PROMINENT FEATURES OF APM APM-PMQ EXAM PRACTICE TEST QUESTIONS

Prominent Features of APM APM-PMQ Exam Practice Test Questions

Prominent Features of APM APM-PMQ Exam Practice Test Questions

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APM Project Management Qualification (PMQ) Exam Sample Questions (Q23-Q28):

NEW QUESTION # 23
Which of the following are not typical responses to risks?
* Complete root cause analysis to understand why the situation has occurred.
* Reduce the probability of the threat occurring or the impact on the project.
* Change objectives or practices to change the cause of the threat so it can no longer occur.
* There are no acceptable or viable approaches to take to avoid or reduce, so the threat and any residual risk must be managed.
* Prepare a risk management plan to document the risk and give it to your sponsor.
* Pass the responsibility for bearing the impact of the threat from one party to another.

  • A. 4 and 5.
  • B. 1 and 5.
  • C. 3 and 4.
  • D. 2 and 6.

Answer: A

Explanation:
Detailed Explanation:
* Preparing a risk management plan (5) is part of risk planning, not a direct response to risks.


NEW QUESTION # 24
Identify one of the five steps of a benefits management plan and state one action you would take to apply it to ensure the successful realization of project benefits.

Answer:

Explanation:
See the Explanation for both solutions in detail:
Explanation:
Benefit:Benefits Realization Tracking.Action:Regularly monitor key performance indicators (KPIs) to ensure the project is delivering the expected outcomes.
Detailed Explanation:


NEW QUESTION # 25
A construction company is planning to build a new office complex. The project manager is considering integrating sustainability principles and priorities into the project management process.
How can integrating sustainability principles and priorities into the management of this project positively impact its long-term success?
* By fostering innovation and creativity, leading to more resilient solutions that adapt to changing environmental and social conditions in the construction of the office complex.
* By requiring additional planning and coordination to integrate sustainability measures seamlessly into existing project timelines and workflows, potentially leading to short-term disruptions in scheduling.
* By enhancing stakeholder trust and reputation, which can attract investors and clients committed to sustainable practices in the development of the office complex.
* By restricting resource consumption and waste generation during the construction process, to guarantee cost savings and improved resource efficiency in this phase of the project.
* By improving worker safety through sustainable construction practices.
* By reducing upfront costs but increasing long-term maintenance expenses due to sustainable building materials.

  • A. 1 and 5
  • B. 3 and 6
  • C. 1 and 3
  • D. 2 and 4

Answer: C

Explanation:
Detailed Explanation:Sustainability principles help projects by:
* Fostering Innovation (Option 1):Sustainability encourages long-term adaptability and resilience in designs.
* Enhancing Stakeholder Trust (Option 3):Sustainable practices attract socially responsible investors and build client trust.
* Other Options:While 5 (worker safety) is essential, it's less directly tied to sustainability's core purpose in this context.


NEW QUESTION # 26
You are the project manager of a promotional campaign project that's currently in the development phase.
The project sponsor is concerned about the project's financial performance and has asked you to send them an update report.
Which of the three following reports could be used to highlight the project's current financial position?
* Business case.
* Cash flow.
* Benefits forecast.
* Actual costs versus forecasted costs.
* Investment appraisal.
* Earned value analysis.

  • A. 1, 5, and 6.
  • B. 3, 4, and 5.
  • C. 2, 3, and 4.
  • D. 2, 4, and 6.

Answer: D

Explanation:
The correct reports to highlight the project's current financial position are:
* Cash Flow (2):
* Tracks the inflow and outflow of funds during the project, providing a real-time snapshot of liquidity.
* This is critical for understanding whether the project is financially stable at any given point.
* Actual Costs vs. Forecasted Costs (4):
* Compares what has been spent so far to the planned or forecasted budget.
* Highlights any deviations from the expected financial performance, such as overspending or cost savings.
* Earned Value Analysis (6):
* Combines cost, schedule, and scope to measure project performance and progress.
* Provides insights into cost variances (difference between planned and actual costs) and schedule performance.
Why not the other options?
* Business Case (1):The business case focuses on the initial justification for the project, not real-time financial tracking.
* Benefits Forecast (3):Focuses on future benefits, not current financial performance.
* Investment Appraisal (5):Evaluates long-term financial viability, not ongoing financial performance.


NEW QUESTION # 27
You are the project manager for a large-scale rebranding project. During a critical phase, it becomes evident that additional funding is necessary to address unforeseen challenges.
Which role within the project would you approach to authorise the updated business case and secure the necessary funds to ensure the project's continuation?

  • A. Quality manager.
  • B. Project sponsor.
  • C. Project steering board.
  • D. Product owner.

Answer: B

Explanation:
Detailed Explanation:
* Theproject sponsoris responsible for securing and authorizing funding for the project.


NEW QUESTION # 28
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