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Test your basic knowledge |
CAPM
Start Test
Study First
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. 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 -
System or Process
Re-baselining
Procurement Management Plan
Organization Chart
2. 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
Project Procurement Management
Templates
Resource Calendar
Organization Breakdown Structure
3. Special category of revised cost estimates to an approved cost baseline.
Budget Updates
Estimate Activity Durations
Quality Assurance
Project Planning Methodology
4. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Risk probability
Conditional Diagramming Methods
Project Scope
Life Cycle Costing
5. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Process Adjustments
Risk management policies
Human Resource Practices
Lag
6. 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
Communications Technology
Critical Path Methodology (CPM)
Subproject
Expert Judgment
7. Records of previous project results that can be used to identify risks.
Acquire Project Team
Perform Qualitative Risk Analysis
Project Files
Project
8. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec
Project Assumption Testing
Secondary Risks
Project Risk Management
Indirect costs / Overhead costs
9. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Quantitatively based durations
Control Scope
Program
Perform Quantitative Risk Analysis
10. 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
Project Files
Control Charts
Project Portfolio Management
Project
11. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched
Project Management Information Systems (PMIS)
Change Requests
Project Time Management
Human Resource Practices
12. Process of defining and documenting stakeholders' needs to meet the project objectives
Quality Policy
Collect Requirements
Project
Scope baseline
13. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Regulation
Transference
Sensitivity Analysis
Analogous Estimating / Top-down
14. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative
Communications management plan
Brainstorming
Identify Risks
Conduct Procurements
15. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Facilitated Workshops
Earned Value Analysis
Phase Exits/ Stage Gates/ Kill Points
Scope Statement
16. 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.
Phase Exits/ Stage Gates/ Kill Points
Contract Change Control System
Work Breakdown Structure (WBS)
Human Resource Practices
17. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Earned Value Analysis
Contingency - Buffer - Reserve
Organization Chart
Risk Consequences
18. Outcome of activities performed to accomplish the project.
Work Results
Quality Audit
Documentation Reviews
Team Development
19. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Risk management policies
Risk Database
Procurement performance reviews
Project Team Directory
20. Risks that arise as a direct result of implementing a risk response.
Plan Communications
Secondary Risks
Project Scope Management
Group Creativity Techniques
21. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Scope Change Control System
Independent estimates
Staffing Pool Description
Communications Technology
22. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Revised Cost Estimates
Plan Quality
Procurement Statements of Work (SOW)
Procurement file
23. Any modification to the contents of the project plan or the supporting details.
Requirements Management Plan
Residual Risks
Project Plan Updates
Close procurements
24. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Project Risk Management
Lessons Learned
Bottom-up Estimating
Performance Reports
25. Effect on project objectives if the risk event occurs.
Human Resource Practices
Inspection
Documentation Reviews
Risk Consequences
26. Any numbering system used to uniquely identify each component of the work breakdown structure.
Quality Policy
Probability and impact matrix
Risk Categories
Recruitment Practices
27. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Human Resource Practices
Risk Categories
Regulation
Risk probability
28. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Triggers
Stakeholder Analysis
Procurement negotiations
Facilitated Workshops
29. 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.
Project
Distribute Information
Configuration Management System
Program Evaluation and Review Technique (PERT)
30. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Work Breakdown Structure (WBS)
Free Float
Quality Metrics
Independent estimates
31. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Project Files
Statistical Sampling
Control Scope
Organization Breakdown Structure
32. Methods used to distribute information to team members and other stakeholders.
Procurement Management Plan
Performance Reviews
Performance Reviews
Information Distribution Methods
33. 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.
Project Integration Management
Stakeholder register
Project Management Information Systems (PMIS)
Project Charter
34. 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.
Critical Path Methodology (CPM)
Estimate Activity Resources
Program Evaluation and Review Technique (PERT)
Re-baselining
35. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Define Activities
Performance Reviews
Project Planning Methodology
Lead
36. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Sensitivity Analysis
Project Selection Methods
Team Development
Performance Reviews
37. Involves setting a fixed total price for a defined product or service to be provided.
Fixed- price contracts
Work Authorization System
Project Procurement Management
Lead
38. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.
Estimate Costs
Assumptions
Checklists
Rework
39. Process of defining how to conduct risk management activities for a project.
Project Plan Updates
Project Communications Management
Plan Risk Management
Risk Categories
40. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Differences between Operations and Project
Project Charter
Subproject
Root Cause Analysis
41. An applicable restriction that will affect the performance of the project/process.
Quality
Functional Organization
Constraints
Group Creativity Techniques
42. The policies - guidelines - or procedures that govern the recruitment of staff.
Control Schedule
Scope baseline
Mandatory Dependencies (or Hard Logic)
Recruitment Practices
43. 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.
Mitigation
Assumptions Analysis
Proposals
Project Quality Management
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.
Scope Statement
Focus groups
Critical Path Method
Sequence Activities
45. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Documentation Reviews
Procurement Statements of Work (SOW)
Buyer-Seller relationship
Constraints
46. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Control Costs
Technical performance measurement
Additional Risk Response Planning
47. 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.
Direct costs
Subproject
Organization Chart
Plan Quality
48. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Additional Risk Response Planning
Quality Management Plan
Schedule Baseline
Scope Statement
49. Determining which risks may affect the project and documenting their characteristics.
Time and Material (T&M) Contracts
Identify Risks
Project Human Resource Management
Buyer-Seller relationship
50. Factors that limit a buyer's options. E.g. - funds availability
Plan Quality
Project Closeout
Constraints
Parametric Estimating