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APM APM-PFQ - Questions & Answers

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Question 1
Single choice

In which phase of the project should the Procurement Strategy be written?

A.

Concept

B.

Definition

C.

Deployment

D.

Transition

Question 2
Single choice

In developing a network the first task after listing the activities is to...

A.

Define activity durations

B.

Determine float

C.

Determine the interdependencies of activities

D.

Harmonise the activity to a calendar

Question 3
Single choice

Which of these is a correct definition of an Estimate?

A.

The use of a range of tools and techniques to produce forecasts of the probable time or cost of completing work

B.

An educated guess that improves over time

C.

A forecast of the probable time or cost of completing work

D.

An estimate is an approximation of project time and cost targets that forms the basis of the contract

Question 4
Single choice

Risk management should be initiated...

A.

when the Project Management Plan is initiated.

B.

at the time the Work Breakdown Structure is developed.

C.

at the start of the project.

D.

once the project concept is understood.

Question 5
Single choice

When are benefits usually realised when using an iterative life cycle?

A.

During the project

B.

Post project

C.

At project closure

D.

Both during and after the project

Question 6
Single choice

When is an analysis of a project's environment most likely to be undertaken?

A.

In the Definition Phase

B.

In the Transition Phase

C.

In the Concept Phase

D.

In the Deployment Phase

Question 7
Single choice

Which one of the following statements BEST defines procurement?

A.

A technique to establish the best approach for obtaining the resources for the project

B.

A group of interrelated resources and activities that transform inputs into outputs

C.

The description of the purpose, form and components to support delivery of a product

D.

The process by which products and services required for the project are acquired

Question 8
Single choice

Which of these is likely to occur if the scope is poorly defined?
1. Additional time spent in the concept phase
2. Scope creep
3. Budget over/under runs
4. Scheduling problems

A.

1, 2 and 3

B.

1, 2 and 4

C.

1, 3 and 4

D.

2, 3 and 4

Question 9
Single choice

Which of the following is included in a Procurement Strategy?

A.

Benefits

B.

Stakeholder list

C.

Contract pricing information

D.

Specification of works

Question 10
Single choice

A review undertaken to decide whether a project should proceed into its next phase is known as a...

A.

decision gate.

B.

feasibility study.

C.

milestone review.

D.

evaluation review.

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