SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Determine Budget
Project Schedule Network Diagrams
Team Building Activities
Total Float
2. 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.
Coding Structure
To-Complete Performance Index (TCPI)
Risk Audits
Secondary Risks
3. Generally used when considerations like technical approach and technical skills are paramount in source selection
Scope Statement
Identify Risks
Risk
Proposal
4. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Cost-reimbursable contracts
Quality Audit
Collect Requirements
Statistical Sampling
5. An applicable restriction that will affect the performance of the project/process.
Constraints
Phase Exits/ Stage Gates/ Kill Points
Estimate to Complete (ETC)
Develop Schedule
6. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Team Development
Group Creativity Techniques
Conditional Diagramming Methods
7. Includes the processes that organize - manage - and lead the project team.
Forecasting
Project Risk Management
Probabilistic Analysis of the project
Project Human Resource Management
8. 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
Subproject
Plan Communications
Functional Organization
Procurement Management Plan
9. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Parametric Estimating
Procurement Statements of Work (SOW)
Product Description
Risk Audits
10. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Forecasting
Project Planning Methodology
Lead
Probability and impact matrix
11. Used to solicit proposals from prospective sellers
Bottom-up Estimating
Precedence Relationships
Procurement Documents
Estimate Costs
12. 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
Project Planning Methodology
Performance Reviews
Project Procurement Management
Phase Exits/ Stage Gates/ Kill Points
13. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Data precision
Independent estimates
Cost Performance Baseline
Free Float
14. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Project Closeout
Product Analysis
Team Building Activities
Formal acceptance and closure
15. 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
Team Development
Information Distribution Methods
Project Plan
Design of Experiments (DOE)
16. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Quality Management Plan
Probabilistic Analysis of the project
Analogous Estimating (top-down)
Precedence Relationships
17. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.
Probability and impact matrix
Change Requests
Quality Policy
Project
18. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Change Control System
Estimate Costs
Resource Pool Descriptions
Bottom-up Estimating
19. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Plan Procurements
Define Scope
Procurement Management Plan
Control Costs
20. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Benchmarking
Project Risk Management
Scope Statement
Assumptions
21. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Risk Management Plan
Fast Tracking
Prioritized list of quantified risks
Perform Qualitative Risk Analysis
22. It can include correspondence - memos - meeting minutes - and documents describing the project.
Project Management
Cost Performance Baseline
Communication Requirements Analysis
Project Records
23. 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
Bid / quotation
Project Scope Management
Trend Analysis
Scope Management Plan
24. 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.
Performance Reviews
Group Creativity Techniques
Project Plan
Collect Requirements
25. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Grade
Statistical Sampling
Recruitment Practices
Develop Human Resource Plan
26. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.
Risk Audits
Critical Path Method
Define Activities
Time and Material (T&M) Contracts
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
Interviews
Mitigation
Staffing Requirements
Benchmarking
28. 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.
Independent estimates
Project Integration Management
Acquire Project Team
Plan Communications
29. Outcome of activities performed to accomplish the project.
Product description
Product Analysis
Work Results
Plan Procurements
30. 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
Contract Change Control System
Group Creativity Techniques
Project Scope Management
Plan Risk Management
31. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Pareto Diagram/ Chart
Project Scope Management
Product Scope
Procurement performance reviews
32. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.
Code of Accounts
Parametric Estimating
Requirements Documentation
Bidder Conferences
33. Process of identifying the specific actions to be performed to produce the project deliverables.
Risk Audits
Total Float
Focus groups
Define Activities
34. Process of obtaining seller responses - selecting a seller - and awarding a contract
Brainstorming
Quantitatively based durations
Risk Audits
Conduct Procurements
35. 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
Quality Assurance
Project Schedule Network Diagrams
Project Life Cycle
Cost-reimbursable contracts
36. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Perform Quantitative Risk Analysis
Mathematical Analysis
Communications management plan
Templates
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
Project Portfolio Management
Project Cost Management
Communications management plan
Define Activities
38. 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.
Resource Calendar
Procurement file
Contingency - Buffer - Reserve
Control Scope
39. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Project Life Cycle
Templates
Work Authorization System
Resource Leveling
40. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the
Proposal
Contingency - Buffer - Reserve
Re-baselining
Fast Tracking
41. 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.
Matrix Organization
Prototypes
Team Development
Project Procurement Management
42. 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.
Risk Audits
Parametric Estimating
Control Schedule
Additional Risk Response Planning
43. 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
Stakeholder Analysis
Training
Bidder Conferences
Analogous Estimating / Top-down
44. Documents how requirements will be analyzed - documented - and managed throughout the project
Graphical Evaluation and Review Technique (GERT)
Resource Leveling
Scope baseline
Requirements Management Plan
45. Process of defining and documenting stakeholders' needs to meet the project objectives
Communication Requirements Analysis
Collect Requirements
Resource Pool Descriptions
Work Results
46. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Estimate to Complete (ETC)
Earned Value Analysis
Analogous Estimating / Top-down
Procurement file
47. 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.
Develop Schedule
Simulation
Prevention vs. Inspections
Life Cycle Costing
48. 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.
Scope Change Control System
Estimate at Completion (EAC)
Acquire Project Team
Identify Stakeholders
49. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Conditional Diagramming Methods
Code of Accounts
Project Selection Methods
Develop Schedule
50. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Grade
Project Planning Methodology
Cost Management Plan
Project Management