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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. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Project Management
Resource Pool Descriptions
Assumptions
Product Scope
2. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Work Results
Project
Data Precision Ranking
Organization Breakdown Structure
3. Project team must measure itself periodically against the expectations of those outside the project.
Deliverable
Perform Qualitative Risk Analysis
External Feedback
Analogous Estimating (top-down)
4. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Organization Breakdown Structure
Develop Human Resource Plan
Prototypes
Corrective Action
5. 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.
Contingency - Buffer - Reserve
Workaround plans
Control Schedule
Sub Network / Fragment Network
6. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Communications Technology
Change Requests
Acquire Project Team
Matrix Organization
7. 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
Time and Material (T&M) Contracts
Project Portfolio Management
Mitigation
Grade
8. Factors that - for planning purposes - will be considered true - real or certain.
Group Decision Making Techniques
Brainstorming
Constraints
Assumptions
9. Determining which risks may affect the project and documenting their characteristics.
Scope Change Control System
Performance Reviews
Identify Risks
Control Charts
10. 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
Differences between Operations and Project
Project Files
Flowcharts
Avoidance
11. Allows for probabilistic treatment of both network logic and activity duration estimates
Flowcharts
Graphical Evaluation and Review Technique (GERT)
Change Requests
Cost Performance Baseline
12. 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
Checklists
Acquire Project Team
Direct costs
Transference
13. 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
Product Analysis
Project Integration Management
Stakeholder Analysis
Define Activities
14. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Conditional Diagramming Methods
Training
Grade
Work Results
15. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Human Resource Practices
Free Float
Project Procurement Management
Inspection
16. 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
Workaround plans
Quality Improvement
Initiation
Resource Leveling
17. Outcome of activities performed to accomplish the project.
Work Results
Time and Material (T&M) Contracts
Conduct Procurements
Procurement Documents
18. The policies - guidelines - or procedures that govern the recruitment of staff.
Requirements Management Plan
Recruitment Practices
Project Risk Management
Subproject
19. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Control Scope
Performance Reviews
Project Quality Management
Stakeholder register
20. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Residual Risks
Forecasting
Project Management
Schedule Compression
21. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Project Cost Management
Statistical Sampling
Control Account
Assumptions
22. 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.
Independent estimates
Performance Reviews
Simulation
Close procurements
23. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Performance Reviews
Quality Management Plan
Cost-reimbursable contracts
Inspection
24. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Develop Human Resource Plan
Inspection
Resource Pool Descriptions
Probability and impact matrix
25. Charts that are used to show positions and relationships in a graphical format.
Organization Chart
Schedule Compression
Differences between Operations and Project
Project Life Cycle
26. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.
Project Life Cycle
Conditional Diagramming Methods
Constraints
Conduct Procurements
27. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Proposals
Program
Schedule Baseline
Responsibility Assignment Matrix (RAM)
28. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Differences between Operations and Project
Scope Change Control System
Project Portfolio Management
Control Schedule
29. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Contingency - Buffer - Reserve
Buyer-Seller relationship
Project Portfolio Management
Quality
30. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Facilitated Workshops
Templates
Project Management
Grade
31. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Collocation
Re-baselining
Risk Management Plan
Workaround plans
32. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Secondary Risks
Contract Change Control System
Project Selection Methods
Proposals
33. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Attribute Sampling vs. Variables Sampling
Prototypes
Schedule Compression
Procurement file
34. Process of developing a detailed description of the project and product
Communication Requirements Analysis
Define Scope
Qualified seller lists
Flowcharts
35. 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
Stakeholder register
Matrix Organization
Scope Change Control System
Crashing
36. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Qualified seller lists
Transference
Decision Tree
Plan Procurements
37. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.
Simulation
Buyer-Seller relationship
Collocation
Risk Audits
38. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Analogous Estimating / Top-down
Project Schedule Network Diagrams
Total Float
Documentation Reviews
39. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.
Project Life Cycle
Identify Stakeholders
Program Evaluation and Review Technique (PERT)
Perform Quality Control
40. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Scope Management Plan
Project Schedule Network Diagrams
Estimate Activity Resources
Organization Chart
41. 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 -
Administer procurements
System or Process
Project Time Management
Performance Reviews
42. 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
Cost Performance Baseline
Prototypes
Total Float
Cost-reimbursable contracts
43. A requirement imposed by a governmental body and its compliance is mandatory.
Simulation
Regulation
System or Process
Facilitated Workshops
44. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.
Product Scope
Project Life Cycle
Indirect costs / Overhead costs
Proposal
45. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Proposal
Change Control System
Procurement Management Plan
Prioritized list of quantified risks
46. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Performance Reports
Lead
Avoidance
Sequence Activities
47. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Organizational Policies
Risk Management Plan
Procurement audits
Quality Assurance
48. Factors that limit a buyer's options. E.g. - funds availability
Facilitated Workshops
Probabilistic Analysis of the project
Constraints
Source Selection Criteria
49. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Technical performance measurement
External Feedback
Process Adjustments
Earned Value Analysis
50. Any modification to the agreed upon project scope as defined by the approved WBS
Scope Changes
Secondary Risks
Project Risk Management
Scope Change Control System