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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. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Estimate Costs
Decision Tree
Tolerances vs. Control limits
Collocation
2. 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
Project Time Management
Fast Tracking
Project Files
Matrix Organization
3. 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.
Precedence Relationships
Acceptance
Estimate at Completion (EAC)
Crashing
4. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Project Planning Methodology
System or Process
Technical performance measurement
Project Charter
5. Factors which - for planning purposes - are considered to be true - real or certain.
Mandatory Dependencies (or Hard Logic)
Organization Breakdown Structure
Assumptions
Analogous Estimating / Top-down
6. 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.
Secondary Risks
Quality Improvement
Observations
Bidder Conferences
7. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Inspection
Project Cost Management
Close procurements
Project Portfolio Management
8. An applicable restriction that will affect the performance of the project/process.
Checklists
Quality
Constraints
Critical Path Methodology (CPM)
9. Special category of revised cost estimates to an approved cost baseline.
Budget Updates
Plan Risk Responses
Project Plan Updates
Close procurements
10. Generally used when considerations like technical approach and technical skills are paramount in source selection
Project Quality Management
Staffing Pool Description
Assumptions
Proposal
11. 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.
Functional Organization
Quality Metrics
Project Management Information Systems (PMIS)
Requirements Traceability Matrix
12. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Phase Exits/ Stage Gates/ Kill Points
Risk Management Plan
Interviews
Report Performance
13. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Project Schedule
Project Stakeholders
Human Resource Practices
Perform Quantitative Risk Analysis
14. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Project Files
Project Selection Methods
Critical Path Methodology (CPM)
Coding Structure
15. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Requirements Documentation
Qualified seller lists
Product description
Project Schedule Network Diagrams
16. 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
Mandatory Dependencies (or Hard Logic)
Precedence Relationships
Design of Experiments (DOE)
Root Cause Analysis
17. 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.
Constraints
Procurement Documents
Free Float
Rework
18. 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.
Bidder Conferences
Change Control System
Fixed- price contracts
Project Procurement Management
19. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Probability and impact matrix
Project Schedule Network Diagrams
Group Decision Making Techniques
Deliverable
20. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Close procurements
Work Authorization System
Project Integration Management
Assumptions
21. 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
Training
Project Risk Management
Re-baselining
Flowcharts
22. 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
Cost Performance Baseline
Human Resource Practices
Project Integration Management
Benchmarking
23. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Design of Experiments (DOE)
Attribute Sampling vs. Variables Sampling
Parametric Estimating
Develop Human Resource Plan
24. Process of developing a detailed description of the project and product
Observations
Define Scope
Coding Structure
Collocation
25. Involves developing a better understanding of the product of the project
Product Analysis
Scope Changes
Project Scope Management
Project Cost Management
26. 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
Forecasting
Lessons Learned
Program
Risk Database
27. A documented list of project team members - their project roles - and communication information.
Project Team Directory
Facilitated Workshops
Avoidance
Control Charts
28. 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.
Probability and impact matrix
Procurement Documents
Re-baselining
Estimate Activity Resources
29. 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
External Feedback
Procurement Management Plan
To-Complete Performance Index (TCPI)
Status Review Meetings
30. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Observations
Project Communications Management
Estimate to Complete (ETC)
Brainstorming
31. Process of defining how to conduct risk management activities for a project.
Sequence Activities
Activity List
Plan Risk Management
Project Schedule
32. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac
Project Risk Management
Transference
Responsibility Assignment Matrix (RAM)
Staffing Pool Description
33. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Product Description
Project Cost Management
Acceptance
Training
34. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Process Adjustments
Precedence Relationships
Define Scope
35. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Manage Stakeholder
Project Human Resource Management
Tolerances vs. Control limits
Procurement Statements of Work (SOW)
36. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Plan Risk Management
Program
Risk management policies
Templates
37. 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.
Contract
Identify Stakeholders
Mathematical Analysis
Analogous Estimating (top-down)
38. Modifications to the cost estimation prepared for the project
Revised Cost Estimates
Project Quality Management
Program Evaluation and Review Technique (PERT)
Project Management Information Systems (PMIS)
39. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Risk management policies
Fixed- price contracts
Bidder Conferences
Procurement file
40. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Parametric Estimating
Tolerances vs. Control limits
Statistical Sampling
Documentation Reviews
41. 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
Training
Collocation
Lessons Learned
42. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Constraints
Project Communications Management
Work Results
Procurement file
43. Collection of generally sequential project phases.
Project Life Cycle
Acquire Project Team
Define Activities
Change Requests
44. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Observations
Sequence Activities
Scope Statement
Program
45. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Interviews
Triggers
Information Distribution Methods
Work Authorization System
46. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.
Projectized Organization
Manage Stakeholder
Procurement Management Plan
Regulation
47. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Project Quality Management
Projectized Organization
Focus groups
Independent estimates
48. 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.
Project Plan
Forecasting
Collocation
Project Team Directory
49. 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 Risk Management
Subproject
Project Schedule Network Diagrams
Activity List
50. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Staffing Requirements
Project Files
Lessons Learned
Prototypes