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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. It can include correspondence - memos - meeting minutes - and documents describing the project.
Project Records
Performance Reports
Estimate at Completion (EAC)
Training
2. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Projectized Organization
Functional Organization
System or Process
Formal acceptance and closure
3. Processes and procedures developed for the closing or canceling of projects.
Inspection
Configuration Management System
Procurement audits
Bidder Conferences
4. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Develop Human Resource Plan
Risk management policies
Monitor and Control Risks
Project Management Information Systems (PMIS)
5. 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
Project Communications Management
Control Scope
Project Time Management
Bidder Conferences
6. 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
Make-or-buy analysis
Resource Leveling
Acquire Project Team
Phase Exits/ Stage Gates/ Kill Points
7. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Project Human Resource Management
Communications management plan
Crashing
Time and Material (T&M) Contracts
8. 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
Perform Quality Control
Project Management Information Systems (PMIS)
Lessons Learned
9. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Control Costs
Organization Breakdown Structure
Quality Improvement
Proposals
10. 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.
Close procurements
Project Plan Updates
Project Human Resource Management
Cost Management Plan
11. 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.
Cost Management Plan
Schedule Compression
Scope Change Control System
Interviews
12. A formal or informal approach to obtain information from stakeholders by talking to them directly
Interviews
Phase Exits/ Stage Gates/ Kill Points
Documentation Reviews
Benchmarking
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
Scope Changes
Fast Tracking
Analogous Estimating / Top-down
Requirements Management Plan
14. 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
Project Assumption Testing
Product Scope
Manage Stakeholder
Cost Performance Baseline
15. 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
Define Scope
Responsibility Assignment Matrix (RAM)
Bottom-up Estimating
Control Costs
16. Processes and procedures developed for the closing or canceling of projects.
Project Closeout
Re-baselining
Requirements Management Plan
Project Plan Updates
17. 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
Flowcharts
Scope baseline
Qualified seller lists
Life Cycle Costing
18. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Team Development
Project Procurement Management
Project Human Resource Management
Scope Change Control System
19. 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
Revised Cost Estimates
Design of Experiments (DOE)
Product Scope
Requirements Traceability Matrix
20. 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 -
Project Files
Initiation
Project Management Information Systems (PMIS)
System or Process
21. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Team Building Activities
Probabilistic Analysis of the project
Work Authorization System
Project Quality Management
22. 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 Stakeholders
Statistical Sampling
Fixed- price contracts
Project Files
23. Process of defining and documenting stakeholders' needs to meet the project objectives
Collect Requirements
Conduct Procurements
Project Charter
External Dependencies
24. 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
Attribute Sampling vs. Variables Sampling
Requirements Documentation
Simulation
Parametric Estimating
25. Considers the characteristics of those prospective staff who are available to join the project team.
Forecasting
Scope Change Control System
Cost Management Plan
Staffing Pool Description
26. The process of determining project stakeholders' information needs and defining a communication approach.
Project Communications Management
Human Resource Practices
Plan Communications
Procurement file
27. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Trend Analysis
Similarities between Operations and Projects
Re-baselining
Data precision
28. Outcome of activities performed to accomplish the project.
Control Scope
External Feedback
Project Plan
Work Results
29. Process of identifying the specific actions to be performed to produce the project deliverables.
Distribute Information
Root Cause Analysis
Proposals
Define Activities
30. Project team must measure itself periodically against the expectations of those outside the project.
Independent estimates
External Feedback
Cost Performance Baseline
Project Scope Management
31. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Expert Judgment
Change Requests
Procurement negotiations
Control Costs
32. 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.
Risk
Program Evaluation and Review Technique (PERT)
Product Scope
Scope Changes
33. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Facilitated Workshops
Information Distribution Methods
Direct costs
Control Costs
34. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Quantitatively based durations
Project Charter
Flowcharts
Mathematical Analysis
35. 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
Requirements Documentation
Residual Risks
Estimate Activity Durations
36. 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.
Determine Budget
Budget Updates
Quality Management Plan
Project Scope
37. 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.
Similarities between Operations and Projects
Critical Path Method
Quality
Analogous Estimating (top-down)
38. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Procurement performance reviews
Identify Risks
Group Decision Making Techniques
Risk Database
39. Includes the processes that organize - manage - and lead the project team.
Benchmarking
Assumptions
Plan Procurements
Project Human Resource Management
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.
Assumptions Analysis
Design of Experiments (DOE)
Estimate Activity Resources
Plan Risk Management
41. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Risk Categories
Report Performance
Project Procurement Management
Rework
42. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Schedule Baseline
Documentation Reviews
Simulation
Determine Budget
43. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Design of Experiments (DOE)
Free Float
Project Procurement Management
Training
44. It compares cost performance over time - schedule activities or work packages overrunning and under running the budget - and estimated funds needed to complete work in progress.
Perform Quantitative Risk Analysis
Product description
Quality Improvement
Schedule Compression
45. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Simulation
Inspection
Code of Accounts
Differences between Operations and Project
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
Project Charter
Lessons Learned
Project Communications Management
Responsibility Assignment Matrix (RAM)
47. 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
Simulation
Procurement audits
Project Human Resource Management
48. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Group Decision Making Techniques
Make-or-buy analysis
Similarities between Operations and Projects
Team Building Activities
49. 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
Risk Audits
Risk probability
Identify Stakeholders
50. 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.
Transference
Qualified seller lists
Prioritized list of quantified risks
Risk Categories