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.