APMP FULL SET Exam Study Guide
Governance - answerThe set of policies, regulations, functions, processes, procedures and
responsibilities that define the establishment, management and control of projects, programmes and
portfolios.
Project Management - answerApplication of processes, methods, k...
Governance - answer✔The set of policies, regulations, functions, processes, procedures and
responsibilities that define the establishment, management and control of projects, programmes and
portfolios.
Project Management - answer✔Application of processes, methods, knowledge, skills and experience to
achieve the project objectives.
Programme Management - answer✔Coordinated management of project and change management
activities to achieve beneficial change.
Portfolio Management - answer✔Selection, prioritisation and control of an organisation's projects and
programmes in line with its strategic objectives and capacity to deliver. Goal is to balance change
initiatives and business-as-usual while optimising return on investment.
Infrastructure - answer✔Provides support for projects, programmes and portfolios, and the focal point
for the development and maintenance of P3 management within an organisation.
Knowledge Management - answer✔Systematic management of information and learning. It turns
personal information and experience into collective knowledge that can be widely shared throughout an
organisation and a profession.
Lifecycle - answer✔Defines the inter-related phases of a project, programme or portfolio and provides a
structure for governing the progression of the work from initial idea to completion
Success Factors - answer✔Management practices that will increase the likelihood of success of a
project, programme or portfolio when implemented.
Maturity - answer✔Degree to which management practices are established and embedded within an
organisation.
Sponsorship - answer✔Senior management role that is accountable for ensuring that the work is
governed effectively and delivers objectives that meet the identified needs.
Setting - answer✔Relationship of the project, programme or portfolio with its host organisation.
Environment - answer✔Defined as the circumstances and the conditions within which the project,
programme or portfolio must operate.
Operations Management - answer✔Relates to the management of those activities that create core
services or products provided by an organisation.
Strategic Management - answer✔Identification, selection and implementation of an organisation's long-
term goals and objectives.
Interpersonal Skills - answer✔Means by which people relate to and interact with other people
Communication - answer✔Means by which information or instructions are exchanged. Successful
communication occurs when the received meaning is the same as the transmitted meaning.
Conflict - answer✔Different objectives and attitudes between two or more parties
Conflict Management - answer✔Process of identifying and addressing differences that, if left
unresolved, could affect objectives.
Delegation - answer✔Practice of giving a person or group the authority to perform the responsibilities
of, or act on behalf of, another.
Influencing - answer✔Act of affecting the behaviours and actions of others
Leadership - answer✔Ability to establish vision and direction, to influence and align others towards a
common purpose, and to empower and inspire people to achieve success.
Negotiation - answer✔Discussion between two or more parties aimed at reaching agreement.
Teamwork - answer✔A group of people working in collaboration or by cooperation towards a common
goal.
Professionalism - answer✔The application of expert and specialised knowledge within a specific field
and the acceptance of standards related to that profession
Communities of Practice - answer✔Groups of people who share a concern or passion for an aspect of P3
management and develop expertise through regular interaction
Competence - answer✔The combined knowledge, skill and behaviour that a person needs to perform
properly in a job or work role.
Ethics Framework - answer✔Sets recognised standards of conduct and behaviour within the P3
profession.
Learning & Development - answer✔Encompass the continual improvement of competence at all levels
of an organisation.
Integrative Management - answer✔The application of management processes that integrate some or all
fundamental components of scope, schedule, cost, risk, quality and recourses
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