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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. 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.
Project Management Information Systems (PMIS)
Corrective Action
Mitigation
Performance Reviews
2. Includes the processes that organize - manage - and lead the project team.
Quality Improvement
Sub Network / Fragment Network
Project Human Resource Management
Team Development
3. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Perform Quantitative Risk Analysis
Risk Register
Corrective Action
Product description
4. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Administer procurements
Requirements Documentation
Project Quality Management
Team Building Activities
5. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Project Communications Management
External Dependencies
Design of Experiments (DOE)
Project Files
6. 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.
Schedule Compression
Simulation
Secondary Risks
Free Float
7. 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.
Independent estimates
Interviews
Re-baselining
Identify Stakeholders
8. Processes and procedures developed for the closing or canceling of projects.
Determine Budget
Training
Inspection
Project Schedule Network Diagrams
9. 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.
Graphical Evaluation and Review Technique (GERT)
Code of Accounts
Cost Management Plan
Risk Categories
10. 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.
Scope Management Plan
Product Description
Project Management
Sub Network / Fragment Network
11. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Control Scope
Facilitated Workshops
Project Charter
Earned Value Analysis
12. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Human Resource Practices
Procurement Management Plan
Performance Reports
Flowcharts
13. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Requirements Documentation
Risk management policies
Quality Management Plan
14. The process of determining project stakeholders' information needs and defining a communication approach.
Plan Communications
Observations
Estimate Costs
Functional Organization
15. A project is a temporary endeavor undertaken to create a unique product - service - or result
Make-or-buy analysis
Project
Checklists
Crashing
16. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Risk Consequences
Checklists
Observations
Monitor and Control Risks
17. 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.
Quality Management Plan
Simulation
External Dependencies
Quality Policy
18. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Project Portfolio Management
Project Management
Facilitated Workshops
Activity List
19. Project team must measure itself periodically against the expectations of those outside the project.
Fast Tracking
External Feedback
Rework
Program
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.
Control Account
Pareto Diagram/ Chart
Quality
Work Authorization System
21. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Grade
Triggers
Risk Categories
Sensitivity Analysis
22. Outcome of activities performed to accomplish the project.
Organization Chart
Work Results
Focus groups
Brainstorming
23. Generally used when considerations like technical approach and technical skills are paramount in source selection
Scope Statement
Regulation
Proposal
Communication Requirements Analysis
24. Process of numerically analyzing the effect of identified risks on overall project objectives.
Stakeholder register
Mandatory Dependencies (or Hard Logic)
Focus groups
Perform Quantitative Risk Analysis
25. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Fast Tracking
Project Selection Methods
Projectized Organization
Precedence Relationships
26. 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
Staffing Pool Description
Risk management policies
Constraints
Lessons Learned
27. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Buyer-Seller relationship
Group Creativity Techniques
Collocation
Constraints
28. Documents how requirements will be analyzed - documented - and managed throughout the project
Procurement Management Plan
Requirements Management Plan
Project Management
Change Requests
29. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Activity List
Residual Risks
Subproject
Contract Change Control System
30. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Templates
Define Scope
Documentation Reviews
Procurement Documents
31. Describes the need - justification - requirements - and current boundaries for the project.
Acquire Project Team
Scope baseline
Contingency - Buffer - Reserve
Acceptance
32. Special category of revised cost estimates to an approved cost baseline.
Procurement Statements of Work (SOW)
Prevention vs. Inspections
Regulation
Risk Consequences
33. Technologies or methods to transfer information among project stakeholders.
Checklists
Organization Chart
Communications Technology
Close procurements
34. 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
Rework
Verify Scope
Brainstorming
Pareto Diagram/ Chart
35. Approved modifications to the project schedule that are used to manage the project
Assumptions Analysis
Schedule updates
Critical Path Methodology (CPM)
Sensitivity Analysis
36. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Control Account
Project Communications Management
Report Performance
Probabilistic Analysis of the project
37. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Pareto Diagram/ Chart
Change Control System
Simulation
Project Cost Management
38. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Forecasting
Project Human Resource Management
Cost Management Plan
Plan Risk Responses
39. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Time and Material (T&M) Contracts
Constraints
Sub Network / Fragment Network
Estimate Costs
40. A formal or informal approach to obtain information from stakeholders by talking to them directly
Regulation
Sub Network / Fragment Network
Interviews
Risk
41. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Program
Project Closeout
Procurement resources
Control Scope
42. 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.
Control Scope
Risk Audits
Acquire Project Team
Project Risk Management
43. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Forecasting
Project Cost Management
Earned Value Analysis
Program
44. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Project Assumption Testing
Constraints
Organization Chart
Residual Risks
45. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Probability and impact matrix
Estimate to Complete (ETC)
Estimate at Completion (EAC)
Collect Requirements
46. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.
Distribute Information
Control Costs
Free Float
Performance Reports
47. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Group Decision Making Techniques
Corrective Action
Secondary Risks
Product Analysis
48. Process of developing a detailed description of the project and product
Procurement performance reviews
Process Adjustments
Projectized Organization
Define Scope
49. Methods used to distribute information to team members and other stakeholders.
Coding Structure
Constraints
Information Distribution Methods
Scope Management Plan
50. Processes and procedures developed for the closing or canceling of projects.
Program Evaluation and Review Technique (PERT)
Corrective Action
Project Closeout
Project Records