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. 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






2. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






3. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






4. 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






5. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






6. 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 - knowledg






7. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






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






9. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.






10. A formal or informal approach to obtain information from stakeholders by talking to them directly






11. 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






12. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






13. 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






14. Documents how requirements will be analyzed - documented - and managed throughout the project






15. 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






16. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






17. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






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






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






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






21. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.






22. 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.






23. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co






24. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.






25. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.






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






27. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






28. Factors that will limit the project management team's options (e.g. - a predefined budget)






29. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.






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






31. 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






32. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






33. 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






34. 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






35. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






36. Technologies or methods to transfer information among project stakeholders.






37. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






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






39. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






40. 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






41. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope






42. 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






43. 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






44. Modifications to the cost estimation prepared for the project






45. Generally used when considerations like technical approach and technical skills are paramount in source selection






46. 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






47. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity






48. Terms used when the source selection decision will be based on price






49. 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.






50. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.