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. Features or services that characterize a product - result - or service






2. 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.






3. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






4. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang






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






6. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.






7. 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






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






9. Includes the processes that organize - manage - and lead the project team.






10. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






11. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






12. Any modification to the agreed upon project scope as defined by the approved WBS






13. Any numbering system used to uniquely identify each component of the work breakdown structure.






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






15. 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.






16. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson






17. 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






18. A documented list of project team members - their project roles - and communication information.






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






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






22. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






23. 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






24. Subdivision of project deliverables into smaller - more manageable components






25. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.






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






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






28. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the






29. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






30. 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






31. 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.






32. 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.






33. 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.






34. 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






35. Used to rate or score seller proposals






36. 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.






37. 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






38. Meetings held to assess project status and/or progress.






39. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






40. Used to solicit proposals from prospective sellers






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






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






43. The policies - guidelines - or procedures that govern the recruitment of staff.






44. A formal or informal approach to obtain information from stakeholders by talking to them directly






45. Terms used when the source selection decision will be based on price






46. 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






47. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.






48. 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






49. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide






50. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve