SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. 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
Control Account
Constraints
Sequence Activities
Critical Path Methodology (CPM)
2. 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
Project Schedule
Project Management
Communications management plan
Collocation
3. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Direct costs
Organization Chart
Quality Audit
To-Complete Performance Index (TCPI)
4. Process of defining how to conduct risk management activities for a project.
Schedule Compression
Residual Risks
Project Human Resource Management
Plan Risk Management
5. 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.
Procurement audits
Estimate at Completion (EAC)
Procurement negotiations
Project Time Management
6. Includes the processes that organize - manage - and lead the project team.
Collect Requirements
Monitor and Control Risks
Analogous Estimating / Top-down
Project Human Resource Management
7. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Risk Audits
Project Management
Observations
Procurement Statements of Work (SOW)
8. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Scope Statement
Documentation Reviews
Probability and impact matrix
Communication Requirements Analysis
9. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Bid / quotation
Documentation Reviews
Determine Budget
Life Cycle Costing
10. Probability that a risk will occur.
Risk probability
Triggers
External Feedback
Program Evaluation and Review Technique (PERT)
11. A documented list of project team members - their project roles - and communication information.
Estimate Costs
Process Adjustments
Project Team Directory
Work Breakdown Structure (WBS)
12. 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
Secondary Risks
Analogous Estimating / Top-down
Scope Statement
Constraints
13. Used to solicit proposals from prospective sellers
Procurement Documents
Expert Judgment
Program
Monitor and Control Risks
14. Factors that limit a buyer's options. E.g. - funds availability
Resource Pool Descriptions
Develop Schedule
Constraints
Project Scope
15. Methods used to distribute information to team members and other stakeholders.
Information Distribution Methods
Determine Budget
Prioritized list of quantified risks
Perform Qualitative Risk Analysis
16. 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
Constraints
Project Planning Methodology
Program Evaluation and Review Technique (PERT)
17. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Prototypes
Project Closeout
Estimate to Complete (ETC)
Training
18. Factors that - for planning purposes - will be considered true - real or certain.
Report Performance
Assumptions
Trend Analysis
Product Scope
19. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Status Review Meetings
Phase Exits/ Stage Gates/ Kill Points
Define Activities
Project Procurement Management
20. 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
Group Creativity Techniques
Team Development
Corrective Action
21. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Quality Management Plan
Control Account
Total Float
Risk management policies
22. 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
Product Scope
Procurement Documents
Procurement Management Plan
23. Factors which - for planning purposes - are considered to be true - real or certain.
Constraints
Assumptions
Contract
Code of Accounts
24. Process of obtaining seller responses - selecting a seller - and awarding a contract
Determine Budget
Constraints
Conduct Procurements
Proposal
25. 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.
Quality Improvement
Technical performance measurement
Project Files
Project Plan Updates
26. 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
Deliverable
Group Creativity Techniques
Flowcharts
Residual Risks
27. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Mitigation
Procurement performance reviews
Product Description
Project Schedule Network Diagrams
28. A modification of a logical relationship that directs a delay in the successor activity.
Perform Quality Control
Lag
Formal acceptance and closure
Fast Tracking
29. Technique to evaluate the degree to which data about risks is useful for risk management.
Constraints
Data Precision Ranking
Requirements Traceability Matrix
Sub Network / Fragment Network
30. Terms used when the source selection decision will be based on price
Triggers
Procurement audits
Bid / quotation
Prototypes
31. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.
Focus groups
Matrix Organization
Risk Management Plan
Risk Audits
32. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.
Develop Schedule
Quality Management Plan
Procurement performance reviews
Project Communications Management
33. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers
Product Scope
Qualified seller lists
Project Team Directory
Independent estimates
34. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Critical Path Methodology (CPM)
Project Scope Management
Project Files
Staffing Pool Description
35. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Develop Schedule
Rework
Direct costs
36. Documents how requirements will be analyzed - documented - and managed throughout the project
Staffing Pool Description
Fixed- price contracts
Identify Stakeholders
Requirements Management Plan
37. 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
Project Records
Control Account
Project Portfolio Management
Work Breakdown Structure (WBS)
38. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Grade
Estimate Activity Durations
Risk Register
Simulation
39. Involves developing a better understanding of the product of the project
Formal acceptance and closure
Earned Value Analysis
Projectized Organization
Product Analysis
40. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Free Float
Benchmarking
Resource Leveling
Procurement negotiations
41. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Inspection
Indirect costs / Overhead costs
Buyer-Seller relationship
Probabilistic Analysis of the project
42. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.
Project Integration Management
Sequence Activities
External Dependencies
Project Team Directory
43. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Facilitated Workshops
Organizational Policies
Critical Path Method
Team Development
44. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Program Evaluation and Review Technique (PERT)
Technical performance measurement
Project Closeout
Resource Leveling
45. 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
Project Closeout
Bottom-up Estimating
Project Records
Requirements Management Plan
46. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Graphical Evaluation and Review Technique (GERT)
Define Scope
Quality Metrics
Risk
47. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.
Templates
Project Charter
Make-or-buy analysis
Resource Leveling
48. 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.
Pareto Diagram/ Chart
Estimate at Completion (EAC)
Projectized Organization
Indirect costs / Overhead costs
49. 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.
Product Description
Formal acceptance and closure
Attribute Sampling vs. Variables Sampling
Project Management Information Systems (PMIS)
50. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Data precision
Work Authorization System
Project Quality Management
Decomposition