APM PMQ EXAM QUESTIONS AND ANSWERS (Rated A)

Configuration Management process - Status accounting - ANSWER-knowing the status of items, proposed changes and the implementation status of approved changes (Archived records) Risk in a Business case - ANSWER-the major risks and their impact on the business case. What a business case includes? (BOBCART) - ANSWER-Background, Options, Benefits, Commercial Aspects, Risks, Timescales PRAM process - ANSWER-Initiate Identify Assess Plan responses Implement responses Risk management - Initiate - ANSWER-How the risk will be managed? (PMP, Risk management plan) Risk management - Assess - ANSWER-how risky is each risk (Risk matrix, probability & impact chart) Risk management - Identify - ANSWER-Use of Identification methods such as (risk logs, brainstorming, meetings, Delphi) Plan responses - ANSWER-is this risk a threat or opportunity to the project? (SWAT Analysis) Implement - ANSWER-when the risk is added to the project plan, (PMP, risk log, Gannt chart) Extended project life cycle - ANSWER-Concept Definition Development Handover and Closure Operations Benefits Realisation Termination Who are potential stakeholders within a project? - ANSWER-Project Sponsor, Project Team, Users , Suppliers, Customers, Senior Management Information management process - ANSWER-Collection, Storage, Dissemination, Archiving, Destruction Requirements management process - Capture - ANSWER-is a research exercise undertaken early in a project to establish the scope and what is needed. (brainstorming, prototypes, archived documentation) What are the steps of the change control process? - ANSWER-Submit Change, Review change, Assess feasibility and impact, Decision What is the requirements model? - ANSWER-Business needs, features, requirements, acceptance Criteria What are the steps of the configuration management process? - ANSWER-Planning, Identification, Control, Status Accounting , Audit What are 2 types of breakdown structure? - ANSWER-WBS, OBS What is a Work Breakdown Structure (WBS)? - ANSWER-a comprehensive list of all activities needed to complete a project. What is a Product Breakdown Structure (PBS)? - ANSWER-focuses on the deliverables needed to deliver the project. This can be broken down further into tasks within a WBS. What are 5 types of report? - ANSWER-Progress Qua