FDM APM Written Test With Complete Answers.

What is AXELOS and APM? - correct answer Common PM standards and guidlines. - prince2 - MSP - BS 6079 (guidlines) What is PMI? - correct answer Project management Institute. American PM standard. - PMoC (Project Management Body of Knwledge) What are the qualifications for APM and AXELOS? - correct answer APM - APM project Fundementals - APM Project Managment Qualificaiton - APM Practitioner Qualification AXELOS - PRINCE2 Foundation - Prince2 Practitioner - MSP What is ISEB? PMP? - correct answer Courses given for IT PM in UK. PMP is the american version. What is a project? - correct answer A unique transient endeavor undertaken to achieve planned objectives. These have finite life cycles. What is project management? - correct answer The application of processes, methods, knowledge, skills, and experience to achieve project objectives. What is project management important for? - correct answer Going beyond personal planning, you need to know what is being done, how to do it, and how to mitigate risk. 4 stages in project life-cycle? - correct answer 1. Concept - Is it possible? - justifiable? - worth risk? 2. Definition - Make the plan - feasibility study - risk management 3. Development - Plan, monitor, control cycle 4. Handover - Post Project Review - benefits realisation What are the 2 types of business work and what makes each unique? - correct answer Operations -Repeated -Continuous -Stable Projects -Unique -Planned -Imply radical change What is a program? - correct answer A group or related projects happening at the same time or sharing resources working toward a common goal. What is a portfolio? - correct answer Groupings of projects and programs. What is the difference between projects and programs? - correct answer 1. projects are planned to end 2. Projects are focused on products. Programs are the inverse What is needed for successful programs? - correct answer 1. Processes 2. People 3. Organisation 4. Infrastructure 5. Leadership What are the categories of stakeholders? - correct answer - Internal - External What is a business case? - correct answer The set of information for the project made before the project begins. Typical sections include: 1. Reasons 2. Options 3. Benefits 4. Risks 5. Cost Timescale 6. Investment Appraisal What is the structure of project team? - correct answer 1. Project board 2. Senior executives 3. Project assurance 4. PM 4.5. Project Support 5. Team manager What are the 3 steering group roles and what does each do? - correct answer 1. Senior supplier: Focused on the business end 2. Sponsor: Chairs the meetings and oversees the completion of the project. 3. Senior User: Oversees the project is delivering on product requirements. What does project support do? - correct answer 1. Documentation 2. Filing 3. Plan Updating 4. Standards 5. Configuration Management 6. Reports What is project assurance? - correct answer The responsibility of the steering group to ensure the project is doing what it is expected to deliver. What is planning? - correct answer What is a project management plan? - correct answer 1. The Why should