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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. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Statistical Sampling
Observations
Human Resource Practices
Schedule updates
2. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Constraints
Scope baseline
Parametric Estimating
Deliverable
3. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r
Life Cycle Costing
Define Activities
Project Risk Management
Stakeholder Analysis
4. 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
Project Schedule
Procurement Management Plan
Fast Tracking
Bidder Conferences
5. Processes and procedures developed for the closing or canceling of projects.
Checklists
Project Closeout
Conduct Procurements
Risk
6. 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
Schedule Compression
Procurement Documents
Project Scope Management
Parametric Estimating
7. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Simulation
Collocation
Control Schedule
Risk management policies
8. The process of determining project stakeholders' information needs and defining a communication approach.
Plan Communications
Training
Organization Chart
Facilitated Workshops
9. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Risk
Organization Breakdown Structure
Forecasting
Graphical Evaluation and Review Technique (GERT)
10. 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.
Prioritized list of quantified risks
Verify Scope
Interviews
Budget Updates
11. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Statistical Sampling
Project Cost Management
Cost Management Plan
Monitor and Control Risks
12. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.
Pareto Diagram/ Chart
Regulation
Performance Reviews
Determine Budget
13. 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.
Estimate at Completion (EAC)
Decision Tree
Code of Accounts
Program Evaluation and Review Technique (PERT)
14. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Documentation Reviews
Scope Change Control System
Performance Reviews
Deliverable
15. 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
Mandatory Dependencies (or Hard Logic)
Checklists
Corrective Action
Mathematical Analysis
16. 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
Schedule Baseline
Project Scope
Prototypes
Similarities between Operations and Projects
17. 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.
Proposal
Probability and impact matrix
Develop Human Resource Plan
Graphical Evaluation and Review Technique (GERT)
18. 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
Analogous Estimating / Top-down
Resource Leveling
Tolerances vs. Control limits
Control Charts
19. Features or services that characterize a product - result - or service
Project Portfolio Management
Deliverable
Project Life Cycle
Product Scope
20. The work that must be done to deliver a product with the specified features and functions
Fast Tracking
Control Charts
Requirements Traceability Matrix
Project Scope
21. Changing the project management plan to eliminate the threat entirely.
Avoidance
Constraints
Project Planning Methodology
Additional Risk Response Planning
22. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.
Design of Experiments (DOE)
Bidder Conferences
Triggers
Constraints
23. Probability that a risk will occur.
Information Distribution Methods
Corrective Action
Regulation
Risk probability
24. 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.
Determine Budget
Functional Organization
Assumptions Analysis
Qualified seller lists
25. 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
Assumptions
Project
Fast Tracking
Subproject
26. Special category of revised cost estimates to an approved cost baseline.
Budget Updates
Activity List
Control Scope
Prevention vs. Inspections
27. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Human Resource Practices
Quality Assurance
Avoidance
Control Costs
28. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Project Portfolio Management
Procurement file
Scope Change Control System
Quality Improvement
29. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Project Integration Management
Trend Analysis
Plan Quality
Design of Experiments (DOE)
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.
Project Human Resource Management
Project Procurement Management
Mathematical Analysis
Make-or-buy analysis
31. Process of numerically analyzing the effect of identified risks on overall project objectives.
Acquire Project Team
Rework
Perform Quantitative Risk Analysis
Secondary Risks
32. Process of defining and documenting stakeholders' needs to meet the project objectives
Collect Requirements
Project Cost Management
Sub Network / Fragment Network
Work Results
33. 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
Project Communications Management
Sequence Activities
Product description
Risk Categories
34. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Cost-reimbursable contracts
Corrective Action
Forecasting
Matrix Organization
35. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Project Closeout
Re-baselining
Forecasting
Quality Management Plan
36. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Resource Leveling
Activity List
Define Scope
Free Float
37. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Simulation
Code of Accounts
Bidder Conferences
Training
38. 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
Total Float
Project Integration Management
Process Adjustments
Procurement negotiations
39. Involves developing a better understanding of the product of the project
Re-baselining
Project Integration Management
Decision Tree
Product Analysis
40. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Coding Structure
Distribute Information
Project Portfolio Management
41. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Estimate Activity Durations
Risk Database
Re-baselining
Scope Management Plan
42. Used to solicit proposals from prospective sellers
Procurement Documents
Assumptions
Project Cost Management
Acceptance
43. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Contract Change Control System
Indirect costs / Overhead costs
Workaround plans
Templates
44. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o
Benchmarking
Subproject
Assumptions
Procurement audits
45. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Inspection
Root Cause Analysis
Risk Database
Make-or-buy analysis
46. 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
Project Risk Management
Estimate to Complete (ETC)
Initiation
Team Development
47. A modification of a logical relationship that directs a delay in the successor activity.
Crashing
Lag
Interviews
Communications management plan
48. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.
Risk Management Plan
Change Control System
Residual Risks
Estimate at Completion (EAC)
49. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Data precision
Inspection
Human Resource Practices
Product Description
50. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Graphical Evaluation and Review Technique (GERT)
Project Cost Management
Program Evaluation and Review Technique (PERT)
Program