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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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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 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
Graphical Evaluation and Review Technique (GERT)
Quality
Earned Value Analysis
Fast Tracking
2. Quantities to be performed for each specific category - and can be used to estimate activity durations
Develop Human Resource Plan
Quantitatively based durations
Collect Requirements
Secondary Risks
3. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Precedence Relationships
Documentation Reviews
Estimate Activity Resources
Free Float
4. It can include correspondence - memos - meeting minutes - and documents describing the project.
Project Records
Grade
Procurement performance reviews
To-Complete Performance Index (TCPI)
5. 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.
Buyer-Seller relationship
Deliverable
Project Selection Methods
Bidder Conferences
6. The work that must be done to deliver a product with the specified features and functions
Interviews
Project Scope
Control Charts
Cost Performance Baseline
7. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Fast Tracking
External Feedback
Bottom-up Estimating
Acquire Project Team
8. 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
Plan Risk Responses
Work Results
Direct costs
Parametric Estimating
9. 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 -
Documentation Reviews
System or Process
Technical performance measurement
Analogous Estimating / Top-down
10. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Revised Cost Estimates
Forecasting
Deliverable
Estimate Activity Durations
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
Constraints
Performance Reviews
Scope Management Plan
Benchmarking
12. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Resource Calendar
Project Human Resource Management
Focus groups
Estimate to Complete (ETC)
13. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.
Lag
Distribute Information
Contract Change Control System
Quality Improvement
14. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
Project Charter
Group Decision Making Techniques
Critical Path Method
Prioritized list of quantified risks
15. 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.
Pareto Diagram/ Chart
Tolerances vs. Control limits
Perform Quantitative Risk Analysis
Free Float
16. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Group Decision Making Techniques
Rework
Status Review Meetings
Group Creativity Techniques
17. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Interviews
Organizational Policies
Schedule Baseline
Checklists
18. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Brainstorming
Report Performance
Project Charter
Statistical Sampling
19. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Qualified seller lists
Project Files
Product Scope
Change Control System
20. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.
Precedence Relationships
Stakeholder Analysis
Project Management Information Systems (PMIS)
Project Quality Management
21. 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.
Identify Stakeholders
Additional Risk Response Planning
Schedule Compression
Deliverable
22. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans
Resource Calendar
Similarities between Operations and Projects
Quality Assurance
Checklists
23. 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.
Flowcharts
Additional Risk Response Planning
Triggers
Brainstorming
24. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Benchmarking
Contingency - Buffer - Reserve
Project Cost Management
Lessons Learned
25. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Documentation Reviews
Forecasting
Plan Procurements
Deliverable
26. 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.
Estimate to Complete (ETC)
Develop Human Resource Plan
Project Scope Management
Subproject
27. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Cost Performance Baseline
Communications management plan
Probabilistic Analysis of the project
Resource Leveling
28. A modification of a logical relationship that directs a delay in the successor activity.
Product Analysis
Proposals
Lag
Inspection
29. 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
Manage Stakeholder
Work Authorization System
Functional Organization
30. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Report Performance
Sequence Activities
Project Schedule
Regulation
31. Processes and procedures developed for the closing or canceling of projects.
Project Closeout
Project Scope Management
Acquire Project Team
Develop Human Resource Plan
32. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Work Results
Observations
Direct costs
Staffing Requirements
33. 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
Estimate Costs
Sensitivity Analysis
Mitigation
Attribute Sampling vs. Variables Sampling
34. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Communication Requirements Analysis
Project Human Resource Management
Quality Audit
Corrective Action
35. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Facilitated Workshops
Cost Management Plan
Bottom-up Estimating
Product description
36. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Total Float
Workaround plans
Brainstorming
Prototypes
37. 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 - knowledg
Risk Register
Indirect costs / Overhead costs
Expert Judgment
Forecasting
38. Process of defining how to conduct risk management activities for a project.
Control Charts
Risk Consequences
Plan Risk Management
Human Resource Practices
39. Factors that - for planning purposes - will be considered true - real or certain.
Assumptions
Process Adjustments
Plan Procurements
Deliverable
40. 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.
Project Quality Management
Critical Path Method
Scope Change Control System
Workaround plans
41. Risks that arise as a direct result of implementing a risk response.
Status Review Meetings
Sequence Activities
Requirements Documentation
Secondary Risks
42. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Project Schedule Network Diagrams
Inspection
Group Decision Making Techniques
Perform Quality Control
43. A formal or informal approach to obtain information from stakeholders by talking to them directly
Interviews
Program
Prioritized list of quantified risks
Human Resource Practices
44. Any modification to the contents of the project plan or the supporting details.
Project Plan Updates
Develop Schedule
Project Life Cycle
Inspection
45. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Program
Responsibility Assignment Matrix (RAM)
Process Adjustments
Constraints
46. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Determine Budget
Define Scope
Contract
Resource Pool Descriptions
47. Factors that will limit the project management team's options (e.g. - a predefined budget)
Recruitment Practices
Develop Schedule
Assumptions Analysis
Constraints
48. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Identify Risks
Program Evaluation and Review Technique (PERT)
Lead
Expert Judgment
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.
Procurement file
Quantitatively based durations
Quality Management Plan
Risk Audits
50. 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.
Forecasting
To-Complete Performance Index (TCPI)
Schedule Baseline
Phase Exits/ Stage Gates/ Kill Points
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