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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. 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
To-Complete Performance Index (TCPI)
Status Review Meetings
Project Time Management
2. Any modification to the contents of the project plan or the supporting details.
Project Plan Updates
Performance Reviews
Risk Consequences
Cost Performance Baseline
3. Project team must measure itself periodically against the expectations of those outside the project.
Secondary Risks
Transference
External Feedback
Control Charts
4. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Prototypes
Project Scope Management
Simulation
Human Resource Practices
5. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Tolerances vs. Control limits
Technical performance measurement
Decision Tree
Qualified seller lists
6. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Project
Develop Human Resource Plan
Requirements Documentation
Lessons Learned
7. 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
Procurement performance reviews
Risk Audits
Verify Scope
Bottom-up Estimating
8. 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
Determine Budget
Resource Pool Descriptions
Project Risk Management
Residual Risks
9. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Control Account
Risk Management Plan
Fast Tracking
Close procurements
10. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Collocation
Templates
Lead
Risk
11. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Organizational Policies
Checklists
Perform Quantitative Risk Analysis
Change Control System
12. Processes and procedures developed for the closing or canceling of projects.
Regulation
External Feedback
Earned Value Analysis
Inspection
13. Involves setting a fixed total price for a defined product or service to be provided.
Project
Fixed- price contracts
Resource Calendar
Expert Judgment
14. Any numbering system used to uniquely identify each component of the work breakdown structure.
Prevention vs. Inspections
Quality Policy
Administer procurements
Project Life Cycle
15. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana
Communications Technology
Product Analysis
Monitor and Control Risks
Project Communications Management
16. 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.
Risk
Estimate Activity Durations
Scope baseline
Collocation
17. 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
Assumptions Analysis
Design of Experiments (DOE)
Estimate Activity Durations
Responsibility Assignment Matrix (RAM)
18. Includes the processes that organize - manage - and lead the project team.
Administer procurements
Project Human Resource Management
Quality Assurance
Proposals
19. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Procurement resources
Inspection
Similarities between Operations and Projects
Code of Accounts
20. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.
Differences between Operations and Project
Mathematical Analysis
Independent estimates
Project Selection Methods
21. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve
Time and Material (T&M) Contracts
Subproject
Cost Performance Baseline
Project Human Resource Management
22. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Acquire Project Team
Project Charter
Activity List
Secondary Risks
23. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Assumptions
Bottom-up Estimating
Requirements Traceability Matrix
Residual Risks
24. 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
Analogous Estimating / Top-down
Sensitivity Analysis
Contingency - Buffer - Reserve
Corrective Action
25. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Lessons Learned
Tolerances vs. Control limits
Assumptions Analysis
Projectized Organization
26. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Project Time Management
Product Description
Data precision
Differences between Operations and Project
27. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Program
Formal acceptance and closure
Make-or-buy analysis
Stakeholder register
28. 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
Plan Quality
Organization Breakdown Structure
Stakeholder register
Conduct Procurements
29. 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
Acquire Project Team
Parametric Estimating
Project Records
Forecasting
30. The process of determining project stakeholders' information needs and defining a communication approach.
Plan Communications
Product Analysis
Performance Reviews
Analogous Estimating (top-down)
31. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Project Communications Management
Configuration Management System
Transference
Procurement Documents
32. Approved modifications to the project schedule that are used to manage the project
Schedule updates
Total Float
Procurement Management Plan
Code of Accounts
33. An applicable restriction that will affect the performance of the project/process.
Facilitated Workshops
Prioritized list of quantified risks
Constraints
Indirect costs / Overhead costs
34. A requirement imposed by a governmental body and its compliance is mandatory.
Schedule Compression
Information Distribution Methods
Regulation
Prototypes
35. Methods used to distribute information to team members and other stakeholders.
Documentation Reviews
Human Resource Practices
Project Plan Updates
Information Distribution Methods
36. 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
Templates
Root Cause Analysis
Decision Tree
Plan Quality
37. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Requirements Documentation
Resource Leveling
Project Cost Management
Product Scope
38. 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.
Work Results
Program Evaluation and Review Technique (PERT)
Communications management plan
Contract Change Control System
39. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Simulation
Documentation Reviews
Project Files
Subproject
40. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Project
Administer procurements
Fast Tracking
Project Time Management
41. 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.
Perform Quality Control
Training
Project Integration Management
Quality
42. A documented list of project team members - their project roles - and communication information.
Collocation
Checklists
Precedence Relationships
Project Team Directory
43. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Phase Exits/ Stage Gates/ Kill Points
Activity List
Proposals
Perform Quality Control
44. 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.
Matrix Organization
Product Scope
Risk Consequences
Additional Risk Response Planning
45. 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 probability
Procurement audits
Pareto Diagram/ Chart
Risk Management Plan
46. 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.
Project Portfolio Management
Sub Network / Fragment Network
Documentation Reviews
Resource Leveling
47. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Prototypes
Human Resource Practices
Plan Procurements
Technical performance measurement
48. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Control Costs
Report Performance
Quality Policy
Procurement resources
49. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities
Estimate Costs
Proposals
Analogous Estimating / Top-down
Procurement resources
50. 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
Procurement resources
Regulation
Product description
Matrix Organization