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. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






2. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






3. 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.






4. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac






5. 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






6. 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.






7. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.






8. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve






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






10. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology






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






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






13. 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






14. 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.






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






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






17. Meetings held to assess project status and/or progress.






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. 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.






20. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






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






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






23. A requirement imposed by a governmental body and its compliance is mandatory.






24. 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






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






26. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






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






28. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con






29. 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






30. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje






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






32. 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






33. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






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






35. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






36. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






37. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






38. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






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






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






41. A project is a temporary endeavor undertaken to create a unique product - service - or result






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






43. 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.






44. Technique to evaluate the degree to which data about risks is useful for risk management.






45. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






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






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






48. 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






49. Probability that a risk will occur.






50. Used to solicit proposals from prospective sellers