Apm pm - Study guides, Class notes & Summaries

Work Package - The work defined at the lowest level of the work breakdown structure for which cost and duration can be estimated and managed. Acceptance Criteria - A set of conditions that is required to be met before deliverables are accepted. Accuracy - Within the quality management system, accuracy is an assessment of correctness. Activity List - A documented tabulation of schedule activities that shows the activity description, activity identifier, and a sufficiently detailed scope ...

CAPM Exam Prep, PMI Questions, PMBOK 6th Edition - CAPM Prep, CAPM Exam Prep 2024 360-degree appraisal -Answer-A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance -Answer-This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or avoidance are...

APM PMQ Question and answers already passed 2024/2025 APM PMQ - 2.2 - Project Planning Define a team Groups of people with a common aim What is the project management plan (PMP)? the output of the definition phase of the project and integrates some or all fundamental components of scope, schedule, cost, risk, quality and resources. The project manager owns the PMP. PMP is often referred to as the ‘contract’ between the project manager and the sponsor. What drives ite...

APM PMQ Exam 7th Ed (1) Functional Organization Structure - correct answer - Functional teams - Primarily BAU/Departmental Projects - Common for orgs providing std products (e.g. manuf.) (1) Functional Organization Structure Advantages - correct answer - Staff gain technical expertise - Good functional problem solving - Peer learning straight forward - Job Security - Clear career progression (1) Functional Organisation Structure Disadvantages - correct answer - Corporate projects be...

APM PMQ Revision Question and answers already passed 20241.1 differentiate between types of permanent and temporary organisation structures (including functional, matrix, and project) - correct answer Intro Func: Best for small projs close to BAU ops. Matrix: Best for balancing change initiatives with BAU. Good if more project process is needed. Proj: Best larger, complex projs with multi parties involved. Authority Func: Func Man overall responsibility for proj delivery. Someone from depar...

What should a business case include? - Answer-B - Background O - Options B- Benefits CA - Commercial Aspects R - Risks T - Timescales What are the 5 aspects of the PRAM? - Answer-Initiate Identify Assess Plan responses Implement responses What are the 5 phases in the extended project life cycle? - Answer-Concept Definition Development Handover and Closure Operations Who are potential stakeholders within a project? - Answer-Project Sponsor Project Team Users Suppliers...

APM PMQ Exam 7th Ed Question and answers rated A+ 2024(1) Functional Organization Structure - correct answer - Functional teams - Primarily BAU/Departmental Projects - Common for orgs providing std products (e.g. manuf.) (1) Functional Organization Structure Advantages - correct answer - Staff gain technical expertise - Good functional problem solving - Peer learning straight forward - Job Security - Clear career progression (1) Functional Organisation Structure Disadvantages - corre...

APM PMQ Questions with complete solution 2024/2025 APM PMQ - 2.1 - Initiating a Project What is the definition of a project? Projects are transient endeavours that bring about change and achieve planned objectives. Together, they combine to deliver the beneficial change required to implement, enable and satisfy the strategic intent of the organisation. What is a stakeholder? Those individuals or groups who have an interest or role in the project, programme or portfolio, or are impac...

What are the five principles of project management professionalism? - correct answer *Breadth* - The APM Body of Knowledge (BoK) defines the knowledge needed to manage any kind of project *Depth* - The APM Competence framework shows the combined knowledge, skill and behaviour that a person needs to perform properly in a job or work role *Achievement* - In professional development qualifications *Accountability* - To the APM Code of Processional Conduct (ethics). *Commitment* - to continuin...

CAPM Exam Prep, PMI, PMBOK 6th Edition 1297 Questions with Verified Answers 360-degree appraisal - CORRECT ANSWER A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance - CORRECT ANSWER This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or av...