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APM PMQ EXAM QUESTIONS AND ANSWERS (GRADED A)
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APM PMQ EXAM QUESTIONS AND ANSWERS (GRADED A) APM PMQ EXAM QUESTIONS AND ANSWERS (GRADED A) APM PMQ EXAM QUESTIONS AND ANSWERS (GRADED A) APM PMQ EXAM QUESTIONS AND ANSWERS (GRADED A) Configuration Management process - Status accounting - ANSWER-knowing the status of items, proposed cha...

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  • October 25, 2023
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • apm pmq exam questions and answers graded a
  • apm pmq exam questions and answers stuvia
  • configuration management process status accounti
  • risk in a business case answer the major risks a

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APM PMQ EXAM QUESTIONS AND ANSWERS (GRADED A)
Configuration Management process - Status accounting - ANSWER-knowing the status of items, proposed changes and the implementation status of approved changes (Archived records)
Risk in a Business case - ANSWER-the major risks and their impact on the business case.
What a business case includes? (BOBCART) - ANSWER-Background, Options, Benefits, Commercial Aspects, Risks, Timescales
PRAM process - ANSWER-Initiate Identify
Assess
Plan responses
Implement responses
Risk management - Initiate - ANSWER-How the risk will be managed? (PMP, Risk management plan)
Risk management - Assess - ANSWER-how risky is each risk (Risk matrix, probability &
impact chart)
Risk management - Identify - ANSWER-Use of Identification methods such as (risk logs,
brainstorming, meetings, Delphi)
Plan responses - ANSWER-is this risk a threat or opportunity to the project? (SWAT Analysis)
Implement - ANSWER-when the risk is added to the project plan, (PMP, risk log, Gannt chart)
Extended project life cycle - ANSWER-Concept
Definition
Development Handover and Closure
Operations
Benefits Realisation Termination Who are potential stakeholders within a project? - ANSWER-Project Sponsor, Project Team, Users , Suppliers, Customers, Senior Management
Information management process - ANSWER-Collection, Storage, Dissemination, Archiving, Destruction
Requirements management process - Capture - ANSWER-is a research exercise undertaken early in a project to establish the scope and what is needed. (brainstorming,
prototypes, archived documentation)
What are the steps of the change control process? - ANSWER-Submit Change, Review change, Assess feasibility and impact, Decision
What is the requirements model? - ANSWER-Business needs, features, requirements, acceptance Criteria
What are the steps of the configuration management process? - ANSWER-Planning, Identification, Control, Status Accounting , Audit
What are 2 types of breakdown structure? - ANSWER-WBS, OBS
What is a Work Breakdown Structure (WBS)? - ANSWER-a comprehensive list of all activities needed to complete a project.
What is a Product Breakdown Structure (PBS)? - ANSWER-focuses on the deliverables
needed to deliver the project. This can be broken down further into tasks within a WBS.
What are 5 types of report? - ANSWER-Progress
Quality
Risk
Finance
Audit
What are 3 types of investment appraisal? - ANSWER-Net present value (NPV)
Payback Internal Rate of Return (IRR)
What are the steps of the stakeholder management process? - ANSWER-Identify Assess Develop Engage
How do you calculate Earned Value (EV)? - ANSWER-EV= %complete x Budget at completion

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