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






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






3. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






4. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






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. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






7. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






8. Probability that a risk will occur.






9. 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






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






11. 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.






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






13. 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






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






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






16. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve






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






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






19. Used to rate or score seller proposals






20. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.






21. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






22. 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.






23. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






24. Factors that limit a buyer's options. E.g. - funds availability






25. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






26. Involves setting a fixed total price for a defined product or service to be provided.






27. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






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






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






30. 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






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






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






33. Modifications to the cost estimation prepared for the project






34. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






35. 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






36. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






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






38. 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






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






40. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.






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






42. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






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






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






45. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






46. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans






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






48. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.






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






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







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