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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. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Indirect costs / Overhead costs
Close procurements
Project Planning Methodology
2. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Project Procurement Management
Work Authorization System
Projectized Organization
Scope Change Control System
3. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.
Acquire Project Team
Sub Network / Fragment Network
Control Charts
Quality Audit
4. 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.
Simulation
Scope baseline
Rework
Acquire Project Team
5. Processes and procedures developed for the closing or canceling of projects.
Procurement Management Plan
Recruitment Practices
Total Float
Inspection
6. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Product Analysis
Quality Policy
Tolerances vs. Control limits
Change Requests
7. 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
Similarities between Operations and Projects
Stakeholder Analysis
Lessons Learned
Expert Judgment
8. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization
Initiation
Group Creativity Techniques
Procurement audits
Project Quality Management
9. Meetings held to assess project status and/or progress.
Scope Changes
Performance Reviews
Schedule Baseline
Root Cause Analysis
10. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Projectized Organization
Determine Budget
Technical performance measurement
Earned Value Analysis
11. 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.
Team Development
Quality
To-Complete Performance Index (TCPI)
Collocation
12. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Program
Total Float
Estimate Activity Durations
Graphical Evaluation and Review Technique (GERT)
13. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Plan Quality
Project Schedule Network Diagrams
Statistical Sampling
Plan Procurements
14. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson
Verify Scope
Free Float
Expert Judgment
Risk Database
15. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project
Quality Audit
Control Scope
Initiation
16. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Control Account
Checklists
Projectized Organization
Deliverable
17. 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
Quality Metrics
Crashing
Perform Qualitative Risk Analysis
Constraints
18. 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
Secondary Risks
Checklists
Performance Reviews
Plan Communications
19. Probability that a risk will occur.
Risk probability
Project Management Information Systems (PMIS)
Schedule Baseline
Group Decision Making Techniques
20. Special category of revised cost estimates to an approved cost baseline.
Project Plan
Budget Updates
Product Description
Schedule updates
21. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Contract Change Control System
Scope Changes
Cost Management Plan
Risk management policies
22. Features or services that characterize a product - result - or service
Product Scope
Technical performance measurement
Develop Schedule
Project Procurement Management
23. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Quality Improvement
Indirect costs / Overhead costs
Risk management policies
Technical performance measurement
24. Processes and procedures developed for the closing or canceling of projects.
Administer procurements
Acquire Project Team
Performance Reviews
Project Closeout
25. 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
Control Schedule
Project Communications Management
Functional Organization
Determine Budget
26. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Schedule updates
Define Scope
Procurement Statements of Work (SOW)
Identify Stakeholders
27. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers
Project Procurement Management
Qualified seller lists
Analogous Estimating (top-down)
Status Review Meetings
28. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe
Fixed- price contracts
Product description
Resource Calendar
Group Decision Making Techniques
29. 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.
Projectized Organization
Estimate at Completion (EAC)
Buyer-Seller relationship
Sequence Activities
30. 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
Project Risk Management
Define Activities
Flowcharts
Inspection
31. 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
Project Schedule Network Diagrams
Project Procurement Management
Independent estimates
Product description
32. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
System or Process
Project Quality Management
Buyer-Seller relationship
Estimate at Completion (EAC)
33. Collection of generally sequential project phases.
Project Life Cycle
Requirements Traceability Matrix
Acceptance
Project Quality Management
34. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Work Results
Formal acceptance and closure
Scope baseline
Brainstorming
35. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Collocation
Deliverable
Project Risk Management
Quality Assurance
36. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Workaround plans
Configuration Management System
Quality Policy
Trend Analysis
37. 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
Buyer-Seller relationship
Bidder Conferences
Budget Updates
Project Stakeholders
38. 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
Project Schedule
Project Communications Management
Fast Tracking
Training
39. 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.
Prioritized list of quantified risks
Project Management Information Systems (PMIS)
Tolerances vs. Control limits
Performance Reports
40. Process of formalizing acceptance of the completed project deliverables
Facilitated Workshops
Critical Path Methodology (CPM)
Verify Scope
Fast Tracking
41. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Risk Management Plan
Control Account
Project Quality Management
Attribute Sampling vs. Variables Sampling
42. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Project Procurement Management
Project Life Cycle
Project Quality Management
Team Development
43. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Mathematical Analysis
Decomposition
Prevention vs. Inspections
External Dependencies
44. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Staffing Requirements
Decision Tree
Sensitivity Analysis
Project Management
45. 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
Close procurements
Sensitivity Analysis
Earned Value Analysis
Contract
46. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Templates
Project Cost Management
Change Requests
Administer procurements
47. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Prevention vs. Inspections
Organization Chart
Quality Audit
Risk Database
48. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Parametric Estimating
Lag
Constraints
Organization Breakdown Structure
49. Charts that are used to show positions and relationships in a graphical format.
Requirements Traceability Matrix
Organization Chart
Project Files
Bid / quotation
50. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con
External Feedback
Project Files
Project Charter
Project Portfolio Management