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






2. 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






3. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






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






5. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews






6. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






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






8. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






9. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.






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.






11. Methods used to distribute information to team members and other stakeholders.






12. Factors that - for planning purposes - will be considered true - real or certain.






13. Process of identifying the specific actions to be performed to produce the project deliverables.






14. 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






15. Process of formalizing acceptance of the completed project deliverables






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






17. 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






18. Involves developing a better understanding of the product of the project






19. 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.






20. 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






21. Describes the need - justification - requirements - and current boundaries for the project.






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






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






25. Modifications to the cost estimation prepared for the project






26. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






27. 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.






28. 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.






29. Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education - knowledg






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






31. 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






32. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.






33. 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






34. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






35. 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.






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






37. 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






38. 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






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






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






41. Process of defining how to conduct risk management activities for a project.






42. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope






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






44. Generally used when considerations like technical approach and technical skills are paramount in source selection






45. Describes how risk management will be structured and performed on the project.






46. 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






47. 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.






48. 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






49. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






50. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.