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. The process of determining project stakeholders' information needs and defining a communication approach.






2. 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.






3. Describes how risk management will be structured and performed on the project.






4. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






5. 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.






6. Involves setting a fixed total price for a defined product or service to be provided.






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






8. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews






9. A documented list of project team members - their project roles - and communication information.






10. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






11. Collection of generally sequential project phases.






12. 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.






13. 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






14. 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.






15. Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education - knowledg






16. Probability that a risk will occur.






17. A table that links requirements to their origin and traces them throughout the project life cycle






18. 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






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






20. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






21. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe






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






23. 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.






24. Records of previous project results that can be used to identify risks.






25. A modification of a logical relationship that directs a delay in the successor activity.






26. Documents the characteristics of the product - result - or service which the project is undertaken to create.






27. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






28. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






29. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






30. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






31. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






32. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.






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






34. Effect on project objectives if the risk event occurs.






35. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






36. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






37. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.






38. 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.






39. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.






40. 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






41. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.






42. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






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






44. A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower - more detailed pieces of work. These estimates are then aggregated into a to






45. Involves immediate corrective or preventive action as a consequence of quality control measurements.






46. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.






47. Process of numerically analyzing the effect of identified risks on overall project objectives.






48. Approved modifications to the project schedule that are used to manage the project






49. 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






50. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity