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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. 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
Root Cause Analysis
Procurement performance reviews
Probabilistic Analysis of the project
2. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Quality Management Plan
Procurement performance reviews
Procurement resources
Perform Quality Control
3. 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
Estimate to Complete (ETC)
Procurement file
Communication Requirements Analysis
Team Building Activities
4. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are
Work Breakdown Structure (WBS)
Project Cost Management
Simulation
Define Activities
5. Project team must measure itself periodically against the expectations of those outside the project.
Probability and impact matrix
Project Assumption Testing
External Feedback
Inspection
6. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Determine Budget
Mathematical Analysis
Scope baseline
Project Management
7. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Conditional Diagramming Methods
Risk Management Plan
Project Schedule
Activity List
8. 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 Stakeholders
Analogous Estimating / Top-down
Project Procurement Management
Schedule Baseline
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
Project Procurement Management
Project Communications Management
Product Analysis
Technical performance measurement
10. Process of developing a detailed description of the project and product
Program
Define Scope
Sequence Activities
System or Process
11. Records of previous project results that can be used to identify risks.
Fast Tracking
Training
Project Files
Procurement negotiations
12. Risks that arise as a direct result of implementing a risk response.
Work Authorization System
Critical Path Methodology (CPM)
Trend Analysis
Secondary Risks
13. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Documentation Reviews
Acceptance
Independent estimates
Data precision
14. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.
Deliverable
Work Breakdown Structure (WBS)
Project Time Management
Regulation
15. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Project Records
Human Resource Practices
Mathematical Analysis
Design of Experiments (DOE)
16. 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
Change Requests
Project Management Information Systems (PMIS)
Collect Requirements
17. Any modification to the agreed upon project scope as defined by the approved WBS
Resource Pool Descriptions
Free Float
Schedule updates
Scope Changes
18. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Resource Pool Descriptions
Transference
Stakeholder register
Benchmarking
19. Factors that limit a buyer's options. E.g. - funds availability
Constraints
Activity List
Secondary Risks
Collect Requirements
20. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Program
Simulation
Work Authorization System
Team Building Activities
21. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Scope Changes
Checklists
Project Selection Methods
Quality Improvement
22. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac
Assumptions Analysis
Independent estimates
Project
Responsibility Assignment Matrix (RAM)
23. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities
Quantitatively based durations
Procurement resources
Inspection
Simulation
24. 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 -
Probability and impact matrix
Project Selection Methods
System or Process
Decision Tree
25. 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 Procurement Management
Configuration Management System
Risk management policies
Work Results
26. 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
Project Files
Project Files
Team Development
Transference
27. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Quality Policy
Product Scope
Collect Requirements
Phase Exits/ Stage Gates/ Kill Points
28. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Statistical Sampling
Total Float
Project Stakeholders
Similarities between Operations and Projects
29. 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
Project Scope Management
Probabilistic Analysis of the project
Parametric Estimating
Re-baselining
30. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Inspection
Brainstorming
Manage Stakeholder
Probability and impact matrix
31. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Project Stakeholders
Training
Projectized Organization
Risk Database
32. 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
Independent estimates
Quality Audit
Budget Updates
Procurement audits
33. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Project Records
Sequence Activities
Differences between Operations and Project
Monitor and Control Risks
34. Factors that - for planning purposes - will be considered true - real or certain.
Coding Structure
Quality Management Plan
Assumptions
Project Life Cycle
35. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe
Report Performance
Program
Resource Calendar
Project Procurement Management
36. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Develop Human Resource Plan
Group Decision Making Techniques
Control Schedule
Design of Experiments (DOE)
37. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform
Quality Management Plan
Plan Quality
Analogous Estimating (top-down)
Scope Management Plan
38. Factors which - for planning purposes - are considered to be true - real or certain.
Design of Experiments (DOE)
Assumptions
Documentation Reviews
Revised Cost Estimates
39. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Close procurements
Communication Requirements Analysis
Analogous Estimating (top-down)
Requirements Documentation
40. Process of obtaining seller responses - selecting a seller - and awarding a contract
Conduct Procurements
Project Management Information Systems (PMIS)
Requirements Management Plan
Collocation
41. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Organization Chart
Scope Management Plan
Status Review Meetings
Fast Tracking
42. 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
Expert Judgment
Risk
Pareto Diagram/ Chart
Precedence Relationships
43. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Collocation
Procurement file
Resource Leveling
Risk Register
44. Technologies or methods to transfer information among project stakeholders.
Communications Technology
Project Stakeholders
Bid / quotation
Conditional Diagramming Methods
45. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Acquire Project Team
Project Team Directory
Checklists
Risk Database
46. A documented list of project team members - their project roles - and communication information.
Data precision
Project Human Resource Management
Project Team Directory
Mathematical Analysis
47. 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.
Define Scope
Facilitated Workshops
Group Creativity Techniques
Project Plan
48. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Decomposition
Project Management Information Systems (PMIS)
Performance Reports
Trend Analysis
49. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Activity List
Project Human Resource Management
Project Plan Updates
Focus groups
50. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Configuration Management System
Templates
Decomposition
Acquire Project Team