BUSINESS AND MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 6 (REVIEW QUIZ)
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Business and Management
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Business And Management
Unlock your project management potential with our expertly crafted quiz! Dive into the essential concepts of audits, reviews, benefits, and more with questions designed to sharpen your understanding and enhance your skills. This comprehensive quiz not only tests your knowledge but also provides cle...
BUSINESS MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 6
REVIEWS QUIZ
NOTE: This is part 6 of a complete series of APM (Association for Project Management) PMQ (Project
Management Qualification) as of September 2024 all you need for your exam preps
Circle the letter of the Definition that corresponds to the displayed Term.
1.
Question: What is an audit in project management?
A. A review undertaken after a period of operations of the project deliverables. It is intended to confirm
the realisation of the project benefits.
B. A review undertaken after the project deliverables have been handed over and before closure of the
project.
C. An audit of the operation of project management or other process to identify whether the defined
processes are being adhered to.
D. A means to provide assurance enabling the sponsor to be confident that governance is working and
the project is being managed as intended. Carried out by suitably skilled resources from outside the
project to provide an objective view and evaluation.
Correct Answer: D
Explanation: An audit in project management provides assurance that governance is functioning
correctly and that the project is being managed as planned. It involves an external and objective
evaluation by skilled resources.
2.
Question: What is a review in project management?
A. A review undertaken after the project deliverables have been handed over and before closure of the
project.
B. A point in the life cycle between phases that is used to review and confirm viability of the work in
line with the business case. Also called stage gate or gate.
C. A means to provide assurance enabling the sponsor to be confident that governance is working and
the project is being managed as intended. Carried out by suitably skilled resources from outside the
project to provide an objective view and evaluation.
D. A critical evaluation of a deliverable, business case or project management process.
Correct Answer: D
Explanation: A review in project management is a critical evaluation of a deliverable, business case, or
project management process to assess its effectiveness and alignment with objectives.
3.
Question: What defines a benefit in project management?
A. A positive and measurable impact of change (or) The quantifiable and measurable improvements
resulting from the completion of deliverables that are accepted, utilised and perceived as positive by a
stakeholder.
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