APM PMQ Exam Questions and Answers
with Verified Solutions | Latest Updated
2026
-projects: unique, timebound Differentiate between projects and
BAU: ongoing, BAU
repetitive-projects deliver
outputs, BAU uses outputs to
deliver outcomes and
benefits-projects are funded
by capital (equity, debt) BAU is
funded by revenue-projects
use temporary team of
specialists, BAU uses
permanent team with
functional skills-projects are
risk aware, BAU is risk averse
-project has fixed duration, key differences between projects
program has undetermined and program management
duration-project has
pre-defined objectives,
program has negotiated
objectives-project is task
oriented, program is goal
oriented-project has a
lifecycle, program has
extended lifecycle-proj
manager is overseer, prog
manager is creative
thinker-proj has a single
,objective, program has
multiple related objectives
program is aligned to overall outline the relationship between
strategy, benefits from programs, projects and strategic
projects integrated during life change
of the program, there may be
inter-project dependencies,
delivers outcomes
a group of projects with what is a program
related business
objectives/benefits; aligned to
an overall strategy
-focuses on strategic benefits of program management
objectives (a vision drives the
program. each project brings
us closer)
- focuses on change mgt:
embeds delivered products
into business to achieve
outcomes/benefits-ensures
optimal project scheduling
(minimize delays, maximize
efficiency)/inter-project
dependencies-benefits from
economies of scale by
allocating resources
efficiently-risk and change
handled at strategic
level-easily justify
infrastructure projects as they
, rarely present benefits on their
own. only within a program is
their purpose clear and
justified
-planning and typical roles of a program manager
controlling-managing project
interfaces-defines
governance-manages
budget-manages
resources-manages
communications, risks, issues
analysis of projects and what is portfolio management and
programs related to strategic how is it different from
objectives. project/program management
- it balances change initiatives
with maintaining BAU (outputs
embedded into BAU such that
benefits are realized)
- highest priority projects and
programs selected for
implementation-needs to be
adjusted in line with current
circumstances (resources,
ability to accept change)
-used at organizational level to when to use portfolio management
ensure that changes
necessary to achieve strategic
objectives are
coordinated/managed in a
with Verified Solutions | Latest Updated
2026
-projects: unique, timebound Differentiate between projects and
BAU: ongoing, BAU
repetitive-projects deliver
outputs, BAU uses outputs to
deliver outcomes and
benefits-projects are funded
by capital (equity, debt) BAU is
funded by revenue-projects
use temporary team of
specialists, BAU uses
permanent team with
functional skills-projects are
risk aware, BAU is risk averse
-project has fixed duration, key differences between projects
program has undetermined and program management
duration-project has
pre-defined objectives,
program has negotiated
objectives-project is task
oriented, program is goal
oriented-project has a
lifecycle, program has
extended lifecycle-proj
manager is overseer, prog
manager is creative
thinker-proj has a single
,objective, program has
multiple related objectives
program is aligned to overall outline the relationship between
strategy, benefits from programs, projects and strategic
projects integrated during life change
of the program, there may be
inter-project dependencies,
delivers outcomes
a group of projects with what is a program
related business
objectives/benefits; aligned to
an overall strategy
-focuses on strategic benefits of program management
objectives (a vision drives the
program. each project brings
us closer)
- focuses on change mgt:
embeds delivered products
into business to achieve
outcomes/benefits-ensures
optimal project scheduling
(minimize delays, maximize
efficiency)/inter-project
dependencies-benefits from
economies of scale by
allocating resources
efficiently-risk and change
handled at strategic
level-easily justify
infrastructure projects as they
, rarely present benefits on their
own. only within a program is
their purpose clear and
justified
-planning and typical roles of a program manager
controlling-managing project
interfaces-defines
governance-manages
budget-manages
resources-manages
communications, risks, issues
analysis of projects and what is portfolio management and
programs related to strategic how is it different from
objectives. project/program management
- it balances change initiatives
with maintaining BAU (outputs
embedded into BAU such that
benefits are realized)
- highest priority projects and
programs selected for
implementation-needs to be
adjusted in line with current
circumstances (resources,
ability to accept change)
-used at organizational level to when to use portfolio management
ensure that changes
necessary to achieve strategic
objectives are
coordinated/managed in a
