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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. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Project Plan Updates
Quality Management Plan
Workaround plans
Conditional Diagramming Methods
2. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Project Plan
Control Schedule
Process Adjustments
Functional Organization
3. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Similarities between Operations and Projects
Project Cost Management
Prototypes
Control Costs
4. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.
Rework
Define Activities
Prototypes
Simulation
5. 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
Project Management
Benchmarking
Mitigation
Statistical Sampling
6. Process of identifying the specific actions to be performed to produce the project deliverables.
Coding Structure
Pareto Diagram/ Chart
Define Activities
Plan Procurements
7. 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.
Functional Organization
Risk
Change Requests
Work Authorization System
8. Any modification to the contents of the project plan or the supporting details.
Plan Risk Responses
Proposal
Benchmarking
Project Plan Updates
9. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Quality Metrics
Procurement Management Plan
Project Records
Manage Stakeholder
10. 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
Program
Bottom-up Estimating
Free Float
Quality Audit
11. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the
Project Stakeholders
Quality Management Plan
Contract Change Control System
Coding Structure
12. Effect on project objectives if the risk event occurs.
Risk Consequences
Project Files
Determine Budget
Decision Tree
13. Collection of generally sequential project phases.
Requirements Management Plan
Fixed- price contracts
Project Life Cycle
Cost Management Plan
14. 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
Recruitment Practices
Similarities between Operations and Projects
Communication Requirements Analysis
Project Closeout
15. Technique to evaluate the degree to which data about risks is useful for risk management.
Procurement file
Focus groups
Contingency - Buffer - Reserve
Data Precision Ranking
16. 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.
Performance Reports
Fixed- price contracts
Residual Risks
Time and Material (T&M) Contracts
17. Quantities to be performed for each specific category - and can be used to estimate activity durations
Quantitatively based durations
Constraints
Grade
Product Scope
18. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Assumptions
Organization Chart
Contingency - Buffer - Reserve
Probabilistic Analysis of the project
19. Describes the need - justification - requirements - and current boundaries for the project.
Quality Policy
Scope baseline
Buyer-Seller relationship
Corrective Action
20. 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.
Buyer-Seller relationship
Corrective Action
Control Charts
Verify Scope
21. Outcome of activities performed to accomplish the project.
Crashing
Initiation
Conditional Diagramming Methods
Work Results
22. Special category of revised cost estimates to an approved cost baseline.
Critical Path Methodology (CPM)
Budget Updates
Scope Statement
Project Planning Methodology
23. 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
Resource Pool Descriptions
Analogous Estimating (top-down)
Project Portfolio Management
Corrective Action
24. 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
Status Review Meetings
Resource Calendar
Estimate to Complete (ETC)
Identify Stakeholders
25. The process of determining project stakeholders' information needs and defining a communication approach.
Project
Code of Accounts
Plan Communications
Project Records
26. 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
Crashing
Project Team Directory
Plan Communications
27. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Subproject
Mitigation
Mathematical Analysis
Determine Budget
28. 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
Re-baselining
Project Scope
Simulation
Triggers
29. 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 -
Forecasting
Product Description
System or Process
Project Quality Management
30. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Project Files
Scope baseline
Mitigation
Organization Chart
31. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Quality Metrics
Procurement Documents
Project Assumption Testing
Resource Leveling
32. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Project Quality Management
Quality Assurance
Graphical Evaluation and Review Technique (GERT)
Estimate Activity Durations
33. 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.
Schedule Baseline
Risk Categories
Graphical Evaluation and Review Technique (GERT)
Project Time Management
34. Any numbering system used to uniquely identify each component of the work breakdown structure.
Project Selection Methods
Code of Accounts
Bottom-up Estimating
Procurement Documents
35. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson
Simulation
Organizational Policies
Product Analysis
Risk Database
36. 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
External Feedback
Corrective Action
Communications management plan
Assumptions Analysis
37. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Schedule Compression
Project Scope
Scope Change Control System
Communication Requirements Analysis
38. 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 Integration Management
Resource Leveling
Contingency - Buffer - Reserve
Control Charts
39. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Work Authorization System
Design of Experiments (DOE)
Control Costs
Statistical Sampling
40. 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.
Triggers
Performance Reviews
Workaround plans
Statistical Sampling
41. 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.
Quality Policy
Identify Risks
Attribute Sampling vs. Variables Sampling
Project Cost Management
42. Methods used to distribute information to team members and other stakeholders.
Procurement resources
Plan Procurements
Information Distribution Methods
Constraints
43. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Corrective Action
Subproject
Total Float
Control Charts
44. The policies - guidelines - or procedures that govern the recruitment of staff.
Change Control System
Procurement Documents
Recruitment Practices
Risk management policies
45. Meetings held to assess project status and/or progress.
Performance Reviews
Procurement performance reviews
Re-baselining
Scope baseline
46. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Scope Statement
Work Breakdown Structure (WBS)
Indirect costs / Overhead costs
Report Performance
47. 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
Project Assumption Testing
Procurement audits
Project Planning Methodology
Functional Organization
48. It can include correspondence - memos - meeting minutes - and documents describing the project.
Project Records
Procurement Documents
Time and Material (T&M) Contracts
Forecasting
49. 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.
Conduct Procurements
Project Communications Management
Configuration Management System
Project Plan
50. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Control Account
Work Authorization System
Initiation
Project Risk Management