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






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






3. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






4. 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






5. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.






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






7. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec






8. 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.






9. A documented list of project team members - their project roles - and communication information.






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






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






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






13. 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






14. 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.






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






16. Technologies or methods to transfer information among project stakeholders.






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






18. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.






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






20. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.






21. It compares cost performance over time - schedule activities or work packages overrunning and under running the budget - and estimated funds needed to complete work in progress.






22. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.






23. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






24. Processes and procedures developed for the closing or canceling of projects.






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






26. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






27. Modifications to the cost estimation prepared for the project






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






29. 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.






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






31. 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






32. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.






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






34. Process of formalizing acceptance of the completed project deliverables






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






36. Factors that will limit the project management team's options (e.g. - a predefined budget)






37. Charts/ 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 -






38. 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






39. 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.






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






41. Describes how individual requirements meet the business need for the project.






42. Approved modifications to the project schedule that are used to manage the project






43. 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






44. An applicable restriction that will affect the performance of the project/process.






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






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






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






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 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. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w