
region selector

Again, there are 2 costs – project costs and the ongoing operational costs over the benefits realization timescale. When the decision is taken whether to invest in this project, the total costs (i.e. project costs and ongoing operational costs) are weighed against the expected benefits over the same time period.07 Sep - 09 Sep
Risks One major risk has been identified in this example, but on your project, there could be many risks.BCS Foundation Certificate in Business Analysis course (Online)Investment appraisal
The final section is the investment appraisal. The investment technique used in this example is called net benefits. As you can see from the table, the project and operational costs are recorded for each year of the investment. £1,299
The project lasts 1 year which is why the project costs are zero after year 1. Of course, the benefits won’t be realized until the solution is in place and the company starts to use the handheld devices.
{title}
{title}Manage consent
Manage consent

Knowledge Train by numbers
FAQsManage {vendor_count} vendors
Can I do PMQ without PFQ?Read more about these purposes
AcceptYes, you can do PMQ without completing PFQ first. Unlike PRINCE2, the PFQ is not a prerequisiteDeny for the PMQ.
The right course depends on your level of experience:View preferences
- APM PFQ is aimed at those with little to no project management experience.Save preferences
- APM PMQ is ideal for professionals with a couple of years’ experience.View preferences
Can I put APM PMQ after my name?{title}
{title} {title}No, you cannot put APM PMQ after your name.Manage Consent
Passing the PFQTo provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions. or PMQ exams does not grant post-nominal letters.
However, achieving the PMQ makes you eligible to apply for full membership of the APMFunctional. Once accepted, you may use the post-nominal MAPM .
Does the APM PMQ expire?
FunctionalNo, the APM PMQ does not expire. Always active
This certificate remains valid indefinitely and does not require renewal.
How hard is the APM PMQ exam?
The APM PMQ exam consists of 40 questions worth 90 marks .The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The duration is 2.5 hours , with an optional 30-minute break between two parts of the exam.Preferences
The pass mark is adjusted based on exam difficulty , meaning it may vary slightly from one paper to another.
How long do APM PMQ results take?Preferences
APM PMQ results usually take around six weeks to be released but may take up to ten weeks during busy periods.
How long does it take to complete an APM PMQ?The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Completing an APM PMQ typically takes:
- 5 days for a classroom course, orStatistics
- 40 hours of self-paced e-learning and 35 hours of live tutor support for the blended learning option.Statistics
How to prepare for APM PMQ?
To prepare effectively for APM PMQ:
- Ensure you have sufficient project management experience.
- Choose the right course format for your learning style.
- Review the assessment methodsThe technical storage or access that is used exclusively for statistical purposes. and exam formatThe technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you..
- Practise with PMQ mock exams until you consistently achieve high scores.
- Participate in study groupsMarketing or forums to discuss challenging topics.
- Use Marketingpast papers and practice exams to improve time management.
- Attend tutor-led sessions
ensure you’re on track for success.Manage services
Is APM PMQ worth it?Manage {vendor_count} vendors
Read more about these purposesYes, the AcceptAPM Project Management Qualification (PMQ) is widely regarded as a valuable certification.Deny
It enhances your project management knowledge and demonstrates professional credibility.
This qualification can lead to career progression, better job prospects, and higher employability in the project management field.View preferences
However, consider whether it aligns with your personal career goals before enrolling.
Is APMP the same as PMQ?Save preferences
View preferencesNo, {title}APMP is not the same as PMQ.{title}
The {title}APM Project Management Qualification (PMQ)Manage consent was formerly known as Manage consentAPMP.
It is now a 5-day classroom course leading to a professional project management certification.
Is the APM PMQ an open book exam?
No, the APM PMQ is a closed-book exam.
It consists of 40 questions to be completed in 2.5 hours.
Candidates should have prior project management knowledge to perform well.
Is the APM PMQ exam difficult?
The APM PMQ exam can be challenging.
Although the exam includes multiple-choice questions, it still tests your ability to apply project management concepts effectively.
Preparation is key – study thoroughly and practise under timed conditions.
After the first half of the exam, there is a scheduled break.
What is PMQ certification?
PMQ certification refers to the APM Project Management Qualification, a globally recognised credential for project managers.
Offered by the Association for Project Management (APM), it demonstrates a comprehensive understanding of project management principles and practices.
Earning the PMQ enhances your skills, confidence, and career prospects within the project management profession.
What is PMQ in project management?
In project management, PMQ stands for the APM Project Management Qualification.
It is awarded by the Association for Project Management (APM), the chartered institute for the project profession.
The qualification recognises a strong foundation of project management knowledge.
What is the difference between APMP and PMP?
The difference between APMP and PMP® lies in their certification bodies and frameworks.
- APMP (now known as APM PMQ) is based on the APM Body of Knowledge (APM BoK) and is common in the UK. It does not require formal experience to sit the exam.
- PMP® (Project Management Professional) is based on the PMBOK® Guide and is administered by the Project Management Institute (PMI) in the US. It requires several years of project management experience, making it more demanding.
Both are respected globally, but PMP® is typically considered more advanced due to its experience requirements.
What is the PMQ qualification?
The PMQ qualification is the APM Project Management Qualification, offered by the Association for Project Management (APM).
It validates comprehensive knowledge of project management principles and practices and is ideal for professionals aiming to advance their project management careers.
Earning the PMQ boosts skills, confidence, and employability within the field.
What level is APM Project Management Qualification?
The APM Project Management Qualification (PMQ) is an internationally recognised certificate aligned with Scottish Credit and Qualifications Framework (SCQF) Level 7.
It is developed by the Association for Project Management (APM), the chartered body for project professionals.
Still have questions? Contact us by phone on 0207 148 5985, via live chat, email, or by completing the form below.
How to find us
Knowledge Train
20 Old Bailey, London, EC4M 7AN,
England, United Kingdom.
Call +44 (0)207 148 5985
Opening hours
Monday to Friday – 09:00 to 17:15





