Apm pmq exam stuvia - Study guides, Class notes & Summaries

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(1) Functional Organisation Structure - Answer - Functional teams - Primarily BAU/Deparmental Projects - Common for orgs providing std products (e.g. manuf.) (1) Functional Organisation Structure Advantages - Answer - Staff gain technical expertise - Good functional problem solving - Peer learning straight forward - Job Security - Clear career progression (1) Functional Organisation Structure Disadvantages - Answer - Corporate projects become difficult due to "Siloed" nature - Fun...

APM PMQ Exam Questions and Answers 100% AccurateAPM PMQ Exam Questions and Answers 100% AccurateAPM PMQ Exam Questions and Answers 100% AccurateAPM PMQ Exam Questions and Answers 100% AccurateAPM PMQ Exam Questions and Answers 100% Accurate Project variables/constraints - ANSWER-Time Cost Quality Risk Benefit Scope Benefits of project management - ANSWER-Improved project communication Effective resource management Better delivery of results Facilitates risk-taking Lessons learned I...

What are the five criteria for a successful project? - Answer Time, cost, quality, risk & benefits Project Management - Answer The application of processes, methods, knowledge, skills and experience to achieve the project objectives Programme Management - Answer The coordinated management of projects and change manage activities to achieve beneficial change Benefits Management - Answer The identification, definition, planning, tracking and realisation of business benefits Project Con...

Project variables/constraints - Answer Time Cost Quality Risk Benefit Scope Benefits of project management - Answer Improved project communication Effective resource management Better delivery of results Facilitates risk-taking Lessons learned Improved governance Challenges of project management - Answer Bureaucracy Limits creativity Threatens existing organisation structure Complex interrelationships Project management capability Project management methods - Answer Docume...

Configuration Management process - Status accounting - Answer knowing the status of items, proposed changes and the implementation status of approved changes (Archived records) Risk in a Business case - Answer the major risks and their impact on the business case. What a business case includes? (BOBCART) - Answer Background, Options, Benefits, Commercial Aspects, Risks, Timescales PRAM process - Answer Initiate Identify Assess Plan responses Implement responses Risk management -...

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What should a business case include? - Answer B - Background O - Options B- Benefits CA - Commercial Aspects R - Risks T - Timescales What are the 5 aspects of the PRAM? - Answer Initiate Identify Assess Plan responses Implement responses What are the 5 phases in the extended project life cycle? - Answer Concept Definition Development Handover and Closure Operations Who are potential stakeholders within a project? - Answer Project Sponsor Project Team Users Suppliers...

Define an issue - Answer A formal issue occurs when the tolerances of delegated work are predicted to be exceeded or have been exceeded. This triggers the escalation of the issue from one level of management to the next in order to seek a solution. What is the issue management process? - Answer *IEMR* *Identify:* Identify right issues, discriminate from minor concerns, put in issue log. *Escalate:* PM escalates to owner, owner accountable. *Monitor:* Ongoing monitoring to ensure resoluti...

What are the five criteria for a successful project? - ANSWER-Time, cost, quality, risk & benefits Project Management - ANSWER-The application of processes, methods, knowledge, skills and experience to achieve the project objectives Programme Management - ANSWER-The coordinated management of projects and change manage activities to achieve beneficial change Benefits Management - ANSWER-The identification, definition, planning, tracking and realisation of business benefits Project Con...