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






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






3. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






4. 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.






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






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






7. Collection of generally sequential project phases.






8. 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.






9. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o






10. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






11. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






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






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






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






15. 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.






16. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities






17. Used to solicit proposals from prospective sellers






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






19. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






20. 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






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






22. 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






23. 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.






24. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






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






26. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






27. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.






28. Charts/ Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education -






29. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






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






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






32. 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.






33. 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.






34. Modifications to the cost estimation prepared for the project






35. 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.






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






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






38. Any modification to the contents of the project plan or the supporting details.






39. 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






40. 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






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






42. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th






43. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.






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






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






46. Process of formalizing acceptance of the completed project deliverables






47. 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






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






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






50. 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