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. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






2. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






3. Factors that - for planning purposes - will be considered true - real or certain.






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






5. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






6. 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






7. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






8. 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






9. Generally used when considerations like technical approach and technical skills are paramount in source selection






10. 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






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






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






13. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






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






15. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.






16. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






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






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






19. 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






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






21. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






22. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities






23. Records of previous project results that can be used to identify risks.






24. 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






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






26. A table that links requirements to their origin and traces them throughout the project life cycle






27. 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.






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






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






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






31. 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






32. Probability that a risk will occur.






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






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






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






36. 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






37. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






38. 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






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






40. A formal or informal approach to obtain information from stakeholders by talking to them directly






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






42. An applicable restriction that will affect the performance of the project/process.






43. 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.






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






45. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






46. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.






47. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






48. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






49. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






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