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. Used to solicit proposals from prospective sellers






2. 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.






3. Used to rate or score seller proposals






4. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.






5. Technologies or methods to transfer information among project stakeholders.






6. 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.






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






8. Probability that a risk will occur.






9. 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






10. 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






11. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






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






13. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.






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






15. Any modification to the agreed upon project scope as defined by the approved WBS






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






17. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






18. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






19. 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






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






21. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.






22. 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.






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






24. Modifications to the cost estimation prepared for the project






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






26. 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






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






28. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.






29. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






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






31. An applicable restriction that will affect the performance of the project/process.






32. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






33. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






34. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






35. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






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






37. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






38. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






39. 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






40. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






41. Process of developing a detailed description of the project and product






42. 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.






43. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






44. 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






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






46. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






47. 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.






48. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac






49. 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.






50. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.