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. 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.






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






3. 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 -






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






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






6. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans






7. 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.






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






9. 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.






10. 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






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






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. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






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






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






16. 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






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






18. 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.






19. 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






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






21. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






22. 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






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






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






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






26. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






27. Outcome of activities performed to accomplish the project.






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






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






30. 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






31. A table that links requirements to their origin and traces them throughout the project life cycle






32. Modifications to the cost estimation prepared for the project






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






34. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






35. 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






36. 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






37. Used to solicit proposals from prospective sellers






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






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






40. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






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






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






43. 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






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






45. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






46. 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.






47. 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






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






49. 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






50. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.