Test your basic knowledge |

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






2. 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.






3. A documented list of project team members - their project roles - and communication information.






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






5. A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower - more detailed pieces of work. These estimates are then aggregated into a to






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






7. Records of previous project results that can be used to identify risks.






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






9. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






10. 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






11. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative






12. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.






13. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.






14. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.






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






16. 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.






17. Project team must measure itself periodically against the expectations of those outside the project.






18. A modification of a logical relationship that directs a delay in the successor activity.






19. 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.






20. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th






21. Factors that will limit the project management team's options (e.g. - a predefined budget)






22. 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






23. Process of numerically analyzing the effect of identified risks on overall project objectives.






24. Terms used when the source selection decision will be based on price






25. Process of defining how to conduct risk management activities for a project.






26. Outcome of activities performed to accomplish the project.






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






28. 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.






29. 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






30. 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.






31. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.






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






33. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.






34. 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.






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. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






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






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






39. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg






40. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






41. 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






42. 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






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.






44. 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






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






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






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






48. 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.






49. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






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