APM PMQ Exam Questions & Answers

Project variables/constraints - Answer Time Cost Quality Risk Benefit Scope Benefits of project management - Answer Improved project communication Effective resource management Better delivery of results Facilitates risk-taking Lessons learned Improved governance Challenges of project management - Answer Bureaucracy Limits creativity Threatens existing organisation structure Complex interrelationships Project management capability Project management methods - Answer Documentation templates Governance guidelines Role definitions Project management procedures Guidelines on application Project management procedures Benefits and costs of project management method - Answer Check with mark if I need this Core processes of programme management - Answer Project co-ordination Transformation Stakeholder management/communication Benefits management Roles and responsibilities of programme management - Answer Initiate, prioritise and terminate projects Manage project and BAU interdependencies Manage resources and conflicts Manage risks, issues and changes Define and realise the strategic benefits Benefits of programme management - Answer Prioritisation of individual projects Resource management View of interdependencies Ability to manage risks issues and changes Effective communication/consistent reporting Alignment with programme objectives Challenges of programme management - Answer Unclear organisation/scope High number of stakeholders Lack of clear requirements Key activities in portfolio management - Answer Segmentation Select and prioritise Assess progress Review and reporting Benefits management Benefits of portfolio management - Answer Maintaining a balances and aligned portfolio Holistic overview of risks, dependencies, and scheduling Cost reduction Efficient utilisation of resources Better coordination and control Organisational structure levels - Answer External Sponsorship Management Delivery (Administrative support and assurance sit alongside) Benefits of matrix organisation structure - Answer Good for organisations with lots of projects and routine operations Good for staff welfare as they have dedicated resource Project requirements fit business needs Better allocation of resources fit to skills - efficient Improved project management expertise Costs of matrix organisation structure - Answer Clash between functional and project managers Lack of alignment to organisation priorities (BAU vs project) Unclear escalation route for staff Organisational roles - Answer Project steering group Project sponsor Project manager Team Members Users Project Office Sponsor responsibilities - Answer Business case ownership Approve the PMP Stakeholder arbitration Stage-gate approval Approve changes Resolve issues Accept deliverables Review benefits Process used to examine internal and external enviroment - Answer Strengths Weaknesses Opportunities Threats Process used to examine external environment - Answer Political Economic Sociological Technological Legislative Environmental Areas of law to consider - Answer Health and Safety Employment Contract Data protection Freedom of information Four components of governance - Answer Portfolio direction Sponsorship Project management Disclosure and reporting