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






2. 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






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






4. 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.






5. 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






6. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.






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






8. Modifications to the cost estimation prepared for the project






9. 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






10. Documents the characteristics of the product - result - or service which the project is undertaken to create.






11. Charts that are used to show positions and relationships in a graphical format.






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






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






14. 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






15. 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.






16. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






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






18. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.






19. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






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






21. Process of defining and documenting stakeholders' needs to meet the project objectives






22. 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






23. 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






24. 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






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






26. It can include correspondence - memos - meeting minutes - and documents describing the project.






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






28. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






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






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






31. 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






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






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






34. Changing the project management plan to eliminate the threat entirely.






35. 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.






36. 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.






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






38. Used to rate or score seller proposals






39. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






40. Outcome of activities performed to accomplish the project.






41. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






42. 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






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






44. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.






45. 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






46. 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






47. Process of developing a detailed description of the project and product






48. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






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






50. 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.