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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. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Identify Stakeholders
Control Account
Estimate Activity Durations
Quality Metrics
2. 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
Define Activities
Lag
Expert Judgment
Forecasting
3. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.
Lead
Perform Quality Control
Benchmarking
Schedule Baseline
4. 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 Human Resource Management
Lessons Learned
Technical performance measurement
Project Stakeholders
5. Probability that a risk will occur.
Risk probability
Configuration Management System
Develop Human Resource Plan
Requirements Management Plan
6. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Configuration Management System
Recruitment Practices
Risk Audits
Forecasting
7. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Revised Cost Estimates
Sensitivity Analysis
Rework
Grade
8. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.
Close procurements
Rework
Resource Calendar
Inspection
9. Process of numerically analyzing the effect of identified risks on overall project objectives.
Procurement negotiations
Inspection
Corrective Action
Perform Quantitative Risk Analysis
10. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
External Feedback
Project Selection Methods
Direct costs
Program
11. A requirement imposed by a governmental body and its compliance is mandatory.
Regulation
Schedule Baseline
Status Review Meetings
Quality Improvement
12. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Change Requests
Estimate Activity Resources
Probabilistic Analysis of the project
Statistical Sampling
13. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec
Procurement resources
Project Risk Management
Activity List
Project Portfolio Management
14. Allows for probabilistic treatment of both network logic and activity duration estimates
Graphical Evaluation and Review Technique (GERT)
Residual Risks
Plan Risk Management
Quality
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
Work Authorization System
Organization Chart
Root Cause Analysis
Constraints
16. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Project Management
Project Assumption Testing
Quality Metrics
Schedule Baseline
17. Outcome of activities performed to accomplish the project.
Change Control System
Plan Procurements
Work Results
Group Decision Making Techniques
18. 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
Flowcharts
Time and Material (T&M) Contracts
Parametric Estimating
Scope baseline
19. Describes how individual requirements meet the business need for the project.
Project Procurement Management
Manage Stakeholder
Requirements Documentation
Observations
20. 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
Data precision
Proposals
Collocation
21. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Inspection
Project Selection Methods
Product description
Project Schedule Network Diagrams
22. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Statistical Sampling
Constraints
Inspection
Risk
23. 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
Conditional Diagramming Methods
Total Float
Assumptions Analysis
Project Team Directory
24. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Training
Scope Changes
Performance Reviews
Documentation Reviews
25. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Product Description
Decomposition
Technical performance measurement
Project Procurement Management
26. Features or services that characterize a product - result - or service
Product Scope
Tolerances vs. Control limits
To-Complete Performance Index (TCPI)
Templates
27. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning
Perform Qualitative Risk Analysis
Distribute Information
Organization Breakdown Structure
Product description
28. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Lead
Program Evaluation and Review Technique (PERT)
Organization Breakdown Structure
Contract Change Control System
29. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Decision Tree
Develop Schedule
Procurement audits
Control Scope
30. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Workaround plans
Organizational Policies
Sequence Activities
Program Evaluation and Review Technique (PERT)
31. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Estimate Costs
Mandatory Dependencies (or Hard Logic)
Project Scope Management
Process Adjustments
32. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r
Observations
Cost Management Plan
Fixed- price contracts
Project Risk Management
33. Meetings held to assess project status and/or progress.
Fixed- price contracts
Proposal
Qualified seller lists
Performance Reviews
34. 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.
Perform Quality Control
Resource Leveling
Cost Management Plan
External Dependencies
35. The process of determining project stakeholders' information needs and defining a communication approach.
Transference
Focus groups
Simulation
Plan Communications
36. 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
Lag
Control Scope
Deliverable
37. 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
Identify Stakeholders
Resource Calendar
Corrective Action
38. 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.
Team Development
Quality Improvement
Staffing Pool Description
Make-or-buy analysis
39. 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.
Risk Management Plan
Schedule Compression
Identify Stakeholders
Perform Quality Control
40. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Perform Qualitative Risk Analysis
Project Management Information Systems (PMIS)
Expert Judgment
Corrective Action
41. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Quality Policy
Project Procurement Management
Regulation
Project Cost Management
42. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Work Breakdown Structure (WBS)
Scope Change Control System
Perform Quantitative Risk Analysis
Contract
43. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Procurement performance reviews
Contract
Avoidance
Work Authorization System
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
Training
Source Selection Criteria
Requirements Traceability Matrix
45. Describes the need - justification - requirements - and current boundaries for the project.
Constraints
Scope baseline
Critical Path Methodology (CPM)
Source Selection Criteria
46. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Qualified seller lists
Performance Reviews
Project Quality Management
Parametric Estimating
47. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Requirements Traceability Matrix
Staffing Requirements
Checklists
Cost Performance Baseline
48. Modifications to the cost estimation prepared for the project
Perform Quality Control
Procurement Documents
Collect Requirements
External Dependencies
49. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Focus groups
Risk probability
Quality Audit
Plan Risk Management
50. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Free Float
Manage Stakeholder
Human Resource Practices
Differences between Operations and Project