GAQM apm-001 practice test

Associate in Project Management Exam


Question 1

The probability and impact matrix is primarily used to:
A. Quantify risk issues for trends during a quality audit.
B. Develop a risk register for risk planning.
C. Evaluate each risks importance and priority during Perform Qualitative Risk Analysis.
D. Define risk and compare impacts during Perform Quantitative Risk Analysis.

Answer:

C
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Question 2

Which of the following is an output of Close Procurements?

  • A. Accepted deliverables
  • B. Organizational process assets updates
  • C. Managing stakeholder expectations
  • D. Performance reports
Answer:

B

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Question 3

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Which of the following is a statistical concept that calculates the average outcome when the future
includes scenarios that may or may not happen?
A. Sensitivity analysis
B. Three-point estimate
C. Modeling and simulation
D. Expected monetary value analysis

Answer:

D
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Question 4

Which of the following is a tool and technique used to monitor risk?

  • A. Technical performance measurement
  • B. Cost performance baseline
  • C. Benchmarking
  • D. Cost of quality
Answer:

A

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Question 5

A project manager has created an issue log to document issues communicated by project team
members during weekly team meetings. This is an input of:

  • A. Manage Stakeholder Expectations.
  • B. Monitor and Control Risks.
  • C. Plan Risk Management.
  • D. Report Performance.
Answer:

A

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Question 6

Which of the following can be used as an input for Define Scope?

  • A. Product analysis
  • B. Project charter
  • C. Scope baseline
  • D. Project scope statement
Answer:

B

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Question 7

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At which stage of team development do members begin to work together, adjust work habits, and
trust each other?

  • A. Forming
  • B. Storming
  • C. Norming
  • D. Performing
Answer:

C

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Question 8

The group technique that enhances brainstorming with a voting process used to rank the most useful
ideas for prioritization is called the:

  • A. majority rule technique.
  • B. nominal group technique.
  • C. Delphi technique,
  • D. idea/mind mapping technique.
Answer:

B

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Question 9

Which of the following is an estimating technique that uses the values of parameters from previous
similar projects for estimating the same parameter or measure for a current project?

  • A. Reserve analysis
  • B. Three-point estimating
  • C. Parametric estimating
  • D. Analogous estimating
Answer:

D

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Question 10

When cost variance is negative and schedule variance is positive, the project is:

  • A. under budget and behind schedule.
  • B. over budget and ahead of schedule.
  • C. on schedule.
  • D. complete; all planned values have been earned.
Answer:

B

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