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Free APM-PFQ Exam Braindumps
APM Project Fundamentals Qualification Questions 116–120 (page: 25)

Updated On: 10-Feb-2026
Page 25 of 83
PDF with 354 Questions

Which one of the following best describes project success criteria?

  1. Actively seeking some senior management support.
  2. Measures by which the success of the project is judged.
  3. Achievement of milestones.
  4. A motivated project team.

Answer(s): B



Comparative estimating uses:

  1. current data from similar projects.
  2. historic data from all projects.
  3. historic data from similar projects.
  4. current data from all projects.

Answer(s): C



Which one of the following best describes a project stakeholder?

  1. A party who is concerned about the project going ahead.
  2. A party with an interest or role in the project or is impacted by the project.
  3. A party who has a vested interest in the outcome of the project.
  4. A party who has a financial stake in the organisation managing the project.

Answer(s): B



The main purpose of the Project Management Plan is to:

  1. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternative options.
  2. ensure the project sponsor has tight control of the project manager's activity.
  3. document the outcomes of the planning process and provide the reference document for managing the project.
  4. document the outcome of the risk, change and configuration management processes.

Answer(s): C



We have an expert-written solution to this problem!
Who has ultimate responsibility for project risk?

  1. Steering group.
  2. Risk owner.
  3. Project sponsor.
  4. Project manager

Answer(s): C



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