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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. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Organization Breakdown Structure
Resource Pool Descriptions
Lead
Tolerances vs. Control limits
2. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Plan Procurements
Residual Risks
Process Adjustments
Work Authorization System
3. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.
Project Life Cycle
Cost Management Plan
Phase Exits/ Stage Gates/ Kill Points
Close procurements
4. 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.
External Feedback
Organization Breakdown Structure
Stakeholder register
Project Human Resource Management
5. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Close procurements
Resource Leveling
Probabilistic Analysis of the project
Organization Chart
6. Describes the need - justification - requirements - and current boundaries for the project.
Administer procurements
Project Life Cycle
Scope baseline
Project Team Directory
7. 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
Checklists
Program
Procurement audits
Fixed- price contracts
8. Features or services that characterize a product - result - or service
Project Cost Management
Product Scope
Rework
Group Creativity Techniques
9. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Perform Qualitative Risk Analysis
Buyer-Seller relationship
Probability and impact matrix
Collocation
10. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Performance Reports
Project Procurement Management
Administer procurements
Deliverable
11. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Resource Leveling
Probability and impact matrix
Control Scope
Interviews
12. 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
Product description
Project Risk Management
Residual Risks
Staffing Pool Description
13. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Project Human Resource Management
Root Cause Analysis
Checklists
Performance Reports
14. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Develop Human Resource Plan
Crashing
Estimate at Completion (EAC)
Mathematical Analysis
15. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Assumptions Analysis
Templates
Technical performance measurement
Risk
16. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Focus groups
Estimate Activity Durations
Corrective Action
Constraints
17. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Project Communications Management
Develop Schedule
Lessons Learned
Program
18. 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.
Life Cycle Costing
Cost Performance Baseline
Project Cost Management
Scope Statement
19. 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.
Project Quality Management
Procurement audits
Subproject
Project Scope
20. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Bid / quotation
Develop Human Resource Plan
Project
Procurement performance reviews
21. 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
Analogous Estimating / Top-down
Triggers
Critical Path Methodology (CPM)
Product Analysis
22. 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.
Simulation
Performance Reports
Project
Process Adjustments
23. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Procurement Documents
Phase Exits/ Stage Gates/ Kill Points
Estimate Activity Durations
Team Development
24. An applicable restriction that will affect the performance of the project/process.
Constraints
Project Files
Product Description
Free Float
25. Involves developing a better understanding of the product of the project
Work Breakdown Structure (WBS)
Product Analysis
Code of Accounts
Project Files
26. 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
Project Schedule
Assumptions Analysis
Residual Risks
27. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson
Coding Structure
Bidder Conferences
Checklists
Risk Database
28. 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.
Performance Reviews
System or Process
Project Procurement Management
Critical Path Methodology (CPM)
29. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Prototypes
Plan Quality
Project Plan
Interviews
30. 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.
Decomposition
Attribute Sampling vs. Variables Sampling
Define Activities
Develop Schedule
31. Terms used when the source selection decision will be based on price
Quality Policy
Scope baseline
Bid / quotation
Constraints
32. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Interviews
Group Decision Making Techniques
Brainstorming
Project Assumption Testing
33. 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
Inspection
Qualified seller lists
Technical performance measurement
Differences between Operations and Project
34. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Estimate to Complete (ETC)
Focus groups
Mitigation
Determine Budget
35. 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.
Distribute Information
Benchmarking
Mathematical Analysis
Work Breakdown Structure (WBS)
36. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r
Estimate Activity Durations
Project Risk Management
Administer procurements
Avoidance
37. Quantities to be performed for each specific category - and can be used to estimate activity durations
Acquire Project Team
Quantitatively based durations
Project Human Resource Management
Work Authorization System
38. 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
Additional Risk Response Planning
Flowcharts
Acceptance
Interviews
39. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Tolerances vs. Control limits
Sequence Activities
Project Communications Management
Free Float
40. 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
Probabilistic Analysis of the project
Project Risk Management
Project Communications Management
Workaround plans
41. Approved modifications to the project schedule that are used to manage the project
Scope baseline
Schedule updates
Quality
Cost-reimbursable contracts
42. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Quality
Phase Exits/ Stage Gates/ Kill Points
Report Performance
Stakeholder register
43. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con
Proposal
Risk management policies
Project Portfolio Management
Life Cycle Costing
44. 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.
Corrective Action
Project Management Information Systems (PMIS)
Additional Risk Response Planning
Group Decision Making Techniques
45. 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
Project Plan
Project Integration Management
Develop Schedule
Resource Calendar
46. 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
Procurement resources
Staffing Requirements
Constraints
Resource Calendar
47. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.
Rework
Project Schedule Network Diagrams
Plan Risk Management
Project Plan
48. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Configuration Management System
Work Results
Checklists
Project Management
49. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Quality Management Plan
Coding Structure
Project Communications Management
Avoidance
50. 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
Sequence Activities
Matrix Organization
Project Integration Management
Contingency - Buffer - Reserve