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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. Factors which - for planning purposes - are considered to be true - real or certain.
Prioritized list of quantified risks
Assumptions
Project Scope
Formal acceptance and closure
2. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Observations
Source Selection Criteria
Training
Contract
3. 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
Plan Procurements
Risk management policies
Project Cost Management
Stakeholder register
4. 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.
Develop Human Resource Plan
Project Closeout
Project Quality Management
Quality
5. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Project Stakeholders
Bid / quotation
Risk Management Plan
Inspection
6. Features or services that characterize a product - result - or service
Procurement Statements of Work (SOW)
Product Scope
Distribute Information
Constraints
7. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Observations
Product Analysis
Root Cause Analysis
Project Management
8. 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
Procurement Statements of Work (SOW)
Inspection
Decision Tree
External Dependencies
9. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.
Performance Reports
Close procurements
Inspection
Schedule Baseline
10. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w
Communications Technology
Control Schedule
Scope baseline
Communication Requirements Analysis
11. Generally used when considerations like technical approach and technical skills are paramount in source selection
Project Human Resource Management
Prevention vs. Inspections
Proposal
Configuration Management System
12. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Define Scope
Similarities between Operations and Projects
Product Description
Work Results
13. 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.
To-Complete Performance Index (TCPI)
Subproject
Monitor and Control Risks
Additional Risk Response Planning
14. 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
Procurement audits
Project Procurement Management
Project Risk Management
15. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Project Assumption Testing
Change Control System
Contract
Project Risk Management
16. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Attribute Sampling vs. Variables Sampling
Risk Register
Project Cost Management
Data precision
17. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Develop Schedule
Group Creativity Techniques
Checklists
Data Precision Ranking
18. 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.
Quality Management Plan
Templates
Root Cause Analysis
Regulation
19. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Documentation Reviews
Requirements Traceability Matrix
Schedule Compression
Estimate to Complete (ETC)
20. 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.
Mandatory Dependencies (or Hard Logic)
Indirect costs / Overhead costs
Collocation
Sequence Activities
21. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Sub Network / Fragment Network
Trend Analysis
Schedule updates
Assumptions
22. 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)
Identify Stakeholders
Project Procurement Management
Estimate at Completion (EAC)
23. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Work Results
Lead
Templates
Project Human Resource Management
24. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Scope Changes
Quality Metrics
Identify Stakeholders
Inspection
25. Special category of revised cost estimates to an approved cost baseline.
Simulation
Procurement Management Plan
Budget Updates
Develop Schedule
26. Approved modifications to the project schedule that are used to manage the project
Control Costs
Observations
Schedule updates
Control Charts
27. Process of obtaining seller responses - selecting a seller - and awarding a contract
Performance Reports
Re-baselining
Conduct Procurements
Proposal
28. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.
Source Selection Criteria
Acceptance
Interviews
Critical Path Method
29. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe
Procurement audits
Code of Accounts
Quality Assurance
Brainstorming
30. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Additional Risk Response Planning
Project Management Information Systems (PMIS)
Data precision
Project Schedule
31. 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 Procurement Management
Conditional Diagramming Methods
Mandatory Dependencies (or Hard Logic)
Distribute Information
32. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Control Account
Perform Quantitative Risk Analysis
Constraints
Constraints
33. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Triggers
Quality Assurance
Graphical Evaluation and Review Technique (GERT)
Focus groups
34. 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.
Process Adjustments
Project Communications Management
Mandatory Dependencies (or Hard Logic)
Re-baselining
35. Process of developing a detailed description of the project and product
Define Scope
Performance Reviews
Schedule updates
Quality Improvement
36. 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
Project Life Cycle
Phase Exits/ Stage Gates/ Kill Points
Constraints
Risk management policies
37. Involves setting a fixed total price for a defined product or service to be provided.
Organizational Policies
Administer procurements
Project Management
Fixed- price contracts
38. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are
Bottom-up Estimating
Scope Management Plan
Simulation
Communication Requirements Analysis
39. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Constraints
Documentation Reviews
Total Float
Product Analysis
40. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Inspection
Group Decision Making Techniques
Formal acceptance and closure
Project Plan Updates
41. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Program Evaluation and Review Technique (PERT)
Risk Audits
Fast Tracking
Regulation
42. Subdivision of project deliverables into smaller - more manageable components
Documentation Reviews
Decomposition
Configuration Management System
Change Requests
43. 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
Quality Management Plan
Conduct Procurements
Communications Technology
Lessons Learned
44. 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.
Attribute Sampling vs. Variables Sampling
Communication Requirements Analysis
Project Human Resource Management
Graphical Evaluation and Review Technique (GERT)
45. 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.
Cost Management Plan
Sequence Activities
Activity List
Quality Audit
46. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Plan Procurements
Procurement Documents
Deliverable
Project Integration Management
47. Risks that arise as a direct result of implementing a risk response.
Proposal
Buyer-Seller relationship
Secondary Risks
Assumptions
48. 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.
Product Scope
Human Resource Practices
Indirect costs / Overhead costs
Group Creativity Techniques
49. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Constraints
Program
Estimate Costs
Project Procurement Management
50. Technologies or methods to transfer information among project stakeholders.
Staffing Requirements
Project Communications Management
Organizational Policies
Communications Technology