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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. Describes how risk management will be structured and performed on the project.






2. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.






3. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






4. 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






5. Processes and procedures developed for the closing or canceling of projects.






6. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






7. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






8. 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






9. 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.






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






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






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






13. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson






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






15. Process of defining and documenting stakeholders' needs to meet the project objectives






16. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






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






18. 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






19. 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






20. 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






21. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






22. Effect on project objectives if the risk event occurs.






23. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold






24. 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






25. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






26. Documents how requirements will be analyzed - documented - and managed throughout the project






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






28. Any numbering system used to uniquely identify each component of the work breakdown structure.






29. 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.






30. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.






31. 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






32. 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






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






35. 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.






36. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.






37. 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






38. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






39. 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






40. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization






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






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






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






44. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






45. Determining which risks may affect the project and documenting their characteristics.






46. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang






47. The process of determining project stakeholders' information needs and defining a communication approach.






48. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






49. 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.






50. 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






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