APM-PFQ exam

Which of these is a correct definition of an Estimate?A . The use of a range of tools and techniques to produce forecasts of the probable time or cost of completing workB . An educated guess that improves over timeC . A forecast of the probable time or cost of...

A project life cycle which combines approaches from the linear and iterative life cycles is known as _________ project life cycle.A . a hybrid.B . an extended.C . a reduced.D . a combined.View AnswerAnswer: A

Which of the following is the responsibility of a project manager?A . Ensuring a project is aligned to the organisation's strategy.B . Focusing on project benefits and aligning priorities.C . Achieving the project's success criteria.D . Improving process, tools and techniques used in a projectView AnswerAnswer: C

Which one of the following statements is true?A . Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget.B . Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded.C . Quality control verifies that the...

Which of the following is not a key element of project scope management?A . Define outputs.B . Identify outputs.C . Share outputs.D . Control outputsView AnswerAnswer: C

In developing a network the first task after listing the activities is to...A . Define activity durationsB . Determine floatC . Determine the interdependencies of activitiesD . Harmonise the activity to a calendarView AnswerAnswer: C

Which of the following is not a stage in an issue resolution process?A . Share the issue with stakeholders.B . Track the issue to closure.C . Escalate to the sponsor.D . Apply change control.View AnswerAnswer: A

Which of the following is the purpose of an estimating funnel?A . Keeping resource usage to a minimum to help reduce costs.B . Supporting the production of comparative estimates.C . Identifying where costs can be minimised when preparing a budget.D . Representing increasing levels of estimating accuracy achieved through the...

Which of the following statements about scheduling is false?A . Defines the sequence of activities.B . Considers work calendars and time contingency.C . Provides a baseline for safety considerations.D . Quantifies the required resources.View AnswerAnswer: C

Which one of the following best describes users?A . Providers of both strategic and tactical direction to the project.B . Those intended to receive benefits or operate outputs.C . Facilitators of an appropriate issue resolution procedure.D . Those providing full-time commitment to the project.View AnswerAnswer: B