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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. Technologies or methods to transfer information among project stakeholders.
Cost Performance Baseline
Project Management
Project Closeout
Communications Technology
2. A documented list of project team members - their project roles - and communication information.
Indirect costs / Overhead costs
Project Team Directory
Stakeholder register
Initiation
3. Any numbering system used to uniquely identify each component of the work breakdown structure.
Simulation
Quality Policy
Project Life Cycle
Risk management policies
4. 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.
Workaround plans
Assumptions Analysis
Close procurements
Fixed- price contracts
5. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Free Float
Projectized Organization
Project Schedule Network Diagrams
Define Activities
6. 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
Matrix Organization
Fixed- price contracts
Project Schedule
Coding Structure
7. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co
Quality Audit
Project Quality Management
Stakeholder register
Residual Risks
8. 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.
Collocation
Project Quality Management
Root Cause Analysis
Procurement Documents
9. Terms used when the source selection decision will be based on price
Project Human Resource Management
Bid / quotation
Report Performance
Phase Exits/ Stage Gates/ Kill Points
10. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Subproject
Risk probability
Project Human Resource Management
Project Procurement Management
11. A project is a temporary endeavor undertaken to create a unique product - service - or result
Training
Project Human Resource Management
Project
Project Team Directory
12. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.
Project Portfolio Management
Plan Risk Responses
Coding Structure
Indirect costs / Overhead costs
13. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Performance Reports
Plan Communications
Control Costs
Workaround plans
14. It compares cost performance over time - schedule activities or work packages overrunning and under running the budget - and estimated funds needed to complete work in progress.
Sub Network / Fragment Network
Resource Calendar
Performance Reviews
Secondary Risks
15. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Independent estimates
Observations
Project Charter
Estimate to Complete (ETC)
16. 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
Qualified seller lists
Training
Identify Risks
Product Scope
17. 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
Control Scope
Develop Human Resource Plan
Team Development
Technical performance measurement
18. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Project Records
Procurement Statements of Work (SOW)
Estimate Costs
Project Charter
19. 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.
Fast Tracking
Data precision
Plan Risk Management
Sequence Activities
20. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Project Quality Management
Total Float
Qualified seller lists
Project Management
21. Records of previous project results that can be used to identify risks.
Project Procurement Management
Project Files
External Feedback
Estimate at Completion (EAC)
22. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.
Assumptions
Project Portfolio Management
Risk management policies
Acceptance
23. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Organizational Policies
Contract Change Control System
Quality Metrics
Project Human Resource Management
24. Generally used when considerations like technical approach and technical skills are paramount in source selection
Proposal
Revised Cost Estimates
Life Cycle Costing
Corrective Action
25. Considers the characteristics of those prospective staff who are available to join the project team.
Work Results
Staffing Pool Description
Project Quality Management
Product description
26. 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
Benchmarking
Bid / quotation
Communications management plan
Budget Updates
27. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Project Management
Project Records
Project Communications Management
Residual Risks
28. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Control Costs
Product Description
Verify Scope
Total Float
29. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start
Precedence Relationships
Lead
Workaround plans
Report Performance
30. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.
Make-or-buy analysis
Project Stakeholders
Buyer-Seller relationship
Risk Audits
31. 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
Inspection
Procurement performance reviews
Constraints
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
Parametric Estimating
Define Activities
Project Risk Management
Flowcharts
33. 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.
Procurement performance reviews
Control Account
Forecasting
Differences between Operations and Project
34. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Prototypes
Documentation Reviews
Procurement Statements of Work (SOW)
35. 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.
Project Human Resource Management
Differences between Operations and Project
Mitigation
Project Portfolio Management
36. 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
Functional Organization
Identify Stakeholders
Project Integration Management
Assumptions Analysis
37. Factors that - for planning purposes - will be considered true - real or certain.
Report Performance
Conditional Diagramming Methods
Assumptions
Procurement negotiations
38. It can include correspondence - memos - meeting minutes - and documents describing the project.
Project Records
Resource Pool Descriptions
Indirect costs / Overhead costs
Budget Updates
39. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Mathematical Analysis
Differences between Operations and Project
Communication Requirements Analysis
Project Quality Management
40. A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower - more detailed pieces of work. These estimates are then aggregated into a to
Design of Experiments (DOE)
Schedule Baseline
Activity List
Additional Risk Response Planning
41. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Procurement Statements of Work (SOW)
Project Human Resource Management
Project Stakeholders
Scope Management Plan
42. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Inspection
Determine Budget
Quality
Checklists
43. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Focus groups
Corrective Action
Process Adjustments
Identify Risks
44. Involves setting a fixed total price for a defined product or service to be provided.
Organizational Policies
Secondary Risks
Fixed- price contracts
Corrective Action
45. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
Procurement performance reviews
Lessons Learned
Requirements Management Plan
Project Management Information Systems (PMIS)
46. Processes and procedures developed for the closing or canceling of projects.
Project Procurement Management
Procurement performance reviews
Inspection
Acceptance
47. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Team Building Activities
Project Management Information Systems (PMIS)
Risk Audits
Project Time Management
48. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Probabilistic Analysis of the project
Project Records
Observations
Scope baseline
49. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
Prevention vs. Inspections
Training
Information Distribution Methods
50. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Mandatory Dependencies (or Hard Logic)
Performance Reports
Residual Risks
Resource Pool Descriptions