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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 process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Quality Metrics
Group Decision Making Techniques
Procurement Statements of Work (SOW)
Design of Experiments (DOE)
2. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.
Team Development
Critical Path Method
Project Procurement Management
Identify Risks
3. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Training
Expert Judgment
Acquire Project Team
Prototypes
4. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Analogous Estimating (top-down)
Human Resource Practices
Constraints
Risk Audits
5. Process of identifying the specific actions to be performed to produce the project deliverables.
Time and Material (T&M) Contracts
Define Activities
Residual Risks
Manage Stakeholder
6. Any numbering system used to uniquely identify each component of the work breakdown structure.
Transference
Work Breakdown Structure (WBS)
Project Quality Management
Quality Policy
7. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
Forecasting
Control Costs
Control Charts
8. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Quality Audit
Project Assumption Testing
Responsibility Assignment Matrix (RAM)
Deliverable
9. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Project Communications Management
Plan Procurements
Crashing
Collect Requirements
10. Process of developing a detailed description of the project and product
Distribute Information
Project Selection Methods
Define Scope
Develop Human Resource Plan
11. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Plan Procurements
Lead
Control Costs
Project Scope
12. 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.
Collocation
Constraints
Project Risk Management
Project Management Information Systems (PMIS)
13. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Procurement Statements of Work (SOW)
Tolerances vs. Control limits
Develop Schedule
Define Activities
14. Outcome of activities performed to accomplish the project.
Project Quality Management
Work Results
Project Communications Management
Project Team Directory
15. Special category of revised cost estimates to an approved cost baseline.
Product Analysis
Procurement Management Plan
Performance Reviews
Prevention vs. Inspections
16. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Mitigation
Cost Management Plan
Observations
Acceptance
17. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Prevention vs. Inspections
Project Plan
Work Results
Project Cost Management
18. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Risk probability
Group Decision Making Techniques
Perform Quantitative Risk Analysis
Budget Updates
19. 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
Corrective Action
Staffing Pool Description
Project Schedule
Product description
20. Methods used to distribute information to team members and other stakeholders.
Constraints
Bidder Conferences
Triggers
Information Distribution Methods
21. Records of previous project results that can be used to identify risks.
Estimate at Completion (EAC)
Analogous Estimating / Top-down
Plan Communications
Project Files
22. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Scope Management Plan
Cost Management Plan
Parametric Estimating
Process Adjustments
23. Includes the processes that organize - manage - and lead the project team.
Staffing Pool Description
Project Human Resource Management
Contingency - Buffer - Reserve
Communication Requirements Analysis
24. 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
Critical Path Methodology (CPM)
Assumptions
Workaround plans
Time and Material (T&M) Contracts
25. Quantities to be performed for each specific category - and can be used to estimate activity durations
Proposal
Quantitatively based durations
Project Planning Methodology
Plan Risk Responses
26. 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.
To-Complete Performance Index (TCPI)
Graphical Evaluation and Review Technique (GERT)
Project Quality Management
Work Results
27. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Regulation
Formal acceptance and closure
Risk Audits
Plan Quality
28. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Product Description
Facilitated Workshops
Project Time Management
Product description
29. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson
Project Schedule
Graphical Evaluation and Review Technique (GERT)
Risk Database
Bid / quotation
30. A table that links requirements to their origin and traces them throughout the project life cycle
Requirements Traceability Matrix
Additional Risk Response Planning
Project Human Resource Management
Performance Reviews
31. 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
Brainstorming
Fast Tracking
Inspection
32. Meetings held to assess project status and/or progress.
Schedule Baseline
Performance Reviews
External Dependencies
Bid / quotation
33. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Risk
Verify Scope
Lag
Quality Audit
34. 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
Manage Stakeholder
Project Communications Management
Configuration Management System
Project Quality Management
35. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.
Transference
Parametric Estimating
Plan Risk Responses
Precedence Relationships
36. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Project Team Directory
Root Cause Analysis
Develop Human Resource Plan
37. Terms used when the source selection decision will be based on price
Bid / quotation
Pareto Diagram/ Chart
Schedule Compression
Communications Technology
38. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Re-baselining
Graphical Evaluation and Review Technique (GERT)
Staffing Requirements
Communication Requirements Analysis
39. 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
Performance Reports
Procurement audits
Analogous Estimating / Top-down
Procurement Management Plan
40. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Projectized Organization
Tolerances vs. Control limits
Independent estimates
Mathematical Analysis
41. 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.
Phase Exits/ Stage Gates/ Kill Points
Change Requests
Project Scope
Schedule Compression
42. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Risk management policies
Subproject
Regulation
Earned Value Analysis
43. 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
Quality Improvement
Project Portfolio Management
Earned Value Analysis
Control Scope
44. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Control Schedule
Inspection
Project Portfolio Management
Quality Management Plan
45. 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
Constraints
Critical Path Methodology (CPM)
Project Time Management
Work Results
46. A documented list of project team members - their project roles - and communication information.
Project Selection Methods
Estimate at Completion (EAC)
Project Team Directory
Collocation
47. 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
Collect Requirements
Acceptance
Change Requests
48. 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.
Sub Network / Fragment Network
Differences between Operations and Project
Tolerances vs. Control limits
Avoidance
49. 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
Similarities between Operations and Projects
Simulation
Critical Path Method
Control Account
50. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Organization Breakdown Structure
Acquire Project Team
Mandatory Dependencies (or Hard Logic)
Total Float