Pass the GAQM APM APM-001 Questions and answers with CertsForce

Viewing page 14 out of 15 pages
Viewing questions 196-210 out of questions
Questions # 196:

Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?

Options:

A.

Fixed Price with Economic Price Adjustments Contract (FP-EPA)


B.

Cost-Reimbursable Contract (CR)


C.

Firm-Fixed -Price Contract (FFP)


D.

Fixed-Price-Incentive-Fee Contract (FPIF)


Expert Solution
Questions # 197:

A measure of cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal and is expressed as the ratio of the cost needed for finishing the outstanding work to the remaining budget is known as the:

Options:

A.

budget at completion (BAC)


B.

earned value management (EVM)


C.

to-complete performance index


D.

cost performance index


Expert Solution
Questions # 198:

What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?

Options:

A.

Organizational process assets


B.

Enterprise environmental factors


C.

Project management processes


D.

Project scope management plan


Expert Solution
Questions # 199:

Conflict should be best addressed in which manner?

Options:

A.

Early, in private, using a direct, collaborative approach


B.

Early, in public, using an indirect, collaborative approach


C.

Early, in private, using an indirect, cooperative approach


D.

As late as possible, in public, using a direct, confrontational approach


Expert Solution
Questions # 200:

Which is one of the major outputs of Sequence Activities?

Options:

A.

Responsibility assignment matrix (RAM)


B.

Work breakdown structure (WBS) update


C.

Project schedule network diagram


D.

Mandatory dependencies list


Expert Solution
Questions # 201:

Which Knowledge Area is concerned with the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information?

Options:

A.

Project Integration Management


B.

Project Communications Management


C.

Project Information Management System (PIMS)


D.

Project Scope Management


Expert Solution
Questions # 202:

Sharing good practices introduced or implemented in similar projects in the organization and/or industry is an example of:

Options:

A.

quality audits


B.

process analysis


C.

statistical sampling


D.

benchmarking


Expert Solution
Questions # 203:

While implementing an approved change, a critical defect was introduced. Removing the defect will delay the product delivery. What is the MOST appropriate approach to managing this situation?

Options:

A.

Utilize the change control process.


B.

Crash the schedule to fix the defect.


C.

Leave the defect in and work around it.


D.

Fast-track the remaining development.


Expert Solution
Questions # 204:

The scope of a project cannot be defined without some basic understanding of how to create the specified:

Options:

A.

objectives


B.

schedule


C.

product


D.

approach


Expert Solution
Questions # 205:

Which of the following is a narrative description of products, services, or results to be delivered by a project?

Options:

A.

Project statement of work


B.

Business case


C.

Accepted deliverable


D.

Work performance information


Expert Solution
Questions # 206:

Which type of estimating can produce higher levels of accuracy, depending upon the sophistication and underlying data built into the model?

Options:

A.

Bottom-up


B.

Three-point


C.

Parametric


D.

Analogous


Expert Solution
Questions # 207:

Which type of analysis is used to examine project results through time to determine if performance is improving or deteriorating?

Options:

A.

Control chart


B.

Earned value


C.

Variance


D.

Trend


Expert Solution
Questions # 208:

Which of the following is contained within the communications management plan?

Options:

A.

An organizational chart


B.

Glossary of common terminology


C.

Organizational process assets


D.

Enterprise environmental factors


Expert Solution
Questions # 209:

Which tool and technique identifies inefficient and ineffective policies, processes, and procedures?

Options:

A.

Scope audits


B.

Scope reviews


C.

Quality audits


D.

Control chart


Expert Solution
Questions # 210:

Perform Quality Control is accomplished by:

Options:

A.

Identifying quality standards that are relevant to the project and determining how to satisfy them.


B.

Monitoring and recording the results of executing the quality activities to assess performance and recommend necessary changes.


C.

Ensuring that the entire project team has been adequately trained in quality assurance processes.


D.

Applying Monte Carlo, sampling, Pareto analysis, and benchmarking techniques to ensure conformance to quality standards.


Expert Solution
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