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Question 68

Which statement is true about the project management body of knowledge?

Options:

A.

Recognized by every project manager

B.

Constantly evolving

C.

The sum of all knowledge related to project management

D.

A sum of knowledge that should be applied on every project

Question 69

What are the identified risks for doing excessive decomposition in a WBS?

Options:

A.

Insufficient project funding and disqualification of sellers

B.

Insufficient project funding and ineffective use of resources

C.

Disqualification of sellers and non-productive management efforts

D.

Non-productive management effort and inefficient use of resources

Question 70

Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?

Options:

A.

Cost Plus Award Fee Contract (CPAF)

B.

Firm-Fixed -Price Contract (FFP)

C.

Time and Material Contract (T&M)

D.

Cost Plus Incentive Fee Contract (CPIF)

Question 71

Which of the following is a group decision-making technique?

Options:

A.

Brainstorming

B.

Focus groups

C.

Affinity diagram

D.

Plurality

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Exam Code: APM-001
Exam Name: Associate in Project Management (APM)
Last Update: Nov 23, 2024
Questions: 0
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