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Test your basic knowledge |
CAPM
Start Test
Study First
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. Modifications to the cost estimation prepared for the project
Revised Cost Estimates
Observations
Develop Human Resource Plan
Manage Stakeholder
2. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Risk management policies
Documentation Reviews
Product Analysis
Functional Organization
3. 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.
Additional Risk Response Planning
Crashing
Fast Tracking
Revised Cost Estimates
4. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Project Plan Updates
Project Records
Source Selection Criteria
Project Integration Management
5. 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.
Tolerances vs. Control limits
Team Building Activities
Group Creativity Techniques
Sensitivity Analysis
6. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.
Earned Value Analysis
Analogous Estimating (top-down)
Cost Management Plan
Constraints
7. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Project Scope
Deliverable
Requirements Management Plan
Probability and impact matrix
8. Process of obtaining seller responses - selecting a seller - and awarding a contract
Decomposition
Similarities between Operations and Projects
Prevention vs. Inspections
Conduct Procurements
9. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Subproject
Life Cycle Costing
Status Review Meetings
Program Evaluation and Review Technique (PERT)
10. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Templates
Team Development
Manage Stakeholder
Analogous Estimating / Top-down
11. 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
Project Scope Management
Critical Path Method
Fast Tracking
Resource Leveling
12. 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.
Prioritized list of quantified risks
Functional Organization
Stakeholder Analysis
Estimate to Complete (ETC)
13. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Administer procurements
Project Files
Resource Pool Descriptions
Information Distribution Methods
14. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Initiation
Earned Value Analysis
Procurement negotiations
Risk
15. Includes the processes that organize - manage - and lead the project team.
Checklists
Project Human Resource Management
Parametric Estimating
Work Breakdown Structure (WBS)
16. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Assumptions Analysis
Interviews
Inspection
17. 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
Responsibility Assignment Matrix (RAM)
Analogous Estimating / Top-down
Scope Management Plan
Estimate Costs
18. The planned dates to perform schedule activities and the planned dates for meeting schedule milestones. Includes planned start and finish dates for the project's activities - milestones - work packages - planning packages - and control accounts. This
Close procurements
Bidder Conferences
Checklists
Requirements Management Plan
19. 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
Performance Reviews
Risk Management Plan
Procurement audits
Assumptions
20. Describes the need - justification - requirements - and current boundaries for the project.
Statistical Sampling
Scope baseline
Project Management Information Systems (PMIS)
Project Closeout
21. 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
System or Process
Stakeholder Analysis
Organization Breakdown Structure
Procurement resources
22. A table that links requirements to their origin and traces them throughout the project life cycle
Requirements Traceability Matrix
Sensitivity Analysis
Analogous Estimating (top-down)
Rework
23. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Process Adjustments
Develop Human Resource Plan
Attribute Sampling vs. Variables Sampling
Revised Cost Estimates
24. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Interviews
Project Planning Methodology
Residual Risks
Similarities between Operations and Projects
25. Process of identifying the specific actions to be performed to produce the project deliverables.
Make-or-buy analysis
Define Activities
Acceptance
Estimate Activity Resources
26. 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.
Acceptance
Perform Qualitative Risk Analysis
Resource Leveling
Parametric Estimating
27. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.
Change Requests
Lessons Learned
Close procurements
Budget Updates
28. 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.
Flowcharts
Project Records
Pareto Diagram/ Chart
Life Cycle Costing
29. 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.
Performance Reviews
Project Records
Schedule Compression
Technical performance measurement
30. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Code of Accounts
Technical performance measurement
Project Portfolio Management
Project Cost Management
31. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Change Control System
Risk management policies
Parametric Estimating
Report Performance
32. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Lead
Estimate Activity Resources
Project Files
Residual Risks
33. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Forecasting
Expert Judgment
Information Distribution Methods
Project Human Resource Management
34. Processes and procedures developed for the closing or canceling of projects.
Focus groups
Constraints
Inspection
Product Analysis
35. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.
Assumptions Analysis
Control Costs
Bidder Conferences
System or Process
36. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Control Scope
Prototypes
Perform Quantitative Risk Analysis
Control Schedule
37. 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.
Data precision
Graphical Evaluation and Review Technique (GERT)
Acceptance
Perform Quantitative Risk Analysis
38. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Perform Qualitative Risk Analysis
Schedule Baseline
Proposals
39. 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.
Project Life Cycle
Control Account
Bidder Conferences
Communication Requirements Analysis
40. A formal or informal approach to obtain information from stakeholders by talking to them directly
Probability and impact matrix
Attribute Sampling vs. Variables Sampling
Analogous Estimating (top-down)
Interviews
41. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Group Decision Making Techniques
Identify Stakeholders
Identify Risks
Fast Tracking
42. Changing the project management plan to eliminate the threat entirely.
Critical Path Method
To-Complete Performance Index (TCPI)
Quality Improvement
Avoidance
43. 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
Lead
Quality Assurance
Control Schedule
Program Evaluation and Review Technique (PERT)
44. 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.
Risk Audits
Attribute Sampling vs. Variables Sampling
Distribute Information
Project Management
45. The process of determining project stakeholders' information needs and defining a communication approach.
Risk Audits
Requirements Management Plan
Organization Breakdown Structure
Plan Communications
46. 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
Probability and impact matrix
Scope Change Control System
Benchmarking
Technical performance measurement
47. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Project Quality Management
Probabilistic Analysis of the project
Root Cause Analysis
Checklists
48. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Project Integration Management
Procurement performance reviews
Plan Communications
Triggers
49. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Project Stakeholders
Stakeholder register
Procurement Management Plan
Product Description
50. 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.
Earned Value Analysis
Project Quality Management
Conditional Diagramming Methods
Organization Chart