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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. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Lag
Functional Organization
Contract Change Control System
Conduct Procurements
2. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Bidder Conferences
Project Portfolio Management
Decomposition
3. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Earned Value Analysis
Scope Change Control System
Tolerances vs. Control limits
Interviews
4. Quantities to be performed for each specific category - and can be used to estimate activity durations
Estimate at Completion (EAC)
Contingency - Buffer - Reserve
Quantitatively based durations
Time and Material (T&M) Contracts
5. Involves setting a fixed total price for a defined product or service to be provided.
Develop Schedule
Trend Analysis
Product Analysis
Fixed- price contracts
6. 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
Change Control System
Responsibility Assignment Matrix (RAM)
Secondary Risks
Control Account
7. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Requirements Management Plan
Plan Risk Responses
Quality Policy
Coding Structure
8. Process of defining and documenting stakeholders' needs to meet the project objectives
Manage Stakeholder
Project Schedule
Contract Change Control System
Collect Requirements
9. 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
Contract Change Control System
Product description
Initiation
Scope Change Control System
10. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Monitor and Control Risks
Flowcharts
Control Schedule
Mandatory Dependencies (or Hard Logic)
11. Technologies or methods to transfer information among project stakeholders.
Communications Technology
Make-or-buy analysis
Report Performance
Prototypes
12. Process of developing a detailed description of the project and product
Collect Requirements
Define Scope
Decomposition
Change Requests
13. 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
Configuration Management System
Qualified seller lists
Estimate Costs
Group Creativity Techniques
14. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Work Results
Group Decision Making Techniques
Project Quality Management
Subproject
15. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Product Analysis
Status Review Meetings
Subproject
Documentation Reviews
16. 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
Scope baseline
Collocation
Corrective Action
Scope Management Plan
17. 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
Control Charts
Distribute Information
Assumptions Analysis
Procurement resources
18. 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.
Acceptance
Matrix Organization
Buyer-Seller relationship
Staffing Pool Description
19. The policies - guidelines - or procedures that govern the recruitment of staff.
Estimate Activity Resources
Recruitment Practices
Probabilistic Analysis of the project
Fixed- price contracts
20. 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
Procurement audits
Product Analysis
Risk
Project Stakeholders
21. 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.
Quality
Configuration Management System
Contingency - Buffer - Reserve
Scope Change Control System
22. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Project Files
Control Schedule
Risk Management Plan
Schedule Baseline
23. Processes and procedures developed for the closing or canceling of projects.
Project Closeout
Constraints
Subproject
Project Procurement Management
24. 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.
Quality Improvement
Procurement Statements of Work (SOW)
Work Authorization System
Observations
25. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Project Management Information Systems (PMIS)
Lag
Estimate Costs
System or Process
26. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Plan Risk Management
Project Risk Management
Project Procurement Management
Facilitated Workshops
27. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Determine Budget
Phase Exits/ Stage Gates/ Kill Points
Formal acceptance and closure
Group Creativity Techniques
28. 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
Transference
Project Time Management
Sensitivity Analysis
Identify Risks
29. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Procurement Statements of Work (SOW)
Training
Procurement file
Benchmarking
30. 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
Expert Judgment
Project Cost Management
Identify Risks
Work Results
31. Process of numerically analyzing the effect of identified risks on overall project objectives.
Risk Categories
Collect Requirements
Change Control System
Perform Quantitative Risk Analysis
32. 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.
Training
Estimate to Complete (ETC)
Additional Risk Response Planning
Project Quality Management
33. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Plan Risk Responses
Risk Categories
Prototypes
Schedule Compression
34. Features or services that characterize a product - result - or service
Schedule updates
Product Scope
Identify Stakeholders
Life Cycle Costing
35. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.
Schedule Compression
Verify Scope
Parametric Estimating
External Dependencies
36. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Procurement Statements of Work (SOW)
Risk
Data precision
Workaround plans
37. 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.
Simulation
Project Scope
Verify Scope
Collocation
38. 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
Analogous Estimating (top-down)
Assumptions
Project Files
Project Closeout
39. Any modification to the contents of the project plan or the supporting details.
Assumptions Analysis
Project Plan Updates
Product Scope
Project Quality Management
40. 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.
Projectized Organization
Group Creativity Techniques
Risk Audits
Scope Change Control System
41. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Prevention vs. Inspections
Organization Chart
Close procurements
Project Integration Management
42. 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.
Code of Accounts
Cost Management Plan
Lessons Learned
Develop Human Resource Plan
43. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Risk Database
Resource Leveling
Project Files
Perform Qualitative Risk Analysis
44. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Data precision
Transference
Procurement Management Plan
Communication Requirements Analysis
45. 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
Project Planning Methodology
Staffing Requirements
Scope baseline
Stakeholder Analysis
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.
Initiation
Change Requests
Checklists
Budget Updates
47. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Training
Project Management Information Systems (PMIS)
Sub Network / Fragment Network
Control Account
48. Charts/ 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 -
Information Distribution Methods
System or Process
Prioritized list of quantified risks
Trend Analysis
49. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Matrix Organization
Decomposition
Decision Tree
Documentation Reviews
50. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Quality
Performance Reports
Project Procurement Management
Project Life Cycle