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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. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Procurement performance reviews
Direct costs
Manage Stakeholder
Resource Calendar
2. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Project Communications Management
Mitigation
Project Files
Administer procurements
3. Any modification to the contents of the project plan or the supporting details.
Project Plan Updates
Quality Improvement
Constraints
Fixed- price contracts
4. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Quality
Scope baseline
Project Management Information Systems (PMIS)
Subproject
5. A requirement imposed by a governmental body and its compliance is mandatory.
Change Control System
Data precision
Regulation
Risk management policies
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
Bottom-up Estimating
Plan Procurements
Acceptance
Lag
7. 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
Project Schedule
Focus groups
Develop Schedule
Graphical Evaluation and Review Technique (GERT)
8. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Brainstorming
Requirements Traceability Matrix
Stakeholder Analysis
Total Float
9. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Develop Human Resource Plan
Perform Qualitative Risk Analysis
Project Team Directory
Procurement negotiations
10. Modifications to the cost estimation prepared for the project
Quality
Design of Experiments (DOE)
Indirect costs / Overhead costs
Revised Cost Estimates
11. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Estimate Costs
Probabilistic Analysis of the project
Risk Management Plan
Assumptions
12. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Define Activities
Project Cost Management
Project Communications Management
Project Human Resource Management
13. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Group Decision Making Techniques
Precedence Relationships
Project Selection Methods
14. 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.
Flowcharts
Scope Statement
Triggers
Attribute Sampling vs. Variables Sampling
15. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Workaround plans
Constraints
Scope Statement
Tolerances vs. Control limits
16. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Procurement file
Process Adjustments
Project Quality Management
Analogous Estimating (top-down)
17. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Project Team Directory
Risk
Prevention vs. Inspections
Critical Path Method
18. Charts that are used to show positions and relationships in a graphical format.
Risk Database
Organization Chart
Define Activities
Project Selection Methods
19. 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.
Project Selection Methods
Trend Analysis
Control Scope
Project Management Information Systems (PMIS)
20. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Rework
Project Planning Methodology
Contract
Corrective Action
21. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Project Stakeholders
Control Account
Project Procurement Management
Procurement Statements of Work (SOW)
22. Any numbering system used to uniquely identify each component of the work breakdown structure.
Quality Policy
Group Decision Making Techniques
Risk management policies
Quality Metrics
23. Quantities to be performed for each specific category - and can be used to estimate activity durations
Project Management
Project Records
Change Requests
Quantitatively based durations
24. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Quality Management Plan
Analogous Estimating (top-down)
Grade
Prioritized list of quantified risks
25. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Acquire Project Team
Earned Value Analysis
Communication Requirements Analysis
Group Decision Making Techniques
26. Effect on project objectives if the risk event occurs.
Trend Analysis
Risk Consequences
Resource Calendar
Risk Management Plan
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
Simulation
Change Control System
Plan Communications
Staffing Requirements
28. 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.
Staffing Requirements
Quality Policy
Acceptance
Work Authorization System
29. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Control Scope
Cost Management Plan
Benchmarking
Probability and impact matrix
30. 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.
Project Quality Management
Status Review Meetings
Mandatory Dependencies (or Hard Logic)
Direct costs
31. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Project Scope Management
Control Charts
Estimate Activity Resources
Resource Pool Descriptions
32. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Qualified seller lists
Performance Reports
Lessons Learned
Group Decision Making Techniques
33. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Direct costs
Secondary Risks
Organizational Policies
Cost Management Plan
34. 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.
Facilitated Workshops
Performance Reviews
Inspection
Critical Path Method
35. 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.
Project Procurement Management
Regulation
Resource Calendar
Cost Performance Baseline
36. The policies - guidelines - or procedures that govern the recruitment of staff.
Make-or-buy analysis
Recruitment Practices
Residual Risks
Risk Audits
37. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Scope Change Control System
Scope baseline
Re-baselining
Revised Cost Estimates
38. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Parametric Estimating
Inspection
Phase Exits/ Stage Gates/ Kill Points
Independent estimates
39. 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
Re-baselining
Stakeholder register
Cost Performance Baseline
Administer procurements
40. Technologies or methods to transfer information among project stakeholders.
Communications Technology
Plan Risk Management
Subproject
Statistical Sampling
41. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
To-Complete Performance Index (TCPI)
System or Process
Tolerances vs. Control limits
42. 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.
Re-baselining
Mathematical Analysis
Identify Risks
Status Review Meetings
43. Changing the project management plan to eliminate the threat entirely.
Root Cause Analysis
Life Cycle Costing
Coding Structure
Avoidance
44. 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.
Precedence Relationships
Mitigation
Make-or-buy analysis
Inspection
45. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Forecasting
Deliverable
Project Charter
Control Schedule
46. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Forecasting
Quality
Risk management policies
Risk Categories
47. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Buyer-Seller relationship
Procurement performance reviews
Acquire Project Team
Requirements Documentation
48. 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
Identify Stakeholders
Risk Database
Schedule Baseline
Work Authorization System
49. A modification of a logical relationship that directs a delay in the successor activity.
Statistical Sampling
Organizational Policies
Estimate Activity Resources
Lag
50. Includes the processes that organize - manage - and lead the project team.
Re-baselining
Cost Management Plan
Project Human Resource Management
Time and Material (T&M) Contracts