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






2. 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






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






4. 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.






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






6. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






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






8. Determining which risks may affect the project and documenting their characteristics.






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






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






11. Involves developing a better understanding of the product of the project






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






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






14. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






15. Processes and procedures developed for the closing or canceling of projects.






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






17. Modifications to the cost estimation prepared for the project






18. 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






19. 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






20. 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.






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






22. 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






23. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






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






25. 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.






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






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






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






29. Outcome of activities performed to accomplish the project.






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






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






32. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






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






34. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






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






36. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.






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






38. Collection of generally sequential project phases.






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






40. 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.






41. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.






42. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






43. 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






44. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v






45. 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.






46. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.






47. Used to solicit proposals from prospective sellers






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






49. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






50. 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