APM- PFQ EXAM LATEST 2024 ACTUAL EXAM TEST BANK
Who is responsible for configuration management? - ANSWER: The PM
What role provides the link between the business and the project? - ANSWER: The
project sponsor
What is the aim of resource smoothing? - ANSWER: To schedule activities within the
limit of their float
What are 3 ways that stakeholders can be identified? - ANSWER: Brainstorming,
analysis of project context and asking team members.
Who signs of the PMP? - ANSWER: The project sponsor
Who should identify risks on a project? - ANSWER: Any stakeholder
Who must project issues be escalated to? - ANSWER: The project sponsor
Benefits may be tangible or intangible - ANSWER: True
What does the product breakdown structure help to define? - ANSWER: The
products of a project
Who manages interrelationships between activities in a working group? - ANSWER: A
single person
Suppliers can be both internal and external to the organisation - ANSWER: True
What is portfolio management particularly concerned with avoiding? - ANSWER:
Capacity bottlenecks
What is resource levelling? - ANSWER: Re-allocating the resource so that the total
resources available is not exceeded but the end date might move.
What does project planning provide? - ANSWER: A framework within which the
project can be managed effectively.
Define scheduling - ANSWER: The process used to determine the overall project
duration and when activities and events are planned to happen.
Define liquidated damages - ANSWER: Pre-estimated losses
What is a benefit of splitting a project into phases? - ANSWER: Helps to manage risk,
helps with planning, helps to manage stakeholder expectations.
, What document includes the project success criteria? - ANSWER: The business case
When is the business case formally reviewed? - ANSWER: At decision gates
When is the project sponsor's focus for the project reflected? - ANSWER: The
importance that the sponsor gives to time, cost and quality of the project.
What is the best technique for team building? - ANSWER: Motivation
Define change control - ANSWER: The process that ensures that all changes made to
a projects baselined scope, time, cost and quality objectives or agreed benefits are
identified, evaluated, approved, rejected, or deferred.
What is the risk management procedure? - ANSWER: Identify risks, define owners,
establish probability, establish impact, mitigate the risks and maintain a risk
management diary.
What phase is the PMP first drafted? - ANSWER: The definition phase
What do Bar or Gantt charts show? - ANSWER: An overview of the tasks against a
common timescale
What does an effective project quality system do? - ANSWER: Quality is focused on
prevention of errors
What is the aim of the product breakdown structures? - ANSWER: To identify the
deliverables for the project.
What is the use of an issue log? - ANSWER: A summary of all project issues, their
analysis and status.
What do project milestones represent? - ANSWER: Well defined events
What does change control least likely affect? - ANSWER: Quality assurance
What is the difference between a project and business as usual? - ANSWER: Projects
manage change whereas BAU manages a repetitive process
What are the stages of the linear project lifecycle? - ANSWER: Concept, definition,
deployment, transition
What is the extended linear project lifecycle? - ANSWER: Users use the products to
create outcomes (adoption, benefits and operations)
What stage does a product lifecycle contain that a project lifecycle doesn't? -
ANSWER: Termination (use the products until they discontinue)
Who is responsible for configuration management? - ANSWER: The PM
What role provides the link between the business and the project? - ANSWER: The
project sponsor
What is the aim of resource smoothing? - ANSWER: To schedule activities within the
limit of their float
What are 3 ways that stakeholders can be identified? - ANSWER: Brainstorming,
analysis of project context and asking team members.
Who signs of the PMP? - ANSWER: The project sponsor
Who should identify risks on a project? - ANSWER: Any stakeholder
Who must project issues be escalated to? - ANSWER: The project sponsor
Benefits may be tangible or intangible - ANSWER: True
What does the product breakdown structure help to define? - ANSWER: The
products of a project
Who manages interrelationships between activities in a working group? - ANSWER: A
single person
Suppliers can be both internal and external to the organisation - ANSWER: True
What is portfolio management particularly concerned with avoiding? - ANSWER:
Capacity bottlenecks
What is resource levelling? - ANSWER: Re-allocating the resource so that the total
resources available is not exceeded but the end date might move.
What does project planning provide? - ANSWER: A framework within which the
project can be managed effectively.
Define scheduling - ANSWER: The process used to determine the overall project
duration and when activities and events are planned to happen.
Define liquidated damages - ANSWER: Pre-estimated losses
What is a benefit of splitting a project into phases? - ANSWER: Helps to manage risk,
helps with planning, helps to manage stakeholder expectations.
, What document includes the project success criteria? - ANSWER: The business case
When is the business case formally reviewed? - ANSWER: At decision gates
When is the project sponsor's focus for the project reflected? - ANSWER: The
importance that the sponsor gives to time, cost and quality of the project.
What is the best technique for team building? - ANSWER: Motivation
Define change control - ANSWER: The process that ensures that all changes made to
a projects baselined scope, time, cost and quality objectives or agreed benefits are
identified, evaluated, approved, rejected, or deferred.
What is the risk management procedure? - ANSWER: Identify risks, define owners,
establish probability, establish impact, mitigate the risks and maintain a risk
management diary.
What phase is the PMP first drafted? - ANSWER: The definition phase
What do Bar or Gantt charts show? - ANSWER: An overview of the tasks against a
common timescale
What does an effective project quality system do? - ANSWER: Quality is focused on
prevention of errors
What is the aim of the product breakdown structures? - ANSWER: To identify the
deliverables for the project.
What is the use of an issue log? - ANSWER: A summary of all project issues, their
analysis and status.
What do project milestones represent? - ANSWER: Well defined events
What does change control least likely affect? - ANSWER: Quality assurance
What is the difference between a project and business as usual? - ANSWER: Projects
manage change whereas BAU manages a repetitive process
What are the stages of the linear project lifecycle? - ANSWER: Concept, definition,
deployment, transition
What is the extended linear project lifecycle? - ANSWER: Users use the products to
create outcomes (adoption, benefits and operations)
What stage does a product lifecycle contain that a project lifecycle doesn't? -
ANSWER: Termination (use the products until they discontinue)
