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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. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Monitor and Control Risks
Trend Analysis
Communications Technology
Critical Path Method
2. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Lag
Prevention vs. Inspections
Risk Consequences
3. 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.
Plan Risk Responses
Collocation
Forecasting
Team Building Activities
4. 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
Buyer-Seller relationship
Estimate Activity Resources
Project Procurement Management
Project Schedule
5. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Differences between Operations and Project
Group Decision Making Techniques
Templates
Data Precision Ranking
6. 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.
Monitor and Control Risks
Schedule Baseline
Critical Path Method
Project Plan
7. Factors that will limit the project management team's options (e.g. - a predefined budget)
Team Development
Constraints
Resource Leveling
Precedence Relationships
8. Allows for probabilistic treatment of both network logic and activity duration estimates
Additional Risk Response Planning
Project Selection Methods
Time and Material (T&M) Contracts
Graphical Evaluation and Review Technique (GERT)
9. Records of previous project results that can be used to identify risks.
Resource Calendar
Earned Value Analysis
Project Files
Performance Reviews
10. Factors that limit a buyer's options. E.g. - funds availability
Constraints
Procurement negotiations
Estimate to Complete (ETC)
Project Files
11. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Assumptions
Quality Policy
Lag
Project Management
12. Special category of revised cost estimates to an approved cost baseline.
Budget Updates
Contract Change Control System
Critical Path Methodology (CPM)
Decomposition
13. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Project Planning Methodology
Project Plan Updates
Collocation
14. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
Lessons Learned
Simulation
Product Description
Quality Improvement
15. Determining which risks may affect the project and documenting their characteristics.
Data Precision Ranking
Identify Risks
Project Quality Management
Activity List
16. 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.
Program Evaluation and Review Technique (PERT)
Procurement Statements of Work (SOW)
Staffing Requirements
Determine Budget
17. 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.
Rework
Projectized Organization
Decision Tree
Cost Management Plan
18. Used to rate or score seller proposals
Staffing Requirements
Schedule Compression
Source Selection Criteria
Product Scope
19. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.
Product Analysis
Project Records
Earned Value Analysis
Work Breakdown Structure (WBS)
20. Documents how requirements will be analyzed - documented - and managed throughout the project
Requirements Management Plan
Report Performance
Sub Network / Fragment Network
Differences between Operations and Project
21. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Product Description
Similarities between Operations and Projects
Project Schedule Network Diagrams
Lag
22. 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.
Contract Change Control System
Collect Requirements
Constraints
Project Stakeholders
23. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Re-baselining
Plan Risk Management
Probabilistic Analysis of the project
Focus groups
24. A requirement imposed by a governmental body and its compliance is mandatory.
Regulation
Sequence Activities
Distribute Information
Risk Audits
25. Features or services that characterize a product - result - or service
Project Scope Management
Product Scope
Stakeholder Analysis
Risk Register
26. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched
Project Time Management
Procurement Management Plan
Verify Scope
Procurement Documents
27. 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
Constraints
Flowcharts
Fast Tracking
Re-baselining
28. The process of determining project stakeholders' information needs and defining a communication approach.
Bid / quotation
Plan Communications
Sensitivity Analysis
Acceptance
29. 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
Risk Categories
Staffing Requirements
Analogous Estimating / Top-down
Control Charts
30. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co
Risk Consequences
Initiation
Stakeholder register
Scope baseline
31. An applicable restriction that will affect the performance of the project/process.
Quality Policy
Simulation
Contingency - Buffer - Reserve
Constraints
32. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Quality Improvement
Procurement performance reviews
Project Files
Develop Human Resource Plan
33. Approved modifications to the project schedule that are used to manage the project
Project Schedule Network Diagrams
Schedule updates
Monitor and Control Risks
Similarities between Operations and Projects
34. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative
Direct costs
Brainstorming
Activity List
Procurement negotiations
35. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v
Project Planning Methodology
Proposals
Project Communications Management
Sensitivity Analysis
36. A project is a temporary endeavor undertaken to create a unique product - service - or result
Simulation
Project
Plan Procurements
Risk Categories
37. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Change Control System
Similarities between Operations and Projects
Prototypes
Procurement performance reviews
38. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Phase Exits/ Stage Gates/ Kill Points
Simulation
Procurement audits
Procurement negotiations
39. Process of numerically analyzing the effect of identified risks on overall project objectives.
Plan Quality
Perform Quantitative Risk Analysis
Estimate Activity Durations
Communications Technology
40. Quantities to be performed for each specific category - and can be used to estimate activity durations
Quantitatively based durations
Project Quality Management
Product Scope
Risk
41. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Initiation
Estimate Activity Resources
Secondary Risks
Project Integration Management
42. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Procurement performance reviews
Resource Pool Descriptions
Process Adjustments
Forecasting
43. Any modification to the agreed upon project scope as defined by the approved WBS
Scope baseline
Scope Changes
Project Management Information Systems (PMIS)
Bidder Conferences
44. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Statistical Sampling
Design of Experiments (DOE)
Product Description
Estimate Activity Resources
45. Factors that - for planning purposes - will be considered true - real or certain.
Fast Tracking
Cost-reimbursable contracts
Assumptions
Constraints
46. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the
Matrix Organization
Source Selection Criteria
Plan Procurements
Project Stakeholders
47. 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
Checklists
Risk Database
Fixed- price contracts
Resource Leveling
48. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Estimate to Complete (ETC)
Verify Scope
Project Management
Develop Schedule
49. 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.
Bidder Conferences
Change Requests
System or Process
Corrective Action
50. 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.
Attribute Sampling vs. Variables Sampling
Sub Network / Fragment Network
Proposals
Additional Risk Response Planning