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APM QUESTIONS 7.1 Describe two breakdown structures that communicate the scope of a project (20) - correct answer Product Breakdown Structure (PBS) Work Breakdown Structure (WBS) 6.9 Explain three methods used to produce estimates for a project (30) - correct answer Parametric Analogous Analytical 2.1 Explain two differences between linear and iterative life cycles (20) - correct answer Defined / undefined scope Requirement of knowledge 9.3 Explain two differences between using multiple suppliers and using a single supplier (20) - correct answer Management time Risk (insolvency) 9.4: Explain three reasons for an organisation to use a robust supplier selection process (30) - correct answer To 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) - correct answer Net Present Va

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APM QUESTIONS


7.1 Describe two breakdown structures that communicate the scope of a project (20) - correct answer
✔✔Product Breakdown Structure (PBS)



Work Breakdown Structure (WBS)



6.9 Explain three methods used to produce estimates for a project (30) - correct answer ✔✔Parametric

Analogous

Analytical



2.1 Explain two differences between linear and iterative life cycles (20) - correct answer ✔✔Defined /
undefined scope



Requirement of knowledge



9.3 Explain two differences between using multiple suppliers and using a single supplier (20) - correct
answer ✔✔Management time



Risk (insolvency)



9.4: Explain three reasons for an organisation to use a robust supplier selection process (30) - correct
answer ✔✔To 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) - correct answer ✔✔Net Present Value
(NPV)



Internal Rate of Return (IRR)



6.1: Explain three reasons to use a business case throughout a project life cycle (30) - correct answer
✔✔To 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) - correct answer ✔✔Definition:

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

PS - Provides acceptance of the product on behalf of the org



1.2: Explain two ways in which an Organisational Breakdown Structure is used to create a Responsibility
Assignment Matrix (20) - correct answer ✔✔To define role in the project/tasks (RAM)



To define responsibilities in the project

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