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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. Approved modifications to the project schedule that are used to manage the project
Performance Reports
Collect Requirements
Schedule updates
Project Files
2. 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.
Make-or-buy analysis
Control Costs
Additional Risk Response Planning
Organization Chart
3. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.
Contract Change Control System
Project Cost Management
Attribute Sampling vs. Variables Sampling
Perform Qualitative Risk Analysis
4. Project team must measure itself periodically against the expectations of those outside the project.
Risk Management Plan
Schedule Baseline
Procurement audits
External Feedback
5. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Buyer-Seller relationship
Quantitatively based durations
Probabilistic Analysis of the project
Project Time Management
6. 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
Requirements Traceability Matrix
Make-or-buy analysis
Project Management
Project Schedule
7. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Initiation
Plan Communications
Re-baselining
Work Authorization System
8. 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
Technical performance measurement
Project Files
Project Time Management
Procurement audits
9. A requirement imposed by a governmental body and its compliance is mandatory.
Regulation
Make-or-buy analysis
Lead
Communications Technology
10. 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.
Product description
Differences between Operations and Project
Change Requests
Monitor and Control Risks
11. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Decision Tree
Estimate Activity Durations
Project Stakeholders
Identify Stakeholders
12. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.
Performance Reviews
Schedule Baseline
Free Float
Project Management
13. 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.
Checklists
Contract
Pareto Diagram/ Chart
Change Requests
14. 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
Cost Management Plan
Project Communications Management
Plan Risk Responses
Functional Organization
15. 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.
Conditional Diagramming Methods
Performance Reports
Fixed- price contracts
Mathematical Analysis
16. Changing the project management plan to eliminate the threat entirely.
Prioritized list of quantified risks
Cost Performance Baseline
Product Analysis
Avoidance
17. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Life Cycle Costing
Residual Risks
Assumptions
Resource Pool Descriptions
18. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Regulation
Indirect costs / Overhead costs
Forecasting
Acquire Project Team
19. Any numbering system used to uniquely identify each component of the work breakdown structure.
Prototypes
Facilitated Workshops
Scope Change Control System
Quality Policy
20. 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.
Project Files
Control Schedule
Control Charts
Project Quality Management
21. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.
Rework
Manage Stakeholder
Lead
Quality Policy
22. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Group Decision Making Techniques
Independent estimates
Project Stakeholders
Estimate Costs
23. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Secondary Risks
Manage Stakeholder
Recruitment Practices
Additional Risk Response Planning
24. Describes how risk management will be structured and performed on the project.
Bottom-up Estimating
Project
Constraints
Risk Management Plan
25. Charts that are used to show positions and relationships in a graphical format.
Source Selection Criteria
Risk probability
Project Portfolio Management
Organization Chart
26. 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
Control Charts
Project Plan Updates
Precedence Relationships
Administer procurements
27. 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.
Administer procurements
Cost Management Plan
Buyer-Seller relationship
Plan Procurements
28. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Procurement Management Plan
Estimate Costs
Data Precision Ranking
Sequence Activities
29. Process of developing a detailed description of the project and product
Project Quality Management
Close procurements
Define Scope
Risk Management Plan
30. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project Files
Assumptions
Quality Management Plan
Project
31. 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
Project Management Information Systems (PMIS)
Project Portfolio Management
Secondary Risks
Procurement performance reviews
32. 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.
Change Requests
Team Development
Budget Updates
Assumptions Analysis
33. A table that links requirements to their origin and traces them throughout the project life cycle
Quality
Requirements Traceability Matrix
Process Adjustments
Project Management
34. Involves developing a better understanding of the product of the project
Project Quality Management
Product Analysis
Quality Audit
Root Cause Analysis
35. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Mitigation
Project Files
Risk Register
Product description
36. 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.
Work Results
Group Decision Making Techniques
Prioritized list of quantified risks
Perform Quality Control
37. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Subproject
Scope Statement
Estimate to Complete (ETC)
Plan Risk Responses
38. Effect on project objectives if the risk event occurs.
Project Plan Updates
Risk Consequences
Plan Quality
Project Risk Management
39. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start
Constraints
Project Quality Management
Precedence Relationships
Procurement Management Plan
40. 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.
Proposal
Product Analysis
Make-or-buy analysis
Sensitivity Analysis
41. Collection of generally sequential project phases.
Conditional Diagramming Methods
Project Life Cycle
Differences between Operations and Project
Risk
42. 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
Constraints
Matrix Organization
Indirect costs / Overhead costs
Triggers
43. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Crashing
Project Procurement Management
Proposals
Mandatory Dependencies (or Hard Logic)
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
Benchmarking
Total Float
Human Resource Practices
Project Charter
45. 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
Constraints
Formal acceptance and closure
Fast Tracking
Risk management policies
46. 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
Work Breakdown Structure (WBS)
Control Scope
Risk Audits
47. Describes the need - justification - requirements - and current boundaries for the project.
Forecasting
Scope baseline
Flowcharts
Project Portfolio Management
48. Documents how requirements will be analyzed - documented - and managed throughout the project
Life Cycle Costing
Requirements Management Plan
Interviews
Team Development
49. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Perform Quality Control
Brainstorming
Checklists
Prototypes
50. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Develop Human Resource Plan
Project Integration Management
Project Plan Updates
Project Stakeholders