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. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.






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






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






4. 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.






5. 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






6. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






7. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






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






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






10. 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






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






12. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w






13. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.






14. 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.






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






16. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






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






18. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






19. 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






20. 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.






21. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t






22. 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.






23. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be






24. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v






25. 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






26. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






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






28. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking






29. Probability that a risk will occur.






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. 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.






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






33. Used to rate or score seller proposals






34. 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






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






36. 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.






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






38. Allows for probabilistic treatment of both network logic and activity duration estimates






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






40. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






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






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






43. Changing the project management plan to eliminate the threat entirely.






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






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






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






47. 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.






48. 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.






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






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