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. 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






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






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






4. 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.






5. 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.






6. 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






7. 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






8. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.






9. 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.






10. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






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






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






13. 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






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






15. Process of formalizing acceptance of the completed project deliverables






16. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.






17. Collection of generally sequential project phases.






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






19. 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






20. 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.






21. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






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






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






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






25. 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






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






27. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






28. 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






29. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






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






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






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






33. 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






34. 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






35. 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.






36. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte






37. Any modification to the agreed upon project scope as defined by the approved WBS






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






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






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






41. 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.






42. 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.






43. 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






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






45. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.






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






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






48. 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






49. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.






50. 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.