Test your basic knowledge |

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. 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.






2. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






3. 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.






4. Process of obtaining seller responses - selecting a seller - and awarding a contract






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






6. Involves setting a fixed total price for a defined product or service to be provided.






7. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






8. Involves developing a better understanding of the product of the project






9. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.






10. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.






11. Used to rate or score seller proposals






12. 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.






13. 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.






14. Involves immediate corrective or preventive action as a consequence of quality control measurements.






15. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform






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






17. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






18. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






19. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






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






21. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






22. 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






23. Describes how risk management will be structured and performed on the project.






24. 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.






25. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






26. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






27. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






28. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






29. 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






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






31. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






32. 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






33. 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.






34. Project team must measure itself periodically against the expectations of those outside the project.






35. The process of approximating the number of work periods needed to complete individual activities with estimated resources






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






37. 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.






38. Outcome of activities performed to accomplish the project.






39. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






40. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






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






42. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






43. Factors that limit a buyer's options. E.g. - funds availability






44. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






45. 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






46. 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.






47. Subdivision of project deliverables into smaller - more manageable components






48. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






49. Process of numerically analyzing the effect of identified risks on overall project objectives.






50. 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