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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. 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
Proposals
Lessons Learned
Projectized Organization
Bidder Conferences
2. Process of identifying the specific actions to be performed to produce the project deliverables.
Fixed- price contracts
Define Activities
Quality Metrics
Risk Consequences
3. Factors that - for planning purposes - will be considered true - real or certain.
Assumptions
Group Decision Making Techniques
To-Complete Performance Index (TCPI)
Cost Management Plan
4. 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
Total Float
Requirements Traceability Matrix
Resource Calendar
5. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.
Project Management
Status Review Meetings
Buyer-Seller relationship
Performance Reviews
6. Project team must measure itself periodically against the expectations of those outside the project.
Brainstorming
Procurement resources
Project Risk Management
External Feedback
7. Technique to evaluate the degree to which data about risks is useful for risk management.
Assumptions
Source Selection Criteria
Simulation
Data Precision Ranking
8. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Project Assumption Testing
Deliverable
Technical performance measurement
Assumptions Analysis
9. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Trend Analysis
Cost-reimbursable contracts
Design of Experiments (DOE)
Human Resource Practices
10. Meetings held to assess project status and/or progress.
Resource Calendar
Project Scope Management
Performance Reviews
Organization Chart
11. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Quality
Templates
Scope Statement
Trend Analysis
12. Any modification to the contents of the project plan or the supporting details.
Resource Calendar
Schedule Baseline
Project Plan Updates
Project Quality Management
13. Includes the processes that organize - manage - and lead the project team.
Organization Chart
Constraints
Bidder Conferences
Project Human Resource Management
14. 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
Perform Qualitative Risk Analysis
Data precision
Project Management Information Systems (PMIS)
Expert Judgment
15. 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
Buyer-Seller relationship
Project Risk Management
Root Cause Analysis
Activity List
16. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Project Human Resource Management
Configuration Management System
Functional Organization
Project Files
17. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Schedule Baseline
Project Cost Management
Project Human Resource Management
Plan Risk Responses
18. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Control Schedule
Project Cost Management
Control Charts
Documentation Reviews
19. Involves developing a better understanding of the product of the project
Requirements Management Plan
Procurement performance reviews
Product Analysis
Procurement Statements of Work (SOW)
20. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Project Cost Management
Determine Budget
Project Plan Updates
Control Costs
21. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
Parametric Estimating
Time and Material (T&M) Contracts
Prioritized list of quantified risks
Re-baselining
22. Process of numerically analyzing the effect of identified risks on overall project objectives.
Lessons Learned
Pareto Diagram/ Chart
Tolerances vs. Control limits
Perform Quantitative Risk Analysis
23. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Plan Risk Responses
Pareto Diagram/ Chart
Group Decision Making Techniques
Project Files
24. The process of determining project stakeholders' information needs and defining a communication approach.
Workaround plans
Resource Leveling
Plan Communications
Control Charts
25. 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.
Product Scope
Conduct Procurements
Risk Database
Distribute Information
26. 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
Project Assumption Testing
Plan Quality
Stakeholder register
Configuration Management System
27. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Requirements Traceability Matrix
Risk Management Plan
Determine Budget
Resource Pool Descriptions
28. A table that links requirements to their origin and traces them throughout the project life cycle
Requirements Traceability Matrix
Organization Breakdown Structure
Facilitated Workshops
Process Adjustments
29. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Procurement resources
Risk Categories
Phase Exits/ Stage Gates/ Kill Points
Close procurements
30. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.
Transference
Identify Stakeholders
Quality Policy
Project Time Management
31. 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.
Data Precision Ranking
Contract Change Control System
Program
Performance Reports
32. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Work Authorization System
Training
Constraints
Define Activities
33. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Probability and impact matrix
Constraints
Quality Improvement
Quality Metrics
34. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Process Adjustments
Project Assumption Testing
Work Breakdown Structure (WBS)
Lag
35. Collection of generally sequential project phases.
Quality Metrics
Corrective Action
Project Quality Management
Project Life Cycle
36. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Sensitivity Analysis
Data precision
Procurement Management Plan
Project Assumption Testing
37. 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
Project Files
Make-or-buy analysis
Bidder Conferences
External Dependencies
38. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve
Verify Scope
Close procurements
Procurement file
Cost Performance Baseline
39. 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.
Formal acceptance and closure
Product Description
Information Distribution Methods
Project Plan
40. 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
Project Plan
Quantitatively based durations
Design of Experiments (DOE)
41. Considers the characteristics of those prospective staff who are available to join the project team.
Risk
Staffing Pool Description
Work Results
Fast Tracking
42. The policies - guidelines - or procedures that govern the recruitment of staff.
Performance Reports
Brainstorming
Recruitment Practices
Formal acceptance and closure
43. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Mathematical Analysis
Human Resource Practices
Scope Statement
Resource Leveling
44. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte
Crashing
Project Files
Organizational Policies
Resource Pool Descriptions
45. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Work Breakdown Structure (WBS)
External Feedback
Define Scope
Project Files
46. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Project Cost Management
Quality Management Plan
Residual Risks
Assumptions
47. 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
Product Analysis
Manage Stakeholder
Project Schedule Network Diagrams
Change Requests
48. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Scope Management Plan
Project Quality Management
Plan Risk Management
Inspection
49. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Templates
Close procurements
Rework
Project Scope
50. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Procurement Statements of Work (SOW)
Quality Assurance
Resource Leveling