GAQM APM-001 Actual Questions

Associate in Project Management (APM) Questions and Answers

Question 61

Which statement correctly describes the value of a business case?

Options:

It provides the necessary information to determine if a project is worth the required investment.

It provides for alternative dispute resolution procedures in event of contract default.

It offers one of several alternative scenarios which assist in performing qualitative risk analysis.

It is used to help a project manager understand the scope of commercial advantages.

Question 62

The process for performing variance analysis may vary, depending on:

Options:

scenario building, technology forecasting, and forecast by analogy.

working relationships among various stakeholders and team members.

application area, the standard used, and the industry,

work to be completed next.

Question 63

The project has a current cost performance index of 0.80. Assuming this performance wi continue, the new estimate at completion is $1000. What was the original budget at completion for the project?

Options:

$800

$1000

$1250

$1800

Question 64

The planned work contained in the lowest level of work breakdown structure (WBS) components is known as:

Options:

Work packages.

Accepted deliverables.

The WBS dictionary.

The scope baseline.

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Associate in Project Management (APM) Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce