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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. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Status Review Meetings
Fixed- price contracts
Trend Analysis
Inspection
2. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.
Project Human Resource Management
Risk management policies
Corrective Action
Project Procurement Management
3. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Mandatory Dependencies (or Hard Logic)
Collect Requirements
Change Control System
Project Scope Management
4. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
System or Process
Checklists
Quality Assurance
Lessons Learned
5. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Identify Risks
Quality Management Plan
Brainstorming
Data precision
6. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Estimate Costs
Matrix Organization
Attribute Sampling vs. Variables Sampling
Parametric Estimating
7. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Develop Human Resource Plan
Performance Reviews
Estimate at Completion (EAC)
Analogous Estimating / Top-down
8. 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
Performance Reviews
Project Plan
Project Plan Updates
9. Quantities to be performed for each specific category - and can be used to estimate activity durations
Communications management plan
Project
Quantitatively based durations
Project Management Information Systems (PMIS)
10. 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
Project Scope Management
Benchmarking
Mitigation
Pareto Diagram/ Chart
11. Special category of revised cost estimates to an approved cost baseline.
Procurement Management Plan
Budget Updates
Differences between Operations and Project
Residual Risks
12. Used to solicit proposals from prospective sellers
Procurement Documents
Training
Similarities between Operations and Projects
Code of Accounts
13. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Stakeholder Analysis
Sensitivity Analysis
Scope Change Control System
Crashing
14. 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
Mathematical Analysis
Organization Chart
Resource Calendar
Estimate Activity Resources
15. 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
Control Scope
Direct costs
Qualified seller lists
Fast Tracking
16. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Lessons Learned
Attribute Sampling vs. Variables Sampling
Procurement Statements of Work (SOW)
Tolerances vs. Control limits
17. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Risk
Project Schedule Network Diagrams
Facilitated Workshops
Project Procurement Management
18. 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.
Trend Analysis
Schedule Compression
Resource Pool Descriptions
Project Communications Management
19. 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
Project Files
Performance Reviews
Additional Risk Response Planning
20. 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.
Focus groups
Make-or-buy analysis
Constraints
Define Activities
21. Any numbering system used to uniquely identify each component of the work breakdown structure.
Code of Accounts
Initiation
Pareto Diagram/ Chart
Prototypes
22. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Project Portfolio Management
Program Evaluation and Review Technique (PERT)
Estimate Activity Durations
Procurement performance reviews
23. 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
Design of Experiments (DOE)
Analogous Estimating (top-down)
Code of Accounts
Plan Procurements
24. Effect on project objectives if the risk event occurs.
Group Creativity Techniques
Cost Management Plan
Project Planning Methodology
Risk Consequences
25. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Rework
Recruitment Practices
Coding Structure
Close procurements
26. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Project Procurement Management
Project Cost Management
Project Charter
Requirements Management Plan
27. Factors that - for planning purposes - will be considered true - real or certain.
Assumptions
Performance Reviews
Group Creativity Techniques
Work Results
28. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Critical Path Method
Project Files
Organizational Policies
Initiation
29. 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.
Project Selection Methods
Risk Audits
Performance Reviews
Estimate Activity Resources
30. 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
Prevention vs. Inspections
Risk Categories
Quality Audit
31. A requirement imposed by a governmental body and its compliance is mandatory.
Work Results
Regulation
Work Breakdown Structure (WBS)
Product description
32. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Stakeholder register
Mathematical Analysis
Scope Statement
Fast Tracking
33. Modifications to the cost estimation prepared for the project
Perform Quality Control
Interviews
Status Review Meetings
Lessons Learned
34. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Statistical Sampling
Project Quality Management
Residual Risks
Requirements Documentation
35. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Perform Quantitative Risk Analysis
Plan Quality
Project Management Information Systems (PMIS)
Procurement Documents
36. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
External Dependencies
Project Portfolio Management
Crashing
Communications management plan
37. Used to rate or score seller proposals
Procurement Documents
Source Selection Criteria
Project Scope
Perform Quantitative Risk Analysis
38. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Scope Change Control System
Root Cause Analysis
Project Planning Methodology
Collect Requirements
39. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Quality Metrics
Develop Schedule
Schedule Baseline
Project Schedule Network Diagrams
40. Describes how risk management will be structured and performed on the project.
Perform Qualitative Risk Analysis
Analogous Estimating (top-down)
Risk Management Plan
Scope Statement
41. 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.
Decision Tree
Make-or-buy analysis
Distribute Information
Estimate at Completion (EAC)
42. Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education - knowledg
Configuration Management System
Expert Judgment
Project Plan
Re-baselining
43. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Develop Human Resource Plan
Formal acceptance and closure
External Dependencies
Control Scope
44. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Similarities between Operations and Projects
Direct costs
Activity List
Program
45. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Project Communications Management
Precedence Relationships
Decomposition
Quality Metrics
46. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Report Performance
Project Integration Management
Risk management policies
Corrective Action
47. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Procurement Statements of Work (SOW)
Project Integration Management
Re-baselining
Probability and impact matrix
48. 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
Identify Stakeholders
Manage Stakeholder
Quality Metrics
Revised Cost Estimates
49. Technologies or methods to transfer information among project stakeholders.
Project
Communications Technology
Contingency - Buffer - Reserve
Triggers
50. Risks that arise as a direct result of implementing a risk response.
Procurement audits
Focus groups
Secondary Risks
Program Evaluation and Review Technique (PERT)