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APM PMQ Study Guide Questions with Correct Answers

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APM PMQ Study Guide Questions with Correct Answers

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APM PMQ Study Guide Questions with
Correct Answers
Linear Life Cycle

A life cycle that aims to complete a project within a single pass through a set of distinct

phases.

Defined outputs

Concept, definition, deployment, transition

Iterative Life Cycle

Time and cost estimates are routinely modified as the project team's understanding of the

product increases. Iterations develop the product through a series of repeated cycles, while

increments successively add to the functionality of the product.

Evolving objectives

Strengths and weaknesses of a linear life cycle

Strengths:

Clear structure

Stable cost



Weaknesses:

Not flexible

May miss issues

Strengths and weaknesses of iterative life cycle

Strengths:

Flexible

,Early feedback to catch issues



Weaknesses:

Risk of increased cost

Lack of certainty of duration and cost

Hybrid Life Cycle

A combination of predictive and an adaptive life cycle. Those elements of the project that are

well known or have fixed requirements follow a predictive development life cycle, and those

elements that are still evolving follow an adaptive development life cycle.

Strengths and weaknesses of hybrid life cycle

Strengths:

Additional guidance



Weaknesses:

Requires more management and skill

Extended life cycle

A life cycle model that includes adoption and realisation of benefits

Change is embedded

Governance Arrangements

Functional manager - full control, already know each-other, good for small projects



Project structure - create teams for specific projects, no project means no job.

, Matrix structure - 2 bosses, allocated to multiple projects, in and out of BAU

Project Sponsor

The person who provides the direction and funding for a project, own the BC.

Project sign off

Product Owner

A person responsible for maximizing the value of the product and accountable for the end

product. Defines scope.

Project Manager

The person assigned by the performing organization to lead the team that is responsible for

achieving the project objectives. Approve gates.

Project Team Members

The staff who actively work on the project, at some stage, during the lifetime of the project;

technical experience. Apply change control.

RACI Model

Responsible, Accountable, Consulted, Informed

project

A temporary endeavor undertaken to create a unique product, service, or result.

programme

Combine BAU with project to meet an organisations strategic priorities

portfolio

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