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. Technique to evaluate the degree to which data about risks is useful for risk management.






2. 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.






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






4. 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.






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






6. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






7. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






8. 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.






9. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






10. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.






11. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






12. 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






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






14. Involves immediate corrective or preventive action as a consequence of quality control measurements.






15. Features or services that characterize a product - result - or service






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






17. 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






18. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






19. Process of formalizing acceptance of the completed project deliverables






20. 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.






21. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana






22. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.






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






24. Used to rate or score seller proposals






25. 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






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






27. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






28. Process of numerically analyzing the effect of identified risks on overall project objectives.






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






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






31. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






32. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.






33. The work that must be done to deliver a product with the specified features and functions






34. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.






35. 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






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






37. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con






38. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






39. 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.






40. 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.






41. 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






42. Modifications to the cost estimation prepared for the project






43. 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






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






45. 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.






46. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






47. Describes how individual requirements meet the business need for the project.






48. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






49. Documents the characteristics of the product - result - or service which the project is undertaken to create.






50. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.