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. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






2. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si






3. 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.






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






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






6. It compares cost performance over time - schedule activities or work packages overrunning and under running the budget - and estimated funds needed to complete work in progress.






7. 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.






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






9. Special category of revised cost estimates to an approved cost baseline.






10. Generally used when considerations like technical approach and technical skills are paramount in source selection






11. 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.






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






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






14. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






15. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology






16. 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






17. 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.






18. 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.






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






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






21. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r






22. 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






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






24. Process of developing a detailed description of the project and product






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






26. 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






27. A documented list of project team members - their project roles - and communication information.






28. 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.






29. The calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal - such as the budget at completion (BAC) or the estimate at completion (EAC). It is the ratio of 'remaining work' to the 'fu






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






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






32. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac






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






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






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






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






37. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.






38. Modifications to the cost estimation prepared for the project






39. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






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






41. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






42. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






43. Collection of generally sequential project phases.






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






45. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.






46. 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.






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






48. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.






49. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec






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