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. 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.






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






3. 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






4. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






5. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.






6. Process of numerically analyzing the effect of identified risks on overall project objectives.






7. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology






8. Process of developing a detailed description of the project and product






9. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






10. 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






11. 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






12. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






13. 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 -






14. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






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






16. A modification of a logical relationship that directs a delay in the successor activity.






17. 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.






18. Effect on project objectives if the risk event occurs.






19. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.






20. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






21. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






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






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






24. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






25. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






26. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co






27. 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






28. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization






29. 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.






30. Records of previous project results that can be used to identify risks.






31. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






32. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






33. 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






34. 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.






35. 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






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






37. 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.






38. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






39. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned






40. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






41. 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.






42. 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






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






44. 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.






45. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w






46. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






47. An estimating technique that uses a statistical relationship between historical data and other variables to calculate an estimate for activity parameters - such as scope - cost - budget - and duration. An example for the cost parameter is multiplying






48. 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.






49. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






50. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o