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. Modifications to the cost estimation prepared for the project






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






3. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.






4. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang






5. 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.






6. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.






7. 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.






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






9. 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.






10. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






11. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking






12. 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.






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






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






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






17. 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






18. 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






19. 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






20. Describes the need - justification - requirements - and current boundaries for the project.






21. 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






22. A table that links requirements to their origin and traces them throughout the project life cycle






23. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






24. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






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






26. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.






27. 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.






28. 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.






29. 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.






30. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






31. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






32. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






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






34. Processes and procedures developed for the closing or canceling of projects.






35. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.






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






37. 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.






38. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






39. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.






40. A formal or informal approach to obtain information from stakeholders by talking to them directly






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






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






43. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve






44. 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.






45. The process of determining project stakeholders' information needs and defining a communication approach.






46. 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






47. 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






48. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.






49. Documents the characteristics of the product - result - or service which the project is undertaken to create.






50. 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.