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PROJECT MANAGEMENT MODULE (IFMA FMP)

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PROJECT MANAGEMENT MODULE (IFMA FMP)

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PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM LATEST
2024 ACTUAL EXAM
Which attribute most accurately describes a project? - ANSWER: The correct answer
is: Projects are finite.

What is an example of how project managers apply sound management techniques?
- ANSWER: The correct answer is: they break down a task further if it remains at the
same percent completion despite reported progress.

Which is an advantage of using a standardized project management model? -
ANSWER: The correct answer is: The model is a framework that project managers
can adapt to project specifics.

In the project model, what do outputs from the Plan phase become? - ANSWER: The
correct answer is: inputs to the Execute phase.

A project will have a long payback period. What should the project be linked to thus
increasing the chances the project will be approved? - ANSWER: The correct answer
is: Strategic facility plans

Which activity is set by policy at the start of a project? - ANSWER: The correct
answer is: Estimating

What should a facility manager do at the beginning of a routine project to achieve
success? - ANSWER: The correct answer is: generate a shared understanding of the
end purpose of a project.

What principle is true about the steps involved when defining project success? -
ANSWER: The correct answer is: Specifying nonessential parameters is as important
as specifying essential ones.

Which document may include details such as adjacency diagrams, space standards,
and information on current and future staffing count for business units? - ANSWER:
The correct answer is: Statement of requirements

In what document would the project manager be formally listed? - ANSWER: The
correct answer is: Project charter

Which is true about the elements in a project objectives statement? - ANSWER: The
correct answer is: Schedule documentation only includes milestones for hard
delivery dates.

An organization gathers data on occupant space requirements, desired location, and
desired cost per square meter (square foot). What other factors should be

, considered when listing site selection criteria? - ANSWER: The correct answer is:
Desired floor plan/stacking plan and desired amenities

Which element is developed first? - ANSWER: The correct answer is: Work
Breakdown Structure (WBS)

Of the following terms related to a WBS, which statement is correct? - ANSWER: The
correct answer is: A task is a function to be performed that is detailed enough for
proposals to indicate cost, schedule, and readiness and completion criteria.

In which scheduling methods are as many activities as possible concurrently
performed? - ANSWER: The correct answer is: Waterfall model scheduling

Which statement is true of communications management for an office relocation? -
ANSWER: The correct answer is: Post-relocation orientation brochures can help
employees find their way around.

Which role helps ensure continued senior management/client support of major
projects? - ANSWER: The correct answer is: Project champion

Which statement is true of contract details? - ANSWER: The correct answer is: Non
typical materials or installation methods should not be included in the main body of
a contractor's proposal.

Which pre-project actions reduce risk and increase the probability of project
success? - ANSWER: The correct answer is: Pre-select contractors

If an organization has narrowed the list of contractors submitting proposals but is
still having trouble deciding between them, what could help? - ANSWER: The correct
answer is: Bidder presentations

Which statement is true of the Execute, Monitor and Control phases of the project
model? - ANSWER: The correct answer is: These phases are often concurrently or
iteratively performed.

When project managers determine the level of data to collect for monitoring and
controlling project work, what do they not need to verify? - ANSWER: The correct
answer is: Project work delays due to data collection are scheduled.

What do project managers submit when they suggest revising the project
management plan to make it feasible given the current situation? - ANSWER: The
correct answer is: change order.

What is developed to review a final deliverable from an entire system perspective? -
ANSWER: The correct answer is: Checklist reviews

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