APMG International Project Planning & Control™ (PPC) Foundation
Exam with all Correct & 100% Verified Answers |Guaranteed to Pass
1. The sequence
The sequence of project tasks is an output of the Scheduling stage
of project
tasks
2. The project The project baseline should only be set when the schedule, budget,
base- line resources, risks and other components of it are robust, i.e. it is agreed
that it is possible to deliver the project to cost, time and quality.
Scheduling must be completed before the project baseline is set.
3. The The identification of the interfaces is one of the outputs of the Planning
identification of stage
the interfaces
4. The amount The amount of float can only be calculated once the schedule is
of float for completed so it is an output of the Scheduling stage
each ac- tivity
5. Understand When performing a planning check on a schedule, one area to cover is
the purpose whether the entire scope is represented in the schedule
and scope of
a plan- ning
check
6. Cost control Cost control is the process of collecting actual costs and collating
them in a format to allow comparison with project budgets, identifying
variances to inform decision making and allow action to be taken. Cost
control is not used to quantify the cost of services, materials and
resources required to deliver a project
7. Cost estimating Cost estimating is the process that is used to quantify the cost of
services, materials and resources required to deliver a project.
8. Budgeting Budgeting is the process of allocating appropriate budgets to ditterent
parts of the Work Breakdown Structure, not quantifying the cost of services,
materials and resources required to deliver a project
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21
,APMG International Project Planning & Control™ (PPC) Foundation
Exam with all Correct & 100% Verified Answers |Guaranteed to Pass
Budgets are used to set cost performance targets
2/
21
, APMG International Project Planning & Control™ (PPC) Foundation
Exam with all Correct & 100% Verified Answers |Guaranteed to Pass
9. Scheduling Scheduling involves the calculation of duration and resources required,
defines the logic and sequence and the calculation of critical path, float,
and start and finish dates of individual activities, and thus determines the
feasibility of delivering the project within the desired completion dates and
budget. Cost estimating is used to quantify the cost of services, materials
and resources required to deliver a project
10. Resource Buffer It allocates additional lead time to critical resources to forewarn that a
critical activity is approaching
11. Contingency It allocates additional funds to the project budget to respond to identified
risks
12. Project Buffer It allocates additional time at the end of a project schedule
13. Feeder Buffer It allocates additional time at the end of tasks within a schedule
14. Which of the 1. The baseline may be re-baselined with the appropriate authority
fol- lowing are
2. The baseline encompasses all project breakdown structures 3.
prin- ciples of
The baseline is established at the start of each project phase
project
baselining?
1. How the previous week's work performed against plan
15. Understand
2. What were the reasons for any non-completed work
the four key
ele- ments of 3. What work needs to be done within the next four weeks
short term
planning
16. Planned Value Planned Value is the approved budget for the work scheduled to be
completed by a specified
17. Precedence 18. The purpose of 'What Ifs
Dia- gram
Method
3/
21
Exam with all Correct & 100% Verified Answers |Guaranteed to Pass
1. The sequence
The sequence of project tasks is an output of the Scheduling stage
of project
tasks
2. The project The project baseline should only be set when the schedule, budget,
base- line resources, risks and other components of it are robust, i.e. it is agreed
that it is possible to deliver the project to cost, time and quality.
Scheduling must be completed before the project baseline is set.
3. The The identification of the interfaces is one of the outputs of the Planning
identification of stage
the interfaces
4. The amount The amount of float can only be calculated once the schedule is
of float for completed so it is an output of the Scheduling stage
each ac- tivity
5. Understand When performing a planning check on a schedule, one area to cover is
the purpose whether the entire scope is represented in the schedule
and scope of
a plan- ning
check
6. Cost control Cost control is the process of collecting actual costs and collating
them in a format to allow comparison with project budgets, identifying
variances to inform decision making and allow action to be taken. Cost
control is not used to quantify the cost of services, materials and
resources required to deliver a project
7. Cost estimating Cost estimating is the process that is used to quantify the cost of
services, materials and resources required to deliver a project.
8. Budgeting Budgeting is the process of allocating appropriate budgets to ditterent
parts of the Work Breakdown Structure, not quantifying the cost of services,
materials and resources required to deliver a project
1/
21
,APMG International Project Planning & Control™ (PPC) Foundation
Exam with all Correct & 100% Verified Answers |Guaranteed to Pass
Budgets are used to set cost performance targets
2/
21
, APMG International Project Planning & Control™ (PPC) Foundation
Exam with all Correct & 100% Verified Answers |Guaranteed to Pass
9. Scheduling Scheduling involves the calculation of duration and resources required,
defines the logic and sequence and the calculation of critical path, float,
and start and finish dates of individual activities, and thus determines the
feasibility of delivering the project within the desired completion dates and
budget. Cost estimating is used to quantify the cost of services, materials
and resources required to deliver a project
10. Resource Buffer It allocates additional lead time to critical resources to forewarn that a
critical activity is approaching
11. Contingency It allocates additional funds to the project budget to respond to identified
risks
12. Project Buffer It allocates additional time at the end of a project schedule
13. Feeder Buffer It allocates additional time at the end of tasks within a schedule
14. Which of the 1. The baseline may be re-baselined with the appropriate authority
fol- lowing are
2. The baseline encompasses all project breakdown structures 3.
prin- ciples of
The baseline is established at the start of each project phase
project
baselining?
1. How the previous week's work performed against plan
15. Understand
2. What were the reasons for any non-completed work
the four key
ele- ments of 3. What work needs to be done within the next four weeks
short term
planning
16. Planned Value Planned Value is the approved budget for the work scheduled to be
completed by a specified
17. Precedence 18. The purpose of 'What Ifs
Dia- gram
Method
3/
21
