APM-PFQ exam

Which of the following defines quality?A . The fitness for purpose of outputs and processes.B . The value for money of a product.C . The satisfaction of the stakeholders.D . The thoroughness of the management plan.View AnswerAnswer: A

Portfolio management includes prioritising:A . projects and/or programmes that contribute directly to the organisation's strategic objectives.B . projects with exceptionally high returns on investment.C . projects and programmes over business as usual.D . projects which maximise change over those which maximise investmentView AnswerAnswer: A

Scheduling can best be defined as the process used to determine:A . overall project duration.B . project cost estimating.C . the project management plan.D . sub-contractor's responsibilitiesView AnswerAnswer: A

The main outcome of risk identification, in a risk management process, is to:A . identify and determine the relative importance of the project risks.B . identify and describe all risks that might occur on the project.C . identify and determine the responses to the project risks.D . identify and describe...

Which technique could be used by a project manager when resources are limited?A . Resource aggregation.B . Resource estimation.C . Resource levelling.D . Resource expansionView AnswerAnswer: C

One difference between a project and business as usual is:A . projects achieve specified benefits but business as usual has only vague benefits.B . projects drive change whereas business as usual continues existing activities.C . projects have tightly controlled budgets whereas business as usual does not.D . projects have unclear...

One disadvantage of physical communication is:A . its significant environmental impact when compared to other forms of communication.B . that no audit trail is available for review at a later date by project team members.C . it is reliant on technology being available to all relevant members of the project.D...

Which of the following is included in a Procurement Strategy?A . BenefitsB . Stakeholder listC . Contract pricing informationD . Specification of worksView AnswerAnswer: C

The primary purpose of a milestone in a project is to show:A . significant events.B . resource constraints.C . task dependencies.D . critical path highlights.View AnswerAnswer: A

The purpose of project management is to:A . organise management plans.B . keep all stakeholders happy.C . control change initiatives.D . effect beneficial change.View AnswerAnswer: D