Test your basic knowledge |

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. A requirement imposed by a governmental body and its compliance is mandatory.






2. Describes how individual requirements meet the business need for the project.






3. 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.






4. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






5. Process of obtaining seller responses - selecting a seller - and awarding a contract






6. Involves setting a fixed total price for a defined product or service to be provided.






7. Includes the processes that organize - manage - and lead the project team.






8. Quantities to be performed for each specific category - and can be used to estimate activity durations






9. 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






10. Process of numerically analyzing the effect of identified risks on overall project objectives.






11. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






12. 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






13. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r






14. 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






15. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






16. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






17. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking






18. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative






19. Collection of generally sequential project phases.






20. 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 -






21. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






22. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






23. Involves developing a better understanding of the product of the project






24. 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.






25. Subdivision of project deliverables into smaller - more manageable components






26. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






27. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






28. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






29. Allows for probabilistic treatment of both network logic and activity duration estimates






30. 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.






31. Documents the characteristics of the product - result - or service which the project is undertaken to create.






32. Process of developing a detailed description of the project and product






33. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






34. 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






35. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.






36. 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.






37. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






38. Probability that a risk will occur.






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






40. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






41. Process of defining and documenting stakeholders' needs to meet the project objectives






42. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






43. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.






44. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






45. 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






46. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






47. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.






48. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






49. 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.






50. A table that links requirements to their origin and traces them throughout the project life cycle