APM APM-PFQ Exam (page: 5)
APM Project Fundamentals Qualification
Updated on: 25-Dec-2025

Viewing Page 5 of 53

The purpose of project progress reporting is to:

  1. ensure a simpler critical path.
  2. enable the tracking of project deliverables.
  3. ensure stakeholder acceptance of project deliverables.
  4. provide an increased total float.

Answer(s): B



Which of the following is the purpose of an estimating funnel?

  1. Keeping resource usage to a minimum to help reduce costs.
  2. Supporting the production of comparative estimates.
  3. Identifying where costs can be minimised when preparing a budget.
  4. Representing increasing levels of estimating accuracy achieved through the life cycle

Answer(s): D



One advantage of virtual communications is:

  1. that nonverbal signals can have an impact on discussions.
  2. it's easy to detect signs of conflict within the project team.
  3. access to a wider resource pool for the project.
  4. that the project team will always be co-located.

Answer(s): C



Which technique could be used by a project manager when resources are limited?

  1. Resource aggregation.
  2. Resource estimation.
  3. Resource levelling.
  4. Resource expansion

Answer(s): C



The main aim of quality management is to:

  1. prepare a high-quality management plan.
  2. ensure that deliverables meet appropriate standards.
  3. validate the use of consistent standards.
  4. determine whether to accept change requests.

Answer(s): B



Which of the following is a purpose of issue management?

  1. To stop issues occurring within the project.
  2. To address and resolve the issues that occur.
  3. To address and resolve uncertainty.
  4. To reschedule activities to reduce costs

Answer(s): B



Product breakdown structures illustrate the required scope of work by a hierarchical structure itemising the:

  1. components of each product.
  2. budget of each product.
  3. benefits of each product.
  4. risks of each product.

Answer(s): A



The definition of benefits management includes which key activities?

  1. Planning, analysis and integration of project benefits.
  2. Justification, validation and acceptance of project benefits.
  3. Identification, tracking and realisation of project benefits.
  4. Realisation, acceptance and integration of project benefits

Answer(s): C



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