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 identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






2. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






3. 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






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






5. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






6. 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.






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






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






9. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






10. 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.






11. 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






12. 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






13. 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.






14. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v






15. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






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






17. Describes how individual requirements meet the business need for the project.






18. Terms used when the source selection decision will be based on price






19. 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.






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






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






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






23. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






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






25. 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.






26. Technique to evaluate the degree to which data about risks is useful for risk management.






27. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






28. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative






29. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.






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






31. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






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






33. 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.






34. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






35. 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






36. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.






37. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






38. 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






39. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.






40. 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






41. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






42. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






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






44. 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.






45. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






46. 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.






47. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.






48. Effect on project objectives if the risk event occurs.






49. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t






50. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.