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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. 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






2. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






3. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






4. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






5. Factors that limit a buyer's options. E.g. - funds availability






6. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






7. Involves immediate corrective or preventive action as a consequence of quality control measurements.






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






9. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.






10. Process of numerically analyzing the effect of identified risks on overall project objectives.






11. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






12. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






13. Process of defining and documenting stakeholders' needs to meet the project objectives






14. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






15. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg






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






17. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson






18. 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.






19. Meetings held to assess project status and/or progress.






20. 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.






21. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.






22. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






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






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






25. Process of redefining the cost performance/schedule/performance measurement/technical baseline. If cost variances are severe - re-baselining is needed to provide a realistic measure of performance.






26. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






27. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






28. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






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






30. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






31. Process of identifying the specific actions to be performed to produce the project deliverables.






32. 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.






33. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.






34. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th






35. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






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






37. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






38. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






39. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






40. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the






41. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold






42. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






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






44. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o






45. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






46. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






47. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






48. The policies - guidelines - or procedures that govern the recruitment of staff.






49. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.






50. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe







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