APM- PFQ EXAM LATEST ACTUAL EXAM TEST BANK 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) 80% PASS RATE
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Course
APM- PFQ
Institution
APM- PFQ
APM- PFQ EXAM LATEST ACTUAL EXAM
TEST BANK 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) 80%
PASS RATE
APM- PFQ EXAM LATEST ACTUAL EXAM
TEST BANK 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) 80%
PASS RATE
APM- PFQ EXAM LATEST 2023-2024 ACTUAL EXAM
TEST BANK 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) 80%
PASS RATE
Which one of the following illustrates why effective project management is beneficial to an
organisation?
a. It utilises resources as and when required under direction of a project manager.
b. It advocates employing a consultancy firm which specialises in managing change.
c. It recommends using only highly skilled people in the project team.
d. It ensures that the chief executive is accountable for the achievement of the defined benefits. -
ANSWER-A
A key aspect of managing a project involves:
a. defining which operational systems to put in place.
b. identifying routine tasks.
c. ensuring ongoing operations are maintained.
d. planning to achieve defined objectives. - ANSWER-D
Which one of the following statements best defines teamwork?
a. People working collaboratively towards a common goal.
b. Developing skills that will enhance project performance.
c. Gathering the right people together to work on a project.
d. Establishing vision and direction towards a common purpose. - ANSWER-A
A review undertaken to decide whether a project should proceed into its next phase is known as a:
a. gate review.
b. feasibility study.
c. milestone review.
d. evaluation review - ANSWER-A
,Which one of the following statements best describes the use of an issue log?
a. A summary of all possible alternative resolutions of an issue.
b. A summary of all the project issues, their analysis and status.
c. A tool to ensure that a process is in place for capturing all issues.
d. A tool to ensure that the issue management process is adhered to. - ANSWER-B
The main aim of a project risk management process should be to:
a. identify project risks and then manage them appropriately.
b. identify all project risks and transfer them immediately.
c. identify all the things that are threats or opportunities on a project.
d. satisfy the organisation's project management process. - ANSWER-A
What is a visual representation of a project's planned activities against a calendar called?
a. A Gantt chart.
b. A critical path network.
c. A product flow diagram.
d. A Pareto chart. - ANSWER-A
Which of the following is not a stage in an issue resolution process?
a. Share the issue with stakeholders.
b. Track the issue to closure. c. Escalate to the sponsor.
d. Apply change control. - ANSWER-A
What aspects of benefits realisation would be considered as most important to note in the business
case?
A Who is going to be responsible for carrying out each of the projects activities.
B How the benefits will be realised, measured and the stakeholders involved
,C What type of contract is going to be used to procure delivery of the project.
D Which benefits should be realised first and then the subsequent order - ANSWER-B
Which statement regarding the purpose of the business case would be the most true?
A Once agreed the business case will become the baseline by which the project will be deployed,
B It will act as a reference for the project team regarding the specific processes to be used for project
delivery.
C It will determine which stakeholders are most eligible to become members of the steering group,
D It will be referred to throughout the project in order to make decisions about the continuing viability
of the project. - ANSWER-D
What aspect of business case development will assist project management the most?
A That the sponsor who has developed the business case will also be the sponsor who oversees actual
delivery of the project.
B That the option chosen has taken recognition of how the resultant project is actually going to be
managed and delivered.
C That the project management plan for the project is captured as an appendix of the approved business
case.
D That the business case has sufficient detail to allow the project manager to take over accountability
for the financial success of the project - ANSWER-B
Which of the following is true regarding differences between linear and iterative life cycles?
A A linear life cycle is best for evolving projects whereas an iterative life cycle is better for more
structured projects.
B A linear life cycle is sequential whereas an iterative life cycle repeats one or more phases.
C A linear life cycle is always longer in duration whereas an iterative life cycle is always shorter in its
duration.
D A linear life cycle is formally managed by a dedicated project manager whereas management
responsibility is shared in an iterative life cycle - ANSWER-B
A generic linear project life cycle might include the sequence:
A Definition, concept, design, implementation, transition.
, B Concept. definition, deployment. transition.
C Planning, deployment, closing, learning, review.
D Feasibility, planning, deployment, handover. review. - ANSWER-B
One of the main purposes of dividing a project into life cycle phases is to:
A break the work into controllable blocks in terms of effort and size.
B ensure the processes are properly maintained.
C ensure that the workforce is certain of their individual roles.
D provide a means Of producing overall project cost estimates. - ANSWER-A
Implementation of plans and verification of performance is most likely to occur in:
A the deployment phase.
B the definition phase
C the concept phase.
D the adoption phase - ANSWER-A
Which Of the following might be a probable cause to consider early project closure?
A The cost to complete the project is greater than the value to be achieved.
B The project is on schedule but spent less than expected
C The is expected to yield greater value than stated in the business
D The project manager has resigned and an immediate replacement is unavailable - ANSWER-A
Which one of the following statements about the project life cycle is true?
A The phases in the project life cycle are always the same size.
B The same processes are used in each of the project life cycle phases.
C The project life cycle has a number of distinct phases.
D The project budget is divided equally between each phase of the project life cycle. - ANSWER-C
Where in the project life cycle benefits realization most common?
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