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. 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






2. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.






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






4. 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






5. 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.






6. 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






7. 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






8. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






9. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.






10. 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






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






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






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






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






15. Modifications to the cost estimation prepared for the project






16. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






17. 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






18. 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.






19. 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.






20. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






21. 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






22. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






23. 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






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






25. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.






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






27. Changing the project management plan to eliminate the threat entirely.






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






29. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned






30. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






31. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






32. 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






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






34. Outcome of activities performed to accomplish the project.






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






36. Any numbering system used to uniquely identify each component of the work breakdown structure.






37. A formal or informal approach to obtain information from stakeholders by talking to them directly






38. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.






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






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






41. 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






42. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.






43. 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.






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






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






46. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






47. 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.






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






49. 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.






50. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.