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APM Exam APM-PMQ Topic 4 Question 10 Discussion

Actual exam question for APM's APM-PMQ exam
Question #: 10
Topic #: 4
[All APM-PMQ Questions]

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?

Show Suggested Answer Hide 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.


Contribute your Thoughts:

Quinn
4 months 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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Dahlia
2 months ago
D) Create a financial appraisal.
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Anglea
2 months ago
C) Create an earned value report.
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Jerry
2 months ago
B) Create a cost breakdown structure.
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Solange
3 months ago
A) Create a work breakdown structure.
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Vi
4 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
4 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
3 months ago
C) Create an earned value report.
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Vernell
3 months ago
B) Create a cost breakdown structure.
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Gail
3 months ago
A) Create a work breakdown structure.
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Desmond
5 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
3 months ago
C) Create an earned value report.
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Armando
3 months ago
B) Create a cost breakdown structure.
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Telma
3 months ago
A) Create a work breakdown structure.
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Vi
3 months ago
D) Create a financial appraisal.
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Brice
3 months ago
C) Create an earned value report.
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Ethan
4 months ago
B) Create a cost breakdown structure.
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Keneth
4 months ago
A) Create a work breakdown structure.
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Freeman
5 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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Nan
5 months ago
I believe creating an earned value report would also be beneficial as it helps track project performance against the budget.
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Denna
5 months ago
I agree with Leonida. A cost breakdown structure will provide a detailed breakdown of project costs.
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Leonida
5 months ago
I think creating a cost breakdown structure would be the best option.
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