APM PMQ EXAM PACKAGE DEAL

(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 lea...

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...

What are the five principles of project management professionalism? - Answer *Breadth* - The APM Body of Knowledge (BoK) defines the knowledge needed to manage any kind of project *Depth* - The APM Competence framework shows the combined knowledge, skill and behaviour that a person needs to perform...

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 p...

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 p...

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 projec...

1.1 differentiate between types of permanent and temporary organisation structures (including functional, matrix, and project). - Answer Functional - ideal for small, internal projects that are close to BAU activities Matrix - dedicated PMs combination of functions and projects 1.2 explain ...

MoSCoW - Answer Must have Should have Could have Won't have PESTLE - Answer Political Economic Social Technical Legal Environmental Sources of Conflict - Answer Admin procedures Costs Personalities Priorities

Life Cycle (G) - Answer -Concept -Definition -Development -Handover and closure -Benefits realisation Reviews (G) - Answer -Stage gate -Project evaluation -Audit -Peer -Post-project -Benefits GoPM (G) - Answer -Defined roles -Viable business case -Independent scrutiny -Stakehol...

Project targets - Answer Time Cost Quality Risk Benefit Scope +Safety 3.1 Project management vs BAU - Answer Projects: unique, transient, change. Time, cost quality. BAU: Repetitive process, ongoing. Projects: products and outputs BAU: Outcomes and benefits Projects: Specialist ski...

6.1 explain the importance of a business case throughout the project life cycle - Answer Justification for undertaking a project Evaluates benefits, cost, risk preferred option and alternative options. Owned by the sponsor who makes sure it remains viable. Concept - Written Definition - Used...

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 *...

What is a fixed cost? - Answer A cost that remains the same over a given period of time irrespective of output/production changes e.g. rent, rates, step fixed costs. What is a variable cost? - Answer Refers to a constant amount per unit of output/production e.g. changes in proportion to the volum...

what is estimating - Answer uses different methods to produce a prediction of the time and resources required to complete the scope of the work to the defined quality requirements. when do estimates become more accurate - Answer Throughout the project, it is required for the PM to produce estimat...