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APM PMQ LO2 Question and answers rated A+ 2024/2025

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APM PMQ LO2 Question and answers rated A+ 2024/2025 APM PMQ LO2 - Project Lifecycles What is a lifecycle? - correct answer A framework comprising a series of distinct high-level phases and stages required to transform an idea or concept into reality in an orderly and efficient manner Name...

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  • October 3, 2024
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  • 2024/2025
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  • apm pmq lo2 question and answers rated a 2024202

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APM PMQ LO2 - Project Lifecycles
What is a lifecycle? - correct answer ✔A framework comprising a series of
distinct high-level phases and stages required to transform an idea or concept
into reality in an orderly and efficient manner


Name and 3 lifecycles and state how predictive vs adaptive they are? (short) -
correct answer ✔• Linear - Predictive
• Hybrid - In the middle
• Iterative - Adaptive


Define the Linear (waterfall cycle)? - correct answer ✔One that aims to
complete a project within a single pass through a set of distinct phases that
are completed serially and span from he development of the initial concept to
the deployment of an ultimate output, outcome or benefits.


Lay out the Linear (waterfall) cycle phases? - correct answer ✔• Concept -
starting up phase
• Definition - planning phase
• Deployment - Delivery/implementation phase
• Transition - Handover from the temporary project to BAU
• Benefits realisation - Project is over, product is being used for the intended
purpose


Why would we break projects down under the linear (waterfall approach?) -
correct answer ✔• Provides a framework for budgeting, scheduling,
allocating resources and assigning them to team members/experts
• Supports governance through a series of control points/gates (go/no go
decision points) which ensure only viable projects continue and provides
opportunities for budget/timescale/stakeholder expectation revision

, • Provides a common structure for consistency across an organisation,
therefore easier to manage, train for, move between projects and share
lessons learned
• Makes project easier to compare/contrast for senior management with each
phase able to be treated as a mini project and for easy communication about
progress across the organisation


Differentiate between the project, extended project and product life cycle?
(high level) - correct answer ✔• The project lifecycle focuses on creating the
product and handing it over (output)
• The extended project lifecycle included the project lifecycle but also the time
over which the product is adopted and the benefits realised (outcome)
• The product lifecycle includes the project lifecycle, extended project lifecycle
and the termination of the product


What is the concept phase? (linear summary) - correct answer ✔• Takes an
idea through to the approval of an outline business case
• Asks shall we spend more to keeping planning this? Or are we about to do
the right thing?


What does the concept phase ensure? - correct answer ✔• Ensures that a
sponsor is appointed
• That a need is confirmed and investigated
• High level requirements are identified
• Project aligns with the portfolio/programme
• Options are identified and evaluated (including 'do nothing')
• High level benefits (benefits realisation plan), costs, risks are identified
• Stakeholders identified
• Plans for definition phase are produced
• Outline business case is developed and signed off

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