APM-001 Online Practice Questions and Answers

A reward can only be effective if it is:

A. Given immediately after the project is completed.

B. Something that is tangible.

C. Formally given during project performance appraisals.

D. Satisfying a need valued by the individual.

Which tool or technique is used in the Develop Project Management Plan process?

A. Pareto diagram

B. Performance reporting

C. SWOT analysis

D. Expert judgment

At the start of a typical project life cycle, costs are: A. low, peak as work is carried out, and drop as the project nears the end.

B. low, become steady as work is carried out, and increase as the project nears the end.

C. high, drop as work is carried out, and increase as the project nears the end.

D. high, become low as work is carried out, and drop as the project nears the end.

The following is a network diagram for a project.

How many possible paths are identified for this project?

A. 3

B. 4

C. 6

D. 7

Which of the Perform Quality Assurance tools and techniques may enhance the creation of the work breakdown structure (VVBS) to give structure to the decomposition of the scope?

A. Activity network diagrams

B. Affinity diagrams

C. Matrix diagrams

D. Interrelationship digraphs

In an organization with a projectized organizational structure, who controls the project budget?

A. Functional manager

B. Project manager

C. Program manager

D. Project management office

In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?

A. Firm-Fixed-Price (FFP)

B. Fixed Price with Economic Price Adjustments (FP-EPA)

C. Fixed-Price-Incentive-Fee (FPIF)

D. Cost Plus Fixed Fee (CPFF)

Which of the following is a tool or technique used in the Determine Budget process?

A. Variance analysis

B. Three-point estimating

C. Bottom-up estimating

D. Historical relationships

Which of the following response strategies are appropriate for negative risks or threats?

A. Share, Accept, Transfer, or Mitigate

B. Exploit, Enhance, Share, or Accept

C. Mitigate, Share, Avoid, or Accept

D. Avoid, Mitigate, Transfer, or Accept

A tool and technique used during the Collect Requirements process is:

A. prototypes.

B. expert judgment.

C. alternatives identification.

D. product analysis.