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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. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Costs
Probability and impact matrix
Workaround plans
Project Scope Management
2. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Risk Consequences
Group Creativity Techniques
Cost-reimbursable contracts
Program Evaluation and Review Technique (PERT)
3. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Quality Audit
Organization Chart
Project Assumption Testing
Forecasting
4. A table that links requirements to their origin and traces them throughout the project life cycle
Contract
Distribute Information
Requirements Traceability Matrix
Functional Organization
5. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Assumptions
Plan Risk Responses
Project Quality Management
Formal acceptance and closure
6. Involves setting a fixed total price for a defined product or service to be provided.
Statistical Sampling
Fixed- price contracts
Risk Database
Develop Human Resource Plan
7. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Organizational Policies
Time and Material (T&M) Contracts
Project Quality Management
Life Cycle Costing
8. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.
Scope Management Plan
Independent estimates
Templates
Buyer-Seller relationship
9. Processes and procedures developed for the closing or canceling of projects.
Team Building Activities
Risk Management Plan
Inspection
Human Resource Practices
10. 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
Scope Management Plan
Monitor and Control Risks
Risk Register
11. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Control Scope
Total Float
Project Life Cycle
Manage Stakeholder
12. Special category of revised cost estimates to an approved cost baseline.
Quantitatively based durations
Regulation
Budget Updates
Requirements Management Plan
13. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Lag
Simulation
Precedence Relationships
Design of Experiments (DOE)
14. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Checklists
Project Communications Management
Project Quality Management
Quality Policy
15. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Scope Change Control System
Avoidance
Plan Risk Responses
Projectized Organization
16. 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.
Transference
Quality Management Plan
Project
Project Schedule Network Diagrams
17. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Critical Path Method
Organizational Policies
Design of Experiments (DOE)
Procurement negotiations
18. 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.
Plan Risk Management
Staffing Requirements
Quality Improvement
Bidder Conferences
19. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Flowcharts
Plan Quality
Work Authorization System
Identify Stakeholders
20. 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
Project Human Resource Management
Precedence Relationships
Responsibility Assignment Matrix (RAM)
Inspection
21. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Project Management Information Systems (PMIS)
Work Results
Project Management
Conditional Diagramming Methods
22. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Project Schedule Network Diagrams
Risk Categories
Contract
Work Breakdown Structure (WBS)
23. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Documentation Reviews
Budget Updates
Project Life Cycle
Proposals
24. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Quality Audit
Change Control System
Proposals
Quality Metrics
25. Includes the processes that organize - manage - and lead the project team.
Tolerances vs. Control limits
Project Human Resource Management
Monitor and Control Risks
Functional Organization
26. 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.
Constraints
Monitor and Control Risks
Activity List
Change Requests
27. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Coding Structure
Procurement file
Differences between Operations and Project
Procurement Management Plan
28. Collection of generally sequential project phases.
Total Float
Rework
Checklists
Project Life Cycle
29. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Communication Requirements Analysis
Quality Management Plan
Tolerances vs. Control limits
Conduct Procurements
30. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Stakeholder register
Control Costs
Templates
Focus groups
31. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Activity List
Resource Pool Descriptions
Plan Risk Responses
Plan Procurements
32. 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.
Expert Judgment
Lessons Learned
Estimate at Completion (EAC)
Group Decision Making Techniques
33. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc
External Dependencies
Critical Path Methodology (CPM)
Procurement performance reviews
Communications Technology
34. 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
Quality Assurance
Estimate Costs
Project Charter
Project Risk Management
35. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana
Procurement negotiations
Project Communications Management
Organizational Policies
Work Results
36. 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 Schedule
Scope Statement
Staffing Requirements
Plan Communications
37. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
Plan Quality
Perform Quality Control
Lead
Prioritized list of quantified risks
38. 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
Change Control System
Communications management plan
Cost-reimbursable contracts
Differences between Operations and Project
39. 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
Stakeholder register
Acquire Project Team
Resource Calendar
Benchmarking
40. Any modification to the agreed upon project scope as defined by the approved WBS
Conduct Procurements
Scope Changes
Schedule Compression
Trend Analysis
41. 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
Scope Statement
Earned Value Analysis
Control Charts
Procurement performance reviews
42. Factors that - for planning purposes - will be considered true - real or certain.
Risk
Assumptions
Activity List
Control Scope
43. A documented list of project team members - their project roles - and communication information.
Perform Quality Control
Estimate at Completion (EAC)
Project Team Directory
Work Results
44. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are
Simulation
Scope Management Plan
Graphical Evaluation and Review Technique (GERT)
Parametric Estimating
45. Allows for probabilistic treatment of both network logic and activity duration estimates
Probability and impact matrix
Graphical Evaluation and Review Technique (GERT)
Assumptions
Qualified seller lists
46. 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
Risk Database
Project Team Directory
Project Stakeholders
Design of Experiments (DOE)
47. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Prevention vs. Inspections
Risk Audits
Program Evaluation and Review Technique (PERT)
Project Human Resource Management
48. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Proposals
Group Creativity Techniques
Project Life Cycle
Graphical Evaluation and Review Technique (GERT)
49. 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
Scope baseline
Group Creativity Techniques
Schedule updates
Analogous Estimating (top-down)
50. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Project Charter
Buyer-Seller relationship
Data Precision Ranking
Residual Risks