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. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






2. 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






3. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






4. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.






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






6. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.






7. An estimating technique that uses a statistical relationship between historical data and other variables to calculate an estimate for activity parameters - such as scope - cost - budget - and duration. An example for the cost parameter is multiplying






8. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






9. Involves developing a better understanding of the product of the project






10. 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






11. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






12. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






13. 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.






14. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.






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






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






17. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.






18. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






19. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






20. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






21. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






22. 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






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






24. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






25. Approved modifications to the project schedule that are used to manage the project






26. 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






27. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o






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






29. Modifications to the cost estimation prepared for the project






30. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.






31. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start






32. Project team must measure itself periodically against the expectations of those outside the project.






33. 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.






34. Outcome of activities performed to accomplish the project.






35. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






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






37. 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.






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






39. It can include correspondence - memos - meeting minutes - and documents describing the project.






40. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






41. Processes and procedures developed for the closing or canceling of projects.






42. A modification of a logical relationship that directs a delay in the successor activity.






43. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.






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






45. 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






46. Any modification to the agreed upon project scope as defined by the approved WBS






47. The process of determining project stakeholders' information needs and defining a communication approach.






48. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities






49. 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






50. 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.