Free APM APM-PFQ Practice Exam with Questions & Answers | Set: 12

Plan the next project for the project team.

Make proposals for the operation of the project deliverables.

Improve future estimating accuracy.

Plan how to complete the objectives of the project.

Allow the project to have extra time to ensure that that there is enough capacity to realise benefits.

Allow upfront planning for any supplemental activities and incorporate additional considerations for benefits realisation.

Allow time for stakeholders to decide how they will use the output to best effect that will realise benefits.

Allow extra funding to be applied to the project to ensure that sufficient resources exist to maximise benefits realisation.

Deadline and duration.

Time and cost.

Scope and quality.

Budget and resources.

1, 2 and 3

1, 2 and 4

2, 3 and 4

1, 3 and 4

Deciding on the approach to project risk management.

Evaluating the risk in terms of severity and relative importance.

Deciding on how to respond to the risk and who should implement the response.

Deciding if the risk is a threat or opportunity.

It facilitates the review and monitoring of risks.

It facilitates the risk appetite.

It facilitates the recording of risk responses.

It facilitates the recording of risks.

overall project duration.

project cost.

the project management plan.

sub-contractor's responsibilities

facilitate formal go/no-go decision making during the project.

balance the costs of work in each phase of project development.

mirror the major deployments of resources throughout the project.

chunk work into time periods of similar durations.

To consider if the change is feasible to evaluate at this stage.

To establish who might be the best stakeholders to be involved in the change.

To ensure that the change request is considered as soon as possible.

To implement the necessary actions to ensure the change has a smooth implementation.

decision gate.

starting point.

end point.

outline schedule.