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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. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans
Lead
Residual Risks
Similarities between Operations and Projects
Regulation
2. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Product description
Root Cause Analysis
Forecasting
Project Selection Methods
3. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Project Team Directory
Project Assumption Testing
Project Procurement Management
Product Analysis
4. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.
Direct costs
Performance Reviews
Qualified seller lists
Acceptance
5. 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
Templates
Collocation
Resource Calendar
Risk Consequences
6. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Organization Breakdown Structure
Direct costs
Perform Quantitative Risk Analysis
Plan Procurements
7. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.
Plan Risk Responses
Project Human Resource Management
Quality Metrics
Plan Risk Management
8. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Project Planning Methodology
Analogous Estimating / Top-down
Risk Audits
External Feedback
9. 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.
Facilitated Workshops
Work Authorization System
Sequence Activities
Coding Structure
10. 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
Total Float
Coding Structure
Brainstorming
Facilitated Workshops
11. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Product Analysis
Contract
Risk management policies
12. 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.
Group Decision Making Techniques
Distribute Information
Fixed- price contracts
Precedence Relationships
13. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Project Risk Management
Performance Reports
Simulation
Transference
14. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Inspection
Resource Pool Descriptions
Observations
Staffing Pool Description
15. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Prototypes
Bidder Conferences
Scope Management Plan
Activity List
16. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Communications Technology
Trend Analysis
Rework
Project Cost Management
17. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization
Initiation
Project Procurement Management
Manage Stakeholder
Rework
18. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Performance Reports
Deliverable
Regulation
Plan Risk Management
19. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Resource Calendar
Perform Quality Control
Qualified seller lists
Tolerances vs. Control limits
20. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning
Product description
Project Risk Management
Analogous Estimating (top-down)
Grade
21. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Acceptance
Mandatory Dependencies (or Hard Logic)
Templates
Procurement Management Plan
22. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Project Human Resource Management
Conditional Diagramming Methods
Checklists
Resource Leveling
23. 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
Design of Experiments (DOE)
Flowcharts
Project Plan Updates
Code of Accounts
24. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.
Project Charter
Additional Risk Response Planning
Risk
Performance Reviews
25. 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
Change Requests
Direct costs
Information Distribution Methods
26. Process of identifying the specific actions to be performed to produce the project deliverables.
Lead
Group Decision Making Techniques
Define Activities
Procurement resources
27. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Project Assumption Testing
Procurement resources
Project Charter
Corrective Action
28. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Group Creativity Techniques
Procurement file
Procurement negotiations
Project Charter
29. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Close procurements
Group Decision Making Techniques
Interviews
Schedule Baseline
30. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Distribute Information
Estimate to Complete (ETC)
Risk Categories
Workaround plans
31. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.
Scope Change Control System
Collocation
Administer procurements
Deliverable
32. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Forecasting
Risk Audits
Perform Quantitative Risk Analysis
Project Communications Management
33. 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
Lead
Responsibility Assignment Matrix (RAM)
Acquire Project Team
Project Communications Management
34. Collection of generally sequential project phases.
Define Scope
Tolerances vs. Control limits
Project Life Cycle
Cost Performance Baseline
35. A requirement imposed by a governmental body and its compliance is mandatory.
Budget Updates
Estimate at Completion (EAC)
Regulation
Phase Exits/ Stage Gates/ Kill Points
36. 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
Quality Improvement
Project Stakeholders
Project Assumption Testing
Tolerances vs. Control limits
37. Charts that are used to show positions and relationships in a graphical format.
Independent estimates
Plan Risk Responses
Organization Chart
Subproject
38. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Project Procurement Management
Interviews
Scope baseline
Parametric Estimating
39. Special category of revised cost estimates to an approved cost baseline.
Project Files
Schedule Baseline
Budget Updates
Responsibility Assignment Matrix (RAM)
40. 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
Risk Register
Project Scope
Change Control System
Benchmarking
41. 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
Lead
Configuration Management System
Risk Database
Re-baselining
42. 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
Group Decision Making Techniques
External Dependencies
Stakeholder register
Organizational Policies
43. 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
Performance Reports
Scope Change Control System
Stakeholder Analysis
Matrix Organization
44. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Technical performance measurement
Grade
Transference
Contract
45. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Parametric Estimating
Estimate at Completion (EAC)
Project Risk Management
46. 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.
Scope Changes
Change Requests
Project Risk Management
Project Human Resource Management
47. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Group Decision Making Techniques
Project Procurement Management
Communications management plan
Triggers
48. Project team must measure itself periodically against the expectations of those outside the project.
External Feedback
Total Float
Procurement file
Assumptions
49. 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.
Product description
Work Breakdown Structure (WBS)
External Dependencies
Sub Network / Fragment Network
50. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform
Group Creativity Techniques
Analogous Estimating (top-down)
Project Management Information Systems (PMIS)
Subproject