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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. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
Critical Path Methodology (CPM)
External Dependencies
Rework
Administer procurements
2. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Bidder Conferences
Quantitatively based durations
Residual Risks
Project Schedule Network Diagrams
3. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Forecasting
Lessons Learned
Life Cycle Costing
Plan Procurements
4. Changing the project management plan to eliminate the threat entirely.
Facilitated Workshops
Cost Management Plan
Avoidance
Change Control System
5. 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
Information Distribution Methods
Procurement Management Plan
Matrix Organization
Human Resource Practices
6. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.
Quantitatively based durations
Risk Audits
Risk probability
Inspection
7. Involves setting a fixed total price for a defined product or service to be provided.
Prototypes
Project Records
Estimate Activity Resources
Fixed- price contracts
8. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Resource Pool Descriptions
Product Scope
Phase Exits/ Stage Gates/ Kill Points
Prototypes
9. Terms used when the source selection decision will be based on price
Bid / quotation
Program
Root Cause Analysis
Lag
10. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Statistical Sampling
Risk management policies
Workaround plans
Activity List
11. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Expert Judgment
Probability and impact matrix
Project Human Resource Management
Constraints
12. Process of defining how to conduct risk management activities for a project.
Prevention vs. Inspections
Plan Risk Management
Control Account
Project Scope
13. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Fast Tracking
Trend Analysis
Procurement resources
Monitor and Control Risks
14. 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.
Information Distribution Methods
Formal acceptance and closure
Identify Stakeholders
Re-baselining
15. Collection of generally sequential project phases.
Risk probability
Project Life Cycle
Product Description
Performance Reviews
16. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.
Estimate at Completion (EAC)
Critical Path Methodology (CPM)
Avoidance
Functional Organization
17. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Subproject
Scope Change Control System
Proposal
Requirements Management Plan
18. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Estimate to Complete (ETC)
Procurement file
Resource Leveling
Tolerances vs. Control limits
19. Any numbering system used to uniquely identify each component of the work breakdown structure.
Risk Management Plan
Administer procurements
Quality Policy
Status Review Meetings
20. Any modification to the agreed upon project scope as defined by the approved WBS
Staffing Pool Description
Scope Changes
Cost Management Plan
Communications management plan
21. 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.
Fast Tracking
Quality Policy
Control Charts
Project Procurement Management
22. 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.
Statistical Sampling
Differences between Operations and Project
Quality
Process Adjustments
23. 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.
Proposal
Risk Management Plan
Determine Budget
Work Breakdown Structure (WBS)
24. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Prevention vs. Inspections
Estimate Costs
Formal acceptance and closure
Technical performance measurement
25. Meetings held to assess project status and/or progress.
Indirect costs / Overhead costs
Deliverable
Performance Reviews
Quality Audit
26. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Change Control System
Free Float
Group Creativity Techniques
Human Resource Practices
27. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Organization Breakdown Structure
Subproject
Constraints
Conduct Procurements
28. 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.
Close procurements
Quality
Project Plan Updates
Formal acceptance and closure
29. 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
Project Human Resource Management
Configuration Management System
Constraints
Requirements Management Plan
30. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Monitor and Control Risks
Templates
Project Human Resource Management
Control Charts
31. Outcome of activities performed to accomplish the project.
Risk Audits
Sub Network / Fragment Network
Project
Work Results
32. 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.
Plan Communications
Constraints
Inspection
Plan Risk Responses
33. A table that links requirements to their origin and traces them throughout the project life cycle
Requirements Traceability Matrix
Project Assumption Testing
Proposals
Requirements Documentation
34. Process of numerically analyzing the effect of identified risks on overall project objectives.
Performance Reviews
Quality Management Plan
Quality Policy
Perform Quantitative Risk Analysis
35. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Fixed- price contracts
Organization Breakdown Structure
Quality Audit
Procurement Documents
36. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Project Files
Checklists
Product Description
Organization Breakdown Structure
37. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Precedence Relationships
Revised Cost Estimates
Project Schedule Network Diagrams
Human Resource Practices
38. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Requirements Management Plan
Independent estimates
Prototypes
Performance Reports
39. 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
Scope baseline
Similarities between Operations and Projects
Organization Chart
Project Schedule Network Diagrams
40. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Revised Cost Estimates
Corrective Action
Proposals
Project Stakeholders
41. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Team Building Activities
Project Cost Management
Plan Communications
Scope Statement
42. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Group Decision Making Techniques
Flowcharts
Re-baselining
Procurement performance reviews
43. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.
Project Quality Management
Brainstorming
Resource Calendar
Distribute Information
44. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Risk Audits
Risk Management Plan
Sensitivity Analysis
Mitigation
45. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Direct costs
Status Review Meetings
Project Files
Project Team Directory
46. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define
Time and Material (T&M) Contracts
Stakeholder register
Project Plan Updates
Brainstorming
47. 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
Collocation
Quality Audit
Procurement resources
Plan Procurements
48. Quantities to be performed for each specific category - and can be used to estimate activity durations
Project Portfolio Management
Corrective Action
Project Schedule
Quantitatively based durations
49. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Avoidance
Control Scope
Expert Judgment
Documentation Reviews
50. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Trend Analysis
Tolerances vs. Control limits
Control Charts
Conditional Diagramming Methods