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Test your basic knowledge |
CAPM
Start Test
Study First
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 approximating the number of work periods needed to complete individual activities with estimated resources
Phase Exits/ Stage Gates/ Kill Points
Estimate Activity Durations
Project Files
Acquire Project Team
2. Charts that are used to show positions and relationships in a graphical format.
Corrective Action
Organization Chart
Probabilistic Analysis of the project
Project Schedule Network Diagrams
3. 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
Procurement audits
Flowcharts
Plan Procurements
Work Results
4. 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
Crashing
Project Procurement Management
Control Costs
Stakeholder register
5. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Scope Change Control System
Constraints
Fixed- price contracts
Trend Analysis
6. 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.
Analogous Estimating / Top-down
Make-or-buy analysis
Procurement Management Plan
Checklists
7. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Bid / quotation
Product description
Resource Leveling
Configuration Management System
8. Documents how requirements will be analyzed - documented - and managed throughout the project
Inspection
Requirements Management Plan
Conditional Diagramming Methods
Assumptions
9. 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
Risk Audits
Total Float
Project Stakeholders
Project Assumption Testing
10. 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.
Project Time Management
Constraints
Collect Requirements
Project Plan
11. 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.
Plan Risk Responses
Project Quality Management
Pareto Diagram/ Chart
Program Evaluation and Review Technique (PERT)
12. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Communications management plan
Requirements Traceability Matrix
Project Quality Management
Conduct Procurements
13. Processes and procedures developed for the closing or canceling of projects.
Re-baselining
Performance Reports
Control Costs
Project Closeout
14. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Documentation Reviews
Project Communications Management
Inspection
External Dependencies
15. A project is a temporary endeavor undertaken to create a unique product - service - or result
Estimate Costs
Group Creativity Techniques
Plan Quality
Project
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
Contract
Templates
Checklists
Cost Management Plan
17. Any numbering system used to uniquely identify each component of the work breakdown structure.
Inspection
Quality Policy
Develop Schedule
Rework
18. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization
Forecasting
Inspection
Manage Stakeholder
Initiation
19. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Project Communications Management
Project Communications Management
Deliverable
Time and Material (T&M) Contracts
20. 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
Risk Audits
Conduct Procurements
Regulation
Similarities between Operations and Projects
21. 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
To-Complete Performance Index (TCPI)
Project Files
Decision Tree
Plan Risk Management
22. Changing the project management plan to eliminate the threat entirely.
Procurement performance reviews
Lag
Plan Procurements
Avoidance
23. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Manage Stakeholder
Quality Improvement
Grade
Formal acceptance and closure
24. Quantities to be performed for each specific category - and can be used to estimate activity durations
Inspection
Quantitatively based durations
Requirements Management Plan
Parametric Estimating
25. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe
Organization Breakdown Structure
Control Costs
Project Files
Resource Calendar
26. 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.
Constraints
Project Records
Project Procurement Management
Simulation
27. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Acceptance
Product description
Status Review Meetings
Procurement Statements of Work (SOW)
28. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Contingency - Buffer - Reserve
Recruitment Practices
Probabilistic Analysis of the project
Human Resource Practices
29. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Free Float
Focus groups
Procurement negotiations
Fast Tracking
30. 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.
Buyer-Seller relationship
Critical Path Method
Quality Policy
Bid / quotation
31. 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.
Decision Tree
Cost Management Plan
Assumptions
Assumptions Analysis
32. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Process Adjustments
Program
Control Costs
Qualified seller lists
33. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Statistical Sampling
Collocation
Design of Experiments (DOE)
34. Factors that - for planning purposes - will be considered true - real or certain.
Parametric Estimating
Program Evaluation and Review Technique (PERT)
Assumptions
Statistical Sampling
35. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
Project Records
Root Cause Analysis
Assumptions Analysis
External Dependencies
36. Modifications to the cost estimation prepared for the project
Status Review Meetings
Revised Cost Estimates
Risk
Initiation
37. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Procurement performance reviews
Define Activities
Team Development
Mandatory Dependencies (or Hard Logic)
38. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Decision Tree
Scope Change Control System
Work Breakdown Structure (WBS)
Performance Reviews
39. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Contract
Formal acceptance and closure
Organization Breakdown Structure
Work Results
40. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
External Feedback
Risk Register
Determine Budget
Identify Risks
41. Any numbering system used to uniquely identify each component of the work breakdown structure.
Workaround plans
Code of Accounts
Training
Project Schedule
42. 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
Tolerances vs. Control limits
Root Cause Analysis
Mitigation
Scope Management Plan
43. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Information Distribution Methods
Estimate Activity Durations
Training
Plan Risk Management
44. The work that must be done to deliver a product with the specified features and functions
Data Precision Ranking
Analogous Estimating (top-down)
Inspection
Project Scope
45. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Risk probability
Develop Schedule
Project Plan Updates
Communications Technology
46. 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
Project Stakeholders
Mitigation
Performance Reviews
Fixed- price contracts
47. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Proposals
Formal acceptance and closure
Project Communications Management
Project Integration Management
48. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Checklists
Procurement audits
Work Results
Forecasting
49. Technologies or methods to transfer information among project stakeholders.
Program Evaluation and Review Technique (PERT)
Communications Technology
Requirements Documentation
Decomposition
50. Methods used to distribute information to team members and other stakeholders.
Communications management plan
Stakeholder register
Verify Scope
Information Distribution Methods