SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
CAPM
Start Test
Study First
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. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Resource Leveling
Resource Pool Descriptions
Analogous Estimating / Top-down
Training
2. 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.
Differences between Operations and Project
Scope Change Control System
Project Management Information Systems (PMIS)
Independent estimates
3. 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.
Performance Reviews
Facilitated Workshops
Program Evaluation and Review Technique (PERT)
Project Human Resource Management
4. Used to solicit proposals from prospective sellers
Project Risk Management
Cost Performance Baseline
Procurement Documents
Product Analysis
5. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Project Plan Updates
Estimate Activity Resources
Procurement Management Plan
Quality Audit
6. Considers the characteristics of those prospective staff who are available to join the project team.
Probability and impact matrix
Communication Requirements Analysis
Staffing Pool Description
Direct costs
7. Collection of generally sequential project phases.
Project Life Cycle
Distribute Information
Project Plan
Resource Calendar
8. 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.
External Dependencies
Make-or-buy analysis
Verify Scope
Identify Risks
9. Charts that are used to show positions and relationships in a graphical format.
Risk Consequences
Proposal
Inspection
Organization Chart
10. 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.
Constraints
Additional Risk Response Planning
Flowcharts
Acceptance
11. 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
Project Records
Determine Budget
Quality Metrics
Phase Exits/ Stage Gates/ Kill Points
12. 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.
Risk management policies
Avoidance
Schedule Compression
Focus groups
13. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Conditional Diagramming Methods
Direct costs
Sub Network / Fragment Network
Prevention vs. Inspections
14. 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
Risk Categories
External Dependencies
Resource Pool Descriptions
Procurement Management Plan
15. Modifications to the cost estimation prepared for the project
Procurement audits
Revised Cost Estimates
Project Planning Methodology
Cost-reimbursable contracts
16. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Project Cost Management
Bottom-up Estimating
Product Scope
Procurement audits
17. 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 -
System or Process
Project Plan
Qualified seller lists
Project Communications Management
18. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.
Project Records
Constraints
Project
Project Plan
19. Any modification to the agreed upon project scope as defined by the approved WBS
Scope Changes
Flowcharts
Revised Cost Estimates
Checklists
20. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Make-or-buy analysis
Residual Risks
Project Charter
Additional Risk Response Planning
21. Subdivision of project deliverables into smaller - more manageable components
Sub Network / Fragment Network
Revised Cost Estimates
Decomposition
Scope Management Plan
22. The work that must be done to deliver a product with the specified features and functions
Administer procurements
Risk Management Plan
Resource Pool Descriptions
Project Scope
23. Approved modifications to the project schedule that are used to manage the project
Constraints
Schedule updates
Re-baselining
Control Scope
24. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Focus groups
Configuration Management System
Project Cost Management
Tolerances vs. Control limits
25. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Plan Risk Management
Cost-reimbursable contracts
Design of Experiments (DOE)
Cost Performance Baseline
26. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.
Triggers
Analogous Estimating (top-down)
Schedule updates
Collocation
27. 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.
Plan Risk Management
Performance Reviews
Revised Cost Estimates
Mandatory Dependencies (or Hard Logic)
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.
Estimate at Completion (EAC)
Resource Pool Descriptions
Determine Budget
Perform Quality Control
29. Technique to evaluate the degree to which data about risks is useful for risk management.
Data precision
Data Precision Ranking
Estimate at Completion (EAC)
Conduct Procurements
30. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Status Review Meetings
Project Assumption Testing
Perform Quality Control
Project Portfolio Management
31. 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.
Corrective Action
Organization Breakdown Structure
Sequence Activities
Residual Risks
32. 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.
Life Cycle Costing
Coding Structure
Technical performance measurement
Scope baseline
33. Methods used to distribute information to team members and other stakeholders.
Revised Cost Estimates
Project Plan Updates
Information Distribution Methods
Product Analysis
34. Project team must measure itself periodically against the expectations of those outside the project.
External Feedback
Risk
Responsibility Assignment Matrix (RAM)
Decomposition
35. Process of formalizing acceptance of the completed project deliverables
Contingency - Buffer - Reserve
Verify Scope
Conduct Procurements
Quantitatively based durations
36. 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.
Control Account
Scope Management Plan
Projectized Organization
Observations
37. A documented list of project team members - their project roles - and communication information.
Project Team Directory
Quality Improvement
Total Float
Inspection
38. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Communications management plan
Project Schedule
Documentation Reviews
Status Review Meetings
39. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Prioritized list of quantified risks
Transference
Estimate Activity Durations
Control Costs
40. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Work Authorization System
Conduct Procurements
Risk Categories
Project Team Directory
41. 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
Develop Human Resource Plan
Plan Risk Responses
Project Management Information Systems (PMIS)
Crashing
42. Any modification to the contents of the project plan or the supporting details.
Project Plan Updates
Project Communications Management
Communication Requirements Analysis
Training
43. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Control Charts
Staffing Requirements
Critical Path Method
Develop Human Resource Plan
44. 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
Recruitment Practices
Benchmarking
Procurement negotiations
To-Complete Performance Index (TCPI)
45. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans
Control Account
Workaround plans
Analogous Estimating / Top-down
Similarities between Operations and Projects
46. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Probability and impact matrix
Brainstorming
Work Authorization System
Technical performance measurement
47. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.
Perform Qualitative Risk Analysis
Precedence Relationships
Independent estimates
Quality Audit
48. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con
Product description
Initiation
Critical Path Methodology (CPM)
Project Portfolio Management
49. 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
Project Planning Methodology
Communications management plan
Group Decision Making Techniques
Prototypes
50. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Inspection
Control Scope
Performance Reports
Control Charts