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. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






2. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.






3. Describes how risk management will be structured and performed on the project.






4. Allows for probabilistic treatment of both network logic and activity duration estimates






5. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






6. 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.






7. 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






8. Used to rate or score seller proposals






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






10. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






11. 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.






12. Factors that limit a buyer's options. E.g. - funds availability






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






14. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.






15. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






16. 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






17. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






18. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






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






20. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






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






22. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative






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






24. 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.






25. 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






26. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






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






28. 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.






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






30. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






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






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






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






34. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






35. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






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






37. 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






38. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






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






40. Risks that arise as a direct result of implementing a risk response.






41. 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






42. 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






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






44. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th






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






46. Quantities to be performed for each specific category - and can be used to estimate activity durations






47. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






48. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






49. Documents the characteristics of the product - result - or service which the project is undertaken to create.






50. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold