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CAPM
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Subjects
:
certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
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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. Describes how risk management will be structured and performed on the project.
Risk Management Plan
Control Account
Probability and impact matrix
Grade
2. 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.
Schedule updates
Quality Management Plan
Risk Audits
Probabilistic Analysis of the project
3. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Scope Statement
Change Control System
Simulation
Performance Reviews
4. 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
Mandatory Dependencies (or Hard Logic)
Lead
Analogous Estimating / Top-down
Conduct Procurements
5. Processes and procedures developed for the closing or canceling of projects.
Facilitated Workshops
Project Closeout
Constraints
Project Schedule Network Diagrams
6. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Design of Experiments (DOE)
Resource Leveling
Stakeholder register
Functional Organization
7. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Product Analysis
Procurement negotiations
Project Assumption Testing
System or Process
8. 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
Checklists
Control Scope
Coding Structure
Procurement audits
9. 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.
Responsibility Assignment Matrix (RAM)
Rework
Source Selection Criteria
Cost Performance Baseline
10. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Manage Stakeholder
Status Review Meetings
Data precision
Project Risk Management
11. Meetings held to assess project status and/or progress.
Performance Reviews
Project Files
Information Distribution Methods
Tolerances vs. Control limits
12. Considers the characteristics of those prospective staff who are available to join the project team.
Conditional Diagramming Methods
Staffing Pool Description
Quality Policy
Perform Qualitative Risk Analysis
13. 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
Bid / quotation
Perform Qualitative Risk Analysis
Risk Database
Project Files
14. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Distribute Information
Report Performance
Project Risk Management
Graphical Evaluation and Review Technique (GERT)
15. Process of defining and documenting stakeholders' needs to meet the project objectives
Assumptions
Collect Requirements
Project
Grade
16. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Costs
Functional Organization
Critical Path Method
Documentation Reviews
17. Special category of revised cost estimates to an approved cost baseline.
Assumptions Analysis
Recruitment Practices
Prevention vs. Inspections
Prioritized list of quantified risks
18. An estimating technique that uses a statistical relationship between historical data and other variables to calculate an estimate for activity parameters - such as scope - cost - budget - and duration. An example for the cost parameter is multiplying
Scope Management Plan
Parametric Estimating
Procurement Statements of Work (SOW)
Team Development
19. 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
To-Complete Performance Index (TCPI)
Administer procurements
Sub Network / Fragment Network
Conduct Procurements
20. 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
Root Cause Analysis
Triggers
Plan Communications
Control Charts
21. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Project Selection Methods
Project Management Information Systems (PMIS)
Perform Quality Control
Risk Register
22. Effect on project objectives if the risk event occurs.
Contract Change Control System
Source Selection Criteria
Status Review Meetings
Risk Consequences
23. 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
Project Communications Management
Assumptions
Stakeholder Analysis
Quality Policy
24. 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
Resource Calendar
Transference
Control Scope
Fast Tracking
25. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Communication Requirements Analysis
Technical performance measurement
Data precision
Transference
26. Documents how requirements will be analyzed - documented - and managed throughout the project
Perform Quality Control
Cost Management Plan
Resource Leveling
Requirements Management Plan
27. Process of obtaining seller responses - selecting a seller - and awarding a contract
Procurement negotiations
Develop Schedule
Conduct Procurements
Sensitivity Analysis
28. Any numbering system used to uniquely identify each component of the work breakdown structure.
Change Requests
Product Analysis
Transference
Code of Accounts
29. 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.
Time and Material (T&M) Contracts
Parametric Estimating
Work Breakdown Structure (WBS)
Statistical Sampling
30. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.
Resource Pool Descriptions
Root Cause Analysis
Constraints
Project Schedule
31. 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
Triggers
Communication Requirements Analysis
Quality
Scope baseline
32. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje
Organization Chart
Constraints
Project Team Directory
Team Development
33. 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
Code of Accounts
Qualified seller lists
Project Schedule
Technical performance measurement
34. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Team Building Activities
Contract Change Control System
Requirements Management Plan
Develop Schedule
35. 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.
Constraints
Probabilistic Analysis of the project
Quality Management Plan
Revised Cost Estimates
36. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Make-or-buy analysis
Additional Risk Response Planning
Procurement audits
Proposals
37. 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 Risk Management
Checklists
Work Results
Responsibility Assignment Matrix (RAM)
38. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.
Develop Schedule
Independent estimates
Root Cause Analysis
Human Resource Practices
39. 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
Project Procurement Management
Control Scope
Phase Exits/ Stage Gates/ Kill Points
Lead
40. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization
Expert Judgment
Initiation
Buyer-Seller relationship
Process Adjustments
41. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Communications Technology
Responsibility Assignment Matrix (RAM)
Project Files
Conduct Procurements
42. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Simulation
Observations
Control Scope
Probability and impact matrix
43. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Monitor and Control Risks
Configuration Management System
Project Cost Management
Estimate Activity Resources
44. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Mitigation
Proposals
Coding Structure
Contingency - Buffer - Reserve
45. Determining which risks may affect the project and documenting their characteristics.
Procurement performance reviews
Identify Risks
Activity List
Project Scope
46. 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 Communications Management
Project Integration Management
Program
Benchmarking
47. The process of determining project stakeholders' information needs and defining a communication approach.
Quality Assurance
Close procurements
Plan Communications
Contingency - Buffer - Reserve
48. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Scope Statement
Root Cause Analysis
Define Activities
Functional Organization
49. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.
System or Process
Organizational Policies
Identify Stakeholders
Administer procurements
50. 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
Risk Database
Time and Material (T&M) Contracts
Make-or-buy analysis
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