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. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






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






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






4. 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.






5. 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






6. Process of identifying the specific actions to be performed to produce the project deliverables.






7. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.






8. Any modification to the contents of the project plan or the supporting details.






9. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






10. 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






11. 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






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






13. Collection of generally sequential project phases.






14. 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






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






16. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.






17. Quantities to be performed for each specific category - and can be used to estimate activity durations






18. 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.






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






20. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






21. Outcome of activities performed to accomplish the project.






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






23. 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






24. 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






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






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






27. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






28. 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






29. 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 -






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






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






32. The process of approximating the number of work periods needed to complete individual activities with estimated resources






33. 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.






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






35. 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






36. 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






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






38. 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






39. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






40. 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.






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. Methods used to distribute information to team members and other stakeholders.






43. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






44. The policies - guidelines - or procedures that govern the recruitment of staff.






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






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






47. 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






48. It can include correspondence - memos - meeting minutes - and documents describing the project.






49. 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.






50. 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.