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. 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.






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






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






4. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






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






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






7. Used to solicit proposals from prospective sellers






8. 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.






9. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co






10. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






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






12. Factors which - for planning purposes - are considered to be true - real or certain.






13. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






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






15. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o






16. 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.






17. 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






18. 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






19. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






20. 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.






21. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






22. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






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






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






25. 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.






26. 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






27. 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.






28. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje






29. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






30. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si






31. 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.






32. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






33. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






34. 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






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






36. 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






37. 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






38. 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






39. 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






40. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope






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






42. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






43. Documents how requirements will be analyzed - documented - and managed throughout the project






44. 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






45. 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.






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






47. Features or services that characterize a product - result - or service






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






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






50. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.