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






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






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






4. Approved modifications to the project schedule that are used to manage the project






5. 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.






6. Technologies or methods to transfer information among project stakeholders.






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






8. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.






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






10. Documents the characteristics of the product - result - or service which the project is undertaken to create.






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






12. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.






13. 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






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






15. Technique to evaluate the degree to which data about risks is useful for risk management.






16. 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






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






18. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






19. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






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






21. Collection of generally sequential project phases.






22. Subdivision of project deliverables into smaller - more manageable components






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






24. 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






25. 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






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






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






28. 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






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






30. 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.






31. 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.






32. Involves immediate corrective or preventive action as a consequence of quality control measurements.






33. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






34. Includes the processes that organize - manage - and lead the project team.






35. A requirement imposed by a governmental body and its compliance is mandatory.






36. 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






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






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






39. 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.






40. 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.






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






42. 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






43. Describes the need - justification - requirements - and current boundaries for the project.






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






45. 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.






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






47. 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






48. Used to rate or score seller proposals






49. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






50. Process of formalizing acceptance of the completed project deliverables