SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Procurement audits
Procurement performance reviews
Project
Scope Statement
2. Involves setting a fixed total price for a defined product or service to be provided.
Fixed- price contracts
Quality Metrics
Risk probability
Scope Changes
3. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
Requirements Traceability Matrix
Scope Changes
Perform Quality Control
4. A requirement imposed by a governmental body and its compliance is mandatory.
Regulation
Staffing Requirements
Project Communications Management
Bottom-up Estimating
5. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Procurement Statements of Work (SOW)
Earned Value Analysis
Resource Leveling
Project Management Information Systems (PMIS)
6. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Flowcharts
Trend Analysis
Perform Quality Control
Project Schedule Network Diagrams
7. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Fast Tracking
Scope Management Plan
Schedule updates
Change Control System
8. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Monitor and Control Risks
Quality Audit
Prevention vs. Inspections
Buyer-Seller relationship
9. 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.
Critical Path Method
Total Float
Cost Management Plan
Project Life Cycle
10. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Project Communications Management
Stakeholder Analysis
Workaround plans
Data precision
11. 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.
Re-baselining
Team Building Activities
Performance Reviews
Perform Quantitative Risk Analysis
12. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Conditional Diagramming Methods
Risk probability
Risk Register
Project Charter
13. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Statistical Sampling
Matrix Organization
Assumptions
Risk Audits
14. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Total Float
Data Precision Ranking
Fixed- price contracts
Coding Structure
15. Project team must measure itself periodically against the expectations of those outside the project.
External Feedback
Grade
Earned Value Analysis
Human Resource Practices
16. Involves developing a better understanding of the product of the project
Communications Technology
Product Analysis
Earned Value Analysis
Change Control System
17. 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 - knowledg
Re-baselining
Scope baseline
Risk Register
Expert Judgment
18. 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.
Scope Changes
Indirect costs / Overhead costs
Group Creativity Techniques
Develop Human Resource Plan
19. Special category of revised cost estimates to an approved cost baseline.
Analogous Estimating (top-down)
Group Decision Making Techniques
Product Scope
Budget Updates
20. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica
Make-or-buy analysis
Communications management plan
Control Costs
Collocation
21. Terms used when the source selection decision will be based on price
Phase Exits/ Stage Gates/ Kill Points
Risk Database
Project Closeout
Bid / quotation
22. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Lead
Quality Assurance
Sensitivity Analysis
Free Float
23. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Product Scope
Free Float
Earned Value Analysis
Checklists
24. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Acceptance
Bidder Conferences
Probabilistic Analysis of the project
Deliverable
25. 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
Procurement audits
Program
Requirements Management Plan
Facilitated Workshops
26. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Benchmarking
Cost Performance Baseline
Project Portfolio Management
Control Schedule
27. Modifications to the cost estimation prepared for the project
Probability and impact matrix
Project Records
Revised Cost Estimates
Lessons Learned
28. 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.
Control Account
Recruitment Practices
Procurement Documents
Work Breakdown Structure (WBS)
29. 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.
Quality Assurance
Change Requests
Project Portfolio Management
Trend Analysis
30. An applicable restriction that will affect the performance of the project/process.
Organizational Policies
Project Cost Management
Constraints
Data Precision Ranking
31. A table that links requirements to their origin and traces them throughout the project life cycle
Administer procurements
Requirements Traceability Matrix
Secondary Risks
Organization Chart
32. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Quantitatively based durations
Determine Budget
Project Risk Management
Group Decision Making Techniques
33. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Project Schedule Network Diagrams
Project Integration Management
Risk Database
Perform Quantitative Risk Analysis
34. 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
Requirements Traceability Matrix
Phase Exits/ Stage Gates/ Kill Points
Inspection
Bidder Conferences
35. 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
Recruitment Practices
Bidder Conferences
Procurement resources
Bottom-up Estimating
36. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Process Adjustments
Functional Organization
Code of Accounts
Risk management policies
37. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform
Process Adjustments
Analogous Estimating (top-down)
Project Time Management
Estimate Costs
38. 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.
Qualified seller lists
Performance Reports
Administer procurements
Recruitment Practices
39. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Procurement performance reviews
Program
Quality Metrics
Resource Leveling
40. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Tolerances vs. Control limits
Plan Quality
Quality
Quality Management Plan
41. 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.
Process Adjustments
Quality Management Plan
Performance Reviews
Risk Management Plan
42. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Perform Quality Control
Cost-reimbursable contracts
Indirect costs / Overhead costs
Project Quality Management
43. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Control Costs
Program
Analogous Estimating / Top-down
Project Files
44. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe
Estimate at Completion (EAC)
Resource Calendar
Transference
Project Time Management
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.
Phase Exits/ Stage Gates/ Kill Points
Risk Audits
Contract Change Control System
Project Quality Management
46. 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
Assumptions
Product description
Procurement file
Team Building Activities
47. 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.
Project Human Resource Management
Independent estimates
Constraints
Project Team Directory
48. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Project Scope Management
Work Results
Secondary Risks
Corrective Action
49. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Organization Chart
Project Plan Updates
Project Quality Management
Identify Risks
50. Describes the need - justification - requirements - and current boundaries for the project.
Procurement Documents
Scope baseline
To-Complete Performance Index (TCPI)
Project Procurement Management