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APM-001 Exam Dumps : Associate in Project Management (APM)

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Associate in Project Management (APM) Questions and Answers

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Question 1

Which tool or technique of the Define Activities process allows for work to exist at various levels of detail depending on where it is in the project life cycle?

Options:

A.

Historical relationships

B.

Dependency determination

C.

Bottom-up estimating

D.

Rolling wave planning

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Question 2

The process improvement plan details the steps for analyzing processes to identify activities which enhance their:

Options:

A.

quality.

B.

value.

C.

technical performance.

D.

status.

Question 3

A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:

Options:

A.

Cost Plus Incentive Fee (CPIF).

B.

Fixed Price Incentive Fee (FPIF).

C.

Cost Plus Award Fee (CPAF).

D.

Fixed Price with Economic Price Adjustment (FP-EPA).

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