APM PMQ FINAL EXAM QUESTIONS & ANSWERS|
GRADED A+
Concept Phase of a project - correct answer- Project is defined
including the need. Key output is the business case. A preferred option is
identified and feasibility reviewed.
Definition Phase of a project - correct answer- Evaluates preferred
option further and considers how best the solution can be delivered. Key
output is the PMP.
Development Phase of a project - correct answer- Follows the agreed
PMP, and the primary deliverables are created. This phase has the
highest level of resource. Key output is the project deliverables.
Handover and Closure Phase of a project - correct answer- The
primary deliverables are completed and brought into use after being
accepted by the sponsor/users into BAU. This stage would include the
Post implementation review to evaluate how the project was managed.
The key output is a fully functioning and operation product that has
been accepted by users.
How do you calculate Cost Performance Index (CPI)? - correct answer-
CPI = Earned Value / Actual Costs
,How do you calculate Cost Variance (CV)? - correct answer- CV=
Earned Value - Actual Costs
How do you calculate Earned Value (EV)? - correct answer- EV=
%complete x Budget at completion
How do you calculate Estimate at completion - cost (EACc)? - correct
answer- EACc= Budget at Completion/Cost Performance Index
How do you calculate Estimate at completion - time (EACt)? - correct
answer- EACt= Planned Duration/Schedule Performance Index
How do you calculate Schedule Performance Index (SPI)? - correct
answer- SPI = Earned Value / Planned Costs
How do you calculate Schedule Variance (SV)? - correct answer- SV=
Earned Value - Planned Costs
Name 2 types of requirement - correct answer- - Functional
- Non-functional
Name 2 types of resource - correct answer- - Consumable
- Re-usable
, Name 3 motivation theories - correct answer- - Maslow's Hierarchy
of needs
- Herzberg's theory of motivation
- Vroom's expectancy theory
Name 4 types of project related costs - correct answer- - Committed
- Accruals
- Actual Costs
- Forecast out-turn costs
Project Vs BAU - correct answer- - Defined time scale with defined
end date Vs Iterative in Nature
- Transient Team Vs Dedicated constant team
- Complex inter-relationships Vs Defined relationships
- High degree of uncertainty Vs Higher degree of certainty
- Specific Aims and Objectives Vs General Objectives
Team Dynamics model - Name the steps within Tuckman's stages of
development of a team model - correct answer- - Forming
- Storming
- Norming
- Performing
- Adjourning
GRADED A+
Concept Phase of a project - correct answer- Project is defined
including the need. Key output is the business case. A preferred option is
identified and feasibility reviewed.
Definition Phase of a project - correct answer- Evaluates preferred
option further and considers how best the solution can be delivered. Key
output is the PMP.
Development Phase of a project - correct answer- Follows the agreed
PMP, and the primary deliverables are created. This phase has the
highest level of resource. Key output is the project deliverables.
Handover and Closure Phase of a project - correct answer- The
primary deliverables are completed and brought into use after being
accepted by the sponsor/users into BAU. This stage would include the
Post implementation review to evaluate how the project was managed.
The key output is a fully functioning and operation product that has
been accepted by users.
How do you calculate Cost Performance Index (CPI)? - correct answer-
CPI = Earned Value / Actual Costs
,How do you calculate Cost Variance (CV)? - correct answer- CV=
Earned Value - Actual Costs
How do you calculate Earned Value (EV)? - correct answer- EV=
%complete x Budget at completion
How do you calculate Estimate at completion - cost (EACc)? - correct
answer- EACc= Budget at Completion/Cost Performance Index
How do you calculate Estimate at completion - time (EACt)? - correct
answer- EACt= Planned Duration/Schedule Performance Index
How do you calculate Schedule Performance Index (SPI)? - correct
answer- SPI = Earned Value / Planned Costs
How do you calculate Schedule Variance (SV)? - correct answer- SV=
Earned Value - Planned Costs
Name 2 types of requirement - correct answer- - Functional
- Non-functional
Name 2 types of resource - correct answer- - Consumable
- Re-usable
, Name 3 motivation theories - correct answer- - Maslow's Hierarchy
of needs
- Herzberg's theory of motivation
- Vroom's expectancy theory
Name 4 types of project related costs - correct answer- - Committed
- Accruals
- Actual Costs
- Forecast out-turn costs
Project Vs BAU - correct answer- - Defined time scale with defined
end date Vs Iterative in Nature
- Transient Team Vs Dedicated constant team
- Complex inter-relationships Vs Defined relationships
- High degree of uncertainty Vs Higher degree of certainty
- Specific Aims and Objectives Vs General Objectives
Team Dynamics model - Name the steps within Tuckman's stages of
development of a team model - correct answer- - Forming
- Storming
- Norming
- Performing
- Adjourning
