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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 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
Organizational Policies
Stakeholder Analysis
Program
Information Distribution Methods
2. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
Mathematical Analysis
Conduct Procurements
Plan Quality
3. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Quality
To-Complete Performance Index (TCPI)
Project Procurement Management
Scope Management Plan
4. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Quality Audit
Proposal
Interviews
Quality Management Plan
5. 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.
Forecasting
Additional Risk Response Planning
Assumptions
Project Files
6. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Project Files
Assumptions
Mathematical Analysis
Performance Reviews
7. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
External Dependencies
Contingency - Buffer - Reserve
Project Cost Management
Define Activities
8. 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.
Scope Changes
Decision Tree
Re-baselining
Collocation
9. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.
Sub Network / Fragment Network
Project Procurement Management
Plan Risk Responses
Sensitivity Analysis
10. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Human Resource Practices
Scope Statement
Report Performance
Plan Communications
11. Processes and procedures developed for the closing or canceling of projects.
Project
Project Closeout
Coding Structure
Mitigation
12. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Prototypes
Schedule Compression
Define Scope
Organization Breakdown Structure
13. 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.
Control Account
Quality
Procurement file
Functional Organization
14. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.
Acquire Project Team
Quality
Project Management Information Systems (PMIS)
Project Human Resource Management
15. 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.
Project Files
Attribute Sampling vs. Variables Sampling
Quality Management Plan
Conduct Procurements
16. 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.
Process Adjustments
Risk probability
Rework
Group Decision Making Techniques
17. 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.
Change Requests
Identify Risks
Probability and impact matrix
Project Stakeholders
18. Methods used to distribute information to team members and other stakeholders.
Workaround plans
Information Distribution Methods
Resource Pool Descriptions
Assumptions Analysis
19. 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
Plan Communications
Collect Requirements
Functional Organization
Project Life Cycle
20. 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
Regulation
Critical Path Method
External Dependencies
Manage Stakeholder
21. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Corrective Action
Perform Quantitative Risk Analysis
Project Plan
Workaround plans
22. 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.
Contract Change Control System
Risk Audits
Direct costs
Precedence Relationships
23. Describes how risk management will be structured and performed on the project.
Conduct Procurements
Risk Management Plan
Contract
Stakeholder register
24. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans
Procurement negotiations
Fast Tracking
Similarities between Operations and Projects
Projectized Organization
25. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Product Analysis
Conditional Diagramming Methods
Schedule updates
Procurement resources
26. Process of obtaining seller responses - selecting a seller - and awarding a contract
Secondary Risks
Time and Material (T&M) Contracts
Team Development
Conduct Procurements
27. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Determine Budget
Formal acceptance and closure
Trend Analysis
Performance Reviews
28. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Risk Register
To-Complete Performance Index (TCPI)
Cost Management Plan
Project Assumption Testing
29. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Scope Management Plan
Project Records
Earned Value Analysis
30. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.
Product Description
Make-or-buy analysis
Work Results
Procurement Statements of Work (SOW)
31. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Close procurements
Total Float
Risk Database
Risk management policies
32. Modifications to the cost estimation prepared for the project
Sequence Activities
Distribute Information
Buyer-Seller relationship
Revised Cost Estimates
33. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Perform Qualitative Risk Analysis
Transference
Bidder Conferences
Group Decision Making Techniques
34. 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.
Estimate Activity Resources
Templates
Residual Risks
Critical Path Method
35. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Formal acceptance and closure
Scope Statement
Observations
Lead
36. Effect on project objectives if the risk event occurs.
Risk Consequences
Independent estimates
Critical Path Method
Risk Database
37. Terms used when the source selection decision will be based on price
Develop Human Resource Plan
Grade
Bid / quotation
Constraints
38. 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
Estimate Activity Resources
Collect Requirements
Estimate to Complete (ETC)
Stakeholder register
39. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Information Distribution Methods
Control Schedule
Trend Analysis
Procurement Management Plan
40. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Costs
Corrective Action
Procurement file
Project Charter
41. Involves immediate corrective or preventive action as a consequence of quality control measurements.
To-Complete Performance Index (TCPI)
Report Performance
Process Adjustments
Plan Communications
42. Determining which risks may affect the project and documenting their characteristics.
Risk Categories
Bid / quotation
Sub Network / Fragment Network
Identify Risks
43. 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.
Re-baselining
Collect Requirements
Checklists
Schedule Baseline
44. The policies - guidelines - or procedures that govern the recruitment of staff.
Resource Calendar
Observations
Group Creativity Techniques
Recruitment Practices
45. 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.
Close procurements
Cost Performance Baseline
Distribute Information
Organization Breakdown Structure
46. 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.
Constraints
Project Portfolio Management
Sequence Activities
Administer procurements
47. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative
Performance Reviews
Group Creativity Techniques
Brainstorming
Project Records
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 -
Work Authorization System
Project Team Directory
Analogous Estimating (top-down)
System or Process
49. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Trend Analysis
Transference
Tolerances vs. Control limits
Control Scope
50. 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
Administer procurements
Product Scope
Project Schedule
Project Integration Management