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Free APM-PFQ Exam Braindumps
APM Project Fundamentals Qualification Questions 131–135 (page: 28)

Updated On: 10-Feb-2026
Page 28 of 83
PDF with 354 Questions

The accuracy of an estimate should:

  1. decrease as a project progresses through its life cycle.
  2. increase as a project progresses through its life cycle.
  3. stay constant throughout the project life cycle.
  4. vary independently of where the project is in its life cycle

Answer(s): B



Which one of the following best defines a benefit?

  1. positive result of stakeholder management.
  2. The successful management of a project.
  3. An improvement resulting from project deliverables.
  4. The successful delivery of project reports and updates.

Answer(s): C



Which one of the following is true for the Project Management Plan (PMP)?

  1. The Project Management Plan is developed by the project manager and team and owned by the sponsor.
  2. A. draft of the Project Management Plan is developed by the sponsor at the same time as the business case.
  3. The Project Management Plan is developed by the sponsor and owned by the project manager.
  4. The Project Management Plan is developed by the project manager and team and owned by the project manager

Answer(s): D



Who are project team members primarily accountable to?

  1. External stakeholders.
  2. The end users.
  3. The finance director.
  4. The project manager

Answer(s): D



The phases of a project life cycle are:

  1. starting, planning, control and closing.
  2. concept, definition, development, handover and closure.
  3. initiation, definition, planning, monitoring and operations.
  4. concept, definition, implementation and operations.

Answer(s): B



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