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 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






2. 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






3. Subdivision of project deliverables into smaller - more manageable components






4. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v






5. The process of approximating the number of work periods needed to complete individual activities with estimated resources






6. The work that must be done to deliver a product with the specified features and functions






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






8. 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






9. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






10. 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.






11. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






12. Process of defining how to conduct risk management activities for a project.






13. 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.






14. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






15. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






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. 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.






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






19. A requirement imposed by a governmental body and its compliance is mandatory.






20. Includes the processes that organize - manage - and lead the project team.






21. 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.






22. 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.






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






24. A project is a temporary endeavor undertaken to create a unique product - service - or result






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






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






27. 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






28. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






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






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






31. Used to solicit proposals from prospective sellers






32. 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






33. 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.






34. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.






35. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






36. 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






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






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






39. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






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






41. 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.






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






43. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.






44. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.






45. 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






46. 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






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






48. 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






49. 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






50. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.