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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking






2. Quantities to be performed for each specific category - and can be used to estimate activity durations






3. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






4. It can include correspondence - memos - meeting minutes - and documents describing the project.






5. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.






6. The work that must be done to deliver a product with the specified features and functions






7. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






8. An estimating technique that uses a statistical relationship between historical data and other variables to calculate an estimate for activity parameters - such as scope - cost - budget - and duration. An example for the cost parameter is multiplying






9. Charts/ Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education -






10. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






11. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope






12. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






13. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.






14. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.






15. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.






16. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






17. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.






18. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






19. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






20. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.






21. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.






22. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans






23. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.






24. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.






25. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






26. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.






27. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






28. A modification of a logical relationship that directs a delay in the successor activity.






29. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w






30. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






31. Processes and procedures developed for the closing or canceling of projects.






32. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






33. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v






34. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






35. Focused sessions that bring key cross-functional stakeholders together to define product requirements






36. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






37. Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education - knowledg






38. Process of defining how to conduct risk management activities for a project.






39. Factors that - for planning purposes - will be considered true - real or certain.






40. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.






41. Risks that arise as a direct result of implementing a risk response.






42. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.






43. A formal or informal approach to obtain information from stakeholders by talking to them directly






44. Any modification to the contents of the project plan or the supporting details.






45. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






46. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






47. Factors that will limit the project management team's options (e.g. - a predefined budget)






48. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






49. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.






50. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.







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