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CAPM
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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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. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Resource Leveling
Subproject
Estimate Activity Durations
Requirements Management Plan
2. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization
Product description
Design of Experiments (DOE)
Control Account
Initiation
3. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Earned Value Analysis
Probability and impact matrix
Work Authorization System
Determine Budget
4. Modifications to the cost estimation prepared for the project
Perform Quality Control
Risk management policies
Contract Change Control System
Procurement Statements of Work (SOW)
5. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Project Assumption Testing
Fast Tracking
Project Cost Management
Control Schedule
6. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Program
Responsibility Assignment Matrix (RAM)
Checklists
Formal acceptance and closure
7. 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
Team Development
Technical performance measurement
Work Breakdown Structure (WBS)
Contingency - Buffer - Reserve
8. The work that must be done to deliver a product with the specified features and functions
Scope Management Plan
Project Scope
Identify Stakeholders
Similarities between Operations and Projects
9. 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.
Time and Material (T&M) Contracts
Quality Assurance
Analogous Estimating / Top-down
Activity List
10. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Program Evaluation and Review Technique (PERT)
Monitor and Control Risks
Project Schedule
Statistical Sampling
11. 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
Project Scope
Analogous Estimating (top-down)
Schedule Baseline
Fast Tracking
12. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Resource Leveling
Rework
Project Assumption Testing
13. 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.
Lead
Risk
Attribute Sampling vs. Variables Sampling
Project Quality Management
14. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Cost Performance Baseline
Communications Technology
Define Scope
Inspection
15. 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
Free Float
Forecasting
Control Scope
Root Cause Analysis
16. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold
Control Scope
Project Procurement Management
Stakeholder Analysis
Scope Change Control System
17. Meetings held to assess project status and/or progress.
Performance Reviews
Define Scope
Organization Chart
Identify Risks
18. 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
Expert Judgment
Project
Organization Breakdown Structure
Project Portfolio Management
19. Technique to evaluate the degree to which data about risks is useful for risk management.
Distribute Information
Define Scope
Inspection
Data Precision Ranking
20. Quantities to be performed for each specific category - and can be used to estimate activity durations
Quantitatively based durations
Risk Categories
Organizational Policies
Performance Reviews
21. Any modification to the agreed upon project scope as defined by the approved WBS
Assumptions
Earned Value Analysis
Checklists
Scope Changes
22. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.
Projectized Organization
Trend Analysis
Make-or-buy analysis
Project Human Resource Management
23. 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
Project Portfolio Management
Verify Scope
Graphical Evaluation and Review Technique (GERT)
Prioritized list of quantified risks
24. Modifications to the cost estimation prepared for the project
Control Charts
Proposal
Revised Cost Estimates
Project Files
25. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe
Corrective Action
Procurement audits
Process Adjustments
Life Cycle Costing
26. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.
Project Procurement Management
Flowcharts
Cost-reimbursable contracts
Transference
27. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Data Precision Ranking
Lead
Product Scope
Earned Value Analysis
28. 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
Analogous Estimating / Top-down
Risk Audits
Differences between Operations and Project
Source Selection Criteria
29. A table that links requirements to their origin and traces them throughout the project life cycle
Verify Scope
Sensitivity Analysis
Quantitatively based durations
Requirements Traceability Matrix
30. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Focus groups
Group Creativity Techniques
Parametric Estimating
Determine Budget
31. Outcome of activities performed to accomplish the project.
Organizational Policies
Scope Change Control System
Inspection
Work Results
32. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.
Project Life Cycle
Risk
Bidder Conferences
Assumptions
33. 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
Constraints
Requirements Traceability Matrix
Checklists
Qualified seller lists
34. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Cost-reimbursable contracts
Data precision
Develop Human Resource Plan
Corrective Action
35. 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
Proposals
Project Schedule
Work Results
Product Description
36. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Observations
Project Assumption Testing
Project Scope Management
Assumptions Analysis
37. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Project Procurement Management
Develop Schedule
Trend Analysis
Schedule Baseline
38. Any numbering system used to uniquely identify each component of the work breakdown structure.
Code of Accounts
Make-or-buy analysis
Acquire Project Team
Phase Exits/ Stage Gates/ Kill Points
39. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Organization Breakdown Structure
Flowcharts
Change Control System
Deliverable
40. A documented list of project team members - their project roles - and communication information.
Regulation
Project Team Directory
Risk
Project Scope Management
41. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Plan Procurements
Estimate Costs
Estimate to Complete (ETC)
Work Breakdown Structure (WBS)
42. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.
Templates
Project Management Information Systems (PMIS)
Scope Statement
Life Cycle Costing
43. 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
Precedence Relationships
Project Time Management
Forecasting
Simulation
44. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Identify Stakeholders
Triggers
Constraints
45. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Mandatory Dependencies (or Hard Logic)
Interviews
Performance Reports
Contingency - Buffer - Reserve
46. 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.
Project Communications Management
Additional Risk Response Planning
Subproject
Quality Management Plan
47. 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
Cost Performance Baseline
Root Cause Analysis
Program
Project Scope Management
48. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
Documentation Reviews
Training
External Dependencies
Precedence Relationships
49. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Rework
Corrective Action
Focus groups
Quality Improvement
50. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Distribute Information
Product Scope
Contract
Project Communications Management
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