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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.
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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. A table that links requirements to their origin and traces them throughout the project life cycle






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






3. 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






4. Charts/ 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 -






5. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje






6. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






7. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






8. A project is a temporary endeavor undertaken to create a unique product - service - or result






9. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






10. 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.






11. 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






12. 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.






13. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






14. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






15. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






16. 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.






17. 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






18. 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






19. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology






20. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






21. Process of developing a detailed description of the project and product






22. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans






23. 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






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






25. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






26. 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.






27. Outcome of activities performed to accomplish the project.






28. 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






29. Allows for probabilistic treatment of both network logic and activity duration estimates






30. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.






31. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.






32. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






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






34. 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






35. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






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






37. 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.






38. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






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






40. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






41. 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.






42. 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






43. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






44. 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.






45. The calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal - such as the budget at completion (BAC) or the estimate at completion (EAC). It is the ratio of 'remaining work' to the 'fu






46. 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






47. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






48. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






49. Modifications to the cost estimation prepared for the project






50. 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.







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