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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. 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
Mathematical Analysis
Procurement audits
Bid / quotation
Constraints
2. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Graphical Evaluation and Review Technique (GERT)
Organization Chart
Project Files
Corrective Action
3. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
Project Portfolio Management
External Dependencies
Group Creativity Techniques
Staffing Requirements
4. Technique to evaluate the degree to which data about risks is useful for risk management.
Data Precision Ranking
Quality Assurance
Recruitment Practices
Determine Budget
5. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.
Documentation Reviews
Risk
Sub Network / Fragment Network
Collect Requirements
6. 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.
Attribute Sampling vs. Variables Sampling
Facilitated Workshops
Mitigation
Project Human Resource Management
7. Modifications to the cost estimation prepared for the project
Perform Quality Control
Define Activities
Coding Structure
Develop Schedule
8. 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
Procurement file
Flowcharts
Project Closeout
Estimate to Complete (ETC)
9. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Risk Categories
Project Plan
Quality Metrics
Analogous Estimating (top-down)
10. 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.
Procurement file
Subproject
Performance Reviews
Scope Statement
11. 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.
Parametric Estimating
Rework
Bidder Conferences
Risk
12. Includes the processes that organize - manage - and lead the project team.
Project Human Resource Management
Plan Risk Responses
Plan Procurements
Parametric Estimating
13. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Project Communications Management
Team Development
Schedule updates
Constraints
14. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Proposal
Performance Reviews
Triggers
Statistical Sampling
15. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Work Results
Process Adjustments
Project Cost Management
Analogous Estimating / Top-down
16. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Sub Network / Fragment Network
Revised Cost Estimates
Brainstorming
Transference
17. The policies - guidelines - or procedures that govern the recruitment of staff.
Product Scope
Project Management Information Systems (PMIS)
Recruitment Practices
Configuration Management System
18. 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
Report Performance
Communications management plan
Contract Change Control System
Mitigation
19. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Focus groups
Define Activities
Probability and impact matrix
Additional Risk Response Planning
20. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Project Procurement Management
Conduct Procurements
Collect Requirements
Team Building Activities
21. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si
Matrix Organization
Re-baselining
Cost-reimbursable contracts
Quality Assurance
22. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Organizational Policies
External Feedback
Product Analysis
Assumptions Analysis
23. 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
Sensitivity Analysis
Precedence Relationships
Prevention vs. Inspections
Define Activities
24. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Inspection
Root Cause Analysis
Performance Reviews
Life Cycle Costing
25. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec
Project Risk Management
Project Assumption Testing
Grade
Project Files
26. Used to solicit proposals from prospective sellers
Procurement Documents
Buyer-Seller relationship
Similarities between Operations and Projects
Staffing Pool Description
27. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Cost-reimbursable contracts
Brainstorming
Project Cost Management
To-Complete Performance Index (TCPI)
28. 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
Risk Management Plan
Cost-reimbursable contracts
Risk Audits
Checklists
29. Factors which - for planning purposes - are considered to be true - real or certain.
Conditional Diagramming Methods
Assumptions
Scope Management Plan
Earned Value Analysis
30. Generally used when considerations like technical approach and technical skills are paramount in source selection
Project Life Cycle
Training
Staffing Pool Description
Proposal
31. 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.
Risk Categories
Identify Stakeholders
Data Precision Ranking
Monitor and Control Risks
32. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v
Indirect costs / Overhead costs
Sensitivity Analysis
Communications management plan
Interviews
33. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Human Resource Practices
Acceptance
Project Procurement Management
Project Assumption Testing
34. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.
Flowcharts
Assumptions Analysis
Project Plan Updates
Bidder Conferences
35. 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
Earned Value Analysis
Risk Consequences
Recruitment Practices
Manage Stakeholder
36. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Project Communications Management
Resource Pool Descriptions
Project Scope
Human Resource Practices
37. Process of developing a detailed description of the project and product
Perform Quantitative Risk Analysis
Define Scope
Code of Accounts
Schedule updates
38. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Bid / quotation
Bidder Conferences
Project Files
Assumptions
39. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Risk Management Plan
Acceptance
Facilitated Workshops
Control Costs
40. Used to rate or score seller proposals
Source Selection Criteria
Tolerances vs. Control limits
Templates
Documentation Reviews
41. 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.
Total Float
Earned Value Analysis
Develop Schedule
Quality Management Plan
42. 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.
Probability and impact matrix
Make-or-buy analysis
Project Records
Define Scope
43. 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
Flowcharts
Group Decision Making Techniques
Statistical Sampling
44. Methods used to distribute information to team members and other stakeholders.
Brainstorming
Communication Requirements Analysis
Transference
Information Distribution Methods
45. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Risk probability
Verify Scope
Time and Material (T&M) Contracts
Data precision
46. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Checklists
Project Communications Management
Plan Risk Management
Lead
47. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Develop Schedule
Prototypes
Staffing Requirements
Expert Judgment
48. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.
Sequence Activities
Brainstorming
Budget Updates
Indirect costs / Overhead costs
49. Meetings held to assess project status and/or progress.
Acquire Project Team
Expert Judgment
Performance Reviews
Residual Risks
50. 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
Communication Requirements Analysis
Data Precision Ranking
Budget Updates