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






2. 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.






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.






4. Documents the characteristics of the product - result - or service which the project is undertaken to create.






5. Factors that - for planning purposes - will be considered true - real or certain.






6. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






7. Describes how risk management will be structured and performed on the project.






8. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






9. Used to rate or score seller proposals






10. An applicable restriction that will affect the performance of the project/process.






11. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






12. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






13. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






14. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the






15. 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.






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






17. Process of identifying the specific actions to be performed to produce the project deliverables.






18. 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






19. Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education - knowledg






20. 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.






21. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






22. 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






23. 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.






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






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






26. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






27. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






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






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






30. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






31. 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.






32. 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.






33. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.






34. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






35. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.






36. Factors that will limit the project management team's options (e.g. - a predefined budget)






37. 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.






38. A documented list of project team members - their project roles - and communication information.






39. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.






40. The policies - guidelines - or procedures that govern the recruitment of staff.






41. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






42. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






43. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






44. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana






45. 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.






46. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






47. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






48. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th






49. Risks that arise as a direct result of implementing a risk response.






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