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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






2. 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 -






3. 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






4. 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






5. 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.






6. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.






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






8. 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.






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






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






11. Factors that - for planning purposes - will be considered true - real or certain.






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






13. 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






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






15. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






16. 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.






17. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






18. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.






19. 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






20. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






21. Collection of generally sequential project phases.






22. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






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






24. 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






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






26. 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.






27. Modifications to the cost estimation prepared for the project






28. 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






29. 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.






30. Factors which - for planning purposes - are considered to be true - real or certain.






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






32. Describes the need - justification - requirements - and current boundaries for the project.






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






34. 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.






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






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






37. 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






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






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






40. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






41. 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






42. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






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






44. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.






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






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






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






48. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.






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






50. 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.







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