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APM PMQ LO2 - Project Lifecycles Exam Practice Questions and Answers $9.99
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APM PMQ LO2 - Project Lifecycles Exam Practice Questions and Answers
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APM PMQ LO2 - Project Lifecycles Exam Practice Questions and Answers What is a lifecycle? - ANSWERA 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...

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  • October 29, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




APM PMQ LO2 - Project Lifecycles Exam

Practice Questions and Answers


What is a lifecycle? - 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) - ANSWER✔✔• Linear -

Predictive


• Hybrid - In the middle


• Iterative - Adaptive


Define the Linear (waterfall cycle)? - 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? - ANSWER✔✔• Concept - starting up phase


• Definition - planning phase


• Deployment - Delivery/implementation phase



Page 1/15

, ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




• 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?) - 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) - 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



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