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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. Records of previous project results that can be used to identify risks.
Procurement file
Project Files
Procurement negotiations
Project Schedule
2. Process of formalizing acceptance of the completed project deliverables
Project Portfolio Management
Configuration Management System
Verify Scope
Quality Assurance
3. 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
Product description
Project Human Resource Management
External Feedback
Expert Judgment
4. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Determine Budget
Decomposition
Team Building Activities
Project Selection Methods
5. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Project Integration Management
Report Performance
Workaround plans
Fixed- price contracts
6. Process of numerically analyzing the effect of identified risks on overall project objectives.
Contingency - Buffer - Reserve
Procurement Statements of Work (SOW)
Perform Quantitative Risk Analysis
Constraints
7. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Group Decision Making Techniques
Re-baselining
Procurement file
Prototypes
8. 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
Inspection
Constraints
Group Decision Making Techniques
Risk Categories
9. 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
Assumptions
Control Costs
Project Quality Management
Manage Stakeholder
10. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Additional Risk Response Planning
Scope Change Control System
Triggers
Coding Structure
11. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Process Adjustments
Product description
Control Account
Project Selection Methods
12. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc
Flowcharts
Statistical Sampling
Critical Path Methodology (CPM)
Information Distribution Methods
13. 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.
Indirect costs / Overhead costs
Performance Reports
Schedule Compression
Identify Stakeholders
14. Methods used to distribute information to team members and other stakeholders.
Information Distribution Methods
Team Development
Performance Reports
Free Float
15. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Forecasting
Scope Change Control System
Communications Technology
Similarities between Operations and Projects
16. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Templates
Project Management
Fixed- price contracts
Inspection
17. 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
Plan Communications
Perform Quantitative Risk Analysis
Simulation
18. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Phase Exits/ Stage Gates/ Kill Points
Control Account
Control Schedule
Workaround plans
19. Involves setting a fixed total price for a defined product or service to be provided.
Risk management policies
Fixed- price contracts
Plan Risk Management
Schedule Baseline
20. Any modification to the agreed upon project scope as defined by the approved WBS
Scope Management Plan
Observations
Resource Pool Descriptions
Scope Changes
21. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Inspection
Information Distribution Methods
Total Float
Probabilistic Analysis of the project
22. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Statistical Sampling
Control Account
Procurement Statements of Work (SOW)
Estimate Activity Resources
23. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Precedence Relationships
Project Portfolio Management
Procurement file
Status Review Meetings
24. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Decision Tree
Stakeholder register
Risk Categories
Performance Reports
25. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.
Project Plan
Assumptions
Project Selection Methods
Project Schedule Network Diagrams
26. A formal or informal approach to obtain information from stakeholders by talking to them directly
Process Adjustments
Team Building Activities
Interviews
Matrix Organization
27. Technique to evaluate the degree to which data about risks is useful for risk management.
Analogous Estimating (top-down)
Scope Change Control System
Data Precision Ranking
Project Charter
28. Factors which - for planning purposes - are considered to be true - real or certain.
Project Procurement Management
Project Communications Management
Corrective Action
Assumptions
29. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Quality Audit
Monitor and Control Risks
Bottom-up Estimating
Checklists
30. 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.
Verify Scope
Program
Close procurements
Indirect costs / Overhead costs
31. 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.
External Dependencies
Fast Tracking
Communications Technology
Buyer-Seller relationship
32. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Project Quality Management
Control Schedule
Project Quality Management
Prototypes
33. 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
Assumptions
Fast Tracking
Stakeholder Analysis
Critical Path Method
34. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Deliverable
Define Scope
Direct costs
Project Plan Updates
35. 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 Team Directory
Product Analysis
Fast Tracking
Scope Change Control System
36. 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.
Project Management Information Systems (PMIS)
Scope Change Control System
Perform Quality Control
Subproject
37. 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
Contract
System or Process
Similarities between Operations and Projects
Project Risk Management
38. Collection of generally sequential project phases.
Flowcharts
Qualified seller lists
Quality Metrics
Project Life Cycle
39. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Project Selection Methods
Forecasting
Distribute Information
Collocation
40. 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.
Project Integration Management
Process Adjustments
Activity List
Phase Exits/ Stage Gates/ Kill Points
41. 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
Simulation
Perform Quality Control
Fixed- price contracts
Benchmarking
42. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Group Decision Making Techniques
Constraints
Quality Audit
Communications Technology
43. 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 Cost Management
Project Cost Management
Close procurements
Project Quality Management
44. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Work Results
Estimate Costs
Group Decision Making Techniques
Risk Audits
45. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Quality
Indirect costs / Overhead costs
Project Scope Management
Training
46. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Project Human Resource Management
Procurement Management Plan
Initiation
Free Float
47. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Project Quality Management
Mandatory Dependencies (or Hard Logic)
Control Costs
Project Risk Management
48. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project
Constraints
Risk
Project Selection Methods
49. Meetings held to assess project status and/or progress.
Performance Reviews
Control Charts
Qualified seller lists
Activity List
50. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Subproject
Program
Risk management policies
Plan Communications