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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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 determining project stakeholders' information needs and defining a communication approach.






2. 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.






3. Methods used to distribute information to team members and other stakeholders.






4. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.






5. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






6. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






7. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






8. Meetings held to assess project status and/or progress.






9. 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






10. Considers the characteristics of those prospective staff who are available to join the project team.






11. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






12. Used to rate or score seller proposals






13. 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.






14. 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.






15. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






16. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.






17. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






18. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






19. Process of obtaining seller responses - selecting a seller - and awarding a contract






20. 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.






21. Modifications to the cost estimation prepared for the project






22. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






23. 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.






24. Involves setting a fixed total price for a defined product or service to be provided.






25. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si






26. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






27. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






28. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v






29. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.






30. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






31. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co






32. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






33. 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






34. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






35. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






36. 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.






37. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






38. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






39. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






40. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






41. 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






42. 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






43. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






44. 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






45. Special category of revised cost estimates to an approved cost baseline.






46. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






47. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe






48. 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.






49. 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.






50. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.







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