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APM-PFQ Exam Dumps - APM Project Fundamentals Qualification (PFQ)

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Question # 9

Which of the following can be adjusted in a timebox situation?

A.

Deadline and duration.

B.

Time and cost.

C.

Scope and quality.

D.

Budget and resources.

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Question # 10

Which one of the following statements best defines an estimate?

A.

An approximation of project time and cost targets, refined throughout the project life cycle.

B.

A prediction of a future condition or event based on information or knowledge available now.

C.

The value of useful work done at any given point in a project to give a measure of progress.

D.

A situation that affects or influences the outcome of the project expressed in time or cost term

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Question # 11

The main aim of a project risk management process should be to:

A.

identify project risks and then manage them appropriately.

B.

identify all project risks and transfer them immediately.

C.

identify all the things that are threats or opportunities on a project.

D.

satisfy the organisation's project management process.

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Question # 12

Which of the following are phases in an iterative project life cycle? 1) Concept 2) Feasibility 3) Deployment 4) Development

A.

3 and 4 only

B.

1, 2 and 3

C.

1 and 2 only

D.

2, 3 and 4

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Question # 13

Which of the following would be considered as the main purpose of a project management plan?

A.

To provide a documented account of the outcomes of the planning process.

B.

To enable agreement between the project sponsor and project manager with regard to project budget, resource requirements and timescale.

C.

To provide A. record of how the project was planned, for archiving in the organisation's lessons learned.

D.

To identify and record the projects intended financial spend over the period of project delivery.

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Question # 14

Which statement best describes a responsibility of the project manager:

A.

to be the sole source of expertise for estimating techniques on cost and time.

B.

to deliver the project objectives to enable benefits to be realised.

C.

to take ultimate accountability for the delivery of the business benefits.

D.

to delegate all accountability for managing time, cost and quality to team leaders

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Question # 15

The concept that describes how estimating accuracy changes through the project life cycle is termed:

A.

estimating risk.

B.

estimating funnel.

C.

normal values.

D.

parametric estimating.

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Question # 16

Which of these statements is FALSE?

A.

Stakeholders may be for the change or against

B.

Stakeholders may have little influence or lots

C.

Stakeholders may be internal or external to your organisation

D.

Stakeholders with high influence always have high interest in the project

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