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. Methods used to distribute information to team members and other stakeholders.






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






3. 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.






4. 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






5. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






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






7. Meetings held to assess project status and/or progress.






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






9. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje






10. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization






11. 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






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






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






14. A project is a temporary endeavor undertaken to create a unique product - service - or result






15. Modifications to the cost estimation prepared for the project






16. 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






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






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






19. 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.






20. Documents the characteristics of the product - result - or service which the project is undertaken to create.






21. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






22. Used to rate or score seller proposals






23. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.






24. Process of identifying the specific actions to be performed to produce the project deliverables.






25. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






26. 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.






27. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o






28. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o






29. A table that links requirements to their origin and traces them throughout the project life cycle






30. 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






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






32. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.






33. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve






34. Considers the characteristics of those prospective staff who are available to join the project team.






35. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.






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






37. Approved modifications to the project schedule that are used to manage the project






38. A modification of a logical relationship that directs a delay in the successor activity.






39. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






40. 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






41. 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.






42. 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






43. Probability that a risk will occur.






44. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






45. Special category of revised cost estimates to an approved cost baseline.






46. 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






47. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






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






49. 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






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