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






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






3. 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






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






5. 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






6. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.






7. 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.






8. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






9. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope






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






11. 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.






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






13. Technique to evaluate the degree to which data about risks is useful for risk management.






14. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.






15. Collection of generally sequential project phases.






16. 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






17. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






18. 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






19. 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






20. 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






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






22. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.






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






24. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






25. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.






26. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






27. 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.






28. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.






29. Involves immediate corrective or preventive action as a consequence of quality control measurements.






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






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






32. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






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






34. 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.






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






36. 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






37. 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.






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






39. Describes the need - justification - requirements - and current boundaries for the project.






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






41. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






42. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






43. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






44. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.






45. 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 -






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






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






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






49. Quantities to be performed for each specific category - and can be used to estimate activity durations






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