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APM Project Fundamentals Qualification Questions 86–90 (page: 19)

Updated On: 10-Feb-2026

Which one of the following statements is true?

  1. An increase in project scope is likely to increase project cost.
  2. A decrease in the project time is likely to increase project quality.
  3. An increase in the project quality requirements is likely to decrease project cost.
  4. A decrease in the project cost is likely to decrease project time.

Answer(s): A



Which one of the following statements best defines the purpose of a Product Breakdown Structure (PBS)?

  1. To define the hierarchy of deliverables that are required to be produced on the project.
  2. To define how the products are produced by identifying derivations and dependencies.
  3. To establish the extent of work required prior to project commissioning and the handover.
  4. To identify the health and safety strategies and procedures to be used on the project.

Answer(s): C



Which one of the following is least likely to be a success criteria?

  1. A target for the project to receive zero change requests.
  2. The date by which the project is to be completed.
  3. Delivery of products that meet required specifications.
  4. The awarding of bonuses to senior management.

Answer(s): D



Which one of the following is a valid project Key Performance Indicator (KPI)?

  1. Staff appraisals.
  2. Management buy in.
  3. Milestone achievement.
  4. Master schedule.

Answer(s): C



Which one of the following statements is true?

  1. The business case is owned by the sponsor and is created during the concept phase of the project life cycle.
  2. The business case is owned by the project manager and is created during the concept phase of the project life cycle.
  3. The business case is owned by the sponsor and is created during definition phase of the project life cycle.
  4. The business case is owned by the project manager and is created during the definition phase of the project life cycle.

Answer(s): A



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