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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 Database
Performance Reviews
Root Cause Analysis
Project Files
2. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Quality Policy
Indirect costs / Overhead costs
Work Results
Prevention vs. Inspections
3. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte
Crashing
Collocation
Identify Stakeholders
Distribute Information
4. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Performance Reviews
Requirements Traceability Matrix
Initiation
Corrective Action
5. Technique to evaluate the degree to which data about risks is useful for risk management.
Observations
Matrix Organization
Data Precision Ranking
Lead
6. Describes how individual requirements meet the business need for the project.
Communication Requirements Analysis
Risk Audits
Requirements Documentation
Project Human Resource Management
7. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Configuration Management System
Observations
Group Creativity Techniques
Contract Change Control System
8. Used to solicit proposals from prospective sellers
Procurement Documents
Parametric Estimating
Project Procurement Management
Earned Value Analysis
9. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Triggers
Control Costs
Inspection
Critical Path Methodology (CPM)
10. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Contingency - Buffer - Reserve
Identify Risks
Mitigation
Project Communications Management
11. Processes and procedures developed for the closing or canceling of projects.
External Dependencies
Project Closeout
Residual Risks
Additional Risk Response Planning
12. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.
Corrective Action
Define Scope
Control Charts
Quality
13. 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.
Project Scope Management
Project Human Resource Management
Verify Scope
Attribute Sampling vs. Variables Sampling
14. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.
Sequence Activities
Cost Management Plan
Plan Risk Responses
Estimate at Completion (EAC)
15. Process of defining and documenting stakeholders' needs to meet the project objectives
Collect Requirements
Inspection
Define Activities
Procurement performance reviews
16. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Probabilistic Analysis of the project
Program
Product Description
Project Cost Management
17. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Control Scope
Schedule Compression
Staffing Pool Description
Fast Tracking
18. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Graphical Evaluation and Review Technique (GERT)
Quality Metrics
Organizational Policies
Activity List
19. 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.
Perform Qualitative Risk Analysis
Pareto Diagram/ Chart
Program Evaluation and Review Technique (PERT)
Regulation
20. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Information Distribution Methods
Prototypes
Quality Management Plan
Change Control System
21. Any numbering system used to uniquely identify each component of the work breakdown structure.
Project Human Resource Management
Project Risk Management
Code of Accounts
Scope Changes
22. 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
Team Building Activities
Organization Chart
Perform Qualitative Risk Analysis
Project Schedule
23. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Earned Value Analysis
Performance Reports
Facilitated Workshops
Deliverable
24. Process of defining how to conduct risk management activities for a project.
Plan Risk Management
Simulation
Expert Judgment
Team Building Activities
25. Involves developing a better understanding of the product of the project
Bidder Conferences
Probabilistic Analysis of the project
Project Team Directory
Product Analysis
26. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Develop Schedule
Total Float
Verify Scope
Project Charter
27. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Project Quality Management
Quality Assurance
Probability and impact matrix
Indirect costs / Overhead costs
28. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Distribute Information
Quality Metrics
Group Creativity Techniques
Sensitivity Analysis
29. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Project Quality Management
Observations
Risk management policies
Fixed- price contracts
30. 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
Assumptions
Decision Tree
Make-or-buy analysis
Design of Experiments (DOE)
31. 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.
Assumptions
Sequence Activities
Benchmarking
Estimate Activity Durations
32. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.
To-Complete Performance Index (TCPI)
Identify Stakeholders
Procurement negotiations
Proposal
33. A formal or informal approach to obtain information from stakeholders by talking to them directly
Constraints
Interviews
Benchmarking
Tolerances vs. Control limits
34. 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.
Tolerances vs. Control limits
Distribute Information
Information Distribution Methods
Prioritized list of quantified risks
35. 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.
Critical Path Method
Graphical Evaluation and Review Technique (GERT)
Report Performance
Change Control System
36. Used to rate or score seller proposals
Regulation
Constraints
Source Selection Criteria
Code of Accounts
37. 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
Graphical Evaluation and Review Technique (GERT)
Control Charts
Risk Database
Stakeholder Analysis
38. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Technical performance measurement
Critical Path Method
Group Creativity Techniques
Lead
39. The work that must be done to deliver a product with the specified features and functions
Project Scope
Control Charts
Make-or-buy analysis
Formal acceptance and closure
40. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Technical performance measurement
Acquire Project Team
Project Cost Management
Work Breakdown Structure (WBS)
41. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Project Files
Formal acceptance and closure
Perform Qualitative Risk Analysis
Graphical Evaluation and Review Technique (GERT)
42. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Proposal
Risk
Cost Performance Baseline
Project Procurement Management
43. 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
Matrix Organization
Performance Reviews
Probabilistic Analysis of the project
Collocation
44. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica
Communications management plan
Benchmarking
Constraints
Estimate Costs
45. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Contract Change Control System
Cost Performance Baseline
Plan Procurements
Quality Audit
46. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Acquire Project Team
Performance Reports
Cost-reimbursable contracts
Procurement performance reviews
47. 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.
Project Procurement Management
Risk
Perform Quality Control
Re-baselining
48. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Plan Procurements
Close procurements
Scope baseline
Buyer-Seller relationship
49. Changing the project management plan to eliminate the threat entirely.
Avoidance
Lag
Proposal
Re-baselining
50. 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
Training
Fast Tracking
Forecasting
Risk probability