Pass the APM Project Fundamentals Qualification APM-PFQ Questions and answers with ValidTests

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

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

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

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

Planning, analysis and integration of project benefits.

Justification, validation and acceptance of project benefits.

Identification, tracking and realisation of project benefits.

Realisation, acceptance and integration of project benefits

configuration control.

change management.

change control.

scope management.

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.

a clear stakeholder management plan.

respect, shared values and trust.

detailed project management processes.

important political alliances.

For team members to reflect on their performance during a phase.

For the project manager to take a break between phases.

It creates a decision point for continuing the project.

In order for the plan to be updated regularly.

2, 3 and 4

1 and 3

1, 2 and 3

2 and 3

ensure a simpler critical path.

enable the tracking of project deliverables.

ensure stakeholder acceptance of project deliverables.

provide an increased total float.

The point in the life cycle where the estimate is being carried out.

The overall budgeted value of the project being estimated.

Whether the project is likely to proceed or not.

The amount of acceptable estimating tolerance that exists.

The PMP acts as a contract between the Project Manager, the project team and the sponsor.

The PMP defines the baselines for the project upon which changes are considered.

The PMP, once defined, will remain unchanged throughout the project.

The PMP is used as a reference document for managing the project.