100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
APM Fundamentals Qualification Question and answers already passed 2024/2025 $13.49   Add to cart

Exam (elaborations)

APM Fundamentals Qualification Question and answers already passed 2024/2025

 0 view  0 purchase
  • Course
  • APM
  • Institution
  • APM

APM Fundamentals Qualification Question and answers already passed 2024/2025 APM Fundamentals Qualification Acceptance criteria - correct answer The requirements and essential conditions that have to be achieved before a deliverable is accepted. Activity - correct answer (1) A task, job,...

[Show more]

Preview 3 out of 18  pages

  • October 3, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • APM
  • APM
avatar-seller
Academia199
APM Fundamentals Qualification
Acceptance criteria - correct answer ✔The requirements and essential
conditions that have to be achieved before a deliverable is accepted.


Activity - correct answer ✔(1) A task, job, operation or process consuming
time and possibly other resources.
(2) The smallest self-contained unit of work in a project.


Adoption - correct answer ✔The optional additional phase in a linear life
cycle that facilitates the use of project outputs to enable the acceptance and
use of benefits.


Agile - correct answer ✔A family of development methodologies where
requirements and solutions are developed iteratively and incrementally
throughout the life cycle.


Analogous estimating - correct answer ✔An estimating technique based on
the comparison with, and factoring from, the cost of similar, previous work.
Also known as comparative estimating.


Analytical estimating - correct answer ✔An estimating technique that uses
detailed specifications to estimate time and cost for each product or activity.
Also known as bottom-up estimating.


Assurance - correct answer ✔The process of providing confidence to
stakeholders that projects, programmes and portfolios will achieve their
objectives for beneficial change.

,Baseline - correct answer ✔The reference levels against which a project,
programme or portfolio is monitored and controlled.


Benefit - correct answer ✔A positive and measurable impact of change.


Benefits management - correct answer ✔The identification, definition,
planning, tracking and realisation of benefits.


Benefits realisation - correct answer ✔The practice of ensuring that benefits
are derived from outputs and outcomes.


Bottom-up estimating - correct answer ✔An estimating technique that uses
detailed specifications to estimate time and cost for each product or activity.
Also known as analytical estimating.


Breakdown structure - correct answer ✔A hierarchical structure by which
project elements are decomposed. Examples include: cost breakdown
structure (CBS), organisational breakdown structure (OBS), product
breakdown structure (PBS), and work breakdown structure (WBS).


Buffer - correct answer ✔A term used in critical chain for the centralised
management of schedule contingencies.


Business-as-usual - correct answer ✔An organisation's normal day-to-day
operations. Also referred to as steady-state.


Business case - correct answer ✔Provides justification for undertaking a
project, programme or portfolio. It evaluates the benefit, cost and risk of
alternative options and provides a rationale for the preferred solution.

, Change control - correct answer ✔The process through which all requests to
change the approved baseline of a project, programme or portfolio are
captured, evaluated and then approved, rejected or deferred.


Change freeze - correct answer ✔A point after which no further changes to
scope will be considered.


Change management - correct answer ✔The overarching approach taken in
an organisation to move from the current to a future desirable state using a
coordinated and structured approach in collaboration with stakeholders.


Change register (or log) - correct answer ✔A record of all proposed changes
to scope.


Change request - correct answer ✔A request to obtain formal approval for
changes to the approved baseline


Closure - correct answer ✔The formal end point of a project, programme or
portfolio; either because planned work has been completed or because it has
been terminated early.


Communication - correct answer ✔The process of exchanging information
and confirming there is shared understanding.


Communities of practice - correct answer ✔are a type of learning network
used within and between organisations to maintain, develop and share
knowledge.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79789 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart