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. The process of determining project stakeholders' information needs and defining a communication approach.






2. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






3. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






4. 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






5. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






6. Approved modifications to the project schedule that are used to manage the project






7. 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






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






9. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






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






11. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






12. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec






13. 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






14. 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.






15. 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.






16. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.






17. Any modification to the contents of the project plan or the supporting details.






18. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






19. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






20. Special category of revised cost estimates to an approved cost baseline.






21. 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






22. The process of approximating the number of work periods needed to complete individual activities with estimated resources






23. Factors that will limit the project management team's options (e.g. - a predefined budget)






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






25. 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






26. An applicable restriction that will affect the performance of the project/process.






27. Describes how individual requirements meet the business need for the project.






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






29. 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






30. 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






31. 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






32. 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.






33. Considers the characteristics of those prospective staff who are available to join the project team.






34. 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.






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






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






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






38. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r






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






40. 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.






41. 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






42. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.






43. Special category of revised cost estimates to an approved cost baseline.






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






45. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






46. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






47. 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 - knowledg






48. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






49. 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.






50. Technologies or methods to transfer information among project stakeholders.