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CAPM
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Subjects
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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study here
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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. Processes and procedures developed for the closing or canceling of projects.
Proposals
Project Closeout
Fast Tracking
Time and Material (T&M) Contracts
2. Project team must measure itself periodically against the expectations of those outside the project.
Bid / quotation
Total Float
Proposal
External Feedback
3. 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
Project Quality Management
Project Stakeholders
Procurement resources
Differences between Operations and Project
4. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Staffing Requirements
Change Control System
Project Procurement Management
Risk Consequences
5. 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.
Quality Audit
Procurement performance reviews
Project Risk Management
Distribute Information
6. A documented list of project team members - their project roles - and communication information.
Project Team Directory
Crashing
External Feedback
Risk Audits
7. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.
Re-baselining
Schedule Compression
Monitor and Control Risks
Estimate Activity Resources
8. 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.
Quality Improvement
Trend Analysis
Decomposition
Technical performance measurement
9. Technologies or methods to transfer information among project stakeholders.
Decision Tree
Communications Technology
Avoidance
Benchmarking
10. The planned dates to perform schedule activities and the planned dates for meeting schedule milestones. Includes planned start and finish dates for the project's activities - milestones - work packages - planning packages - and control accounts. This
Project Schedule
Brainstorming
Probabilistic Analysis of the project
Risk
11. 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.
Procurement file
Benchmarking
Projectized Organization
Process Adjustments
12. Process of obtaining seller responses - selecting a seller - and awarding a contract
Quality Management Plan
Conduct Procurements
Report Performance
Project Records
13. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Time and Material (T&M) Contracts
Project Scope
Training
Project Assumption Testing
14. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold
Control Schedule
Stakeholder Analysis
Documentation Reviews
Close procurements
15. 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.
Program Evaluation and Review Technique (PERT)
Deliverable
Estimate Costs
Contract
16. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Forecasting
Quality Audit
Corrective Action
Critical Path Method
17. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Tolerances vs. Control limits
Communications management plan
Product Analysis
Corrective Action
18. 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
Make-or-buy analysis
Project Schedule
Deliverable
19. Factors that - for planning purposes - will be considered true - real or certain.
Assumptions
Stakeholder Analysis
Data Precision Ranking
Formal acceptance and closure
20. Process of formalizing acceptance of the completed project deliverables
Group Decision Making Techniques
Project Scope
Code of Accounts
Verify Scope
21. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Project Human Resource Management
Estimate Activity Resources
Project Human Resource Management
Project Time Management
22. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Lag
Re-baselining
Acceptance
Organizational Policies
23. Describes how risk management will be structured and performed on the project.
Communications management plan
Constraints
Inspection
Risk Management Plan
24. Determining which risks may affect the project and documenting their characteristics.
Critical Path Methodology (CPM)
Identify Risks
Assumptions
Simulation
25. 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
Revised Cost Estimates
Work Results
Quality Improvement
To-Complete Performance Index (TCPI)
26. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Organization Breakdown Structure
Analogous Estimating / Top-down
Project Life Cycle
Close procurements
27. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.
Sequence Activities
Resource Calendar
Graphical Evaluation and Review Technique (GERT)
Make-or-buy analysis
28. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Responsibility Assignment Matrix (RAM)
Project Integration Management
Lag
Risk management policies
29. Modifications to the cost estimation prepared for the project
Critical Path Methodology (CPM)
Cost-reimbursable contracts
Revised Cost Estimates
Acquire Project Team
30. 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
Product description
Plan Risk Management
Resource Calendar
Quantitatively based durations
31. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Procurement resources
Corrective Action
Resource Leveling
Group Creativity Techniques
32. 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.
Brainstorming
Bottom-up Estimating
Work Results
Subproject
33. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Probability and impact matrix
Control Scope
Project Selection Methods
Initiation
34. 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
Communication Requirements Analysis
Checklists
Simulation
Constraints
35. Process of defining how to conduct risk management activities for a project.
Plan Risk Management
Project Portfolio Management
Fixed- price contracts
Checklists
36. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Control Account
Cost Management Plan
Project Procurement Management
Estimate Costs
37. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Status Review Meetings
Contingency - Buffer - Reserve
Critical Path Method
Staffing Pool Description
38. 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
Revised Cost Estimates
Risk Categories
Project Records
Product Analysis
39. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Procurement performance reviews
Direct costs
Bid / quotation
Status Review Meetings
40. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Project Planning Methodology
Lessons Learned
Bottom-up Estimating
Residual Risks
41. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Quality Audit
Project Integration Management
Project Portfolio Management
Communication Requirements Analysis
42. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Analogous Estimating / Top-down
Simulation
Mitigation
Quality Policy
43. Special category of revised cost estimates to an approved cost baseline.
Schedule updates
Prevention vs. Inspections
Project Quality Management
Human Resource Practices
44. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Project Quality Management
Schedule updates
Administer procurements
External Feedback
45. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.
Schedule Compression
Work Breakdown Structure (WBS)
Contract Change Control System
Project Assumption Testing
46. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Subproject
Decision Tree
Project Quality Management
Prototypes
47. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Design of Experiments (DOE)
Contract Change Control System
Determine Budget
Team Building Activities
48. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Plan Quality
Constraints
Probabilistic Analysis of the project
Project Communications Management
49. 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
Close procurements
Code of Accounts
Projectized Organization
Flowcharts
50. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Data precision
Project Charter
Simulation
Corrective Action
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