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APM PMQ Exam revision LATTEST UPDATE QUESTIONS AND ANSWERS 100% CORRECT What are the five criteria for a successful project? - ANSWER: Time, cost, quality, risk & benefits Project Management - ANSWER: The application of processes, met

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APM PMQ Exam revision LATTEST UPDATE QUESTIONS AND ANSWERS 100% CORRECT What are the five criteria for a successful project? - ANSWER: Time, cost, quality, risk & benefits Project Management - ANSWER: The application of processes, methods, knowledge, skills and experience to achieve the project objectives Programme Management - ANSWER: The coordinated management of projects and change manage activities to achieve beneficial change Project Success - ANSWER: The satisfaction of stakeholder needs measured by the success criteria as identified and agreed at the start of the project Benefits Management - ANSWER: The identification, definition, planning, tracking and realisation of business benefits Project Context - ANSWER: Refers to the environment within which the project is undertaken Stakeholder Management - ANSWER: The systematic identification, analysis, planning and implementation of actions designed to engage with stakeholders Project Life Cycle - ANSWER: The inter-related phases of a project, programme or portfolio, it provides a structure for governing the progression of work Project Reviews - ANSWER: Reviews take place throughout the project life cycle to check the likelihood of achieving the objectives specified in the PMP and the benefits detailed in the business case The Business Case - ANSWER: Provides justification for undertaking a project or programme. It evaluates the benefits, cost and risk of alternative options and provides reasoning behind the preferred solution Organisational Roles - ANSWER: Are the roles performed by individuals or groups in a project. Both roles and responsibilities within projects must be defined to address the transient and unique nature of projects and to ensure clear accountabilities can be assigned Project Sponsor - ANSWER: is an important senior management role. The sponsor is accountable for ensuring that the work is governed effectively and delivers the objectives that meet the identify needs. The Project Management Plan - ANSWER: A document used to coordinate all project planning documents, it is the reference document for managing the project. It is an output of the definition phase Scope Management - ANSWER: A process whereby outputs, outcomes and benefits of the project are identified, defined and controlled. Requirements management GAJB

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APM PMQ Exam revision LATTEST UPDATE 2024-2025
QUESTIONS AND ANSWERS 100% CORRECT
What are the five criteria for a successful project? - ANSWER: Time, cost, quality, risk & benefits


Project Management - ANSWER: The application of processes, methods,
knowledge, skills and experience to achieve the project objectives

Programme Management - ANSWER: The coordinated management of projects
and change manage activities to achieve beneficial change

Project Success - ANSWER: The satisfaction of stakeholder needs measured by
the success criteria as identified and agreed at the start of the project

Benefits Management - ANSWER: The identification, definition, planning, tracking
and realisation of business benefits

Project Context - ANSWER: Refers to the environment within which the project is
undertaken

Stakeholder Management - ANSWER: The systematic identification, analysis,
planning and implementation of actions designed to engage with stakeholders

Project Life Cycle - ANSWER: The inter-related phases of a project, programme or
portfolio, it provides a structure for governing the progression of work

Project Reviews - ANSWER: Reviews take place throughout the project life cycle to
check the likelihood of achieving the objectives specified in the PMP and the benefits
detailed in the business case

The Business Case - ANSWER: Provides justification for undertaking a project or
programme. It evaluates the benefits, cost and risk of alternative options and
provides reasoning behind the preferred solution

Organisational Roles - ANSWER: Are the roles performed by individuals or groups
in a project. Both roles and responsibilities within projects must be defined to
address the transient and unique nature of projects and to ensure clear
accountabilities can be assigned

Project Sponsor - ANSWER: is an important senior management role. The sponsor
is accountable for ensuring that the work is governed effectively and delivers the
objectives that meet the identify needs.

The Project Management Plan - ANSWER: A document used to coordinate all
project planning documents, it is the reference document for managing the project. It
is an output of the definition phase

Scope Management - ANSWER: A process whereby outputs, outcomes and
benefits of the project are identified, defined and controlled.
Requirements management GAJB

,APM PMQ Exam revision LATTEST UPDATE 2024-2025
QUESTIONS AND ANSWERS 100% CORRECT
Scope development PBS-WBS
Configuration management PICSAVA
Change Control RRADI 0

Scheduling - ANSWER: The process used to determine the overall project duration
and when activities and events are planned to happen.
Schedule Management: ICECAP

Resource Management - ANSWER: The acquisition and deployment of the internal
resources required to deliver the project

Project Risk Management - ANSWER: Is a process that allows individual risk
events and overall project risk to be understood and managed proactively, optimising
success by minimising threats and maximising opportunities

Project Quality Management - ANSWER: Is a discipline for ensuring the outputs,
benefits and the processes by which they are delivered, meet stakeholder
requirements and are fit for purpose.
PACCIFY

Change Control - ANSWER: Is the process through which all requests to change
the baseline scope of a project are captured, evaluated and then approved, rejected
or differed

Issue - ANSWER: Occurs when the tolerance of delegated work are predicted to be
exceeded or have been exceeded. This triggers and escalation of the issue from one
level of management to the next in order to seek a solution

Configuration Management - ANSWER: Comprises the administrative activities
concerned with the creation, maintenance, controlled change and quality control of
the scope of work.
PICSAVA

Information Management - ANSWER: Is the collection, storage, dissemination,
archiving and destruction of information. It enables teams and stakeholders to use
their time, resource and expertise effectively to make decisions and to fulfil their
roles

Procurement - ANSWER: Is the process by which products and services are
acquired from an external provider for incorporation into the project

Communication - ANSWER: The means by which information or instructions are
exchanged

Teamwork - ANSWER: A group of people working together towards a common goal

,APM PMQ Exam revision LATTEST UPDATE 2024-2025
QUESTIONS AND ANSWERS 100% CORRECT
Leadership - ANSWER: The ability to establish vision and direction, to influence
and align others towards a common purpose and to empower and inspire people to
achieve project success

Handover and Closure - ANSWER: During this phase, deliverables are handed
over to the sponsor and users. Closure is the process of finalising all project matters,
carrying out final project reviews, archiving project information and redeploying the
project team

Project variables/constraints - ANSWER: Time
Cost
Quality
Risk
Benefit
Scope

Benefits of project management - ANSWER: Improved project communication
Effective resource management
Better delivery of results
Facilitates risk-taking
Lessons learned
Improved governance

Challenges of project management - ANSWER: Bureaucracy
Limits creativity
Threatens existing organisation structure
Complex interrelationships
Project management capability

Project management methods ?? - ANSWER: Documentation templates
Governance guidelines
Role definitions
Project management procedures
Guidelines on application
Project management procedures

Core processes of programme management - ANSWER: Project co-ordination
Holistic Risk
Prioritising projects
Speed up/slow down projects
Benefits focused
Stakeholder management/communication
Supports strategic change

Roles and responsibilities of programme management ? - ANSWER: Initiate,
prioritise and terminate projects
Manage project and BAU interdependencies
Manage resources and conflicts

, APM PMQ Exam revision LATTEST UPDATE 2024-2025
QUESTIONS AND ANSWERS 100% CORRECT
Manage risks, issues and changes
Define and realise the strategic benefits

Benefits of programme management - ANSWER: Prioritisation of individual projects
Resource management
View of interdependencies
Ability to manage risks issues and changes
Effective communication/consistent reporting
Alignment with programme objectives

Challenges of programme management - ANSWER: Unclear organisation/scope
High number of stakeholders
Lack of clear requirements

Key activities in portfolio management - ANSWER: Segmentation
Select and prioritise
Assess progress
Review and reporting
Benefits management

Benefits of portfolio management - ANSWER: Maintaining a balances and aligned
portfolio
Holistic overview of risks, dependencies, and scheduling
Cost reduction
Efficient utilisation of resources
Better coordination and control

Organisational structure levels - ANSWER: External
Sponsorship
Management
Delivery
(Administrative support and assurance sit alongside)

Benefits of matrix organisation structure - ANSWER: Increased share learning
Global resources pool available
Facilitates resources sharing
Consistent methodology in organisation
Flexible for differen projects.

Good for organisations with lots of projects and routine operations
Good for staff welfare as they have dedicated resource
Project requirements fit business needs
Better allocation of resources fit to skills - efficient
Improved project management expertise

Disadvantages of matrix organisation structure - ANSWER: Resource and loyalty
conflict between projects and functions.
May overload team with work.

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