APM-PFQ Exam Questions - Real Practice Questions for Guaranteed Success

Question 1

What aspect is important to clarify when conducting scope definition?

AThe number of products contained in the PBS,

BThe boundaries and interfaces with adjacent projects.

CWho is going to perform the work.

DWhen the work is going to be performed.

Correct : B

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AThe number of products contained in the PBS,

BThe boundaries and interfaces with adjacent projects.

CWho is going to perform the work.

DWhen the work is going to be performed.

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Question 2

What is one of the main features of using analogous method of estimating?

AThe individual group members use a statistical relationship between historic data and other variables to calculate an estimate.

BThe task of producing the estimates will be delegated to those who are actually going to deliver the individual pieces of work or work packages.

CThe individual group members, who are tasked with providing the estimates, do this in isolation from each other.

DThe individual group members identify a previously delivered project of the same size. complexity and delivery method.

Correct : D

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AThe individual group members use a statistical relationship between historic data and other variables to calculate an estimate.

BThe task of producing the estimates will be delegated to those who are actually going to deliver the individual pieces of work or work packages.

CThe individual group members, who are tasked with providing the estimates, do this in isolation from each other.

DThe individual group members identify a previously delivered project of the same size. complexity and delivery method.

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Question 3

What is a likely benefit of re-estimating throughout the project life cycle?

AThe project will be much more economically viable.

BThe business case is justified to a greater degree.

COverall project duration is reduced.

DReduction in contingency reserves are achieved.

Correct : D

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AThe project will be much more economically viable.

BThe business case is justified to a greater degree.

COverall project duration is reduced.

DReduction in contingency reserves are achieved.

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Question 4

What estimating method is most commonly used in the definition phase Of the project life cycle?

AAnalogous.

BAnalytical

CParametric.

DStatistical

Correct : B

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AAnalogous.

BAnalytical

CParametric.

DStatistical

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Question 5

What factor creates the effect of the estimating funnel?

AProject team getting to know each other better.

Butilization of learning and experience.

CProject scope increasing in cost.

Duse of a linear life cycle

Correct : B

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AProject team getting to know each other better.

Butilization of learning and experience.

CProject scope increasing in cost.

Duse of a linear life cycle

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