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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. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Risk Audits
Design of Experiments (DOE)
Product description
Project Files
2. 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
Work Authorization System
Project
Project Scope Management
Stakeholder register
3. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Resource Leveling
Mandatory Dependencies (or Hard Logic)
Source Selection Criteria
Resource Pool Descriptions
4. 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.
Risk Management Plan
Scope baseline
Quality Improvement
Perform Qualitative Risk Analysis
5. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Root Cause Analysis
Facilitated Workshops
Communications Technology
Transference
6. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Trend Analysis
Design of Experiments (DOE)
Estimate Costs
Determine Budget
7. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Process Adjustments
Organization Breakdown Structure
Project Selection Methods
Plan Risk Management
8. Determining which risks may affect the project and documenting their characteristics.
Brainstorming
Identify Risks
Bottom-up Estimating
Program
9. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Regulation
Sub Network / Fragment Network
Human Resource Practices
Scope Changes
10. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Lessons Learned
Additional Risk Response Planning
Administer procurements
Scope Statement
11. Involves developing a better understanding of the product of the project
External Feedback
Product Analysis
Project Plan
Project Human Resource Management
12. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Project Communications Management
Change Control System
Procurement audits
Requirements Documentation
13. Considers the characteristics of those prospective staff who are available to join the project team.
Simulation
Project Integration Management
Probability and impact matrix
Staffing Pool Description
14. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc
Organizational Policies
Quality Metrics
Tolerances vs. Control limits
Critical Path Methodology (CPM)
15. Processes and procedures developed for the closing or canceling of projects.
Project Life Cycle
Inspection
Initiation
Resource Calendar
16. Technique to evaluate the degree to which data about risks is useful for risk management.
Stakeholder register
Data Precision Ranking
Proposal
Deliverable
17. Modifications to the cost estimation prepared for the project
Statistical Sampling
Revised Cost Estimates
Project Charter
Project Time Management
18. 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
Human Resource Practices
Lead
Time and Material (T&M) Contracts
Project Time Management
19. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve
Quality Assurance
Budget Updates
Project Management
Project Schedule
20. 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.
Define Activities
Requirements Management Plan
Perform Quantitative Risk Analysis
Estimate at Completion (EAC)
21. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Assumptions Analysis
Group Decision Making Techniques
Acceptance
Quality Improvement
22. 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
Regulation
Stakeholder Analysis
Probabilistic Analysis of the project
External Feedback
23. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Collect Requirements
Similarities between Operations and Projects
Resource Leveling
Project Scope Management
24. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Training
Bottom-up Estimating
Procurement Management Plan
Buyer-Seller relationship
25. 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.
Re-baselining
Initiation
Projectized Organization
Project Procurement Management
26. Special category of revised cost estimates to an approved cost baseline.
Design of Experiments (DOE)
Training
Deliverable
Budget Updates
27. A requirement imposed by a governmental body and its compliance is mandatory.
Estimate Activity Resources
Regulation
Resource Calendar
Observations
28. Meetings held to assess project status and/or progress.
Conduct Procurements
Work Results
Performance Reviews
Project Communications Management
29. Outcome of activities performed to accomplish the project.
Procurement Statements of Work (SOW)
Tolerances vs. Control limits
Work Results
Bid / quotation
30. A documented list of project team members - their project roles - and communication information.
Tolerances vs. Control limits
Project Management
Project Team Directory
Decomposition
31. 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
Project Communications Management
Group Creativity Techniques
Critical Path Methodology (CPM)
32. 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.
Budget Updates
Buyer-Seller relationship
Source Selection Criteria
Verify Scope
33. It can include correspondence - memos - meeting minutes - and documents describing the project.
External Dependencies
Project Planning Methodology
Cost-reimbursable contracts
Project Records
34. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Tolerances vs. Control limits
Close procurements
Project Risk Management
Re-baselining
35. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Scope Change Control System
Define Scope
Corrective Action
Focus groups
36. 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.
Acceptance
Work Results
Communications Technology
Report Performance
37. The process of determining project stakeholders' information needs and defining a communication approach.
Plan Communications
Quality Management Plan
Corrective Action
Conditional Diagramming Methods
38. Collection of generally sequential project phases.
Project Life Cycle
Quality Management Plan
Scope Management Plan
Project Records
39. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Risk Audits
Forecasting
Decision Tree
Requirements Traceability Matrix
40. 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.
Statistical Sampling
Assumptions Analysis
Templates
Independent estimates
41. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.
Assumptions Analysis
Indirect costs / Overhead costs
Estimate Costs
Define Scope
42. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Control Account
Work Results
Subproject
Observations
43. 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
Precedence Relationships
Procurement Management Plan
Identify Stakeholders
Assumptions Analysis
44. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v
Project Quality Management
Contract
Tolerances vs. Control limits
Sensitivity Analysis
45. Process of redefining the cost performance/schedule/performance measurement/technical baseline. If cost variances are severe - re-baselining is needed to provide a realistic measure of performance.
Attribute Sampling vs. Variables Sampling
System or Process
Performance Reviews
Project Risk Management
46. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.
Communication Requirements Analysis
Perform Quality Control
Contract Change Control System
Estimate Costs
47. Used to solicit proposals from prospective sellers
Acceptance
Project Plan
Statistical Sampling
Procurement Documents
48. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Project Cost Management
Define Scope
Re-baselining
Close procurements
49. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Project Life Cycle
Quality
Risk Audits
50. 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
Parametric Estimating
Project Stakeholders
Prioritized list of quantified risks
Probabilistic Analysis of the project