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GAQM APM-001 Exam
Associate in Project Management (APM) (Page 15 )

Updated On: 1-Feb-2026
Page 15 of 112
PDF with 704 Questions

Variance and trend analysis is a tool and technique used in which process?

  1. Perform Qualitative Risk Analysis
  2. Perform Quantitative Risk Analysis
  3. Control Risks
  4. Plan Risk Responses

Answer(s): C



Every project creates a unique product, service, or result that may be:

  1. tangible
  2. targeted
  3. organized
  4. variable

Answer(s): A



The following chart contains information about the tasks in a project.



Based on the chart, what is the cost performance index (CPI) for Task 2?

  1. 0.8
  2. 1
  3. 1.25
  4. 1.8

Answer(s): C



A tool and technique used in the Develop Project Charter process is:

  1. change control tools
  2. expert judgment
  3. meetings
  4. analytical techniques

Answer(s): B



The purpose of developing a project scope management plan is to:

  1. Manage the timely completion of the project.
  2. Ensure that the project includes all of the work required.
  3. Make sure the project will satisfy the needs for which it was begun.
  4. Reduce the risk of negative events in the project.

Answer(s): B



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