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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. Effect on project objectives if the risk event occurs.
Lead
Proposals
Risk Consequences
Deliverable
2. 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
Flowcharts
Performance Reviews
Resource Leveling
Phase Exits/ Stage Gates/ Kill Points
3. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project
Resource Calendar
Project Files
Project Team Directory
4. 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.
Simulation
Re-baselining
Performance Reports
Collocation
5. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Project Plan Updates
Bidder Conferences
Project Schedule Network Diagrams
Project Human Resource Management
6. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac
Responsibility Assignment Matrix (RAM)
Independent estimates
Verify Scope
Time and Material (T&M) Contracts
7. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
External Dependencies
Trend Analysis
Quality Policy
Project Time Management
8. Approved modifications to the project schedule that are used to manage the project
Schedule updates
Control Account
Change Control System
Staffing Pool Description
9. 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.
Bid / quotation
Quantitatively based durations
Project Time Management
Plan Risk Responses
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
Scope Change Control System
Parametric Estimating
Requirements Traceability Matrix
Project Closeout
11. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Mitigation
Assumptions
Mandatory Dependencies (or Hard Logic)
Product Scope
12. Technique to evaluate the degree to which data about risks is useful for risk management.
Project Risk Management
Data precision
Pareto Diagram/ Chart
Data Precision Ranking
13. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Project Risk Management
Product Analysis
Process Adjustments
Proposals
14. An applicable restriction that will affect the performance of the project/process.
Constraints
Additional Risk Response Planning
Performance Reports
Information Distribution Methods
15. Considers the characteristics of those prospective staff who are available to join the project team.
Project Communications Management
Procurement file
Checklists
Staffing Pool Description
16. Changing the project management plan to eliminate the threat entirely.
Avoidance
Pareto Diagram/ Chart
Root Cause Analysis
Stakeholder register
17. 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
Project Communications Management
Program Evaluation and Review Technique (PERT)
Control Account
Identify Stakeholders
18. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Expert Judgment
Procurement Management Plan
Communications management plan
Quality Metrics
19. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Constraints
Regulation
Formal acceptance and closure
Communications Technology
20. Process of developing a detailed description of the project and product
Procurement Documents
Define Scope
Requirements Documentation
Project Procurement Management
21. 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
Identify Stakeholders
Templates
Mathematical Analysis
22. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Workaround plans
Human Resource Practices
Plan Communications
Transference
23. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Revised Cost Estimates
Team Building Activities
Develop Schedule
Plan Quality
24. 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
Project Files
Earned Value Analysis
Project Cost Management
25. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Project Communications Management
Assumptions Analysis
Crashing
Product description
26. 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.
Acquire Project Team
Benchmarking
Perform Qualitative Risk Analysis
To-Complete Performance Index (TCPI)
27. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Project Cost Management
Design of Experiments (DOE)
Project Procurement Management
Mathematical Analysis
28. Process of redefining the cost performance/schedule/performance measurement/technical baseline. If cost variances are severe - re-baselining is needed to provide a realistic measure of performance.
Project Charter
Corrective Action
Project Quality Management
Re-baselining
29. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Scope
Quantitatively based durations
Flowcharts
Control Costs
30. Process of defining and documenting stakeholders' needs to meet the project objectives
Project Plan Updates
Collect Requirements
Communications management plan
Acquire Project Team
31. Process of numerically analyzing the effect of identified risks on overall project objectives.
Work Breakdown Structure (WBS)
Procurement Statements of Work (SOW)
Inspection
Perform Quantitative Risk Analysis
32. 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.
Proposals
Quality
Risk Database
Plan Quality
33. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Fast Tracking
Direct costs
Procurement Statements of Work (SOW)
Workaround plans
34. Features or services that characterize a product - result - or service
Project Team Directory
Focus groups
Change Requests
Product Scope
35. Documents how requirements will be analyzed - documented - and managed throughout the project
Requirements Management Plan
Close procurements
Schedule updates
Monitor and Control Risks
36. 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.
Scope Management Plan
Proposal
Contract Change Control System
Product Analysis
37. Collection of generally sequential project phases.
Control Charts
Project Life Cycle
Scope baseline
Proposal
38. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Verify Scope
Project Portfolio Management
Team Building Activities
Project Communications Management
39. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Root Cause Analysis
Plan Quality
Performance Reports
Recruitment Practices
40. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Avoidance
Control Account
Triggers
Procurement negotiations
41. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Project Records
Lead
Activity List
External Feedback
42. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Control Scope
Procurement Statements of Work (SOW)
Interviews
Project
43. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Project Procurement Management
Project Plan Updates
Risk Categories
44. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Staffing Requirements
Forecasting
Conditional Diagramming Methods
Budget Updates
45. Factors that - for planning purposes - will be considered true - real or certain.
Assumptions
Scope Changes
Project Stakeholders
Change Control System
46. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.
Acceptance
Project Scope
Project Closeout
Plan Procurements
47. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Proposals
Project Management
External Feedback
Control Schedule
48. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Transference
Direct costs
Simulation
Critical Path Methodology (CPM)
49. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo
Schedule Compression
Code of Accounts
Project Selection Methods
Configuration Management System
50. Subdivision of project deliverables into smaller - more manageable components
Organization Chart
Project Quality Management
Decomposition
Project Communications Management