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APM Project Management Qualification (PMQ) Exam Sample Questions (Q14-Q19):
NEW QUESTION # 14
You are the project manager on a construction project for a client in the defence sector. The client has strict regulatory requirements and expects a high level of control and governance throughout the project. Which life cycle would be most suitable?
- A. Incremental
- B. Hybrid
- C. Linear
- D. Iterative
Answer: C
Explanation:
Detailed Explanation:TheLinear(or Waterfall) lifecycle is the most suitable for projects that require high levels of governance, control, and strict adherence to regulatory requirements.
* Applicability:Linear project management focuses on predefined stages (e.g., requirements, design, implementation) that align with regulatory needs.
* Advantages:It allows detailed documentation, structured review processes, and adherence to pre- approved plans, ensuring compliance with defence sector standards.
* Alternative Options:Iterative and incremental approaches are less appropriate due to the less structured nature of deliverable evolution in these methods.
NEW QUESTION # 15
You are managing a project to transform your organization's ways of working. You are currently in the definition phase, working with team members and stakeholders to establish the project's scope. Because the project impacts the entire organization, it is highly visible. As such, there are many highly invested stakeholders to manage, and the project's budget is under tight scrutiny.
Identify two techniques that can be used to gather requirements from stakeholders with limited time:
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
Workshops and Focus Groups
Detailed Explanation:
* Workshops:Allows gathering insights efficiently from multiple stakeholders at once.
* Focus Groups:Helps gain deep insights from key stakeholders in a time-constrained setting.
Impacts of Failing to Gather Stakeholder Requirements:
* Project Budget:Scope creep can lead to unplanned costs, exceeding the budget.
* Project Success:Deliverables may fail to meet stakeholder needs, leading to dissatisfaction.
NEW QUESTION # 16
You are the project manager of a promotional campaign project that's currently in the development phase.
The project sponsor is concerned about the project's financial performance and has asked you to send them an update report.
Which of the three following reports could be used to highlight the project's current financial position?
* Business case.
* Cash flow.
* Benefits forecast.
* Actual costs versus forecasted costs.
* Investment appraisal.
* Earned value analysis.
- A. 2, 4, and 6.
- B. 1, 5, and 6.
- C. 2, 3, and 4.
- D. 3, 4, and 5.
Answer: A
Explanation:
The correct reports to highlight the project's current financial position are:
* Cash Flow (2):
* Tracks the inflow and outflow of funds during the project, providing a real-time snapshot of liquidity.
* This is critical for understanding whether the project is financially stable at any given point.
* Actual Costs vs. Forecasted Costs (4):
* Compares what has been spent so far to the planned or forecasted budget.
* Highlights any deviations from the expected financial performance, such as overspending or cost savings.
* Earned Value Analysis (6):
* Combines cost, schedule, and scope to measure project performance and progress.
* Provides insights into cost variances (difference between planned and actual costs) and schedule performance.
Why not the other options?
* Business Case (1):The business case focuses on the initial justification for the project, not real-time financial tracking.
* Benefits Forecast (3):Focuses on future benefits, not current financial performance.
* Investment Appraisal (5):Evaluates long-term financial viability, not ongoing financial performance.
NEW QUESTION # 17
Quality control activities help to prevent problems being passed on to customers. State two quality control checks that may be carried out during a project:
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Testing deliverables against specifications.
* Conducting milestone inspections to identify defects.
Detailed Explanation:
* Testing Deliverables:Ensures alignment with client expectations and standards.
* Inspections:Prevents issues from escalating by catching them early in the lifecycle.
NEW QUESTION # 18
You start mentoring a junior team member who is new to the project profession. In the first month of mentoring them, you notice their attitude towards stakeholders is poor.
State two impacts this lack of professionalism and knowledge could have on the project's performance.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Stakeholder disengagement.
* Decreased team morale.
Detailed Explanation:
* Poor stakeholder management leads to reduced buy-in and lack of valuable input, which can derail project objectives.
NEW QUESTION # 19
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