APM QUESTIONS WITH CORRECT ANSWERS

APM QUESTIONS WITH CORRECT
ANSWERS .

7.1 Describe two breakdown structures that communicate the scope of a project (20) -
verified answersProduct Breakdown Structure (PBS)



Work Breakdown Structure (WBS)



6.9 Explain three methods used to produce estimates for a project (30) - verified
answersParametric

Analogous

Analytical



2.1 Explain two differences between linear and iterative life cycles (20) - verified
answersDefined / undefined scope



Requirement of knowledge



9.3 Explain two differences between using multiple suppliers and using a single supplier (20) -
verified answersManagement time



Risk (insolvency)



9.4: Explain three reasons for an organisation to use a robust supplier selection process (30) -
verified answersTo ensure transparency and fairness

, To get the most appropriate supplier



To ensure the supplier aligns with the buying organisations requirements



6.3: Explain two investment techniques and their purpose (20) - verified answersNet Present
Value (NPV)



Internal Rate of Return (IRR)



6.1: Explain three reasons to use a business case throughout a project life cycle (30) - verified
answersTo justify initial investment



Acts as a contract



To justify the continued viability



1.4: Differentiate between the role of the project sponsor and project manager in each of
these stages: Definition, Deployment, Transition (30) - verified answersDefinition:

PM - Write PMP

PS - Approve PMP



Deployment:

PM - Provide information for reviews

PS - Decision maker at reviews



Transition:

PM - Confirms UAT testing & prepares manuals and training for BAU ops