APM APM-PFQ Exam (page: 10)
APM Project Fundamentals Qualification
Updated on: 25-Dec-2025

Viewing Page 10 of 53

Establishing success criteria is important at the start of the project, as they:

  1. indicate how the stakeholder needs will be met.
  2. ensure adequate resource allocation.
  3. indicate what is important in supplier selection.
  4. ensure comprehensive risk analysis.

Answer(s): A



One purpose of risk management is to:

  1. adapt the plan to resolve problems.
  2. minimise threats and maximise opportunities.
  3. continually improve the project teams' efficiency.
  4. manage variations in a controlled way

Answer(s): A



Which of the following is an activity in a typical risk management process?

  1. Verification.
  2. Request.
  3. Closure.
  4. Justification

Answer(s): C



When an item goes through change control, which of the following must happen as part of a robust configuration management process?

  1. Costs associated with the change are evaluated and documented.
  2. Risks associated with the change are monitored to avoid delays to the project.
  3. The item is approved or declined in line with stakeholder expectations.
  4. Documents are updated to include any approved changes.

Answer(s): D



The purpose of a risk register is to provide a:

  1. structured process for risk identification.
  2. record of the ownership of risk and issue management actions.
  3. means of assessing the likelihood and impact of all of the risks.
  4. record of risks, their impact and the actions taken to manage them.

Answer(s): D



Which of the following is a part of change control?

  1. Requests for change are realised.
  2. Requests for change are mitigated.
  3. Requests for change are evaluated.
  4. Requests for change are resolved.

Answer(s): C



The primary purpose of a milestone in a project is to show:

  1. significant events.
  2. resource constraints.
  3. task dependencies.
  4. critical path highlights.

Answer(s): A



Which of the following can be adjusted during a time box? 1) Scope 2) Resource 3) Time 4) Quality

  1. 1 and 2 only
  2. 1 and 4 only
  3. 3 and 4 only
  4. 2 and 4 only

Answer(s): B



Viewing Page 10 of 53



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