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APM PMQ Exam revision Bok7 2023 Revised Questions and Answers

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APM PMQ Exam revision Bok7 2023 Revised Questions and Answers What are the five criteria for a successful project? - ️️ Time, cost, quality, risk & benefits Project Management - ️️ The application of processes, methods, knowledge, skills and experience to achieve the project objectives ...

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APM PMQ Exam revision Bo k7 2023 Revised Questions and Answers

What are the five criteria for a successful project? - ✔️✔️Time, cost, quality, risk &
benefits
Project Management - ✔️✔️The application of processes, methods, knowledge, skills and
experience to achieve the project objectives
Programme Management - ✔️✔️The coordinated management of projects and change
manage activities to achieve beneficial change
Benefits Management - ✔️✔️The identification, definition, planning, tracking and
realisation of business benefits
Project Context - ✔️✔️Refers to the environment within which the project is undertaken
Stakeholder Management - ✔️✔️The systematic identificat ion, analysis, planning and
implementation of actions designed to engage with stakeholders
Project Life Cycle - ✔️✔️The inter -related phases of a project, programme or portfolio, it
provides a structure for governing the progression of work
Project Reviews - ✔️✔️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 - ✔️✔️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
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Organisational Roles - ✔️✔️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 - ✔️✔️is an important senior management role. The sponsor is
accountable for ensuring that the work is gov erned effectively and delivers the
objectives that meet the identify needs.
The Project Management Plan - ✔️✔️A document used to coordinate all project planning
documents, it is the reference document for managing the project. It is an output of the
defini tion phase
Scope Management - ✔️✔️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
Schedul ing - ✔️✔️The process used to determine the overall project duration and when
activities and events are planned to happen.
Schedule Management: ICECAP
Resource Management - ✔️✔️The acquisition and deployment of the internal resources
required to deliver th e project
2 / 4

Project Risk Management - ✔️✔️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
Project Quality Management - ✔️✔️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 - ✔️✔️Is the process through which all requests to change the baseline
scope o f a project are captured, evaluated and then approved, rejected or differed
Issue - ✔️✔️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 t o the next in order to seek a solution
Configuration Management - ✔️✔️Comprises the administrative activities concerned with
the creation, maintenance, controlled change and quality control of the scope of work.
PICSAVA
Information Management - ✔️✔️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
Procurement - ✔️✔️Is the process by which prod ucts and services are acquired from an
external provider for incorporation into the project
Communication - ✔️✔️The means by which information or instructions are exchanged
Teamwork - ✔️✔️A group of people working together towards a common goal
3 / 4

Leadership - ✔️✔️The ability to establish vision and direction, to influence and align
others towards a common purpose and to empower and inspire people to achieve
project success
Handover and Closure - ✔️✔️During this phase, deliverables are handed over to the
sponsor and users. Closure is the process of finalising all project matters, carrying out
final project reviews, archiving project information and redeploying the project tea m
Project variables/constraints - ✔️✔️Time
Cost
Quality
Risk
Benefit
Scope
Benefits of project management - ✔️✔️Improved project communication
Effective resource management
Better delivery of results
Facilitates risk -taking
Lessons learned
Improved governa nce
Challenges of project management - ✔️✔️Bureaucracy
Limits creativity
Threatens existing organisation structure
Complex interrelationships
Project management capability Powered by TCPDF (www.tcpdf.org)
4 / 4

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