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APMP FULL SET Exam Study Guide

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APMP FULL SET Exam Study Guide Governance - answerThe set of policies, regulations, functions, processes, procedures and responsibilities that define the establishment, management and control of projects, programmes and portfolios. Project Management - answerApplication of processes, methods, knowledge, skills and experience to achieve the project objectives. Programme Management - answerCoordinated management of project and change management activities to achieve beneficial change. Portfolio Management - answerSelection, prioritisation and control of an organisation's projects and programmes in line with its strategic objectives and capacity to deliver. Goal is to balance change initiatives and business-as-usual while optimising return on investment. Infrastructure - answerProvides support for projects, programmes and portfolios, and the focal point for the development and maintenance of P3 management within an organisation. Knowledge Management - answerSystematic management of information and learning. It turns personal information and experience into collective knowledge that can be widely shared throughout an organisation and a profession. Lifecycle - answerDefines the inter-related phases of a project, programme or portfolio and provides a structure for governing the progression of the work from initial idea to completion Success Factors - answerManagement practices that will increase the likelihood of success of a project, programme or portfolio when implemented. Maturity - answerDegree to which management practices are established and embedded within an organisation. Sponsorship - answerSenior management role that is accountable for ensuring that the work is governed effectively and delivers objectives that meet the identified needs. Setting - answerRelationship of the project, programme or portfolio with its host organisation. Environment - answerDefined as the circumstances and the conditions within which the project, programme or portfolio must operate.

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APMP Foundational
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Institution
APMP Foundational
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APMP Foundational

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Uploaded on
November 12, 2024
Number of pages
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Written in
2024/2025
Type
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©THEBRIGHT EXAM SOLUTIONS

11/8/2024 12:08 PM


APMP FULL SET Exam Study Guide


Governance - answer✔The set of policies, regulations, functions, processes, procedures and
responsibilities that define the establishment, management and control of projects, programmes and
portfolios.

Project Management - answer✔Application of processes, methods, knowledge, skills and experience to
achieve the project objectives.

Programme Management - answer✔Coordinated management of project and change management
activities to achieve beneficial change.

Portfolio Management - answer✔Selection, prioritisation and control of an organisation's projects and
programmes in line with its strategic objectives and capacity to deliver. Goal is to balance change
initiatives and business-as-usual while optimising return on investment.

Infrastructure - answer✔Provides support for projects, programmes and portfolios, and the focal point
for the development and maintenance of P3 management within an organisation.

Knowledge Management - answer✔Systematic management of information and learning. It turns
personal information and experience into collective knowledge that can be widely shared throughout an
organisation and a profession.

Lifecycle - answer✔Defines the inter-related phases of a project, programme or portfolio and provides a
structure for governing the progression of the work from initial idea to completion

Success Factors - answer✔Management practices that will increase the likelihood of success of a
project, programme or portfolio when implemented.

Maturity - answer✔Degree to which management practices are established and embedded within an
organisation.

Sponsorship - answer✔Senior management role that is accountable for ensuring that the work is
governed effectively and delivers objectives that meet the identified needs.

Setting - answer✔Relationship of the project, programme or portfolio with its host organisation.

Environment - answer✔Defined as the circumstances and the conditions within which the project,
programme or portfolio must operate.

, ©THEBRIGHT EXAM SOLUTIONS

11/8/2024 12:08 PM

Operations Management - answer✔Relates to the management of those activities that create core
services or products provided by an organisation.

Strategic Management - answer✔Identification, selection and implementation of an organisation's long-
term goals and objectives.

Interpersonal Skills - answer✔Means by which people relate to and interact with other people

Communication - answer✔Means by which information or instructions are exchanged. Successful
communication occurs when the received meaning is the same as the transmitted meaning.

Conflict - answer✔Different objectives and attitudes between two or more parties

Conflict Management - answer✔Process of identifying and addressing differences that, if left
unresolved, could affect objectives.

Delegation - answer✔Practice of giving a person or group the authority to perform the responsibilities
of, or act on behalf of, another.

Influencing - answer✔Act of affecting the behaviours and actions of others

Leadership - answer✔Ability to establish vision and direction, to influence and align others towards a
common purpose, and to empower and inspire people to achieve success.

Negotiation - answer✔Discussion between two or more parties aimed at reaching agreement.

Teamwork - answer✔A group of people working in collaboration or by cooperation towards a common
goal.

Professionalism - answer✔The application of expert and specialised knowledge within a specific field
and the acceptance of standards related to that profession

Communities of Practice - answer✔Groups of people who share a concern or passion for an aspect of P3
management and develop expertise through regular interaction

Competence - answer✔The combined knowledge, skill and behaviour that a person needs to perform
properly in a job or work role.

Ethics Framework - answer✔Sets recognised standards of conduct and behaviour within the P3
profession.

Learning & Development - answer✔Encompass the continual improvement of competence at all levels
of an organisation.

Integrative Management - answer✔The application of management processes that integrate some or all
fundamental components of scope, schedule, cost, risk, quality and recourses

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