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CAPM
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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study here
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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 identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Documentation Reviews
Product Analysis
Project Charter
Risk Register
2. Charts/ 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 -
Report Performance
Resource Calendar
System or Process
Graphical Evaluation and Review Technique (GERT)
3. 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
Communication Requirements Analysis
Project Integration Management
Project Communications Management
Buyer-Seller relationship
4. 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
Assumptions
Procurement audits
Manage Stakeholder
Risk Consequences
5. 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.
Project Team Directory
Estimate at Completion (EAC)
Lag
Re-baselining
6. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Plan Risk Management
Quality Improvement
Project Human Resource Management
Additional Risk Response Planning
7. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Checklists
Develop Schedule
Develop Human Resource Plan
Re-baselining
8. 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.
Contract Change Control System
Identify Stakeholders
Lag
Regulation
9. The policies - guidelines - or procedures that govern the recruitment of staff.
Control Costs
Resource Calendar
Contingency - Buffer - Reserve
Recruitment Practices
10. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Communication Requirements Analysis
Plan Procurements
Procurement performance reviews
Facilitated Workshops
11. Factors that - for planning purposes - will be considered true - real or certain.
Project Portfolio Management
Assumptions
Workaround plans
System or Process
12. Considers the characteristics of those prospective staff who are available to join the project team.
Plan Risk Management
Re-baselining
Staffing Pool Description
Project Schedule
13. 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
Training
Cost Performance Baseline
Subproject
Similarities between Operations and Projects
14. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Organizational Policies
Design of Experiments (DOE)
Critical Path Method
Project Quality Management
15. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Time and Material (T&M) Contracts
Assumptions
Coding Structure
Procurement resources
16. 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.
Distribute Information
Re-baselining
Plan Communications
Manage Stakeholder
17. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Scope Changes
Resource Pool Descriptions
Project
Residual Risks
18. 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 Risk Management
Close procurements
Schedule Compression
Project Records
19. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Checklists
Project Procurement Management
Additional Risk Response Planning
Schedule Compression
20. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Project Records
Workaround plans
Probabilistic Analysis of the project
Resource Calendar
21. Collection of generally sequential project phases.
Project Human Resource Management
Procurement negotiations
Project Life Cycle
Make-or-buy analysis
22. 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.
Projectized Organization
Project Procurement Management
Qualified seller lists
Project Planning Methodology
23. Quantities to be performed for each specific category - and can be used to estimate activity durations
Organization Chart
Quantitatively based durations
Flowcharts
Project Time Management
24. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Secondary Risks
Manage Stakeholder
Team Development
Requirements Management Plan
25. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Work Results
Differences between Operations and Project
Direct costs
Re-baselining
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.
Expert Judgment
Decision Tree
Technical performance measurement
Critical Path Method
27. Modifications to the cost estimation prepared for the project
Project Schedule Network Diagrams
Perform Quality Control
Re-baselining
Precedence Relationships
28. 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
Documentation Reviews
Constraints
Procurement performance reviews
Checklists
29. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.
Simulation
Performance Reports
Sub Network / Fragment Network
Risk Consequences
30. Factors which - for planning purposes - are considered to be true - real or certain.
Workaround plans
Assumptions
Tolerances vs. Control limits
Constraints
31. Process of numerically analyzing the effect of identified risks on overall project objectives.
Decomposition
Work Breakdown Structure (WBS)
Perform Quantitative Risk Analysis
Estimate at Completion (EAC)
32. Describes the need - justification - requirements - and current boundaries for the project.
Quality Metrics
Product Analysis
Project Human Resource Management
Scope baseline
33. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Project Plan
Distribute Information
Work Results
Decision Tree
34. 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.
Performance Reviews
Project Files
Control Charts
Make-or-buy analysis
35. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Prototypes
Tolerances vs. Control limits
Checklists
Product description
36. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
To-Complete Performance Index (TCPI)
Pareto Diagram/ Chart
Close procurements
Activity List
37. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w
Communication Requirements Analysis
Work Results
Similarities between Operations and Projects
Perform Qualitative Risk Analysis
38. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Life Cycle Costing
Acquire Project Team
Administer procurements
Constraints
39. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Triggers
Revised Cost Estimates
Graphical Evaluation and Review Technique (GERT)
Simulation
40. 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
Quantitatively based durations
Simulation
Perform Qualitative Risk Analysis
Inspection
41. 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
Functional Organization
Inspection
Project Life Cycle
Conditional Diagramming Methods
42. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Free Float
Plan Procurements
Identify Risks
Assumptions Analysis
43. 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
Perform Qualitative Risk Analysis
Project Team Directory
Change Requests
44. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Procurement negotiations
Prevention vs. Inspections
Fixed- price contracts
Recruitment Practices
45. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Inspection
Project Records
Project Plan
Revised Cost Estimates
46. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Schedule updates
Staffing Requirements
Residual Risks
Estimate to Complete (ETC)
47. Allows for probabilistic treatment of both network logic and activity duration estimates
Revised Cost Estimates
Inspection
Verify Scope
Graphical Evaluation and Review Technique (GERT)
48. 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.
Verify Scope
Crashing
Performance Reports
Project Plan
49. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Mitigation
Indirect costs / Overhead costs
Cost-reimbursable contracts
Resource Pool Descriptions
50. 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.
Bid / quotation
Tolerances vs. Control limits
Risk Audits
Buyer-Seller relationship
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