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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. Project team must measure itself periodically against the expectations of those outside the project.
External Feedback
Acceptance
Probability and impact matrix
Product Analysis
2. 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
Sensitivity Analysis
Program Evaluation and Review Technique (PERT)
Documentation Reviews
Prototypes
3. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Probabilistic Analysis of the project
Control Schedule
Project Stakeholders
Observations
4. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Trend Analysis
Source Selection Criteria
Procurement Documents
Estimate Activity Resources
5. Involves developing a better understanding of the product of the project
Verify Scope
Product Analysis
Documentation Reviews
Develop Schedule
6. The work that must be done to deliver a product with the specified features and functions
Project Scope
Matrix Organization
Information Distribution Methods
Group Creativity Techniques
7. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Control Scope
Contract Change Control System
Project Management
Program
8. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
External Feedback
Direct costs
Monitor and Control Risks
Staffing Requirements
9. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Human Resource Practices
Root Cause Analysis
Triggers
Change Requests
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
Project Files
Design of Experiments (DOE)
Root Cause Analysis
Procurement Documents
11. 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
Fast Tracking
Flowcharts
Responsibility Assignment Matrix (RAM)
Stakeholder register
12. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Control Account
Conditional Diagramming Methods
Attribute Sampling vs. Variables Sampling
Scope Management Plan
13. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Quality Audit
Facilitated Workshops
Indirect costs / Overhead costs
Regulation
14. 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.
Report Performance
Forecasting
Simulation
Quality Management Plan
15. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.
Indirect costs / Overhead costs
Direct costs
Risk Management Plan
Additional Risk Response Planning
16. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Identify Risks
Project Selection Methods
Probability and impact matrix
Risk
17. It can include correspondence - memos - meeting minutes - and documents describing the project.
Sub Network / Fragment Network
Project Records
Project Files
Constraints
18. A requirement imposed by a governmental body and its compliance is mandatory.
Scope Changes
Develop Schedule
Regulation
Project Human Resource Management
19. 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.
Project Stakeholders
Cost Management Plan
Conditional Diagramming Methods
Status Review Meetings
20. Describes the need - justification - requirements - and current boundaries for the project.
Graphical Evaluation and Review Technique (GERT)
Scope baseline
Budget Updates
Avoidance
21. 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.
Workaround plans
Project Plan
Product description
Constraints
22. Generally used when considerations like technical approach and technical skills are paramount in source selection
Information Distribution Methods
Scope baseline
Proposal
Quality Management Plan
23. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Project Management
Control Charts
Plan Risk Responses
Group Decision Making Techniques
24. Charts that are used to show positions and relationships in a graphical format.
Phase Exits/ Stage Gates/ Kill Points
Organization Chart
Grade
Code of Accounts
25. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Data precision
External Feedback
Proposals
Team Development
26. 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
Templates
Control Scope
To-Complete Performance Index (TCPI)
Budget Updates
27. Terms used when the source selection decision will be based on price
Configuration Management System
Work Results
Acquire Project Team
Bid / quotation
28. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Group Creativity Techniques
Prototypes
Statistical Sampling
Data precision
29. Any numbering system used to uniquely identify each component of the work breakdown structure.
Distribute Information
Code of Accounts
Free Float
Plan Procurements
30. Processes and procedures developed for the closing or canceling of projects.
Inspection
Checklists
Responsibility Assignment Matrix (RAM)
Risk Audits
31. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.
Lag
Estimate at Completion (EAC)
Risk Database
Rework
32. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Project Assumption Testing
Projectized Organization
Indirect costs / Overhead costs
To-Complete Performance Index (TCPI)
33. 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.
Stakeholder Analysis
Constraints
Lessons Learned
Corrective Action
34. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Analogous Estimating / Top-down
Bottom-up Estimating
Project Management
Procurement resources
35. Used to rate or score seller proposals
Trend Analysis
Conduct Procurements
Human Resource Practices
Source Selection Criteria
36. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Bid / quotation
Coding Structure
Risk probability
Lag
37. A project is a temporary endeavor undertaken to create a unique product - service - or result
Schedule updates
Change Requests
Perform Quantitative Risk Analysis
Project
38. Used to solicit proposals from prospective sellers
Procurement Documents
Project Plan
Control Scope
Code of Accounts
39. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.
Group Decision Making Techniques
Schedule Compression
Project Time Management
Recruitment Practices
40. Factors that limit a buyer's options. E.g. - funds availability
Constraints
Project Planning Methodology
Buyer-Seller relationship
Critical Path Method
41. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Project Planning Methodology
Plan Procurements
Team Development
42. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Procurement performance reviews
Free Float
Forecasting
Control Charts
43. 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
Avoidance
Project Integration Management
Estimate Activity Durations
Attribute Sampling vs. Variables Sampling
44. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Templates
Change Control System
Project Management
Simulation
45. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Resource Pool Descriptions
Statistical Sampling
Project Selection Methods
Design of Experiments (DOE)
46. Process of defining how to conduct risk management activities for a project.
Project Quality Management
Project Files
Resource Calendar
Plan Risk Management
47. 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.
Decomposition
Project Management Information Systems (PMIS)
Proposal
Project Communications Management
48. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Activity List
Schedule updates
Performance Reviews
Matrix Organization
49. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Quality
Define Activities
Constraints
Quality Metrics
50. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
Prioritized list of quantified risks
Process Adjustments
Risk Audits
Bottom-up Estimating