Assessment
None of the above - ANSWER Opportunity Planning before Proposal Planning before
Proposal Preparation
Q.9 How much time do you calculate for contingency, Final Document Review,
amendment, and production?
20-30%
30-40%
5%
10% - ANSWER 20-30%
Q.10 A good proposal development process should always.
Be documented in Microsoft Visio
Be designed in a way that no training is needed
Be "owned" by one person
Contain no parallel tasks - ANSWER Be "owned" by one person
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