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Exam (elaborations)

APPLICATION PORTFOLIO MANAGEMENT (APM) QUESTIONS WITH 100% CORRECT ANSWERS

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APPLICATION PORTFOLIO MANAGEMENT (APM) QUESTIONS WITH 100% CORRECT ANSWERS

Institution
Application Portfolio Management
Course
Application Portfolio Management










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Written for

Institution
Application Portfolio Management
Course
Application Portfolio Management

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Uploaded on
January 24, 2025
Number of pages
16
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • apm

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explain the importance of producing a project
management plan


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, Without proper project management, budget estimates and project delivery
timelines can be set that are over-ambitious or lacking in analogous
estimating insight from similar projects.




Project Manager Vs Project Sponsor


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Focus on how, outcoput and proceesses. Focus on why, oucome and benefits




explain the role of contingency planning in projects


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the purpose of the plan is to lessen the damage of the risk when it occurs. If
so and so is off next week, lets put x on standby




explain the role and key responsibilities of the project
manager


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, project managers job is to look after a project end to end. They have to
manage resources, equipment, procurement,assess risk, conduct safety.
manage HR before internal and external




explain factors which would typically be reported on to
help ensure successful project outcomes


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Progress, cost, project milestones




explain the importance of a business case throughout the
project life cycle


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The business case provides justification for undertaking a project. It evaluates
the benefit, cost and risk of alternative options and provides a rationale for
the preferred solution. (SPONSOR ACCOUTNABLE) to present to senior
managers




state factors which can positively or negatively affect
communication


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