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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. Processes and procedures developed for the closing or canceling of projects.






2. Project team must measure itself periodically against the expectations of those outside the project.






3. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the






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






5. 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.






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






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. 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.






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






10. 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






11. 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.






12. Process of obtaining seller responses - selecting a seller - and awarding a contract






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






14. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold






15. 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.






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






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






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






20. Process of formalizing acceptance of the completed project deliverables






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






22. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






23. Describes how risk management will be structured and performed on the project.






24. Determining which risks may affect the project and documenting their characteristics.






25. 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






26. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






27. 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.






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






29. Modifications to the cost estimation prepared for the project






30. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe






31. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






32. 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.






33. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






34. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w






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






36. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






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






38. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte






39. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






40. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






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






42. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






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






44. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






45. 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.






46. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






47. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






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






49. 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






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







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