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. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization






2. 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.






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






4. 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.






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






6. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.






7. 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.






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






9. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






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






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






12. 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






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






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






15. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






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






17. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.






18. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






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






20. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






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






22. 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






23. 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






24. 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.






25. Technologies or methods to transfer information among project stakeholders.






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






27. 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






28. 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.






29. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






30. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje






31. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co






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






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






34. 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






35. 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






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






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






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






39. 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.






40. 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.






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






42. 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.






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






44. Probability that a risk will occur.






45. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






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






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






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






49. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.






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