Old APM PMQ Study Group
Differentiate Between A Project And Business As Usual
A project introduces a new product or a change in product whereas business as usual seeks to reproduce the same […]
Read MoreDescribe Different Roles In The Project Management Lifecycle
This question is asking to to describe five different roles, sponsor, project manager, user, team member and contactor and describe […]
Read MoreDifferent Types Of Cost In PMP Exam
Sunk Costs are retrospective (past) costs that have already been incurred and cannot be recovered Committed costs are similar to […]
Read MorePMP Exam Prep Equations
Below is a collection of the formula useful for PMP prepraration Time Management Pert 1. PERT (P + 4M + […]
Read MorePMP Sample Question Cost Plus Incentive Fee
A contractor is conducting a $100,000 contract using a cost plus incentive fee of $10,000. It is agreed to split […]
Read MoreFree PMP Exam Prep Websites
After eight years as a project management trainer, I have helped more than 20,000 students prepare for their Project Management Professional (PMP)® […]
Read MoreDescribe 5 Main Components Of A Procurement Strategy
Prepare/ define – This stage of the strategy is to identify and quantify exactly what scope of works will be […]
Read MoreApmp: Describe 5 Attributes Of An Effective Project Manager
This is quite an open and free format question. There are no prescribed answers in this case, you just need […]
Read MoreApmp: Benefits Of Effective Configuration Management?
This question is asking for benefits so the answer could be based on time, cost, quality, team motivation and user […]
Read MoreDescribe Different Types Of Project Contractual Relationship
This is a easy question, but it should not be confused with payment types. Most contracts include fixed and firm […]
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