Practice Free APM-PFQ Exam Online Questions
Question #11
The project manager ___ the business case.
- A . is the sole author of.
- B . represents.
- C . implements.
- D . is not involved with.
Question #12
Governance could best be defined as:
- A . the framework of authority and accountability that defines and controls the outputs, outcomes and benefits from projects, programmes and portfolios.
- B . the framework that structures a review of the project, programme or portfolio and aids a decision to be made about whether to continue with the next phase or stage of progress.
- C . the framework that is used for selection, prioritisation and control of an organisation’s projects and programmes in line with its strategic objectives and capacity to deliver
- D . the framework used by the organisation and approved by the project board at project initiation that allows the definition of the terms of reference for the project.
Question #13
What is the estimating method that uses data from a similar project as the basis for the estimate?
- A . Evaluative estimating.
- B . Risk based estimating.
- C . Analogous estimating.
- D . Analytical estimating.
Question #14
What aspect of business case development will assist project management the most?
- A . That the sponsor who has developed the business case will also be the sponsor who oversees actual delivery of the project.
- B . That the option chosen has taken recognition of how the resultant project is actually going to be managed and delivered.
- C . That the project management plan for the project is captured as an appendix of the approved business case.
- D . That the business case has sufficient detail to allow the project manager to take over accountability for the financial success of the project
Question #15
Which one of the following best describes project management?
- A . Using APM’s Body of Knowledge 6th edition as a guide to all projects.
- B . Employing a project manager who has undertaken similar projects.
- C . Utilising team members who can work on a project full time.
- D . Application of processes and methods throughout the project life cycle.
Question #16
One purpose of risk management is to:
- A . adapt the plan to resolve problems.
- B . minimise threats and maximise opportunities.
- C . continually improve the project teams’ efficiency.
- D . manage variations in a controlled way
Question #17
Which of the following is not a benefit to using a hybrid project life cycle?
- A . Provides a framework that is universally applicable.
- B . Speeds up deployment and benefits realization.
- C . Focuses on the most useful interim deliverables.
- D . Augments and strengthens predictive deployment.
Question #18
The primary purpose of a gate review is to decide:
- A . whether the project manager and team are performing well.
- B . if the project is on schedule and within budget.
- C . if stakeholders are satisfied.
- D . whether to continue with the project.
Question #19
A communications plan should be:
1) one way
2) adjustable
3) measurable
4) rigid
- A . 2, 3 and 4
- B . 1 and 3
- C . 1, 2 and 3
- D . 2 and 3
Question #20
What is the main objective of an audit?
- A . Provide assurance to the project sponsor that the project is going to finish on time and within budget.
- B . Provide feedback to the project manager with regard to their performance in managing the project.
- C . Provide assurance to the sponsor that the project is being managed using the agreed governance and process.
- D . Provide a report of the current status of the project regarding cost and schedule performance.