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APM Project Management Qualification (PMQ) Exam Sample Questions (Q24-Q29):

NEW QUESTION # 24
You are appointed as project manager on a major project that started several months earlier. The project has many diverse stakeholders, and you discover that a stakeholder communications planhas not been completed.
State two possible negative effects of not having an effective stakeholder communications plan for the project:

Answer:

Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Misaligned stakeholder expectations leading to conflicts or dissatisfaction.
* Delays in decision-making due to lack of timely and accurate communication.
Detailed Explanation:
* Misaligned Stakeholder Expectations:
* Without a clear communication plan, stakeholders may have unrealistic or conflicting expectations about the project's progress, outcomes, or deliverables.
* This can lead to dissatisfaction, loss of trust, and conflicts that derail project progress and require additional time to resolve.
* Delays in Decision-Making:
* A stakeholder communications plan ensures that stakeholders are informed of key decisions, updates, and progress in a timely manner.
* Without it, critical information may not reach the right stakeholders at the right time, causing delays in approvals, problem resolution, or adjustments to the project scope or timeline.
Additional Insights:
* Impact on Project Schedule:A lack of communication increases the likelihood of missed deadlines due to unclear priorities or delayed approvals.
* Impact on Resource Allocation:Stakeholders may not provide necessary resources or support without regular updates, leading to resource shortages or inefficiencies.
* Mitigation:Develop a stakeholder communication plan immediately, including stakeholder mapping, preferred communication channels, and key milestones for updates.

NEW QUESTION # 25
A financial services company is launching a new banking product for which the sponsors have set a challenging timeline for an initial launch. The stakeholders have provided a list of conflicting requirements to be included in the new product design and build.
The project manager has decided to deliver the project in an iterative life cycle due to the time constraints.

Answer:

Explanation:
See the Explanation for both solutions in detail:
Explanation:
Part A:State two reasons why an iterative approach would benefit solutions development in this scenario.
* Faster delivery of prioritized features.
* Flexibility to adapt to evolving stakeholder requirements.
Part B:Explain three requirement prioritization approaches the project team could focus on to meet the deadline in this scenario.
* MoSCoW Method:Categorizes requirements as "Must Have," "Should Have," "Could Have," and
"Won't Have," focusing on essential features.
* Cost-Benefit Analysis:Focuses on implementing high-value, low-cost features first.
* Value-Risk Matrix:Balances high-value requirements with low risk to ensure a feasible and impactful scope.
Detailed Explanation:

NEW QUESTION # 26
You are tasked with writing a business case for a new internal software project within your organization. You are considering how your organizational practices and norms would affect the project, thinking through the roles, governance structure, life cycle choice, etc.
What is the most appropriate analysis technique that you would use to compare organizational practices and norms?

A. None of the above
B. SWOT
C. PESTLE
D. VUCA

Answer: B

Explanation:
Detailed Explanation:
* SWOT Analysis:Examines strengths, weaknesses, opportunities, and threats within the organization to align practices with project goals.
* Why Not PESTLE or VUCA:These focus on external environments, while this question pertains to internal organizational factors.

NEW QUESTION # 27
You are the project manager on a construction project for a client in the defence sector. The client has strict regulatory requirements and expects a high level of control and governance throughout the project. Which life cycle would be most suitable?

A. Linear
B. Incremental
C. Hybrid
D. Iterative

Answer: A

Explanation:
Detailed Explanation:TheLinear(or Waterfall) lifecycle is the most suitable for projects that require high levels of governance, control, and strict adherence to regulatory requirements.
* Applicability:Linear project management focuses on predefined stages (e.g., requirements, design, implementation) that align with regulatory needs.
* Advantages:It allows detailed documentation, structured review processes, and adherence to pre- approved plans, ensuring compliance with defence sector standards.
* Alternative Options:Iterative and incremental approaches are less appropriate due to the less structured nature of deliverable evolution in these methods.

NEW QUESTION # 28
What are two benefits of governance in risk and issue management?

Answer:

Explanation:
See the Explanation solutions in detail:
Explanation:
Detailed Explanation:
* Improved Decision-Making:
* Governance ensures a structured approach to identifying, assessing, and mitigating risks and issues.
* With standardized frameworks and processes in place, decision-makers have reliable data to make informed and timely decisions.
* For example, using a centralized risk register ensures all risks are visible, allowing for prioritization based on impact and probability.
* Accountability and Oversight:
* Governance establishes clear roles and responsibilities for managing risks and issues.
* This fosters transparency and ensures that risks and issues are addressed by the appropriate individuals or teams within the project.
* It also enables effective monitoring and reporting, ensuring that all stakeholders are aware of potential threats and mitigation plans.

NEW QUESTION # 29
......

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APM Project Management Qualification (PMQ) Exam Sample Questions (Q24-Q29):

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