APMP Foundation Exam Q & A Latest Update Graded A+

APMP Foundation Exam Q & A Latest Update Graded A+ Q.1 A kick-off meeting is ... needed only if the team is distributed over several locations only for those who provide content only for top management members a meeting where all stakeholders are invited. a meeting where all stakeholders are invited. Q.2 Which of the following guidelines is generally seen as best practice? Allow 30-40% of total time for final review, amendment and production Allow 15% of total time for start-up and planning Schedule 20% contingency time Allow 10-20% of total time for kick-off preparation and proposal strategy review (earlier called the pink review) Allow 15% of total time for start-up and planning Q.3 Which is correct? The Win Rate is the value ($) of the bids submitted, divided by the value ($) of the bids won The Capture Ratio is the number of bids won, divided by the $ value of the bids submitted The Capture Ratio is the value ($) of the bids submitted, divided by the number of bids won The Win Rate is the number of bids won, divided by the number of bids submitted The Win Rate is the number of bids won, divided by the number of bids submitted Q.4 To produce a complex graphic, it typically needs 20 minutes each 1 hour each 2—6 hours each 1 day each 2—6 hours each Q.5 Which of the following elements are typically NOT found in a proposal cost budget? Facilities Bid production costs Contributors Advertising Advertising Q.6 According to best practice, how much time should you allocate for final review, amendment, and production? Less than 10% of the available time 10-20% of the available time 20-30% of the available time 40-50% of the available time 10-20%