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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. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Scope baseline
Training
Estimate Activity Durations
Lag
2. Describes how individual requirements meet the business need for the project.
Matrix Organization
Requirements Documentation
Plan Risk Responses
Collect Requirements
3. 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
Earned Value Analysis
Project Scope Management
External Dependencies
4. Involves setting a fixed total price for a defined product or service to be provided.
Similarities between Operations and Projects
Change Control System
Quality Assurance
Fixed- price contracts
5. 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.
Define Scope
Requirements Management Plan
Constraints
Project Plan
6. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Plan Quality
Plan Procurements
Change Control System
Project Plan
7. 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.
Report Performance
Project Procurement Management
Attribute Sampling vs. Variables Sampling
Change Requests
8. 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
Assumptions Analysis
Inspection
Resource Pool Descriptions
9. Changing the project management plan to eliminate the threat entirely.
Administer procurements
Additional Risk Response Planning
Transference
Avoidance
10. A table that links requirements to their origin and traces them throughout the project life cycle
Close procurements
Requirements Traceability Matrix
Total Float
Staffing Pool Description
11. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Procurement resources
Statistical Sampling
Project Schedule
Checklists
12. A documented list of project team members - their project roles - and communication information.
Residual Risks
Project Team Directory
Risk Consequences
Plan Risk Management
13. 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
Benchmarking
Project Human Resource Management
Parametric Estimating
Project Cost Management
14. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Scope Statement
Bidder Conferences
Work Authorization System
Organization Breakdown Structure
15. 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
Organizational Policies
Project Management
Data precision
Qualified seller lists
16. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica
Earned Value Analysis
Performance Reviews
Communications management plan
Life Cycle Costing
17. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Identify Risks
Quantitatively based durations
Statistical Sampling
Project Charter
18. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Team Development
Crashing
Work Authorization System
Data Precision Ranking
19. Determining which risks may affect the project and documenting their characteristics.
Identify Risks
Close procurements
Control Schedule
Project Human Resource Management
20. 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.
Functional Organization
Plan Quality
Buyer-Seller relationship
Change Requests
21. 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.
Manage Stakeholder
Plan Risk Responses
Indirect costs / Overhead costs
Assumptions Analysis
22. A requirement imposed by a governmental body and its compliance is mandatory.
Grade
Quality Improvement
Project
Regulation
23. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define
Schedule Compression
Time and Material (T&M) Contracts
Risk Audits
Project Integration Management
24. An applicable restriction that will affect the performance of the project/process.
Code of Accounts
Contract Change Control System
Constraints
Expert Judgment
25. A formal or informal approach to obtain information from stakeholders by talking to them directly
Risk Consequences
To-Complete Performance Index (TCPI)
Interviews
Subproject
26. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Quality Policy
Project Management Information Systems (PMIS)
Requirements Traceability Matrix
Administer procurements
27. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Performance Reports
Risk Register
Perform Quality Control
Group Creativity Techniques
28. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Analogous Estimating (top-down)
Procurement file
Product Description
Quality Management Plan
29. 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
Scope baseline
Project Risk Management
Project
Performance Reviews
30. 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
Project Quality Management
Source Selection Criteria
Project Risk Management
Project Schedule
31. 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.
Inspection
Projectized Organization
Project Risk Management
Budget Updates
32. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Probabilistic Analysis of the project
Acceptance
Recruitment Practices
Sub Network / Fragment Network
33. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe
Brainstorming
Cost Performance Baseline
Procurement audits
Procurement negotiations
34. Methods used to distribute information to team members and other stakeholders.
Information Distribution Methods
Collocation
Scope baseline
Checklists
35. 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
Verify Scope
Analogous Estimating / Top-down
Project Records
Simulation
36. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Change Control System
Project Selection Methods
Conditional Diagramming Methods
Work Results
37. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Project Procurement Management
Schedule Baseline
Root Cause Analysis
Scope Change Control System
38. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Benchmarking
Schedule updates
Formal acceptance and closure
39. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Recruitment Practices
Project Cost Management
Formal acceptance and closure
Procurement performance reviews
40. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Risk Register
Project Cost Management
Statistical Sampling
Collocation
41. Documents how requirements will be analyzed - documented - and managed throughout the project
Differences between Operations and Project
Requirements Management Plan
Bidder Conferences
Prevention vs. Inspections
42. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Project Communications Management
Formal acceptance and closure
Root Cause Analysis
Project Schedule
43. 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
Additional Risk Response Planning
Re-baselining
Perform Quantitative Risk Analysis
44. 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
Project Schedule Network Diagrams
Simulation
Project Plan Updates
Benchmarking
45. 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
Flowcharts
Similarities between Operations and Projects
Stakeholder register
Communications management plan
46. 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)
Communications Technology
Data Precision Ranking
Collect Requirements
47. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Simulation
Close procurements
Project Cost Management
Prototypes
48. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Facilitated Workshops
Project Management
Project Closeout
Coding Structure
49. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.
Procurement Management Plan
Resource Pool Descriptions
Schedule Baseline
Brainstorming
50. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Fast Tracking
Residual Risks
Estimate Activity Resources
Perform Quality Control
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