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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






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






3. Describes the need - justification - requirements - and current boundaries for the project.






4. 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






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






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






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. A table that links requirements to their origin and traces them throughout the project life cycle






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






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






11. 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






12. 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






13. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.






14. 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






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






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






17. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






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






19. 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






20. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






21. 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.






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






23. 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.






24. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






25. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson






26. 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






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






28. Quantities to be performed for each specific category - and can be used to estimate activity durations






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






30. Considers the characteristics of those prospective staff who are available to join the project team.






31. 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






32. Used to rate or score seller proposals






33. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.






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






35. 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






36. 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






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






38. 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






39. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






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






41. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.






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






43. 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






44. 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 -






45. 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






46. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






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






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






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






50. Factors which - for planning purposes - are considered to be true - real or certain.






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