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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. 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.
Quality Improvement
Corrective Action
Graphical Evaluation and Review Technique (GERT)
Prototypes
2. Modifications to the cost estimation prepared for the project
Mitigation
Requirements Traceability Matrix
Perform Quality Control
Mathematical Analysis
3. A modification of a logical relationship that directs a delay in the successor activity.
Program
Prioritized list of quantified risks
Data Precision Ranking
Lag
4. 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.
Control Costs
Change Requests
Prioritized list of quantified risks
Team Building Activities
5. 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.
Subproject
Distribute Information
Earned Value Analysis
Risk Database
6. 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.
Project Cost Management
Procurement performance reviews
Checklists
Group Creativity Techniques
7. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Deliverable
Residual Risks
Simulation
Project Quality Management
8. Special category of revised cost estimates to an approved cost baseline.
Scope Management Plan
Risk management policies
Quantitatively based durations
Prevention vs. Inspections
9. 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
Procurement performance reviews
Budget Updates
Checklists
Constraints
10. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Team Building Activities
Avoidance
Resource Pool Descriptions
Risk Categories
11. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje
Project Scope Management
Team Development
Group Creativity Techniques
Probabilistic Analysis of the project
12. Process of identifying the specific actions to be performed to produce the project deliverables.
Define Activities
Residual Risks
Control Schedule
Product description
13. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Develop Human Resource Plan
Process Adjustments
Interviews
Risk Management Plan
14. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Costs
Procurement performance reviews
Performance Reviews
Contract
15. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Free Float
Program
Resource Calendar
Earned Value Analysis
16. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Determine Budget
Estimate at Completion (EAC)
Focus groups
Project Schedule
17. 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.
Project Charter
Lead
Differences between Operations and Project
Buyer-Seller relationship
18. 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.
Estimate Activity Resources
Checklists
Mandatory Dependencies (or Hard Logic)
Cost Management Plan
19. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Group Decision Making Techniques
Plan Quality
Fast Tracking
Technical performance measurement
20. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Risk Management Plan
Constraints
Project Charter
Project Scope
21. 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
Project Schedule Network Diagrams
Deliverable
Tolerances vs. Control limits
Project Schedule
22. Any numbering system used to uniquely identify each component of the work breakdown structure.
Risk Audits
Identify Risks
Quality Policy
Sensitivity Analysis
23. 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
Risk probability
Facilitated Workshops
Procurement audits
Perform Qualitative Risk Analysis
24. Any modification to the contents of the project plan or the supporting details.
Project Plan Updates
Analogous Estimating / Top-down
Close procurements
Forecasting
25. 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
Conditional Diagramming Methods
Staffing Pool Description
Bottom-up Estimating
Performance Reviews
26. 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
Sub Network / Fragment Network
Workaround plans
Project Quality Management
Analogous Estimating / Top-down
27. 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.
Projectized Organization
Mitigation
Attribute Sampling vs. Variables Sampling
Close procurements
28. Methods used to distribute information to team members and other stakeholders.
Information Distribution Methods
Constraints
Quantitatively based durations
Risk probability
29. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope
Procurement audits
Focus groups
Scope Management Plan
Interviews
30. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Work Results
Project Quality Management
Stakeholder register
Fixed- price contracts
31. 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
Plan Procurements
Communications management plan
Constraints
Free Float
32. Processes and procedures developed for the closing or canceling of projects.
Acceptance
Quality Improvement
Inspection
Phase Exits/ Stage Gates/ Kill Points
33. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.
Project Charter
Analogous Estimating (top-down)
Assumptions
Plan Risk Responses
34. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Plan Quality
Conditional Diagramming Methods
Indirect costs / Overhead costs
Plan Communications
35. A documented list of project team members - their project roles - and communication information.
Project Team Directory
Budget Updates
Organizational Policies
Perform Quantitative Risk Analysis
36. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Precedence Relationships
Procurement negotiations
Interviews
37. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Attribute Sampling vs. Variables Sampling
Precedence Relationships
Program Evaluation and Review Technique (PERT)
Status Review Meetings
38. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Procurement Management Plan
Workaround plans
Schedule updates
Plan Procurements
39. 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.
Project Records
Projectized Organization
Project Quality Management
Contract
40. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Workaround plans
Training
Forecasting
Project Time Management
41. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Procurement negotiations
Project Closeout
Project Files
Project Scope
42. Subdivision of project deliverables into smaller - more manageable components
Scope Change Control System
Decomposition
Control Account
Project Selection Methods
43. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Lead
Project Plan Updates
Sub Network / Fragment Network
Coding Structure
44. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Human Resource Practices
Project Assumption Testing
Free Float
Product Scope
45. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Control Account
Perform Quantitative Risk Analysis
Code of Accounts
Constraints
46. 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.
Project Schedule
Estimate Costs
Collocation
External Dependencies
47. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Develop Human Resource Plan
Checklists
Schedule Compression
Qualified seller lists
48. Factors that limit a buyer's options. E.g. - funds availability
Initiation
Schedule Compression
Constraints
Grade
49. 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
Prioritized list of quantified risks
Project Closeout
Rework
Benchmarking
50. Factors that - for planning purposes - will be considered true - real or certain.
Work Authorization System
Initiation
Develop Human Resource Plan
Assumptions