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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. Changing the project management plan to eliminate the threat entirely.
Procurement Documents
Parametric Estimating
Avoidance
Probability and impact matrix
2. The work that must be done to deliver a product with the specified features and functions
Control Scope
Assumptions
Project Scope
Root Cause Analysis
3. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Team Development
Risk Database
Contract
Pareto Diagram/ Chart
4. Terms used when the source selection decision will be based on price
Risk Consequences
Bid / quotation
Quality Metrics
Work Results
5. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.
Work Authorization System
Sequence Activities
Project Procurement Management
Assumptions
6. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Probability and impact matrix
Project Risk Management
Program
Verify Scope
7. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Status Review Meetings
Administer procurements
Crashing
Differences between Operations and Project
8. Features or services that characterize a product - result - or service
Product Scope
Control Charts
Residual Risks
Verify Scope
9. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo
Project Scope
Configuration Management System
Quality Policy
Interviews
10. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Estimate at Completion (EAC)
Administer procurements
Analogous Estimating (top-down)
Project Procurement Management
11. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Brainstorming
Resource Leveling
Inspection
Critical Path Method
12. An applicable restriction that will affect the performance of the project/process.
Plan Quality
Stakeholder Analysis
Process Adjustments
Constraints
13. Effect on project objectives if the risk event occurs.
Project Schedule
Risk Consequences
Estimate at Completion (EAC)
Change Requests
14. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Project Time Management
Program Evaluation and Review Technique (PERT)
Coding Structure
Perform Quality Control
15. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Product Scope
Code of Accounts
Group Creativity Techniques
Trend Analysis
16. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Observations
Scope baseline
Project Files
Project Integration Management
17. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.
Conditional Diagramming Methods
Make-or-buy analysis
Fixed- price contracts
Residual Risks
18. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Risk management policies
Project Planning Methodology
Communication Requirements Analysis
Phase Exits/ Stage Gates/ Kill Points
19. 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.
Control Scope
Constraints
Estimate Activity Durations
Avoidance
20. Probability that a risk will occur.
Plan Risk Responses
Inspection
Risk probability
Project Closeout
21. Meetings held to assess project status and/or progress.
Fast Tracking
Performance Reviews
Performance Reports
Information Distribution Methods
22. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities
Procurement resources
Flowcharts
Status Review Meetings
Change Requests
23. 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
Communication Requirements Analysis
Project Files
Proposals
Crashing
24. 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
Precedence Relationships
Quality Audit
Assumptions
Constraints
25. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Configuration Management System
Bottom-up Estimating
Attribute Sampling vs. Variables Sampling
Control Account
26. A table that links requirements to their origin and traces them throughout the project life cycle
Work Breakdown Structure (WBS)
Total Float
Requirements Traceability Matrix
Project Life Cycle
27. 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.
Parametric Estimating
Budget Updates
Prevention vs. Inspections
Prioritized list of quantified risks
28. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Coding Structure
Independent estimates
Mandatory Dependencies (or Hard Logic)
Lead
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 -
Secondary Risks
Scope baseline
Activity List
System or Process
30. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Scope Management Plan
Project Planning Methodology
Free Float
Schedule updates
31. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Functional Organization
Organizational Policies
Contract
Work Results
32. Process of defining and documenting stakeholders' needs to meet the project objectives
Quality Improvement
Project Closeout
Assumptions Analysis
Collect Requirements
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.
Functional Organization
Schedule Baseline
Precedence Relationships
Procurement Documents
34. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Identify Stakeholders
Lead
Risk Management Plan
Bid / quotation
35. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Risk Management Plan
Project Communications Management
Develop Schedule
Sub Network / Fragment Network
36. 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
Total Float
Risk Categories
Workaround plans
Inspection
37. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Training
Risk Database
Statistical Sampling
Define Scope
38. 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.
Perform Quantitative Risk Analysis
Change Requests
Mathematical Analysis
Decision Tree
39. A documented list of project team members - their project roles - and communication information.
Recruitment Practices
Project Team Directory
Risk management policies
Communications management plan
40. 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.
Work Authorization System
External Feedback
Project Time Management
Risk probability
41. The policies - guidelines - or procedures that govern the recruitment of staff.
Group Creativity Techniques
Recruitment Practices
Communication Requirements Analysis
Project Life Cycle
42. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Risk Database
Statistical Sampling
Project Planning Methodology
Procurement performance reviews
43. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Decomposition
Direct costs
Avoidance
Estimate at Completion (EAC)
44. Special category of revised cost estimates to an approved cost baseline.
Decision Tree
Prevention vs. Inspections
Re-baselining
Project Human Resource Management
45. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.
Administer procurements
Contract Change Control System
Project Management
Cost Management Plan
46. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Focus groups
Tolerances vs. Control limits
Project Cost Management
Critical Path Method
47. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers
Human Resource Practices
Critical Path Method
Indirect costs / Overhead costs
Qualified seller lists
48. Describes how risk management will be structured and performed on the project.
Time and Material (T&M) Contracts
Regulation
Risk Management Plan
Trend Analysis
49. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Constraints
Functional Organization
Subproject
Perform Quality Control
50. 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
Lead
Assumptions Analysis
Fast Tracking
Flowcharts