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APM PMQ Questions with complete solution 2024/2025
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APM PMQ Questions with complete solution 2024/2025 APM PMQ - 2.1 - Initiating a Project What is the definition of a project? Projects are transient endeavours that bring about change and achieve planned objectives. Together, they combine to deliver the beneficial change required to implement, ...

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  • October 3, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
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  • apm pmq questions with complete solution

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APM PMQ - 2.1 - Initiating a Project
What is the definition of a project?
Projects are transient endeavours that bring about change and achieve
planned objectives. Together, they combine to deliver the beneficial change
required to implement, enable and satisfy the strategic intent of the
organisation.




What is a stakeholder?
Those individuals or groups who have an interest or role in the project,
programme or portfolio, or are impacted by it.




How does the project environment influence an organisation?




What is PESTEL used for?
A form of environmental analysis. It is a management technique to help
project management understand the environment in which the project
operates.




What does PESTEL stand for?

,■ Political - Current and potential influences from political pressures.


■ Economic - Local, national and world economic impact.


■ Sociological - The effect of changes in the needs of society.


■ Technological - New and emerging technology.


■ Legal - Local, national and world legislation.


■ Environmental - Local, national and world environmental issues.




What is a SWOT analysis?
Is to use an established framework to systematically understand the
strengths, weaknesses, opportunities and threats that each project option may
face. SWOT can be particularly powerful uncovering opportunities




How does SWOT and PESTEL analysis differ?
PESTLE can be used to consider the environment and to establish options for
consideration;


SWOT may be used as an evaluation tool to test the options being considered
and so is more of a comparative analysis.

, What is VUCA analysis?
VUCA to reflect the 'volatility, uncertainty, complexity and ambiguity'. To
identify emerging opportunities, respond to new conditions and address
shortfalls and differences in outcomes, avoiding the classic mismatches
between plans, models and reality, translating into poor project performance.




What areas are covered by employment law?
Areas covered by employment law include:


1. discrimination


2. disability provisions


3. dismissal of employees


4. grievance procedures


5. working hours


6. leave entitlement


7. employment contracts

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