APM PFQ EXAMS WITH VERIFIED QUESTIONS AND CORRECT A GRADED ANSWERS |LATEST UPDATE GUARANTEED PASS 100% |2024

APM PFQ EXAMS WITH VERIFIED QUESTIONS AND CORRECT A GRADED ANSWERS |LATEST UPDATE GUARANTEED PASS 100% |2024 Define a project Correct Answer: Projects are unique, transient endeavours undertaken to achieve a desired outcome. Projects bring about change and project management is recognised as the most efficient way of managing such change. define project management Correct Answer: Project management is the process by which projects are defined, planned, monitored, controlled and delivered such that the agreed benefits are realised. identify the differences between a project and business as usual Correct Answer: Projects involve uncertainty, require a special team and operate in a dynamic environment. Business-As-Usual uses the deliverables produced to provide on-going services in a more stable environment. state the key purpose of project management Correct Answer: Project management is used to define, plan, monitor and control the projects in order to enable the business benefits to be realised. list the processes of project management Correct Answer: - Starting Process - Planning Process - Monitoring & Control Process - Feedback Process - Closing Process list the benefits to an organisation of effective project management Correct Answer: - greater likelihood of achieving the desired result - efficient and best value use of resources - satisfying the needs of stakeholders list the core components of project management Correct Answer: - define project need - capture requirements - prepare business case - secure funding - develop management plan - lead team - manage risks - monitor progress - manage budget - maintain communication - close the project define programme Correct Answer: - deliver significant business change - over extensive periods of time. - programme coordinates a number of projects define portfolio management Correct Answer: - group of programmes which are being undertaken for an organization. - ensures that the right programmes and