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Test your basic knowledge |
CAPM
Start Test
Study First
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. 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
Graphical Evaluation and Review Technique (GERT)
Team Building Activities
Communication Requirements Analysis
Life Cycle Costing
2. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Activity List
Risk Database
Estimate Activity Resources
Procurement file
3. A modification of a logical relationship that directs a delay in the successor activity.
Cost-reimbursable contracts
Perform Quality Control
Flowcharts
Lag
4. 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
Project Management Information Systems (PMIS)
Change Requests
Project Portfolio Management
Control Charts
5. 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
Project Scope Management
Project Human Resource Management
Project Procurement Management
Quality Policy
6. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Precedence Relationships
Work Results
Resource Leveling
Project
7. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Project Files
Plan Risk Responses
Grade
Graphical Evaluation and Review Technique (GERT)
8. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Analogous Estimating (top-down)
Project Assumption Testing
Recruitment Practices
Develop Schedule
9. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.
Project Procurement Management
Scope Management Plan
Corrective Action
Assumptions Analysis
10. A formal or informal approach to obtain information from stakeholders by talking to them directly
Resource Pool Descriptions
Interviews
Project Quality Management
Buyer-Seller relationship
11. Describes how individual requirements meet the business need for the project.
Focus groups
Scope Statement
Fixed- price contracts
Requirements Documentation
12. 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.
Quality Metrics
Scope Statement
Plan Communications
Cost Management Plan
13. 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
Schedule Baseline
Team Development
Scope Statement
Project Communications Management
14. Technique to evaluate the degree to which data about risks is useful for risk management.
Define Scope
Scope Statement
Prevention vs. Inspections
Data Precision Ranking
15. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Configuration Management System
Status Review Meetings
Flowcharts
Work Breakdown Structure (WBS)
16. 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
Proposal
Communications management plan
Assumptions
Total Float
17. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Project Quality Management
Project Selection Methods
Cost Management Plan
Program Evaluation and Review Technique (PERT)
18. Any modification to the agreed upon project scope as defined by the approved WBS
Resource Calendar
Perform Quantitative Risk Analysis
Scope Changes
Project Time Management
19. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Root Cause Analysis
Quality Metrics
Critical Path Method
Quality Audit
20. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si
Scope Change Control System
Proposal
Decomposition
Matrix Organization
21. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Trend Analysis
Organizational Policies
Project Management
Statistical Sampling
22. 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
Earned Value Analysis
Corrective Action
Procurement resources
Control Schedule
23. 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.
Lead
Risk Audits
Determine Budget
Sub Network / Fragment Network
24. 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.
Precedence Relationships
Projectized Organization
Activity List
Mandatory Dependencies (or Hard Logic)
25. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Inspection
Independent estimates
Plan Quality
Direct costs
26. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Constraints
Change Control System
Cost Management Plan
Inspection
27. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Deliverable
Observations
Qualified seller lists
Performance Reviews
28. 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
Flowcharts
Project Human Resource Management
Project Scope Management
Project Files
29. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Project Integration Management
Quality
Estimate Activity Durations
Develop Schedule
30. Used to solicit proposals from prospective sellers
Performance Reviews
Procurement Documents
Regulation
Projectized Organization
31. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Schedule updates
Functional Organization
Total Float
Free Float
32. 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.
Life Cycle Costing
Constraints
Project Risk Management
Quality Assurance
33. Involves developing a better understanding of the product of the project
Project Charter
Risk Audits
Product Analysis
Focus groups
34. A table that links requirements to their origin and traces them throughout the project life cycle
Performance Reports
Requirements Traceability Matrix
Estimate Activity Resources
Performance Reviews
35. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.
Risk Database
Mandatory Dependencies (or Hard Logic)
Root Cause Analysis
Buyer-Seller relationship
36. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Trend Analysis
Procurement performance reviews
Project Planning Methodology
Project Quality Management
37. 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
Project Management Information Systems (PMIS)
Project Human Resource Management
Team Building Activities
Resource Calendar
38. A requirement imposed by a governmental body and its compliance is mandatory.
Regulation
Change Requests
Revised Cost Estimates
Project Cost Management
39. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Procurement negotiations
Project Records
Formal acceptance and closure
Assumptions
40. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Cost-reimbursable contracts
Observations
Life Cycle Costing
Program
41. 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
Team Development
Constraints
Project Human Resource Management
Product Scope
42. 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
Cost Management Plan
Observations
External Feedback
Precedence Relationships
43. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Organizational Policies
Additional Risk Response Planning
Quality Policy
Simulation
44. 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
Stakeholder register
Probability and impact matrix
Work Results
Independent estimates
45. Effect on project objectives if the risk event occurs.
Communications management plan
Risk Consequences
Similarities between Operations and Projects
Graphical Evaluation and Review Technique (GERT)
46. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Estimate to Complete (ETC)
Bidder Conferences
Acceptance
Resource Leveling
47. Technologies or methods to transfer information among project stakeholders.
Work Results
Communications Technology
Contract Change Control System
Control Scope
48. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Perform Quality Control
Constraints
Determine Budget
Requirements Management Plan
49. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Perform Quality Control
Project Schedule
Acquire Project Team
Procurement performance reviews
50. 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.
Precedence Relationships
Rework
Risk Categories
Subproject