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APM Project Management Qualification (PMQ) Exam Sample Questions (Q17-Q22):

NEW QUESTION # 17
You are in the design phase of a project to deliver offices on a newly acquired plot of land. You have now completed extra surveys and discovered that the ground conditions are a lot softer than expected, meaning the design and delivery will be far more complex and costly. You did not account for this in your risk register.
Which of the following statements about the project business case is true?

A. The project sponsor did not properly evaluate all available options in the business case.
B. There is a strong strategic case for the project to continue, even if it is late or over budget.
C. The business case contained assumptions which should be reviewed against the cost-benefit analysis.
D. The business case has already been signed off, so the project should continue as planned.

Answer: C

Explanation:
Detailed Explanation:

NEW QUESTION # 18
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. Transfer the risk to the supplier.
D. Use the contingency budget to cover the purchase of additional storage.

Answer: D

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 # 19
You are the project manager of a project that's currently in the definition phase. After your first meeting, the project sponsor has asked to see the integrated project management plan.
In this scenario, which of the following best describes the importance of an integrated project management plan?

A. It helps set expectations between the project manager and project sponsor.
B. It ensures the project's testing strategy will meet the expected level of quality.
C. It helps new team members understand the project during their onboarding.
D. It provides a baseline to measure the project's success before the project is closed.

Answer: A

Explanation:
Detailed Explanation:

NEW QUESTION # 20
You are managing a large UK-based team to design and build a multi-billion dollar railway in the Middle East. You have completed a stakeholder analysis and identified a diverse range of stakeholders, each with differing levels of power and interest in the project.
Describe the engagement approach you would take with both of these stakeholder groups and why you would take that approach.

Answer:

Explanation:
See the Explanation for both solutions in detail:
Explanation:
* International Banking Group:Inform and consult regularly to build confidence and align interests.
* Local Government Department:Actively engage and ensure compliance with regulations to avoid permit-related delays.
Detailed Explanation:
* Engagement for International Banking Group:As financial backers, keeping them informed ensures alignment with long-term funding goals.
* Engagement for Government Department:Their regulatory authority can impact project timelines; active collaboration avoids unnecessary delays.
Communication Barriers and Mitigations:
* Cultural Differences:Sensitivity training and local liaisons.
* Language Barriers:Professional interpreters and translated materials.
* Time Zone Differences:Schedule meetings at convenient times and use asynchronous updates.

NEW QUESTION # 21
What are two benefits of governance in risk and issue management?

Answer:

Explanation:
See the Explanation solutions in detail:
Explanation:
Detailed Explanation:
* Improved Decision-Making:
* Governance ensures a structured approach to identifying, assessing, and mitigating risks and issues.
* With standardized frameworks and processes in place, decision-makers have reliable data to make informed and timely decisions.
* For example, using a centralized risk register ensures all risks are visible, allowing for prioritization based on impact and probability.
* Accountability and Oversight:
* Governance establishes clear roles and responsibilities for managing risks and issues.
* This fosters transparency and ensures that risks and issues are addressed by the appropriate individuals or teams within the project.
* It also enables effective monitoring and reporting, ensuring that all stakeholders are aware of potential threats and mitigation plans.

NEW QUESTION # 22
......

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APM-PMQ Reliable Braindumps, Exam APM-PMQ Demo

APM APM-PMQ Exam Questions - Best Study Tips And Information

APM Project Management Qualification (PMQ) Exam Sample Questions (Q17-Q22):

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