Which of the following statements about the Project Approach Questionnaire (PAQ) are true?

The PAQ is a living risk and alignment aid used to expose approach-based risks—culture, leadership, governance expectations, stakeholder availability, decision latency, technical readiness—and to agree mitigations. AgilePM positions the PAQ for early use and for periodic re-use at key checkpoints. As the Foundations phase completes, the project has clarified goals, governance, roles, and planning baselines; revisiting the PAQ then helps validate that the agreed approach actually fits the now-explicit context and that residual risks have owners and responses. If Foundations is later revisited (for example, after significant change in scope, funding, or organization), the PAQ should be revisited as well to re-check assumptions and tune mitigations. Treating the PAQ as a one-off document would miss its purpose: to sustain a fit-for-purpose approach as conditions evolve. Therefore, both statements are true.