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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. Methods used to distribute information to team members and other stakeholders.
Secondary Risks
Matrix Organization
Information Distribution Methods
Quality
2. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Time and Material (T&M) Contracts
Cost-reimbursable contracts
Product Scope
Project Communications Management
3. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.
Quality
Group Creativity Techniques
Contract
Develop Schedule
4. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo
Group Creativity Techniques
Perform Quality Control
Staffing Pool Description
Configuration Management System
5. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Identify Risks
Procurement performance reviews
Manage Stakeholder
Plan Risk Responses
6. Charts that are used to show positions and relationships in a graphical format.
System or Process
Risk Database
Organization Chart
Projectized Organization
7. Meetings held to assess project status and/or progress.
Performance Reviews
Matrix Organization
Re-baselining
Risk
8. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Monitor and Control Risks
Staffing Pool Description
Schedule Baseline
Facilitated Workshops
9. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje
Control Scope
Regulation
Team Development
Acquire Project Team
10. 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
Bid / quotation
Subproject
Initiation
Project Plan
11. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform
Analogous Estimating (top-down)
Corrective Action
Scope Changes
Project Portfolio Management
12. The work that must be done to deliver a product with the specified features and functions
Project Scope
Recruitment Practices
Coding Structure
Formal acceptance and closure
13. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Procurement performance reviews
Prototypes
Quality Audit
Risk Database
14. A project is a temporary endeavor undertaken to create a unique product - service - or result
Stakeholder register
Regulation
Project Files
Project
15. Modifications to the cost estimation prepared for the project
Risk Management Plan
Contingency - Buffer - Reserve
Revised Cost Estimates
Forecasting
16. 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
Risk probability
Sensitivity Analysis
Focus groups
Project Risk Management
17. Features or services that characterize a product - result - or service
Project Communications Management
Requirements Management Plan
Product Scope
Attribute Sampling vs. Variables Sampling
18. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Proposal
Constraints
Estimate to Complete (ETC)
Constraints
19. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.
Product Analysis
Additional Risk Response Planning
Templates
Formal acceptance and closure
20. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Product Description
Procurement negotiations
Risk Database
Requirements Traceability Matrix
21. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Project Time Management
Mandatory Dependencies (or Hard Logic)
Data precision
Documentation Reviews
22. Used to rate or score seller proposals
Source Selection Criteria
Product Analysis
Manage Stakeholder
Process Adjustments
23. 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.
Observations
Assumptions Analysis
To-Complete Performance Index (TCPI)
Assumptions
24. Process of identifying the specific actions to be performed to produce the project deliverables.
Organizational Policies
Stakeholder register
Fast Tracking
Define Activities
25. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Sensitivity Analysis
Risk Register
Project Life Cycle
Project
26. 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.
Plan Risk Management
Estimate Activity Resources
Change Requests
Prioritized list of quantified risks
27. 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
Analogous Estimating / Top-down
Coding Structure
Make-or-buy analysis
Collocation
28. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Facilitated Workshops
Graphical Evaluation and Review Technique (GERT)
Project Scope Management
Triggers
29. A table that links requirements to their origin and traces them throughout the project life cycle
Requirements Traceability Matrix
Statistical Sampling
Procurement file
Cost Management Plan
30. 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
Stakeholder Analysis
Inspection
Project Quality Management
Similarities between Operations and Projects
31. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Project Life Cycle
Code of Accounts
Group Creativity Techniques
Organization Breakdown Structure
32. 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.
Sub Network / Fragment Network
Total Float
Mitigation
Requirements Management Plan
33. 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
Cost Performance Baseline
Plan Risk Management
Project Team Directory
Mitigation
34. Considers the characteristics of those prospective staff who are available to join the project team.
Lead
Prototypes
Staffing Pool Description
Define Scope
35. 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.
Project Risk Management
Project Quality Management
Change Requests
Identify Stakeholders
36. The policies - guidelines - or procedures that govern the recruitment of staff.
Communications Technology
Mathematical Analysis
Recruitment Practices
Performance Reports
37. Approved modifications to the project schedule that are used to manage the project
Make-or-buy analysis
Matrix Organization
Code of Accounts
Schedule updates
38. A modification of a logical relationship that directs a delay in the successor activity.
Product Scope
Initiation
Assumptions Analysis
Lag
39. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Matrix Organization
Quality Metrics
Benchmarking
Procurement Statements of Work (SOW)
40. 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
Stakeholder register
Project Integration Management
Flowcharts
Develop Schedule
41. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.
Project Cost Management
Life Cycle Costing
Buyer-Seller relationship
Human Resource Practices
42. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Critical Path Methodology (CPM)
Manage Stakeholder
Scope Change Control System
Checklists
43. Probability that a risk will occur.
Define Scope
Risk probability
Group Creativity Techniques
Fast Tracking
44. 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.
Life Cycle Costing
Project Time Management
Constraints
Sequence Activities
45. Special category of revised cost estimates to an approved cost baseline.
Prevention vs. Inspections
Parametric Estimating
Process Adjustments
Project Schedule
46. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Functional Organization
Crashing
Control Scope
Estimate at Completion (EAC)
47. 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.
Technical performance measurement
Training
Independent estimates
Mathematical Analysis
48. Quantities to be performed for each specific category - and can be used to estimate activity durations
Matrix Organization
Quantitatively based durations
Rework
Projectized Organization
49. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities
Procurement resources
Make-or-buy analysis
Project Files
Recruitment Practices
50. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Resource Calendar
Project Human Resource Management
Stakeholder Analysis
Project Selection Methods