Test your basic knowledge |

Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • 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. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






2. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






3. 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 -






4. Charts that are used to show positions and relationships in a graphical format.






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






6. A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower - more detailed pieces of work. These estimates are then aggregated into a to






7. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned






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






9. Documents how requirements will be analyzed - documented - and managed throughout the project






10. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.






11. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






12. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






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






14. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






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






16. Factors which - for planning purposes - are considered to be true - real or certain.






17. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






18. Involves developing a better understanding of the product of the project






19. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve






20. An applicable restriction that will affect the performance of the project/process.






21. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






22. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.






23. 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.






24. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






25. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






26. 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.






27. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






28. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.






29. 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.






30. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






31. 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






32. 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






33. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.






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






35. Documents the characteristics of the product - result - or service which the project is undertaken to create.






36. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






37. The process of determining project stakeholders' information needs and defining a communication approach.






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






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






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






41. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.






42. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






43. 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.






44. 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.






45. 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






46. A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower - more detailed pieces of work. These estimates are then aggregated into a to






47. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start






48. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.






49. Changing the project management plan to eliminate the threat entirely.






50. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities