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APM: Project Management Exam with all Correct & 100% Verified Answers |Latest Version |Already Graded A+

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APM: Project Management Exam with all Correct & 100% Verified Answers |Latest Version |Already Graded A+

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APM: Project Management Exam with all Correct & 100%
Verified Answers |Latest Version |Already Graded A+

Hold Harmless Agreement ✔Correct Answer-A contractual agreement that transfers the
liability of one party to another party; The organization or individual is not liable for damages or
injuries caused by the individual

Lease Premises ✔Correct Answer-The property that resides on the lease

Easement Agreement ✔Correct Answer-An agreement that allows limited use of land owned
by someone else

Sidetrack Agreement ✔Correct Answer-Contract between a railroad and a business the
railroad may service.
The business holds the railroad harmless if an accident occurs while the railroad is using the
sidetrack to deliver goods to the business.

PERT ✔Correct Answer-Program Evaluation and Review Technique. A statistical tool used in
project management used to analyze and represent tasks in a given project

Roadway Pavement Management System ✔Correct Answer-The process of planning the
maintenance and repair of a network of roadways.
1. Inventory
2. Inspection
3. Condition Assessment
4. Condition Prediciton
5. Condition Analysis
6. Work planning

Protestant work ethic ✔Correct Answer-the view that a person's duty is to achieve success
through hard work and thrift, such success being a sign that one is saved.

management by exception ✔Correct Answer-a control principle that states that managers
should be informed of a situation only if data show a significant deviation from standards

gap analysis ✔Correct Answer-Analyzing the current performance versus the goal/potential
performance

ABC Analysis ✔Correct Answer-Rating inventory in ABC or based on importance. Inventory of
organization is not of equal value.

, Value Engineering ✔Correct Answer-An approach to solve problems through identifying and
eliminating unwanted costs while improving functionality and quality. Value as a ratio of
function to cost. Creating a life-cycle for the product to minimize overspending.

Critical Path Method ✔Correct Answer-A method used to estimate the maximum project
duration and determine the amount of scheduling flexibility on the logical network paths within
the schedule model.

Productivity Ratio ✔Correct Answer-output/input

Downtime ✔Correct Answer-a period of time when a system is unavailable

Index Numbers ✔Correct Answer-Used to measure the changes in one or more variable over
a period of time

Management by Objectives (MBO) ✔Correct Answer-a program that encompasses specific
goals, participatively set, for an explicit time period, with feedback on goal progress

Span of Control ✔Correct Answer-the number of subordinates who report directly to a
manager

Scientific Management ✔Correct Answer-the application of scientific principles to increase
efficiency in the workplace

Bottleneck ✔Correct Answer-A point in the production chain where the limited capacity in
one portion causes a reduced capacity of the whole chain.

Aggregates in Bituminous Pavements are tested on... ✔Correct Answer-Abrasion, soundness,
and deleterious material

PSI ✔Correct Answer-Present Serviceability Index

Minimum thickness for asphalt maintenance by U.S. Federal Highway Administration
✔Correct Answer-3/4" minimum thickness

Raveling ✔Correct Answer-Disintegration of asphalt material from the surface downward
causing a separation of material

Management Science ✔Correct Answer-The careful, objective study of management decisions
and procedures in order to improve the operation of businesses and organizations.

Behavior Management ✔Correct Answer-plan to modify or maintain the desired behavior of a
person or group of persons

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