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. Charts/ 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 -






2. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe






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






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






5. Involves immediate corrective or preventive action as a consequence of quality control measurements.






6. 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






7. Records of previous project results that can be used to identify risks.






8. 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






9. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






10. 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






11. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






12. Process of defining and documenting stakeholders' needs to meet the project objectives






13. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.






14. 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






15. Focused sessions that bring key cross-functional stakeholders together to define product requirements






16. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.






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






18. Outcome of activities performed to accomplish the project.






19. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






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






21. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.






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






23. Any modification to the contents of the project plan or the supporting details.






24. 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.






25. Effect on project objectives if the risk event occurs.






26. Any numbering system used to uniquely identify each component of the work breakdown structure.






27. 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






28. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.






29. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.






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






31. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






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






33. 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.






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.






35. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






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






37. Involves setting a fixed total price for a defined product or service to be provided.






38. 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.






39. Process of defining how to conduct risk management activities for a project.






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






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






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






43. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.






44. 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.






45. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






46. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






47. 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.






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






49. Determining which risks may affect the project and documenting their characteristics.






50. Factors that limit a buyer's options. E.g. - funds availability