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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. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope
Scope Management Plan
Project Cost Management
Grade
Program Evaluation and Review Technique (PERT)
2. Process of defining and documenting stakeholders' needs to meet the project objectives
Total Float
Collect Requirements
Decision Tree
Code of Accounts
3. Technique to evaluate the degree to which data about risks is useful for risk management.
Identify Risks
Data Precision Ranking
Procurement negotiations
Risk Categories
4. 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.
Prevention vs. Inspections
Define Activities
Identify Stakeholders
Stakeholder register
5. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica
Project Cost Management
Communications management plan
Group Decision Making Techniques
Quality Policy
6. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Project Assumption Testing
Additional Risk Response Planning
Coding Structure
Quality Audit
7. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Project Cost Management
Mathematical Analysis
Constraints
Administer procurements
8. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Procurement Statements of Work (SOW)
Communication Requirements Analysis
Process Adjustments
Risk Consequences
9. A formal or informal approach to obtain information from stakeholders by talking to them directly
Templates
Project Communications Management
Cost Management Plan
Interviews
10. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Organization Breakdown Structure
Procurement file
Project Procurement Management
To-Complete Performance Index (TCPI)
11. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc
Mitigation
Simulation
Estimate at Completion (EAC)
Critical Path Methodology (CPM)
12. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Secondary Risks
Group Decision Making Techniques
Mitigation
Collocation
13. 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
Corrective Action
Project Integration Management
Mandatory Dependencies (or Hard Logic)
Project Scope Management
14. 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
Bid / quotation
Procurement audits
Workaround plans
Status Review Meetings
15. Charts that are used to show positions and relationships in a graphical format.
Organization Chart
Attribute Sampling vs. Variables Sampling
Quality Assurance
Focus groups
16. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Estimate Activity Resources
Project Records
Contingency - Buffer - Reserve
Fast Tracking
17. A table that links requirements to their origin and traces them throughout the project life cycle
Project Files
Project Quality Management
Requirements Traceability Matrix
Group Creativity Techniques
18. Process of identifying the specific actions to be performed to produce the project deliverables.
Change Requests
Indirect costs / Overhead costs
Project Quality Management
Define Activities
19. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Schedule Baseline
Control Scope
Monitor and Control Risks
20. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Facilitated Workshops
Quality Management Plan
Quality Metrics
Observations
21. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Staffing Requirements
Crashing
Rework
Project Files
22. Used to solicit proposals from prospective sellers
Status Review Meetings
Independent estimates
Procurement Documents
Risk Categories
23. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project
Crashing
Project Quality Management
Benchmarking
24. Describes how risk management will be structured and performed on the project.
Plan Risk Responses
Risk Management Plan
Schedule updates
Resource Calendar
25. Effect on project objectives if the risk event occurs.
Phase Exits/ Stage Gates/ Kill Points
Control Scope
Project Schedule Network Diagrams
Risk Consequences
26. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Process Adjustments
Project Files
Critical Path Methodology (CPM)
Contract Change Control System
27. Approved modifications to the project schedule that are used to manage the project
Independent estimates
Lessons Learned
Risk
Schedule updates
28. 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.
Risk management policies
Project Life Cycle
Fixed- price contracts
Schedule Compression
29. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Free Float
Constraints
Interviews
30. Special category of revised cost estimates to an approved cost baseline.
Procurement file
Project
Information Distribution Methods
Prevention vs. Inspections
31. 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.
Workaround plans
Project Scope Management
Performance Reports
Make-or-buy analysis
32. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Procurement negotiations
Communications management plan
Control Costs
Root Cause Analysis
33. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Formal acceptance and closure
Analogous Estimating / Top-down
Sub Network / Fragment Network
Technical performance measurement
34. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
Tolerances vs. Control limits
Scope Statement
Develop Schedule
Prioritized list of quantified risks
35. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.
Control Scope
Constraints
Independent estimates
Monitor and Control Risks
36. 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
Develop Schedule
Similarities between Operations and Projects
Corrective Action
Project Management
37. Factors which - for planning purposes - are considered to be true - real or certain.
Critical Path Methodology (CPM)
Assumptions
Data Precision Ranking
Analogous Estimating (top-down)
38. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.
Mandatory Dependencies (or Hard Logic)
Bidder Conferences
Recruitment Practices
Project Time Management
39. 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
Scope baseline
Stakeholder Analysis
Graphical Evaluation and Review Technique (GERT)
Benchmarking
40. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Risk Management Plan
Project Life Cycle
Fast Tracking
Scope Change Control System
41. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Inspection
Quality Improvement
Project Communications Management
Project Files
42. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Scope Changes
Technical performance measurement
Bidder Conferences
Inspection
43. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Project Communications Management
Project Planning Methodology
Quality Policy
Group Decision Making Techniques
44. 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.
Work Authorization System
Report Performance
Project Risk Management
Requirements Management Plan
45. 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.
Coding Structure
Secondary Risks
Project Quality Management
Critical Path Method
46. 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.
Make-or-buy analysis
Scope Management Plan
Project Procurement Management
Workaround plans
47. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Risk
Develop Schedule
Report Performance
Procurement performance reviews
48. 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.
Focus groups
Subproject
Constraints
System or Process
49. 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
Similarities between Operations and Projects
To-Complete Performance Index (TCPI)
Lag
Risk Consequences
50. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Corrective Action
Risk Audits
Revised Cost Estimates
Re-baselining