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






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






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






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.






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






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






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






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






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






10. Modifications to the cost estimation prepared for the project






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






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.






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






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.






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






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






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






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






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.






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.






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.






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






23. Quantities to be performed for each specific category - and can be used to estimate activity durations






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






25. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.






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






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






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.






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






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.






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






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.






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






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.






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.






36. The policies - guidelines - or procedures that govern the recruitment of staff.






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






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






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






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






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






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.






43. Changing the project management plan to eliminate the threat entirely.






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.






45. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






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






47. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






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






49. A modification of a logical relationship that directs a delay in the successor activity.






50. Includes the processes that organize - manage - and lead the project team.