APM-PFQ EXAM PREPARATION

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Question #1 (Topic: demo questions)

When are benefits usually realised when using an iterative life cycle?

During the project

Post project

At project closure

Both during and after the project

Correct Answer: D

Question #2 (Topic: demo questions)

Risk management should be initiated.

when the Project Management Plan is initiated.

at the time the Work Breakdown Structure is developed.

at the start of the project.

once the project concept is understood.

Correct Answer: C

Question #3 (Topic: demo questions)

Which of these is a correct definition of an Estimate?

The use of a range of tools and techniques to produce forecasts of the probable time or cost of completing work

An educated guess that improves over time

A forecast of the probable time or cost of completing work

An estimate is an approximation of project time and cost targets that forms the basis of the contract

Correct Answer: B

Question #4 (Topic: demo questions)

In developing a network the first task after listing the activities is to.

Define activity durations

Determine float

Determine the interdependencies of activities

Harmonise the activity to a calendar

Correct Answer: C

Question #5 (Topic: demo questions)

In which phase of the project should the Procurement Strategy be written?

Concept

Definition

Deployment

Transition

Correct Answer: B

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