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CAPM
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Subjects
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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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. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Pareto Diagram/ Chart
Change Control System
Constraints
Direct costs
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.
Risk Audits
Assumptions
Bottom-up Estimating
Product Scope
3. 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
Organization Breakdown Structure
Critical Path Methodology (CPM)
Probabilistic Analysis of the project
Flowcharts
4. 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.
Project Quality Management
Budget Updates
Attribute Sampling vs. Variables Sampling
Estimate to Complete (ETC)
5. 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.
Project Schedule Network Diagrams
Project Selection Methods
Status Review Meetings
Performance Reviews
6. 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
Transference
Triggers
Project
Bottom-up Estimating
7. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Resource Leveling
Program Evaluation and Review Technique (PERT)
Project Risk Management
Procurement file
8. 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
Collect Requirements
Acquire Project Team
Project Schedule
Project Files
9. The process of determining project stakeholders' information needs and defining a communication approach.
Plan Communications
Project Communications Management
Attribute Sampling vs. Variables Sampling
Information Distribution Methods
10. 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.
Bid / quotation
Projectized Organization
Risk Register
Critical Path Methodology (CPM)
11. 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
Scope Management Plan
Risk
Work Authorization System
Project Planning Methodology
12. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Projectized Organization
Project Quality Management
Plan Communications
Mitigation
13. 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
Information Distribution Methods
Project Cost Management
Benchmarking
Scope Changes
14. 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
Verify Scope
Matrix Organization
Resource Pool Descriptions
Functional Organization
15. Any modification to the contents of the project plan or the supporting details.
Scope Change Control System
Independent estimates
Project Plan Updates
Grade
16. Outcome of activities performed to accomplish the project.
Constraints
Subproject
Work Results
Qualified seller lists
17. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si
Documentation Reviews
Matrix Organization
Lead
Fast Tracking
18. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Risk Categories
Distribute Information
Quality Policy
Project Schedule Network Diagrams
19. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Quality Metrics
Inspection
Information Distribution Methods
Monitor and Control Risks
20. 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
Project Human Resource Management
Simulation
Project Files
Stakeholder Analysis
21. 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.
Procurement Documents
Process Adjustments
Identify Stakeholders
Corrective Action
22. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers
Interviews
Estimate Costs
Buyer-Seller relationship
Qualified seller lists
23. Approved modifications to the project schedule that are used to manage the project
Inspection
Schedule updates
Risk probability
Scope Statement
24. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Define Scope
Coding Structure
Project Communications Management
Develop Schedule
25. 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.
Re-baselining
Requirements Traceability Matrix
Procurement Documents
Proposals
26. 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.
Program
Quantitatively based durations
Sequence Activities
Requirements Management Plan
27. Factors which - for planning purposes - are considered to be true - real or certain.
Procurement performance reviews
Resource Calendar
Assumptions
Manage Stakeholder
28. Used to rate or score seller proposals
Source Selection Criteria
Procurement file
Perform Quantitative Risk Analysis
Project Communications Management
29. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Data precision
Define Activities
Project Cost Management
Free Float
30. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r
Human Resource Practices
Define Activities
Buyer-Seller relationship
Project Risk Management
31. Records of previous project results that can be used to identify risks.
Flowcharts
Parametric Estimating
Project Files
Scope baseline
32. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Performance Reviews
Project Planning Methodology
Resource Pool Descriptions
Resource Calendar
33. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Project Management Information Systems (PMIS)
Mathematical Analysis
Prevention vs. Inspections
Quality Policy
34. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Project Charter
Acquire Project Team
Work Results
Project Assumption Testing
35. It can include correspondence - memos - meeting minutes - and documents describing the project.
Define Activities
Project Records
Perform Quantitative Risk Analysis
Projectized Organization
36. 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
Administer procurements
Quality Audit
Project Schedule Network Diagrams
Cost Performance Baseline
37. Methods used to distribute information to team members and other stakeholders.
Estimate Costs
Forecasting
Contingency - Buffer - Reserve
Information Distribution Methods
38. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Templates
Status Review Meetings
Organizational Policies
Information Distribution Methods
39. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Project Communications Management
Decomposition
Estimate Activity Durations
Project Cost Management
40. 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
Responsibility Assignment Matrix (RAM)
Brainstorming
Program
Recruitment Practices
41. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Subproject
Critical Path Methodology (CPM)
Risk Categories
System or Process
42. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Risk Consequences
Trend Analysis
Risk Management Plan
Simulation
43. 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.
Deliverable
Design of Experiments (DOE)
Contract Change Control System
System or Process
44. Describes the need - justification - requirements - and current boundaries for the project.
Team Building Activities
Cost-reimbursable contracts
Documentation Reviews
Scope baseline
45. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
To-Complete Performance Index (TCPI)
Project Procurement Management
Precedence Relationships
Estimate Activity Resources
46. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Project Human Resource Management
Formal acceptance and closure
Program Evaluation and Review Technique (PERT)
Lessons Learned
47. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Product Analysis
Probability and impact matrix
Parametric Estimating
Human Resource Practices
48. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Project Closeout
Report Performance
Total Float
System or Process
49. 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.
Control Costs
Cost Management Plan
Training
Perform Qualitative Risk Analysis
50. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
Acceptance
Risk Database
Quality Management Plan
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