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APM-PFQ Practice Questions

APM Project Fundamentals Qualification (PFQ)

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Total Questions : 409

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Question # 101

Which one of the following statements best describes a project?

Options:

A.  

A project is a set of tools and techniques often used when delivering organisational change.

B.  

A project is the sum of activities needed to remove uncertainty from a unique piece of work.

C.  

A unique transient endeavour undertaken to achieve a desired outcome.

D.  

A project is a method of planning work.

Discussion 0
Question # 102

What factor creates the effect of the estimating funnel?

Options:

A.  

Project team getting to know each other better.

B.  

utilization of learning and experience.

C.  

Project scope increasing in cost.

D.  

use of a linear life cycle

Discussion 0
Question # 103

Portfolio management involves:

1) selection

2) control

3) prioritisation

4) transition

Options:

A.  

1, 2 and 3

B.  

1, 2 and 4

C.  

2, 3 and 4

D.  

1, 3 and 4

Discussion 0
Question # 104

Which one of the following is a responsibility of the project steering group/board?

Options:

A.  

To identify potential problems for the project team to solve.

B.  

To provide strategic direction and guidance to the sponsor.

C.  

To manage the project team in all daily activities.

D.  

To receive and consider daily reports from team members.

Discussion 0
Question # 105

What is the main reason for an initial high-level review of a change request?

Options:

A.  

To consider if the change is feasible to evaluate at this stage.

B.  

To establish who might be the best stakeholders to be involved in the change.

C.  

To ensure that the change request is considered as soon as possible.

D.  

To implement the necessary actions to ensure the change has a smooth implementation.

Discussion 0
Question # 106

Scheduling can best be defined as the process used to determine:

Options:

A.  

overall project duration.

B.  

project cost estimating.

C.  

the project management plan.

D.  

sub-contractor's responsibilities

Discussion 0
Question # 107

What would be the effect if the resources required for a project's critical path activities were insufficient?

Options:

A.  

It would reduce the project duration.

B.  

It would extend the project duration.

C.  

The quality of the deliverables would suffer.

D.  

Resource smoothing should be applied to the critical path.

Discussion 0
Question # 108

Which of the following statements about estimating is true?

Options:

A.  

Post project reviews are a prime source of estimating data.

B.  

An estimated cost for a project must be 10 per cent to be any use

C.  

If you cannot estimate task durations to within 20 per cent there is no point in developing a schedule.

D.  

The project manager should always add 10 cent to peoples duration estimates to allow for natural optimism

Discussion 0
Question # 109

What is the main objective of an audit?

Options:

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.

Discussion 0
Question # 110

Which one of the following best defines a benefit?

Options:

A.  

A.  

positive result of stakeholder management.

B.  

The successful management of a project.

C.  

An improvement resulting from project deliverables.

D.  

The successful delivery of project reports and updates.

Discussion 0
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