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 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






2. Describes how individual requirements meet the business need for the project.






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






4. Quantities to be performed for each specific category - and can be used to estimate activity durations






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






6. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac






7. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






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






9. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






10. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






11. Technologies or methods to transfer information among project stakeholders.






12. Process of developing a detailed description of the project and product






13. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






14. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






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






16. 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






17. 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






18. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






19. The policies - guidelines - or procedures that govern the recruitment of staff.






20. 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






21. 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.






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






23. Processes and procedures developed for the closing or canceling of projects.






24. 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.






25. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






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






27. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






28. 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






29. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






30. 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






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






32. 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.






33. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






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






35. 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.






36. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.






37. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.






38. 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






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






40. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.






41. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






42. 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.






43. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






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






45. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold






46. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.






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






48. 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 -






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






50. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.