APM Project Fundamentals Qualification (PFQ) Practice Exam 2025 – The Comprehensive All-In-One Resource for Exam Success!

Question: 1 / 440

Which one of the following is true for the Project Management Plan (PMP)?

The Project Management Plan is developed by the project manager and team and owned by the sponsor.

A draft of the Project Management Plan is developed by the sponsor at the same time as the business case.

The Project Management Plan is developed by the sponsor and owned by the project manager.

The Project Management Plan is developed by the project manager and team and owned by the project manager.

The Project Management Plan (PMP) is indeed developed by the project manager and his or her team, reflecting the collective input and expertise of those involved in the project. The ownership of the PMP typically lies with the project manager. This responsibility allows the project manager to effectively manage and execute the project, ensuring that all aspects outlined in the PMP are adhered to throughout the project lifecycle.

The PMP serves as a comprehensive document that outlines how the project will be planned, executed, monitored, controlled, and closed. It encompasses the project’s scope, objectives, schedule, resources, risks, and other critical components necessary for successful project delivery. The project manager's ownership of this document is crucial, as it empowers them to make decisions, address issues, and align the project with its goals.

In assessing the other options, it's clear that they misrepresent aspects of the PMP's development and ownership. For instance, suggesting that the sponsor develops a draft of the PMP alongside the business case does not align with standard project management practices, where the PMP is typically built after the business case approval. The ownership model presented in some options does not align with the accepted project management framework, which firmly places the responsibility with the project manager.

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