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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. Special category of revised cost estimates to an approved cost baseline.
Budget Updates
Crashing
Graphical Evaluation and Review Technique (GERT)
Team Building Activities
2. 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.
Sensitivity Analysis
Plan Risk Management
Sequence Activities
Bottom-up Estimating
3. 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.
Cost Management Plan
Work Authorization System
Responsibility Assignment Matrix (RAM)
Risk management policies
4. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Product Description
Time and Material (T&M) Contracts
Define Activities
Group Decision Making Techniques
5. Factors that - for planning purposes - will be considered true - real or certain.
Assumptions
Project Schedule Network Diagrams
Budget Updates
Qualified seller lists
6. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Product Description
Free Float
Proposal
Resource Calendar
7. Describes how risk management will be structured and performed on the project.
Determine Budget
Decision Tree
Risk Management Plan
Project Time Management
8. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Decision Tree
Prioritized list of quantified risks
Templates
Scope baseline
9. Used to rate or score seller proposals
Conditional Diagramming Methods
Source Selection Criteria
External Feedback
Schedule Baseline
10. An applicable restriction that will affect the performance of the project/process.
Constraints
Resource Pool Descriptions
Assumptions Analysis
Organization Breakdown Structure
11. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Human Resource Practices
Resource Pool Descriptions
Analogous Estimating (top-down)
Re-baselining
12. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Report Performance
Group Creativity Techniques
Work Results
Work Results
13. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Work Results
Inspection
Risk Audits
Observations
14. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the
Administer procurements
Budget Updates
Expert Judgment
Project Stakeholders
15. 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.
Verify Scope
Project Procurement Management
Performance Reviews
Project Scope
16. Process of developing a detailed description of the project and product
Organizational Policies
Group Creativity Techniques
Define Scope
Sub Network / Fragment Network
17. Process of identifying the specific actions to be performed to produce the project deliverables.
External Feedback
Define Activities
Benchmarking
Organizational Policies
18. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
Simulation
Checklists
Probabilistic Analysis of the project
External Dependencies
19. 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
Checklists
Expert Judgment
Communications management plan
Avoidance
20. 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.
Rework
Budget Updates
Activity List
Risk Categories
21. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Responsibility Assignment Matrix (RAM)
Inspection
Plan Quality
Procurement negotiations
22. 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
Estimate Costs
Simulation
Quality Policy
Project Procurement Management
23. 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.
Risk Categories
Mandatory Dependencies (or Hard Logic)
Project Planning Methodology
Quality
24. A formal or informal approach to obtain information from stakeholders by talking to them directly
Product Description
Project Files
Interviews
Functional Organization
25. Documents how requirements will be analyzed - documented - and managed throughout the project
Analogous Estimating / Top-down
Requirements Management Plan
Project Management Information Systems (PMIS)
Define Activities
26. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Focus groups
Data Precision Ranking
Matrix Organization
Risk probability
27. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Project Files
Re-baselining
Communications management plan
Perform Quantitative Risk Analysis
28. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Indirect costs / Overhead costs
Estimate at Completion (EAC)
Project Files
Project Assumption Testing
29. 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
To-Complete Performance Index (TCPI)
Estimate to Complete (ETC)
Organization Breakdown Structure
Design of Experiments (DOE)
30. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Estimate Activity Resources
Project Records
Project Team Directory
Product Analysis
31. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.
Observations
Program Evaluation and Review Technique (PERT)
Risk Audits
Project Management Information Systems (PMIS)
32. 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.
Project Plan Updates
Proposals
Project Quality Management
Activity List
33. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.
Critical Path Method
Contract Change Control System
Simulation
Plan Procurements
34. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Formal acceptance and closure
Manage Stakeholder
Corrective Action
Scope Changes
35. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Design of Experiments (DOE)
Organizational Policies
Collocation
Project Files
36. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Scope baseline
Estimate at Completion (EAC)
Project Integration Management
37. 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.
Project Management
Cost Management Plan
Prioritized list of quantified risks
Schedule Compression
38. A documented list of project team members - their project roles - and communication information.
Project Human Resource Management
Source Selection Criteria
Project Team Directory
Project Files
39. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Proposals
Work Authorization System
Perform Quality Control
Project Procurement Management
40. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Functional Organization
Life Cycle Costing
Additional Risk Response Planning
41. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Trend Analysis
Project Communications Management
Distribute Information
Fast Tracking
42. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Functional Organization
Facilitated Workshops
Quality
Scope Statement
43. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Conditional Diagramming Methods
Administer procurements
Time and Material (T&M) Contracts
Buyer-Seller relationship
44. 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
Project Communications Management
Fast Tracking
Risk
Proposal
45. 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.
Quality Metrics
Corrective Action
Re-baselining
Program
46. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Data precision
Risk Register
Project Plan Updates
Estimate Activity Durations
47. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Staffing Requirements
Observations
Product Description
Budget Updates
48. 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
Training
Develop Schedule
Estimate Activity Durations
Functional Organization
49. Risks that arise as a direct result of implementing a risk response.
Prioritized list of quantified risks
Team Development
Checklists
Secondary Risks
50. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Project Charter
Performance Reviews
Time and Material (T&M) Contracts
Risk management policies