APM-PFQ Online Practice Questions and Answers

Risk management should be initiated...

A. when the Project Management Plan is initiated.

B. at the time the Work Breakdown Structure is developed.

C. at the start of the project.

D. once the project concept is understood.

Which one of the following statements is true?

A. The business case is owned by the sponsor and is created during the concept phase of the project life cycle.

B. The business case is owned by the project manager and is created during the concept phase of the project life cycle.

C. The business case is owned by the sponsor and is created during definition phase of the project life cycle.

D. The business case is owned by the project manager and is created during the definition phase of the project life cycle.

Which one of the following does project change control primarily seek to ensure?

A. All variance to the project scope is evaluated.

B. No reduction in the perceived quality of the project outcome.

C. Management costs of the project do not increase.

D. Any decrease in the scoped deliverable of the project is rejected.

Which one of the following is captured in the Work Breakdown Structure (WBS)?

A. The life cycle phases.

B. The logical order of tasks.

C. The scope of the project.

D. Project costs.

Which one of the following statements about the project management plan (PMP) is FALSE?

A. The PMP acts as a contract between the Project Manager, the project team and the sponsor.

B. The PMP defines the baselines for the project upon which changes are considered.

C. The PMP, once defined, will remain unchanged throughout the project.

D. The PMP is used as a reference document for managing the project.

How is project risk management best defined?

A. A series of actions taken by a project team member or stakeholder to proactively avoid project threats.

B. A structured process to optimise project success by minimising threats and maximising opportunities.

C. A technique to decompose the project into component parts or discrete groups for programming purposes.

D. A framework that allows requirements to be defined and reviewed so that the best project approach is determined.

A project management plan could best be described as:

A. an activity on a network diagram.

B. Gantt chart.

C. plan for the programme.

D. an overall plan for the project.

Successful project communications will most likely occur when:

A. the project sponsor takes responsibility for planning all stakeholder communication from the outset.

B. email is the primary method used in order to get information to stakeholders in a speedy and efficient manner.

C. a standard project communication format for reports is used to provide feedback to stakeholders.

D. the different communication needs of each stakeholder group are fully understood.

One way that communication could be improved in the project is to:

A. ensure that free flowing feedback channels are planned into the communication structure.

B. ensure that communication is carried out as much as possible, transmitting as much information as possible.

C. target only those stakeholders who seem to show a valid interest in the project.

D. avoid planning communication too much so that messages are not seen as rigid and overly complex.

What is the main objective of an audit?

A. Provide assurance to the project sponsor that the project is going to finish on time and within budget.

B. Provide feedback to the project manager with regard to their performance in managing the project.

C. Provide assurance to the sponsor that the project is being managed using the agreed governance and process.

D. Provide a report of the current status of the project regarding cost and schedule performance.