GAQM PPM-001 Test Engine Practice Test Questions, Exam Dumps
100% Free PPM-001 Daily Practice Exam With 225 Questions
Who should take the GAQM PPM-001: Professional in Project Management (PPM) Exam
The Professional in Project Management (PPM) Certificate is valid for five years, after which the applicant should either repeat the examination or finish the E-Course for PPM to earn the required amount of professional development units (CEUs). The candidate's professional stature and credentials would be preserved by renewing the certificate.
NEW QUESTION # 90
Which of the following is not one of the four T's of risk mitigation?
- A. Terminate
- B. Tolerate
- C. Treat
- D. Transfer
- E. Trade
Answer: E
Explanation:
The four T's of risk mitigation are a set of strategies that organizations can use to manage risks. These include:
* Tolerate: Accepting the risk as it is because the cost of mitigating it may be higher than the impact of the risk itself.
* Terminate: Eliminating the risk entirely by changing the process or activity that is causing the risk.
* Treat: Implementing measures to reduce the likelihood of the risk occurring or to minimize its impact if it does occur.
* Transfer: Shifting the risk to a third party, often through insurance or outsourcing1.
The term 'Trade' is not commonly used within the context of the four T's of risk mitigation.
References: The information is verified using the source from MHA Consulting, which details the four T's process of risk control planning1.
NEW QUESTION # 91
What is the lowest level in the WBS at which the cost and activity durations for the work can be reliably estimated and managed?
- A. Work package
- B. Work product
- C. Scope baseline
- D. Project deliverable
Answer: A
NEW QUESTION # 92
Which tool is used to develop technical details within the project management plan?
- A. Project Management Information
- B. Project Selection Methods
- C. Project Management Methodology
- D. Expert Judgment
Answer: D
NEW QUESTION # 93
The project manager notices that project activities being completed by one department are all taking slightly longer than planned. To date, none of the activities/work packages have been on the critical path, nor have they affected the critical chain planning that has occurred. The project manager is bothered by the problem, since four of the next five critical path activities are being completed by this department. After making three calls, the project manager is finally able to converse with the department manager to determine what is going on. The conversation is slow, because both speak different native languages and they are trying to converse in French, a shared language. To make communication easier, the project manager frequently asks the department manager to repeat back what has been said. The department manager communicates that his staff is following a company policy that requires two levels of testing. During the conversation, the department manager also makes a comment that leads the project manager to believe that the policy may include excessive work. This is the fourth time the project manager has heard such a comment. What is the BEST thing to do?
- A. Create a better communications management plan that requires only one language to be the universal language on the project and have translators readily available on a moment's notice.
- B. Work on increasing the effectiveness of the performing organization by recommending continuous improvement of the policy in question.
- C. Contact someone else in the department who speaks the project manager's native language better to confirm the department manager's opinion.
- D. Find out if the upcoming activities should be re estimated.
Answer: B
NEW QUESTION # 94
The inputs of the Performance Reporting process include all of the following except for which one?
- A. Work performance information
- B. Performance reviews
- C. Performance measurements
- D. Forecasted completion
Answer: B
Explanation:
Performance reviews are not an input of the Performance Reporting process. The remaining inputs of this process are quality control measurements, project management plan, approved change requests, and deliverables.
NEW QUESTION # 95
A project manager has increased project costs by US $100,000, but completed the project four weeks earlier than planned. What activity is BEST described here?
- A. Adjusting leads and lags
- B. Schedule compression
- C. Critical chain
- D. Resource leveling
Answer: B
NEW QUESTION # 96
Why might a team fail?
- A. Any of these reasons]
- B. Internal competition
- C. No external support
- D. Poor communication
Answer: A
Explanation:
A team might fail due to a variety of reasons, all of which can significantly impact the team's performance and project outcomes. Internal competition can lead to a lack of collaboration and trust within the team, hindering progress and innovation. Without external support, a team may lack the necessary resources or endorsement required to successfully execute a project. Poor communication can result in misunderstandings, unclear objectives, and misaligned efforts, which are often cited as primary factors for project failure. These reasons align with common causes of project failure identified in the field of Project Management, such as poor alignment, bad planning, lack of executive support, incomplete requirements, unclear expectations, scope creep, lack of resources, choice of technology, and inexperience1.
References:
* PMI's "Why do projects really fail?" article outlines various factors that can lead to project failure, which are applicable to team failures as well1.
* The PM World Library's "Top ten reasons for PPM failure" provides insights into the complexity of project management and the multitude of factors that can contribute to a team's failure2.
* The Project Management Academy's "Top 10 Reasons Why Projects Fail" includes poor communication, insufficient planning, and stakeholder management as key reasons, which can be directly related to team dynamics3.
NEW QUESTION # 97
Which tool within the Perform Quality Control process identifies whether or not a process has a predictable performance?
- A. Pareto chart
- B. Histogram
- C. Cause and effect diagram
- D. Control charts
Answer: D
NEW QUESTION # 98
Executing the risk response plan in order to react to risk events throughout the project is called:
- A. Monitoring and control.
- B. Contingency planning.
- C. Life cycle costing.
- D. Mitigation.
Answer: A
NEW QUESTION # 99
Which tool and technique is used to sequence activities?
- A. Applying lead and lags
- B. Project management software
- C. Decomposition
- D. Expert judgment
Answer: A
NEW QUESTION # 100
Using the chart,
what is the lowest cost of crashing this project to save four weeks?
- A. $7,000
- B. $9,000
- C. $18,000
- D. $6,000
Answer: D
NEW QUESTION # 101
Which of the following is the definition of a project?
- A. Temporary endeavor undertaken to create a unique product, service, or result
- B. Temporary endeavor that produces repetitive outputs
- C. Temporary endeavor undertaken to create a temporary business process or product
- D. Permanent endeavor that produces repetitive outputs
Answer: A
NEW QUESTION # 102
Which analysis uses beta and triangular distributions as a tool and technique?
- A. Perform quality assurance
- B. Quantitative risk analysis
- C. Perform quality control
- D. Qualitative risk analysis
Answer: B
NEW QUESTION # 103
Which of the following is NOT a reason to measure variances from the baseline?
- A. To create a project control system
- B. To determine if there are any wild fluctuations
- C. To allow early corrective action
- D. To catch deviations early
Answer: A
NEW QUESTION # 104
Which is an input to the Collect Requirements process?
- A. Organizational process assets
- B. Requirement documentation
- C. Stakeholder register
- D. Requirements management plan
Answer: D
NEW QUESTION # 105
Which of the following is an input to Develop Human Resource Plan?
- A. Enterprise environmental factors
- B. Team performance assessment
- C. Staffing management plan
- D. Roles and responsibilities
Answer: A
NEW QUESTION # 106
You have assembled your thoughts into a message. As you pass this information to a second party, you are giving this person your:
- A. Input
- B. Feedback
- C. Output
- D. Data
- E. Input and Data
Answer: C
NEW QUESTION # 107
Which acronym describes the key qualities of a risk management program?
- A. PACED
- B. PESTLE
- C. SAFE
- D. SMART
Answer: D
Explanation:
The SMART acronym stands for Specific, Measurable, Achievable, Relevant, and Time-bound, and is often used to guide goal setting and project planning, including risk management programs. Applying the SMART criteria ensures that the objectives of a risk management program are clearly defined, quantifiable, realistic, aligned with broader organizational goals, and time-sensitive. This framework helps in creating effective and actionable risk management plans that can be systematically monitored and adjusted as necessary.
NEW QUESTION # 108
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Topics of GAQM PPM-001: Professional in Project Management (PPM) Exam
candidates must know the exam topics before they start of preparation. Our GAQM PPM-001 exam dumps will include the following topics:
Module 1 - Project Management Fundamentals
- Defining a project and project management
- Role & skills of the project manager
- Creating a vision
- Project planning worksheets
Module 2 - Project Management Training
- Team meetings
- Communication
- Selling and preparing a project
- How projects can help you
- What a project is
- Teamwork and development
- Closing out a project
- Project management basics
- Planning tools and budgets
- A project's life cycle
Module 3 - Intermediate Project Management
- Scheduling your project
- Budgeting
- What really needs to be done?
- The Work Breakdown Structure and other planning tools
Module 4 - Effective Planning & Scheduling
- Scheduling software
- Projects and schedules
- Aligning resources with activities
- Communication
- Updating and monitoring the schedule
- Identifying task dependencies
- Estimating activity durations
- The Work Breakdown Structure (WBS)
- Uncertainty and risk management
Module 5 - Advanced Project Management
- Nine Easy Ways to Reward Your Team
- Team meetings
- Scheduling Your Project
- Building a Winning Team
- Developing a Communication Plan
Module 6 - Team Building
- Managing Team Conflict
- Types of teams
- The Trust/Relationship Model
- Shared Leadership
- The TORI model
- Team Problem-Solving
- Organizations Today
- SWOT Analysis
- Team-Shaping Factors
- The Team Player Survey
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