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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. 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.
Prototypes
Risk Register
Procurement file
Prioritized list of quantified risks
2. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
Analogous Estimating (top-down)
Critical Path Method
Projectized Organization
Lessons Learned
3. 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 - knowledg
Staffing Requirements
Probabilistic Analysis of the project
Expert Judgment
Quality Audit
4. A formal or informal approach to obtain information from stakeholders by talking to them directly
Plan Procurements
Interviews
Contingency - Buffer - Reserve
Project Team Directory
5. 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
Contingency - Buffer - Reserve
Product Analysis
Bottom-up Estimating
Crashing
6. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Manage Stakeholder
Matrix Organization
Regulation
Projectized Organization
7. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Product Scope
Technical performance measurement
Data precision
Project Management
8. 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.
Stakeholder register
Procurement performance reviews
Identify Risks
Schedule Compression
9. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Conduct Procurements
Re-baselining
Constraints
Contract
10. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Manage Stakeholder
Estimate Activity Durations
Prototypes
Perform Qualitative Risk Analysis
11. 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
Additional Risk Response Planning
Risk Management Plan
Project Integration Management
Data precision
12. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Sequence Activities
Re-baselining
Develop Schedule
Project Files
13. 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 -
System or Process
Monitor and Control Risks
Project Management
Critical Path Method
14. Records of previous project results that can be used to identify risks.
Staffing Requirements
Project Files
Qualified seller lists
Performance Reviews
15. Process of developing a detailed description of the project and product
Define Scope
Collect Requirements
Procurement Management Plan
Pareto Diagram/ Chart
16. 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
Communications management plan
Project Time Management
Proposals
Checklists
17. Describes the need - justification - requirements - and current boundaries for the project.
Scope baseline
Resource Pool Descriptions
Projectized Organization
Project Life Cycle
18. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Estimate at Completion (EAC)
Configuration Management System
Project Portfolio Management
Scope Statement
19. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Project
Forecasting
Quantitatively based durations
Product Scope
20. Factors which - for planning purposes - are considered to be true - real or certain.
Scope Management Plan
Assumptions
Project Schedule
Information Distribution Methods
21. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Lead
Team Building Activities
Avoidance
Decision Tree
22. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Differences between Operations and Project
Plan Risk Management
Work Authorization System
Deliverable
23. Probability that a risk will occur.
Project Plan
Risk probability
Control Schedule
Sub Network / Fragment Network
24. 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.
Contract Change Control System
Cost Performance Baseline
Activity List
Buyer-Seller relationship
25. Process of formalizing acceptance of the completed project deliverables
Report Performance
Project Procurement Management
Verify Scope
Performance Reviews
26. 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
Lessons Learned
Manage Stakeholder
Observations
Brainstorming
27. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Life Cycle Costing
Plan Risk Responses
Root Cause Analysis
Buyer-Seller relationship
28. Collection of generally sequential project phases.
Schedule Baseline
Attribute Sampling vs. Variables Sampling
Mandatory Dependencies (or Hard Logic)
Project Life Cycle
29. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start
Bottom-up Estimating
Technical performance measurement
Precedence Relationships
Organization Breakdown Structure
30. 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.
Change Requests
Identify Stakeholders
Assumptions
Pareto Diagram/ Chart
31. 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.
Project Management Information Systems (PMIS)
Qualified seller lists
Quality Assurance
Project Communications Management
32. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Project Quality Management
Project Procurement Management
Information Distribution Methods
Checklists
33. Process of obtaining seller responses - selecting a seller - and awarding a contract
Procurement Management Plan
Conduct Procurements
Code of Accounts
Control Charts
34. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Perform Quality Control
Requirements Documentation
Acquire Project Team
Quality Audit
35. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.
Expert Judgment
Identify Stakeholders
Activity List
Collocation
36. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Forecasting
Estimate Activity Durations
Schedule Compression
Project Cost Management
37. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Risk Audits
Perform Quality Control
Grade
Project Stakeholders
38. 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.
Distribute Information
Inspection
Focus groups
Lag
39. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Total Float
Human Resource Practices
Regulation
Project Scope Management
40. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Project Files
Phase Exits/ Stage Gates/ Kill Points
Subproject
Revised Cost Estimates
41. Allows for probabilistic treatment of both network logic and activity duration estimates
Root Cause Analysis
Graphical Evaluation and Review Technique (GERT)
Lead
Control Scope
42. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec
Attribute Sampling vs. Variables Sampling
Procurement performance reviews
Resource Calendar
Project Risk Management
43. 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
Fast Tracking
Project Stakeholders
Close procurements
Checklists
44. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con
Resource Calendar
Training
Attribute Sampling vs. Variables Sampling
Project Portfolio Management
45. 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
Risk Database
Probabilistic Analysis of the project
Project Schedule
Scope Management Plan
46. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Similarities between Operations and Projects
Quantitatively based durations
Fixed- price contracts
Focus groups
47. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Mathematical Analysis
Transference
Formal acceptance and closure
Perform Qualitative Risk Analysis
48. Describes how individual requirements meet the business need for the project.
Buyer-Seller relationship
Tolerances vs. Control limits
Determine Budget
Requirements Documentation
49. 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
Probabilistic Analysis of the project
Design of Experiments (DOE)
Flowcharts
Fixed- price contracts
50. The planned dates to perform schedule activities and the planned dates for meeting schedule milestones. Includes planned start and finish dates for the project's activities - milestones - work packages - planning packages - and control accounts. This
Flowcharts
Project Schedule
Quality Policy
Organization Chart