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






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






3. 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.






4. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






5. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.






6. 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.






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






8. 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






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






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






11. 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






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






13. Any modification to the agreed upon project scope as defined by the approved WBS






14. 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






15. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si






16. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe






17. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the






18. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.






19. Modifications to the cost estimation prepared for the project






20. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.






21. Factors that - for planning purposes - will be considered true - real or certain.






22. Describes the need - justification - requirements - and current boundaries for the project.






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






24. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.






25. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






26. Factors which - for planning purposes - are considered to be true - real or certain.






27. 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.






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






29. 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 -






30. 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






31. 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






32. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






33. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






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






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






36. 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






37. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






38. 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.






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






40. 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.






41. 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






42. 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.






43. 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.






44. Any numbering system used to uniquely identify each component of the work breakdown structure.






45. 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






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






47. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






48. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






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






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