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GAQM PPM-001 Exam Questions
Professional in Project Management (PPM) (Page 2 )

Updated On: 31-Mar-2026
Page 2 of 131
PDF with 650 Questions

Which of the following does NOT assess the value a project brings to an organization?

  1. Benefit cost analysis
  2. Net present value
  3. Value analysis
  4. Needs assessment

Answer(s): C



Your management has decided that all orders will be treated as "projects" and that project managers will be used to update orders daily, to resolve issues, and to ensure that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from US $100 to US $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation?

  1. Because each individual order is a "temporary endeavor," each order is a project.
  2. This is program management since there are multiple projects involved.
  3. This is a recurring process.
  4. Orders incurring revenue over $100,000 would be considered projects and would involve project management.

Answer(s): C



A project manager in a predominantly hierarchical organization has been assigned a major project with aggressive timelines. The BEST approach for developing an initial project charter in this environment is to:

  1. Create a project charter using brainstorming sessions with potential team members and stakeholders.
  2. Create and present a draft project charter to potential team members and stakeholders to solicit their input.
  3. Create a project charter jointly with management for distribution to potential team members and stakeholders.
  4. Create a project charter with the functional managers and present it to the sponsor for signature.

Answer(s): C



All of the following are correct statements about a project manager EXCEPT:

  1. He or she is assigned after the project charter is created.
  2. He or she may initiate changes to the project.
  3. He or she manages changes and factors that create change.
  4. He or she is held accountable for project success or failure.

Answer(s): A



A new project manager is having difficulty creating a WBS with the team. To alleviate this situation, the project manager should ask for help from:

  1. The sponsor.
  2. Other project managers.
  3. The project management office.
  4. The team.

Answer(s): C



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