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. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






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






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






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






5. 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.






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






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






8. Features or services that characterize a product - result - or service






9. Terms used when the source selection decision will be based on price






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






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






12. 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.






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






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






15. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.






16. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac






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






18. Effect on project objectives if the risk event occurs.






19. 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






20. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






21. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






22. 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






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






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






25. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r






26. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.






27. 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






28. 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.






29. 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






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






31. Considers the characteristics of those prospective staff who are available to join the project team.






32. Process of identifying the specific actions to be performed to produce the project deliverables.






33. 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






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






35. 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.






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






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






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






39. 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.






40. 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.






41. 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.






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






43. 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






44. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






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






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






47. 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.






48. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.






49. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






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