Test your basic knowledge |

Subjects : certifications, capm
  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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. Documents how requirements will be analyzed - documented - and managed throughout the project

2. Methods used to distribute information to team members and other stakeholders.

3. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.

4. Charts that are used to show positions and relationships in a graphical format.

5. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica

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

7. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.

8. Process of defining and documenting stakeholders' needs to meet the project objectives

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

10. 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.

11. Involves immediate corrective or preventive action as a consequence of quality control measurements.

12. 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

13. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.

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

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

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

17. 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.

18. 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

19. 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.

20. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.

21. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.

22. 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

23. Outcome of activities performed to accomplish the project.

24. 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.

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

26. 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

27. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.

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

29. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.

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

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

32. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.

33. Structured review of the project plans and assumptions - prior project files - contracts - and other information.

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

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

36. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.

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

38. Focused sessions that bring key cross-functional stakeholders together to define product requirements

39. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.

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

41. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.

42. 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

43. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.

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

45. Any numbering system used to uniquely identify each component of the work breakdown structure.

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

47. 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.

48. Any numbering system used to uniquely identify each component of the work breakdown structure.

49. 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

50. A requirement imposed by a governmental body and its compliance is mandatory.