Name: APM Project Fundamentals Qualification
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SKU: APM-PFQ
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Free APM APM-PFQ Exam Actual Questions

The questions for APM-PFQ were last updated On Jul 1, 2024

Question No. 1

What is one of the main features of using analogous method of estimating?

AThe individual group members use a statistical relationship between historic data and other variables to calculate an estimate.

BThe task of producing the estimates will be delegated to those who are actually going to deliver the individual pieces of work or work packages.

CThe individual group members, who are tasked with providing the estimates, do this in isolation from each other.

DThe individual group members identify a previously delivered project of the same size. complexity and delivery method.

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Correct Answer: D

Question No. 2

What is a likely benefit of re-estimating throughout the project life cycle?

AThe project will be much more economically viable.

BThe business case is justified to a greater degree.

COverall project duration is reduced.

DReduction in contingency reserves are achieved.

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Correct Answer: D

Question No. 3

What estimating method is most commonly used in the definition phase Of the project life cycle?

AAnalogous.

BAnalytical

CParametric.

DStatistical

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Correct Answer: B

Question No. 4

When in the project life cycle might analogous estimating be most commonly used?

ATransition.

BConcept

CDeployment.

DDefinition.

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Correct Answer: B

Question No. 5

What factor creates the effect of the estimating funnel?

AProject team getting to know each other better.

Butilization of learning and experience.

CProject scope increasing in cost.

Duse of a linear life cycle

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Correct Answer: B