APM Exam APM-PMQ Topic 4 Question 10 Discussion

Actual exam question for APM's APM-PMQ exam

Question #: 10
Topic #: 4

You are a project manager taking over a project that's in the definition phase. The project sponsor asks you to prepare for an upcoming budget review as they have concerns regarding the lack of cost control shown by the project to date.

Which of the following actions would best improve the project sponsor's confidence in how you will control costs?

ACreate a work breakdown structure.

BCreate a cost breakdown structure.

CCreate an earned value report.

DCreate a financial appraisal.

Show Suggested Answer

Suggested Answer: C

Product testing ensures the deliverables meet the intended specifications and are ready for deployment, which is the final assurance step before project closure.

by Erinn at Mar 22, 2025, 03:57 AM

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Quinn

28 days ago

Ooh, a cost breakdown structure, eh? That's like a fancy spreadsheet with all the numbers in the right places. The project sponsor will be so impressed, they might even give you a gold star!

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Solange

17 days ago

A) Create a work breakdown structure.

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Vi

1 months ago

Financial appraisal? Pfft, that's just a fancy way of saying 'asking for more money'. A cost breakdown structure is the way to go, my friend. It's the adult version of a piggy bank.

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Junita

1 months ago

An earned value report could also be useful, but that's more for monitoring progress than directly controlling costs. The cost breakdown structure is the best choice here.

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Shanda

1 days ago

C) Create an earned value report.

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Vernell

2 days ago

B) Create a cost breakdown structure.

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Gail

16 days ago

A) Create a work breakdown structure.

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Desmond

2 months ago

I agree, a cost breakdown structure is the way to go. It will help identify and manage the various cost elements of the project.

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Noemi

5 days ago

C) Create an earned value report.

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Armando

13 days ago

B) Create a cost breakdown structure.

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Telma

14 days ago

A) Create a work breakdown structure.

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Vi

16 days ago

D) Create a financial appraisal.

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Brice

17 days ago

C) Create an earned value report.

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Ethan

25 days ago

B) Create a cost breakdown structure.

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Keneth

1 months ago

A) Create a work breakdown structure.

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Freeman

2 months ago

A work breakdown structure would give me a better understanding of the project's scope, but it doesn't directly address cost control. The correct answer is B, creating a cost breakdown structure.

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