APM PMQ EXAM REVISION TEST BANK EXAM
QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE
2024-2025
What are the five criteria for a successful project? - CORRECT ANSWER✔✔Time, cost, quality,
risk & benefits
Project Management - CORRECT ANSWER✔✔The application of processes, methods,
knowledge, skills and experience to achieve the project objectives
Programme Management - CORRECT ANSWER✔✔The coordinated management of projects and
change manage activities to achieve beneficial change
Benefits Management - CORRECT ANSWER✔✔The identification, definition, planning, tracking
and realisation of business benefits
Project Context - CORRECT ANSWER✔✔Refers to the environment within which the project is
undertaken
Stakeholder Management - CORRECT ANSWER✔✔The systematic identification, analysis,
planning and implementation of actions designed to engage with stakeholders
1
SUCCESS!
,Page 2 of 106
Project Life Cycle - CORRECT ANSWER✔✔The inter-related phases of a project, programme or
portfolio, it provides a structure for governing the progression of work
Project Reviews - CORRECT ANSWER✔✔Reviews take place throughout the project life cycle to
check the likelihood of achieving the objectives specified in the PMP and the benefits detailed in
the business case
The Business Case - CORRECT ANSWER✔✔Provides justification for undertaking a project or
programme. It evaluates the benefits, cost and risk of alternative options and provides
reasoning behind the preferred solution
Organisational Roles - CORRECT ANSWER✔✔Are the roles performed by individuals or groups in
a project. Both roles and responsibilities within projects must be defined to address the
transient and unique nature of projects and to ensure clear accountabilities can be assigned
Project Sponsor - CORRECT ANSWER✔✔is an important senior management role. The sponsor is
accountable for ensuring that the work is governed effectively and delivers the objectives that
meet the identify needs.
The Project Management Plan - CORRECT ANSWER✔✔A document used to coordinate all
project planning documents, it is the reference document for managing the project. It is an
output of the definition phase
2
SUCCESS!
,Page 3 of 106
Scope Management - CORRECT ANSWER✔✔A process whereby outputs, outcomes and benefits
of the project are identified, defined and controlled.
Requirements management GAJB
Scope development PBS-WBS
Configuration management PICSAVA
Change Control RRADI 0
Scheduling - CORRECT ANSWER✔✔The process used to determine the overall project duration
and when activities and events are planned to happen.
Schedule Management: ICECAP
Resource Management - CORRECT ANSWER✔✔The acquisition and deployment of the internal
resources required to deliver the project
Project Risk Management - CORRECT ANSWER✔✔Is a process that allows individual risk events
and overall project risk to be understood and managed proactively, optimising success by
minimising threats and maximising opportunities
3
SUCCESS!
, Page 4 of 106
Project Quality Management - CORRECT ANSWER✔✔Is a discipline for ensuring the outputs,
benefits and the processes by which they are delivered, meet stakeholder requirements and are
fit for purpose.
PACCIFY
Change Control - CORRECT ANSWER✔✔Is the process through which all requests to change the
baseline scope of a project are captured, evaluated and then approved, rejected or differed
Issue - CORRECT ANSWER✔✔Occurs when the tolerance of delegated work are predicted to be
exceeded or have been exceeded. This triggers and escalation of the issue from one level of
management to the next in order to seek a solution
Configuration Management - CORRECT ANSWER✔✔Comprises the administrative activities
concerned with the creation, maintenance, controlled change and quality control of the scope
of work.
PICSAVA
Information Management - CORRECT ANSWER✔✔Is the collection, storage, dissemination,
archiving and destruction of information. It enables teams and stakeholders to use their time,
resource and expertise effectively to make decisions and to fulfil their roles
4
SUCCESS!
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ressy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.