APM-PFQ Online Practice Questions and Answers

Stakeholder analysis supports effective stakeholder engagement by:

A. identifying stakeholders with high levels of power and interest.

B. ensuring stakeholder acceptance of project deliverables.

C. justifying the preferred project option to stakeholders.

D. providing information to all stakeholders.

Which one of the following statements is true?

A. Business-as-usual activities cannot be improved.

B. Business-as-usual activities are more difficult to manage than projects.

C. Projects are transient endeavours that bring about change to business-as-usual.

D. A project is always the starting point for operation refinement.

We have an expert-written solution to this problem. Who has ultimate responsibility for project risk?

A. Steering group.

B. Risk owner.

C. Project sponsor.

D. Project manager

The phases of a project life cycle are:

A. starting, planning, control and closing.

B. concept, definition, development, handover and closure.

C. initiation, definition, planning, monitoring and operations.

D. concept, definition, implementation and operations.

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 importance of having a business case?

A. It allows the sponsor to use the document as a baseline to calculate project slippage.

B. It provides an overview of the project team performance at each stage of delivery.

C. It shows how the project manager is performing in delivering the project

D. It allows the sponsor to decide on project continuously when used at gate review

How does having a business case help an organisation?

A. It provides a documented account of the decisions that have been made and by whom in the planning of the project's finances, ensuring the project's compliance with recognized governance standards

B. It provides an overview of how the project will deliver the scheduled progress over the period agreed between the project manager, sponsor and other key stakeholders associated with the project.

C. It provides a means by which the sponsor can monitor the project manager's performance in relation to the plans documented in the business case and highlight points at which a change of project manager may be necessary.

D. It provides a recognized framework by which project spending proposals can be recorded, reviewed and audited to learn lessons about how efficiently the organisation is deploying funds to achieve its targeted returns.

How is the deployment baseline used throughout the project?

A. Progress monitoring and implementation of change control.

B. Benefits realisation.

C. Identify options for deployment.

D. Prepare users for delivery of the output into operation.

What is the most likely reason a stakeholder may object to the project?

A. They have a lack of interest in what the project is they feel it doesn't really affect them.

B. They haven't been involved in project manager from the candidates available

C. They have misunderstood what the project is trying to achieve and have had very little communication from the project.

D. They are a in another project and time to perform the stakeholder role

What estimating method is most commonly used in the definition phase Of the project life cycle?

A. Analogous.

B. Analytical

C. Parametric.

D. Statistical