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. 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.






2. Includes the processes that organize - manage - and lead the project team.






3. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






4. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






5. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






6. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.






7. 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.






8. Processes and procedures developed for the closing or canceling of projects.






9. 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.






10. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.






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






12. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






13. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






14. The process of determining project stakeholders' information needs and defining a communication approach.






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






16. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






17. 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.






18. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






19. Project team must measure itself periodically against the expectations of those outside the project.






20. 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.






21. 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






22. Outcome of activities performed to accomplish the project.






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






24. Process of numerically analyzing the effect of identified risks on overall project objectives.






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






26. 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






27. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.






28. Documents how requirements will be analyzed - documented - and managed throughout the project






29. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.






30. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






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






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






33. Technologies or methods to transfer information among project stakeholders.






34. 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






35. Approved modifications to the project schedule that are used to manage the project






36. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






37. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






38. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






39. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






40. A formal or informal approach to obtain information from stakeholders by talking to them directly






41. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






42. 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.






43. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






44. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






45. 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.






46. 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.






47. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






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






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






50. Processes and procedures developed for the closing or canceling of projects.