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Test your basic knowledge |
CAPM
Start Test
Study First
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. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Project Scope Management
Documentation Reviews
Parametric Estimating
Independent estimates
2. Documents how requirements will be analyzed - documented - and managed throughout the project
Requirements Management Plan
Conduct Procurements
Make-or-buy analysis
Mitigation
3. Describes how risk management will be structured and performed on the project.
Requirements Traceability Matrix
Risk Management Plan
Define Activities
Plan Quality
4. Factors which - for planning purposes - are considered to be true - real or certain.
Assumptions
Proposal
Identify Stakeholders
Responsibility Assignment Matrix (RAM)
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.
Residual Risks
Estimate Activity Durations
Attribute Sampling vs. Variables Sampling
Stakeholder Analysis
6. 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.
System or Process
Project Integration Management
Residual Risks
Sequence Activities
7. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Status Review Meetings
Observations
Risk management policies
Responsibility Assignment Matrix (RAM)
8. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Process Adjustments
Re-baselining
Work Breakdown Structure (WBS)
9. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Staffing Pool Description
Time and Material (T&M) Contracts
Procurement file
Trend Analysis
10. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Program
Technical performance measurement
Risk
To-Complete Performance Index (TCPI)
11. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
Manage Stakeholder
Cost Performance Baseline
Collect Requirements
Lessons Learned
12. Modifications to the cost estimation prepared for the project
Inspection
Activity List
Contract Change Control System
Revised Cost Estimates
13. 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
Estimate Costs
Risk
Close procurements
Project Portfolio Management
14. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Project Human Resource Management
Project Selection Methods
Training
Facilitated Workshops
15. 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.
Brainstorming
Project Files
Product Scope
Work Breakdown Structure (WBS)
16. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Control Charts
Constraints
Change Control System
Plan Quality
17. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Training
Project Procurement Management
Focus groups
Residual Risks
18. Quantities to be performed for each specific category - and can be used to estimate activity durations
Project Assumption Testing
Procurement Management Plan
Quantitatively based durations
Mitigation
19. Terms used when the source selection decision will be based on price
Quality Improvement
Inspection
Communications Technology
Bid / quotation
20. Features or services that characterize a product - result - or service
Product Scope
Sequence Activities
Coding Structure
Quality Metrics
21. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Estimate Activity Durations
Develop Human Resource Plan
Group Decision Making Techniques
Data Precision Ranking
22. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the
Identify Stakeholders
Fast Tracking
Phase Exits/ Stage Gates/ Kill Points
Project Scope Management
23. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Change Requests
Estimate Activity Resources
Project Plan Updates
Report Performance
24. 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
Project Life Cycle
Checklists
Workaround plans
Crashing
25. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co
Stakeholder register
Qualified seller lists
Crashing
Data precision
26. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Resource Pool Descriptions
Control Scope
Simulation
Cost Performance Baseline
27. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Cost Performance Baseline
Bidder Conferences
Phase Exits/ Stage Gates/ Kill Points
Avoidance
28. 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.
Sub Network / Fragment Network
Product description
Control Charts
Corrective Action
29. It can include correspondence - memos - meeting minutes - and documents describing the project.
Decision Tree
Project Records
Risk management policies
Coding Structure
30. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Lag
Corrective Action
Graphical Evaluation and Review Technique (GERT)
Project Cost Management
31. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Lag
Staffing Requirements
Earned Value Analysis
Project Human Resource Management
32. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Perform Quality Control
Transference
Project Planning Methodology
Estimate Activity Durations
33. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Revised Cost Estimates
Deliverable
Fast Tracking
Quality Assurance
34. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.
Risk Database
Constraints
Schedule Compression
Benchmarking
35. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Resource Pool Descriptions
Procurement Statements of Work (SOW)
Constraints
Stakeholder register
36. Process of identifying the specific actions to be performed to produce the project deliverables.
Define Activities
Project Scope Management
Group Creativity Techniques
Project Human Resource Management
37. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.
Project Time Management
Pareto Diagram/ Chart
Project Schedule
Assumptions Analysis
38. Any modification to the agreed upon project scope as defined by the approved WBS
Schedule Compression
Organization Chart
Constraints
Scope Changes
39. 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.
Product Scope
Risk probability
Pareto Diagram/ Chart
Plan Risk Management
40. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Procurement audits
Documentation Reviews
Contract
Interviews
41. 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.
Schedule Compression
Verify Scope
Project Human Resource Management
Product description
42. Includes the processes that organize - manage - and lead the project team.
Assumptions Analysis
Scope Statement
Project Human Resource Management
Prototypes
43. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Lag
Estimate Activity Resources
Corrective Action
Re-baselining
44. Process of defining and documenting stakeholders' needs to meet the project objectives
Collect Requirements
Staffing Pool Description
Formal acceptance and closure
Resource Calendar
45. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.
Project Assumption Testing
Work Results
Lag
Risk Audits
46. Any numbering system used to uniquely identify each component of the work breakdown structure.
Quality Policy
Project Procurement Management
Work Breakdown Structure (WBS)
Configuration Management System
47. 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.
Plan Communications
Checklists
Monitor and Control Risks
Projectized Organization
48. Process of numerically analyzing the effect of identified risks on overall project objectives.
Phase Exits/ Stage Gates/ Kill Points
Perform Quantitative Risk Analysis
Acquire Project Team
Report Performance
49. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Re-baselining
Project Procurement Management
Project Cost Management
Project Life Cycle
50. Process of obtaining seller responses - selecting a seller - and awarding a contract
Prototypes
Conduct Procurements
Scope Management Plan
Additional Risk Response Planning