APM-PFQ Online Practice Questions and Answers

The justification for the investment to be made in a project is documented in the...

A. Cost breakdown structure

B. Procurement strategy

C. Business case

D. Project management plan

Which of the following defines the term 'risk'?

A. The potential of a situation or event to impact on the achievement of specific objectives.

B. A problem that is now or is about to breach delegated tolerances for work on a project or programme.

C. Scope creep within an uncontrolled project.

D. The use of estimation to determine costs, resources and activities.

Which of the following is the correct sequence for the stages of a linear project life cycle?

A. Deployment, Concept, Definition, Transition.

B. Concept, Transition, Definition, Deployment.

C. Concept, Definition, Deployment, Transition.

D. Transition, Definition, Deployment, Concept

The purpose of a risk register is to provide a:

A. structured process for risk identification.

B. record of the ownership of risk and issue management actions.

C. means of assessing the likelihood and impact of all of the risks.

D. record of risks, their impact and the actions taken to manage them.

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 is a responsibility of the project steering group/board?

A. To identify potential problems for the project team to solve.

B. To provide strategic direction and guidance to the sponsor.

C. To manage the project team in all daily activities.

D. To receive and consider daily reports from team members.

Once a proposed change is logged it should then be:

A. accepted, rejected or deferred.

B. accepted and the project plan updated.

C. sent to the project sponsor for approval.

D. assessed to determine its potential impact.

Which structure shows the reporting relationships and communications channels for a project?

A. Work breakdown structure.

B. Organisational breakdown structure.

C. Product breakdown structure.

D. Responsibility assignment structure

What is the main purpose of iterations in an iterative life cycle?

A. To reassure stakeholders that the project will deliver as expected

B. To progressively elaborate and improve understanding based on client interaction.

C. To allow time for a thorough project management plan to be developed.

D. To ensure that the project manager appointed understands exactly what is required

What is the likely decision to arise from the response stage of the risk management process?

A. Whether to proceed with the project or recommend termination.

B. Whether the process being used is robust enough for the project being undertaken.

C. Whether to proactively invest to bring the exposure to risk within tolerable levels.

D. Whether to use brainstorming or a workshop to decide on the best response.