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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. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.
Quality Improvement
Configuration Management System
Change Requests
Project Quality Management
2. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Free Float
Resource Leveling
Quantitatively based durations
Project Cost Management
3. A modification of a logical relationship that directs a delay in the successor activity.
Cost Management Plan
Lag
Control Schedule
Benchmarking
4. 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
Procurement resources
Team Building Activities
Performance Reports
Quantitatively based durations
5. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Source Selection Criteria
Control Scope
Project Integration Management
Quality Audit
6. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w
Tolerances vs. Control limits
Constraints
Communication Requirements Analysis
Team Building Activities
7. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Procurement Management Plan
Data Precision Ranking
Acceptance
Organizational Policies
8. A formal or informal approach to obtain information from stakeholders by talking to them directly
Interviews
Residual Risks
Close procurements
Proposal
9. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Group Creativity Techniques
Project Plan
Focus groups
Documentation Reviews
10. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Report Performance
Constraints
Estimate Activity Durations
Group Decision Making Techniques
11. 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
Root Cause Analysis
Re-baselining
Risk Consequences
Assumptions
12. Process of developing a detailed description of the project and product
Procurement file
Define Scope
Requirements Documentation
Qualified seller lists
13. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.
Distribute Information
Project Management Information Systems (PMIS)
Contract Change Control System
Program Evaluation and Review Technique (PERT)
14. Modifications to the cost estimation prepared for the project
Qualified seller lists
Project Human Resource Management
Revised Cost Estimates
System or Process
15. 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
Project Stakeholders
Schedule Baseline
Triggers
Procurement resources
16. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Recruitment Practices
Procurement Statements of Work (SOW)
Facilitated Workshops
To-Complete Performance Index (TCPI)
17. 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
Free Float
Resource Calendar
Expert Judgment
Inspection
18. 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
Proposal
Plan Risk Responses
Communications management plan
Performance Reviews
19. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Define Activities
Acquire Project Team
Quality Metrics
Work Authorization System
20. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Group Creativity Techniques
Product Analysis
Projectized Organization
Performance Reports
21. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe
Control Costs
Activity List
Estimate Activity Resources
Procurement audits
22. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Project Plan Updates
Group Decision Making Techniques
Project Assumption Testing
23. 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.
Critical Path Method
Technical performance measurement
Identify Stakeholders
Data precision
24. 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
Project Files
Project Risk Management
Project Charter
Risk
25. 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 Time Management
Parametric Estimating
Procurement negotiations
Contingency - Buffer - Reserve
26. Any numbering system used to uniquely identify each component of the work breakdown structure.
Budget Updates
Organizational Policies
Code of Accounts
Fast Tracking
27. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define
Time and Material (T&M) Contracts
Program Evaluation and Review Technique (PERT)
Project Time Management
Analogous Estimating (top-down)
28. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Risk Categories
Project Cost Management
Project Selection Methods
Project Human Resource Management
29. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.
Organization Chart
Lead
Schedule Compression
Buyer-Seller relationship
30. 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.
Stakeholder Analysis
Responsibility Assignment Matrix (RAM)
Life Cycle Costing
Bottom-up Estimating
31. Includes the processes that organize - manage - and lead the project team.
Mathematical Analysis
Plan Risk Responses
Mandatory Dependencies (or Hard Logic)
Project Human Resource Management
32. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Crashing
Mathematical Analysis
Project Selection Methods
Similarities between Operations and Projects
33. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Observations
Distribute Information
Estimate Activity Durations
Estimate Costs
34. 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.
Scope Statement
Resource Leveling
Human Resource Practices
Pareto Diagram/ Chart
35. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Deliverable
Quality Improvement
Collocation
Observations
36. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Quality Assurance
Templates
Plan Risk Responses
Interviews
37. It can include correspondence - memos - meeting minutes - and documents describing the project.
Human Resource Practices
Make-or-buy analysis
Project Records
Parametric Estimating
38. 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
Assumptions Analysis
Risk Register
Risk Consequences
Project Schedule
39. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Re-baselining
Trend Analysis
Pareto Diagram/ Chart
Workaround plans
40. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Organization Chart
Performance Reviews
Perform Qualitative Risk Analysis
Estimate Activity Resources
41. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Perform Qualitative Risk Analysis
Identify Risks
Develop Schedule
Scope baseline
42. 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.
Inspection
Lag
Constraints
Contract Change Control System
43. 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.
Control Account
Decision Tree
Quality Metrics
Indirect costs / Overhead costs
44. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Risk
Regulation
Collocation
Determine Budget
45. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Benchmarking
Monitor and Control Risks
Status Review Meetings
Revised Cost Estimates
46. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Formal acceptance and closure
Project Files
Buyer-Seller relationship
Acceptance
47. Factors which - for planning purposes - are considered to be true - real or certain.
Attribute Sampling vs. Variables Sampling
Assumptions
Procurement resources
Risk Database
48. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Contract Change Control System
Budget Updates
Organizational Policies
Staffing Requirements
49. Involves setting a fixed total price for a defined product or service to be provided.
Product description
Rework
Critical Path Methodology (CPM)
Fixed- price contracts
50. Factors that limit a buyer's options. E.g. - funds availability
Constraints
Project Team Directory
Team Building Activities
Resource Leveling