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Subjects : certifications, capm
Instructions:
  • 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. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






2. 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






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






4. 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






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






6. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






7. 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.






8. 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.






9. 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 -






10. Factors that - for planning purposes - will be considered true - real or certain.






11. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






12. 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.






13. 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.






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






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






16. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si






17. 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






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






19. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.






20. Risks that arise as a direct result of implementing a risk response.






21. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.






22. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana






23. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.






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






25. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






26. Collection of generally sequential project phases.






27. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






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






29. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






30. 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.






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






32. 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.






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






34. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






35. 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.






36. It can include correspondence - memos - meeting minutes - and documents describing the project.






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






38. 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






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






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






41. Determining which risks may affect the project and documenting their characteristics.






42. Outcome of activities performed to accomplish the project.






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






44. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe






45. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.






46. Documents how requirements will be analyzed - documented - and managed throughout the project






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






48. 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






49. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






50. 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.







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