APM Fundamentals Qualification
Acceptance criteria - correct answer ✔The requirements and essential
conditions that have to be achieved before a deliverable is accepted.
Activity - correct answer ✔(1) A task, job, operation or process consuming
time and possibly other resources.
(2) The smallest self-contained unit of work in a project.
Adoption - correct answer ✔The optional additional phase in a linear life
cycle that facilitates the use of project outputs to enable the acceptance and
use of benefits.
Agile - correct answer ✔A family of development methodologies where
requirements and solutions are developed iteratively and incrementally
throughout the life cycle.
Analogous estimating - correct answer ✔An estimating technique based on
the comparison with, and factoring from, the cost of similar, previous work.
Also known as comparative estimating.
Analytical estimating - correct answer ✔An estimating technique that uses
detailed specifications to estimate time and cost for each product or activity.
Also known as bottom-up estimating.
Assurance - correct answer ✔The process of providing confidence to
stakeholders that projects, programmes and portfolios will achieve their
objectives for beneficial change.
,Baseline - correct answer ✔The reference levels against which a project,
programme or portfolio is monitored and controlled.
Benefit - correct answer ✔A positive and measurable impact of change.
Benefits management - correct answer ✔The identification, definition,
planning, tracking and realisation of benefits.
Benefits realisation - correct answer ✔The practice of ensuring that benefits
are derived from outputs and outcomes.
Bottom-up estimating - correct answer ✔An estimating technique that uses
detailed specifications to estimate time and cost for each product or activity.
Also known as analytical estimating.
Breakdown structure - correct answer ✔A hierarchical structure by which
project elements are decomposed. Examples include: cost breakdown
structure (CBS), organisational breakdown structure (OBS), product
breakdown structure (PBS), and work breakdown structure (WBS).
Buffer - correct answer ✔A term used in critical chain for the centralised
management of schedule contingencies.
Business-as-usual - correct answer ✔An organisation's normal day-to-day
operations. Also referred to as steady-state.
Business case - correct answer ✔Provides justification for undertaking a
project, programme or portfolio. It evaluates the benefit, cost and risk of
alternative options and provides a rationale for the preferred solution.
, Change control - correct answer ✔The process through which all requests to
change the approved baseline of a project, programme or portfolio are
captured, evaluated and then approved, rejected or deferred.
Change freeze - correct answer ✔A point after which no further changes to
scope will be considered.
Change management - correct answer ✔The overarching approach taken in
an organisation to move from the current to a future desirable state using a
coordinated and structured approach in collaboration with stakeholders.
Change register (or log) - correct answer ✔A record of all proposed changes
to scope.
Change request - correct answer ✔A request to obtain formal approval for
changes to the approved baseline
Closure - correct answer ✔The formal end point of a project, programme or
portfolio; either because planned work has been completed or because it has
been terminated early.
Communication - correct answer ✔The process of exchanging information
and confirming there is shared understanding.
Communities of practice - correct answer ✔are a type of learning network
used within and between organisations to maintain, develop and share
knowledge.
Acceptance criteria - correct answer ✔The requirements and essential
conditions that have to be achieved before a deliverable is accepted.
Activity - correct answer ✔(1) A task, job, operation or process consuming
time and possibly other resources.
(2) The smallest self-contained unit of work in a project.
Adoption - correct answer ✔The optional additional phase in a linear life
cycle that facilitates the use of project outputs to enable the acceptance and
use of benefits.
Agile - correct answer ✔A family of development methodologies where
requirements and solutions are developed iteratively and incrementally
throughout the life cycle.
Analogous estimating - correct answer ✔An estimating technique based on
the comparison with, and factoring from, the cost of similar, previous work.
Also known as comparative estimating.
Analytical estimating - correct answer ✔An estimating technique that uses
detailed specifications to estimate time and cost for each product or activity.
Also known as bottom-up estimating.
Assurance - correct answer ✔The process of providing confidence to
stakeholders that projects, programmes and portfolios will achieve their
objectives for beneficial change.
,Baseline - correct answer ✔The reference levels against which a project,
programme or portfolio is monitored and controlled.
Benefit - correct answer ✔A positive and measurable impact of change.
Benefits management - correct answer ✔The identification, definition,
planning, tracking and realisation of benefits.
Benefits realisation - correct answer ✔The practice of ensuring that benefits
are derived from outputs and outcomes.
Bottom-up estimating - correct answer ✔An estimating technique that uses
detailed specifications to estimate time and cost for each product or activity.
Also known as analytical estimating.
Breakdown structure - correct answer ✔A hierarchical structure by which
project elements are decomposed. Examples include: cost breakdown
structure (CBS), organisational breakdown structure (OBS), product
breakdown structure (PBS), and work breakdown structure (WBS).
Buffer - correct answer ✔A term used in critical chain for the centralised
management of schedule contingencies.
Business-as-usual - correct answer ✔An organisation's normal day-to-day
operations. Also referred to as steady-state.
Business case - correct answer ✔Provides justification for undertaking a
project, programme or portfolio. It evaluates the benefit, cost and risk of
alternative options and provides a rationale for the preferred solution.
, Change control - correct answer ✔The process through which all requests to
change the approved baseline of a project, programme or portfolio are
captured, evaluated and then approved, rejected or deferred.
Change freeze - correct answer ✔A point after which no further changes to
scope will be considered.
Change management - correct answer ✔The overarching approach taken in
an organisation to move from the current to a future desirable state using a
coordinated and structured approach in collaboration with stakeholders.
Change register (or log) - correct answer ✔A record of all proposed changes
to scope.
Change request - correct answer ✔A request to obtain formal approval for
changes to the approved baseline
Closure - correct answer ✔The formal end point of a project, programme or
portfolio; either because planned work has been completed or because it has
been terminated early.
Communication - correct answer ✔The process of exchanging information
and confirming there is shared understanding.
Communities of practice - correct answer ✔are a type of learning network
used within and between organisations to maintain, develop and share
knowledge.
