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. 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 negotiations
Estimate at Completion (EAC)
Plan Risk Responses
Design of Experiments (DOE)
2. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Project Plan
Data Precision Ranking
Process Adjustments
Work Results
3. 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.
Cost Management Plan
Communications management plan
Requirements Traceability Matrix
Control Scope
4. 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.
Regulation
Information Distribution Methods
Benchmarking
Quality Management Plan
5. 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.
Re-baselining
Monitor and Control Risks
Assumptions
Resource Pool Descriptions
6. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Conduct Procurements
Project Human Resource Management
Project Procurement Management
Critical Path Methodology (CPM)
7. Risks that arise as a direct result of implementing a risk response.
Project Quality Management
External Feedback
Secondary Risks
Manage Stakeholder
8. Includes the processes that organize - manage - and lead the project team.
Perform Qualitative Risk Analysis
Project Charter
Project Human Resource Management
Staffing Pool Description
9. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Recruitment Practices
Analogous Estimating / Top-down
Work Authorization System
Grade
10. Factors which - for planning purposes - are considered to be true - real or certain.
Data precision
Quality Improvement
Additional Risk Response Planning
Assumptions
11. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Project Team Directory
Project Planning Methodology
Quality Metrics
Project Time Management
12. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Project Charter
Bid / quotation
Project Quality Management
Cost Performance Baseline
13. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Quality Management Plan
Fast Tracking
Project Schedule Network Diagrams
Facilitated Workshops
14. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched
Monitor and Control Risks
Pareto Diagram/ Chart
Requirements Documentation
Project Time Management
15. Any numbering system used to uniquely identify each component of the work breakdown structure.
Code of Accounts
Process Adjustments
Work Authorization System
Close procurements
16. 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
Communication Requirements Analysis
Procurement Documents
Brainstorming
Assumptions
17. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Project Team Directory
Collocation
Program
Identify Stakeholders
18. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Design of Experiments (DOE)
Project Communications Management
Quality
Project Charter
19. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Control Account
Requirements Management Plan
Resource Pool Descriptions
Focus groups
20. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Trend Analysis
Project Human Resource Management
Lag
Graphical Evaluation and Review Technique (GERT)
21. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Re-baselining
Project Cost Management
Group Decision Making Techniques
Control Account
22. 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
Communications management plan
Procurement negotiations
Precedence Relationships
Plan Quality
23. 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
Plan Risk Responses
Perform Quantitative Risk Analysis
Project Cost Management
24. Determining which risks may affect the project and documenting their characteristics.
Simulation
Inspection
Schedule updates
Identify Risks
25. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Responsibility Assignment Matrix (RAM)
Risk Categories
Project Scope Management
Differences between Operations and Project
26. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Differences between Operations and Project
Contract Change Control System
Quality Improvement
Mathematical Analysis
27. 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
Training
Direct costs
External Dependencies
Expert Judgment
28. Describes the need - justification - requirements - and current boundaries for the project.
Control Schedule
Project Planning Methodology
Plan Risk Responses
Scope baseline
29. 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
Independent estimates
Time and Material (T&M) Contracts
Simulation
Probabilistic Analysis of the project
30. 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
Functional Organization
Avoidance
System or Process
31. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Plan Procurements
Brainstorming
Deliverable
Team Development
32. Involves setting a fixed total price for a defined product or service to be provided.
Change Control System
Fixed- price contracts
Risk Management Plan
Develop Human Resource Plan
33. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Cost Performance Baseline
Data precision
Functional Organization
Attribute Sampling vs. Variables Sampling
34. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Risk Consequences
Scope Management Plan
Parametric Estimating
Project Cost Management
35. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Templates
Report Performance
Risk probability
Deliverable
36. 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
Project Selection Methods
Assumptions Analysis
Fast Tracking
Organizational Policies
37. Subdivision of project deliverables into smaller - more manageable components
Technical performance measurement
Inspection
Decomposition
Product Analysis
38. Process of identifying the specific actions to be performed to produce the project deliverables.
Corrective Action
Staffing Pool Description
Define Activities
Observations
39. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Checklists
Bottom-up Estimating
Precedence Relationships
Risk Categories
40. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Estimate Activity Durations
Organization Breakdown Structure
Communications management plan
Quality Improvement
41. 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
Product Analysis
Mathematical Analysis
Probability and impact matrix
42. 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.
Assumptions Analysis
Control Scope
Project Procurement Management
Make-or-buy analysis
43. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Scope Changes
Lag
Collocation
Tolerances vs. Control limits
44. 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.
Change Requests
Documentation Reviews
Free Float
Group Decision Making Techniques
45. Any modification to the contents of the project plan or the supporting details.
Project Plan Updates
Plan Risk Management
Constraints
Procurement Statements of Work (SOW)
46. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Estimate to Complete (ETC)
Work Results
Triggers
Life Cycle Costing
47. Factors that limit a buyer's options. E.g. - funds availability
External Feedback
Team Development
Facilitated Workshops
Constraints
48. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Project Assumption Testing
Prevention vs. Inspections
Project Schedule
Recruitment Practices
49. 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
Program Evaluation and Review Technique (PERT)
Procurement Statements of Work (SOW)
Communications management plan
50. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Procurement negotiations
Projectized Organization
Risk
Perform Qualitative Risk Analysis