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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 work that must be done to deliver a product with the specified features and functions






2. 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.






3. A formal or informal approach to obtain information from stakeholders by talking to them directly






4. 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






5. A documented list of project team members - their project roles - and communication information.






6. Focused sessions that bring key cross-functional stakeholders together to define product requirements






7. 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






8. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






9. Describes the need - justification - requirements - and current boundaries for the project.






10. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






11. 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.






12. Any modification to the contents of the project plan or the supporting details.






13. 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.






14. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






15. 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.






16. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project






17. 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






18. 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.






19. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.






20. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.






21. 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.






22. Generally used when considerations like technical approach and technical skills are paramount in source selection






23. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






24. 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.






25. 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.






26. 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.






27. Process of defining and documenting stakeholders' needs to meet the project objectives






28. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






29. 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






30. 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






31. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






32. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






33. 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.






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






35. 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.






36. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






37. Modifications to the cost estimation prepared for the project






38. 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






39. 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.






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






41. 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.






42. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.






43. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities






44. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






45. Charts that are used to show positions and relationships in a graphical format.






46. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






47. Features or services that characterize a product - result - or service






48. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






49. 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






50. 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.






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