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CAPM
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Subjects
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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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. The work that must be done to deliver a product with the specified features and functions
Project Charter
Re-baselining
Project Scope
Project Management
2. Methods used to distribute information to team members and other stakeholders.
Information Distribution Methods
Program
Acceptance
Project Schedule Network Diagrams
3. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Project Cost Management
Inspection
Source Selection Criteria
Determine Budget
4. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Project Planning Methodology
Estimate to Complete (ETC)
Re-baselining
Control Schedule
5. 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.
Make-or-buy analysis
Communications Technology
Product description
Checklists
6. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans
Similarities between Operations and Projects
Report Performance
Performance Reports
Project Procurement Management
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
Estimate to Complete (ETC)
Group Decision Making Techniques
Critical Path Methodology (CPM)
Performance Reviews
8. Describes how risk management will be structured and performed on the project.
Brainstorming
Risk Management Plan
Procurement Statements of Work (SOW)
Inspection
9. 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.
To-Complete Performance Index (TCPI)
Similarities between Operations and Projects
Checklists
Risk Audits
10. Process of formalizing acceptance of the completed project deliverables
Project Team Directory
Project Communications Management
Statistical Sampling
Verify Scope
11. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Fast Tracking
Staffing Pool Description
Fast Tracking
Mandatory Dependencies (or Hard Logic)
12. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Product Analysis
Checklists
Scope Change Control System
Decision Tree
13. 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
Qualified seller lists
Buyer-Seller relationship
Identify Stakeholders
Human Resource Practices
14. Approved modifications to the project schedule that are used to manage the project
Change Requests
Probabilistic Analysis of the project
Cost-reimbursable contracts
Schedule updates
15. Any modification to the contents of the project plan or the supporting details.
Risk
Project Plan Updates
Identify Stakeholders
Team Building Activities
16. 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.
Contingency - Buffer - Reserve
Identify Stakeholders
Product Description
Status Review Meetings
17. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Proposals
Bid / quotation
Project Selection Methods
Tolerances vs. Control limits
18. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Technical performance measurement
Lag
Schedule Baseline
Re-baselining
19. 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
Mandatory Dependencies (or Hard Logic)
Monitor and Control Risks
Stakeholder Analysis
Project Planning Methodology
20. 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.
Contract Change Control System
Re-baselining
System or Process
Acceptance
21. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.
Code of Accounts
Projectized Organization
Program Evaluation and Review Technique (PERT)
Project Communications Management
22. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Group Decision Making Techniques
Project Management
Indirect costs / Overhead costs
Corrective Action
23. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe
Mathematical Analysis
Resource Calendar
Conditional Diagramming Methods
Expert Judgment
24. 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 -
Project Procurement Management
System or Process
Focus groups
Expert Judgment
25. A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower - more detailed pieces of work. These estimates are then aggregated into a to
Product Description
Matrix Organization
Control Schedule
Bottom-up Estimating
26. A modification of a logical relationship that directs a delay in the successor activity.
Quality Assurance
Requirements Traceability Matrix
Data precision
Lag
27. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.
Project Plan
Pareto Diagram/ Chart
Prevention vs. Inspections
Change Control System
28. Outcome of activities performed to accomplish the project.
Project Communications Management
Fixed- price contracts
Project Plan Updates
Work Results
29. 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.
Project Assumption Testing
Projectized Organization
Sub Network / Fragment Network
Communications management plan
30. Considers the characteristics of those prospective staff who are available to join the project team.
Staffing Pool Description
Stakeholder Analysis
Fixed- price contracts
Quality Metrics
31. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Status Review Meetings
Group Decision Making Techniques
Contract Change Control System
Rework
32. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana
Corrective Action
Total Float
Project Records
Project Communications Management
33. 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
Communication Requirements Analysis
Flowcharts
Quality Metrics
Project Risk Management
34. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Free Float
Matrix Organization
Resource Calendar
Manage Stakeholder
35. 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.
Cost Performance Baseline
Project Integration Management
Control Account
Independent estimates
36. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Project Procurement Management
Statistical Sampling
Re-baselining
Technical performance measurement
37. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Scope Changes
Project Portfolio Management
Residual Risks
Perform Qualitative Risk Analysis
38. Used to rate or score seller proposals
Corrective Action
Project Cost Management
Source Selection Criteria
Perform Qualitative Risk Analysis
39. Involves setting a fixed total price for a defined product or service to be provided.
System or Process
Assumptions Analysis
Distribute Information
Fixed- price contracts
40. 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.
Differences between Operations and Project
Lessons Learned
Estimate to Complete (ETC)
Assumptions
41. 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
Checklists
Sub Network / Fragment Network
Acquire Project Team
Staffing Pool Description
42. 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.
Project Life Cycle
Checklists
Schedule Compression
Scope Change Control System
43. Changing the project management plan to eliminate the threat entirely.
Avoidance
Differences between Operations and Project
Control Charts
Matrix Organization
44. 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
Project Team Directory
Project
Simulation
Subproject
45. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve
Contract
Product description
Cost Performance Baseline
Risk Database
46. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Graphical Evaluation and Review Technique (GERT)
Product Description
Formal acceptance and closure
Perform Quality Control
47. Project team must measure itself periodically against the expectations of those outside the project.
Change Requests
Project Files
External Feedback
Assumptions Analysis
48. 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
Time and Material (T&M) Contracts
Responsibility Assignment Matrix (RAM)
Simulation
49. 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
External Dependencies
Quantitatively based durations
Project Risk Management
Human Resource Practices
50. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Independent estimates
Work Results
Decision Tree
Plan Procurements
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