Apm pmq exam 2024 - Study guides, Class notes & Summaries

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

1) Functional Organisation Structure - ANSWERS- Functional teams - Primarily BAU/Deparmental Projects - Common for orgs providing std products (e.g. manuf.) (1) Functional Organisation Structure Advantages - ANSWERS- Staff gain technical expertise - Good functional problem solving - Peer learning straight forward - Job Security - Clear career progression (1) Functional Organisation Structure Disadvantages - ANSWERS- Corporate projects become difficult due to "Siloed" nature - Func...

APM PMQ Exam revision with Verified Solutions 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 Project Success - Answer -The satisfaction of stakeholder needs measured by the succ...

APM PMQ Exam 7th Ed with Verified Solutions Latest (1) Functional Organisation Structure - Answer -- Functional teams - Primarily BAU/Deparmental Projects - Common for orgs providing std products (e.g. manuf.) (1) Functional Organisation Structure Advantages - Answer -- Staff gain technical expertise - Good functional problem solving - Peer learning straight forward - Job Security - Clear career progression (1) Functional Organisation Structure Disadvantages - Answer -- Corporate proje...

1.1 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 department plasy role of PM. Matrix: PM respons for delivery...

APM PMQ EXAM with Correct Solutions Configuration Management process - Status accounting - Answer -knowing the status of items, proposed changes and the implementation status of approved changes (Archived records) Risk in a Business case - Answer -the major risks and their impact on the business case. What a business case includes? (BOBCART) - Answer -Background, Options, Benefits, Commercial Aspects, Risks, Timescales PRAM process - Answer -Initiate Identify Assess Plan responses Impl...

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 Programme Management - ANSWERThe coordinated management of projects and change manage activities to achieve beneficial change Benefits Management - ANSWERThe identification, definition, planning, trac...

Project targets - correct answer Time Cost Quality Risk Benefit Scope +Safety 3.1 Project management vs BAU - correct answer Projects: unique, transient, change. Time, cost quality. BAU: Repetitive process, ongoing. Projects: products and outputs BAU: Outcomes and benefits Projects: Specialist skills BAU: Functional skills 3.2 Programme Management - correct answer Group of related Ps Aligned to org/dept strategy Delivers outcomes (benefits) Benefits: Focus on strateg...

APM PMQ - Principles of Project Management Exam Questions and Answers What are the five principles of project management professionalism? - 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 Cod...