APM PMQ EXAM STUDYGUIDE 2023
Project variables/constraints - ANSWER Time
Cost
Quality
Risk
Benefit
Scope
Benefits of project management - ANSWER Improved project communication
Effective resource management
Better delivery of results
Facilitates risk-taking
Lessons learned
Improved governance
Challenges of project management - ANSWER Bureaucracy
Limits creativity
Threatens existing organisation structure
Complex interrelationships
Project management capability
Project management methods - ANSWER Documentation templates
Governance guidelines
Role definitions
Project management procedures
Guidelines on application
Project management procedures
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,APM PMQ EXAM STUDYGUIDE 2025
Benefits and costs of project management method - ANSWER Check with mark if
I need this
Core processes of programme management - ANSWER Project co-ordination
Transformation
Stakeholder management/communication
Benefits management
Roles and responsibilities of programme management - ANSWER Initiate,
prioritise and terminate projects
Manage project and BAU interdependencies
Manage resources and conflicts
Manage risks, issues and changes
Define and realise the strategic benefits
Benefits of programme management - ANSWER Prioritisation of individual
projects
Resource management
View of interdependencies
Ability to manage risks issues and changes
Effective communication/consistent reporting
Alignment with programme objectives
Challenges of programme management - ANSWER Unclear organisation/scope
High number of stakeholders
Lack of clear requirements
Key activities in portfolio management - ANSWER Segmentation
Select and prioritise
Assess progress
Review and reporting
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, APM PMQ EXAM STUDYGUIDE 2025
Benefits management
Benefits of portfolio management - ANSWER Maintaining a balances and aligned
portfolio
Holistic overview of risks, dependencies, and scheduling
Cost reduction
Efficient utilisation of resources
Better coordination and control
Organisational structure levels - ANSWER External
Sponsorship
Management
Delivery
(Administrative support and assurance sit alongside)
Benefits of matrix organisation structure - ANSWER Good for organisations with
lots of projects and routine operations
Good for staff welfare as they have dedicated resource
Project requirements fit business needs
Better allocation of resources fit to skills - efficient
Improved project management expertise
Costs of matrix organisation structure - ANSWER Clash between functional and
project managers
Lack of alignment to organisation priorities (BAU vs project)
Unclear escalation route for staff
Organisational roles - ANSWER Project steering group
Project sponsor
Project manager
Team Members
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