APM-PMQ Test Quiz & APM-PMQ Actual Test & APM-PMQ Test Torrent
APM-PMQ Test Quiz & APM-PMQ Actual Test & APM-PMQ Test Torrent
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Tags: Online APM-PMQ Tests, Exam APM-PMQ Passing Score, APM-PMQ Valid Examcollection, Reliable APM-PMQ Exam Materials, APM-PMQ Exam Objectives Pdf
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Online APM-PMQ Tests - APM Exam APM-PMQ Passing Score: APM Project Management Qualification (PMQ) Exam Pass Certainly
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APM APM-PMQ Exam Syllabus Topics:
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APM Project Management Qualification (PMQ) Exam Sample Questions (Q13-Q18):
NEW QUESTION # 13
You are a project manager taking over a project that's in the definition phase. The project sponsor asks you to prepare for an upcoming budget review as they have concerns regarding the lack of cost control shown by the project to date.
Which of the following actions would best improve the project sponsor's confidence in how you will control costs?
- A. Create a financial appraisal.
- B. Create a work breakdown structure.
- C. Create a cost breakdown structure.
- D. Create an earned value report.
Answer: C
Explanation:
Detailed Explanation:
* Cost Breakdown Structure:Provides transparency into how the budget is allocated across tasks, improving confidence in cost control.
* Why Other Options Are Incorrect:
* A: Focuses on task definitions, not cost control.
* C: Earned value assesses past performance but doesn't address current concerns.
* D: Financial appraisal doesn't provide actionable insights for cost management.
NEW QUESTION # 14
You are leading a large-scale information technology project to migrate your company's data to the latest hardware. The delivery is being led by third-party suppliers, who were not involved in the design phase. The supplier has completed their capacity planning and has raised a potential risk that the current data may exceed the storage capacity of the new hardware purchased.
What type of risk response would you choose to mitigate this risk?
- A. Tolerate the risk as there may be sufficient storage capacity.
- B. Re-forecast the budget to include the likely additional cost.
- C. Use the contingency budget to cover the purchase of additional storage.
- D. Transfer the risk to the supplier.
Answer: C
Explanation:
Detailed Explanation:The best approach is to use the contingency budget because:
* Defined Risk Response:Contingency budgets are designed to handle identified risks without impacting the project's main budget.
* Stakeholder Agreement:It avoids escalating disputes with suppliers by addressing the issue proactively.
* Unsuitable Options:
* A: Tolerating the risk is impractical when the risk is confirmed.
* B: Re-forecasting creates unnecessary delays and increases costs.
* D: Transferring risk to the supplier could damage partnerships.
NEW QUESTION # 15
You are overseeing a construction project for a new retail center. Midway through the project, the design team proposes a significant change to the building's layout, which they argue will improve overall functionality and therefore present better value for money. However, this change would require demolishing and rebuilding a section of the structure.
Given the proposed changes, outline five actions you would take to evaluate the change request to provide an appropriate recommendation.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Conduct a cost-benefit analysis.
* Review the project scope and objectives.
* Assess risks associated with the change.
* Engage stakeholders for input and alignment.
* Develop a recommendation document.
Detailed Explanation:
NEW QUESTION # 16
You are managing a project that is approaching its final phase and is soon to be handed over to the operations team. One of the critical aspects of this transition is the effective engagement of stakeholders.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
Describe three key strategies you would use to engage stakeholders in agreeing to a transition plan (3 marks):
* Regular communication: Conduct consistent updates to build trust and clarify expectations.
* Collaborative workshops: Involve stakeholders in planning workshops to foster ownership.
* Tailored stakeholder engagement: Address individual needs with customized communication.
Explain two ways you would ensure the transfer of risks is understood and accepted by all stakeholders involved in the transition (2 marks):
* Documented risk register: Provide a clear and shared record of risks with mitigation strategies.
* Risk workshops: Conduct sessions to explain residual risks and their management post-transition.
Detailed Explanation:
NEW QUESTION # 17
You are tasked with writing a business case for a new internal software project within your organization. You are considering how your organizational practices and norms would affect the project, thinking through the roles, governance structure, life cycle choice, etc.
What is the most appropriate analysis technique that you would use to compare organizational practices and norms?
- A. SWOT
- B. None of the above
- C. PESTLE
- D. VUCA
Answer: A
Explanation:
Detailed Explanation:
* SWOT Analysis:Examines strengths, weaknesses, opportunities, and threats within the organization to align practices with project goals.
* Why Not PESTLE or VUCA:These focus on external environments, while this question pertains to internal organizational factors.
NEW QUESTION # 18
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