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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. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers
Project Risk Management
Documentation Reviews
Checklists
Qualified seller lists
2. Special category of revised cost estimates to an approved cost baseline.
Budget Updates
Procurement negotiations
Staffing Pool Description
Product Analysis
3. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Checklists
Schedule Compression
Perform Qualitative Risk Analysis
Project Planning Methodology
4. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Quality Assurance
Risk Database
Forecasting
Sequence Activities
5. 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.
Project Communications Management
Similarities between Operations and Projects
Projectized Organization
Regulation
6. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Constraints
Buyer-Seller relationship
Constraints
Scope Change Control System
7. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Code of Accounts
Checklists
Risk Management Plan
Estimate Costs
8. Changing the project management plan to eliminate the threat entirely.
Avoidance
Expert Judgment
Prevention vs. Inspections
Statistical Sampling
9. 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.
Mitigation
Quality Management Plan
Collocation
Administer procurements
10. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
Prioritized list of quantified risks
Control Costs
Procurement Documents
Project Management Information Systems (PMIS)
11. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Statistical Sampling
Residual Risks
Mandatory Dependencies (or Hard Logic)
Tolerances vs. Control limits
12. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Transference
Independent estimates
Verify Scope
Benchmarking
13. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Distribute Information
Lag
Project Files
Product description
14. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.
External Feedback
Administer procurements
Critical Path Method
Grade
15. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Technical performance measurement
Project Quality Management
Product description
Re-baselining
16. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Flowcharts
Direct costs
Independent estimates
Assumptions Analysis
17. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Project Time Management
Project Quality Management
Develop Human Resource Plan
Subproject
18. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Develop Schedule
Assumptions Analysis
Source Selection Criteria
Communication Requirements Analysis
19. An applicable restriction that will affect the performance of the project/process.
Scope Changes
Constraints
Identify Risks
Risk probability
20. Probability that a risk will occur.
Buyer-Seller relationship
Risk probability
Facilitated Workshops
Procurement performance reviews
21. 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.
Project Communications Management
Project Planning Methodology
Secondary Risks
Work Authorization System
22. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the
Data precision
External Dependencies
Cost-reimbursable contracts
Fast Tracking
23. 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.
Functional Organization
Communications Technology
Sequence Activities
Budget Updates
24. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope
Project Selection Methods
Scope Management Plan
Estimate Activity Resources
Administer procurements
25. 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 Life Cycle
Project Stakeholders
Project Time Management
Procurement Statements of Work (SOW)
26. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Mitigation
Project Human Resource Management
Time and Material (T&M) Contracts
Estimate at Completion (EAC)
27. 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
Fast Tracking
Project Integration Management
Sub Network / Fragment Network
Program Evaluation and Review Technique (PERT)
28. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Project Charter
Project Records
Resource Leveling
Communication Requirements Analysis
29. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Mitigation
Activity List
Lead
30. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative
Close procurements
Program Evaluation and Review Technique (PERT)
Control Account
Brainstorming
31. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Verify Scope
Buyer-Seller relationship
Prototypes
Stakeholder Analysis
32. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Communication Requirements Analysis
Life Cycle Costing
Plan Quality
Simulation
33. Technique to evaluate the degree to which data about risks is useful for risk management.
Data Precision Ranking
Product Description
Rework
Coding Structure
34. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Earned Value Analysis
Inspection
Project Schedule Network Diagrams
Corrective Action
35. 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
System or Process
Cost-reimbursable contracts
Time and Material (T&M) Contracts
Manage Stakeholder
36. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Program
Plan Quality
Fast Tracking
Team Development
37. The process of determining project stakeholders' information needs and defining a communication approach.
Plan Communications
Group Creativity Techniques
Indirect costs / Overhead costs
Project Management
38. 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
Facilitated Workshops
Matrix Organization
Constraints
Process Adjustments
39. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Conduct Procurements
Verify Scope
Information Distribution Methods
Triggers
40. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.
Bottom-up Estimating
Additional Risk Response Planning
Collocation
Estimate at Completion (EAC)
41. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Free Float
Qualified seller lists
Flowcharts
Quantitatively based durations
42. Process of numerically analyzing the effect of identified risks on overall project objectives.
Project Quality Management
Project
Perform Quantitative Risk Analysis
Lag
43. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Proposals
Develop Schedule
Facilitated Workshops
Triggers
44. Modifications to the cost estimation prepared for the project
Cost Performance Baseline
Perform Quality Control
Mandatory Dependencies (or Hard Logic)
Quality
45. Any numbering system used to uniquely identify each component of the work breakdown structure.
Code of Accounts
Control Costs
Requirements Traceability Matrix
Training
46. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
Lessons Learned
Decomposition
Project Assumption Testing
Constraints
47. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo
Project Communications Management
Configuration Management System
Project Human Resource Management
Project Plan Updates
48. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Training
Avoidance
Secondary Risks
49. Involves setting a fixed total price for a defined product or service to be provided.
Project Management Information Systems (PMIS)
Fixed- price contracts
Communications management plan
Conditional Diagramming Methods
50. Allows for probabilistic treatment of both network logic and activity duration estimates
Risk Register
Observations
Graphical Evaluation and Review Technique (GERT)
Identify Stakeholders