APM-001 Exam Dumps - Associate in Project Management (APM)

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Question # 17

An input to the Create WBS process is a:

project charter.

stakeholder register.

project scope statement.

requirements traceability matrix.

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Question # 18

What is the term assigned to products or services having the same functional use but different technical characteristics?

Scope

Quality

Specification

Grade

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Question # 19

The process for performing variance analysis may vary, depending on:

scenario building, technology forecasting, and forecast by analogy.

working relationships among various stakeholders and team members.

application area, the standard used, and the industry,

work to be completed next.

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Question # 20

Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?

Fixed Price with Economic Price Adjustments Contract (FP-EPA)

Cost-Reimbursable Contract (CR)

Firm-Fixed -Price Contract (FFP)

Fixed-Price-Incentive-Fee Contract (FPIF)

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Question # 21

A large portion of a projects budget is typically expended on the processes in which Process Group?

Executing

Planning

Monitoring and Controlling

Closing

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