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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. 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
Staffing Requirements
Project Time Management
Brainstorming
Earned Value Analysis
2. Collection of generally sequential project phases.
Risk management policies
Schedule Compression
Project Procurement Management
Project Life Cycle
3. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Determine Budget
Staffing Requirements
Design of Experiments (DOE)
Subproject
4. 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
Risk management policies
Project Stakeholders
Similarities between Operations and Projects
Scope Management Plan
5. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Differences between Operations and Project
Resource Leveling
Contingency - Buffer - Reserve
Decomposition
6. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Verify Scope
Additional Risk Response Planning
Requirements Traceability Matrix
Project Planning Methodology
7. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Administer procurements
Data precision
Project Quality Management
Proposal
8. 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
Contract
Product description
Performance Reviews
Resource Calendar
9. Processes and procedures developed for the closing or canceling of projects.
Inspection
Group Decision Making Techniques
Checklists
Program Evaluation and Review Technique (PERT)
10. 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
Change Control System
Risk Register
Simulation
Secondary Risks
11. Risks that arise as a direct result of implementing a risk response.
Phase Exits/ Stage Gates/ Kill Points
Constraints
Secondary Risks
Project Planning Methodology
12. Process of defining how to conduct risk management activities for a project.
Plan Risk Management
Project Scope
Project Records
Re-baselining
13. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Risk management policies
Monitor and Control Risks
Identify Stakeholders
Project Risk Management
14. 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.
Product Description
Indirect costs / Overhead costs
Code of Accounts
Identify Stakeholders
15. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Procurement file
Staffing Requirements
Project Communications Management
Project Selection Methods
16. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Determine Budget
Expert Judgment
Define Activities
Procurement Management Plan
17. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Quality Audit
Program
Coding Structure
Quality Metrics
18. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Additional Risk Response Planning
Matrix Organization
Assumptions
Project Scope Management
19. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Acquire Project Team
Communication Requirements Analysis
Decomposition
Simulation
20. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Resource Pool Descriptions
Performance Reports
Project Quality Management
Analogous Estimating (top-down)
21. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Procurement Documents
Risk
Estimate Costs
Work Breakdown Structure (WBS)
22. 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.
Plan Risk Responses
Manage Stakeholder
Administer procurements
Plan Quality
23. 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
Quantitatively based durations
Information Distribution Methods
Similarities between Operations and Projects
Procurement resources
24. Effect on project objectives if the risk event occurs.
Formal acceptance and closure
Project Stakeholders
Pareto Diagram/ Chart
Risk Consequences
25. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Change Control System
Quality Assurance
Coding Structure
Process Adjustments
26. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning
Resource Pool Descriptions
Observations
Information Distribution Methods
Product description
27. 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
Facilitated Workshops
Project Communications Management
Procurement audits
Resource Leveling
28. Meetings held to assess project status and/or progress.
Performance Reviews
Group Decision Making Techniques
Direct costs
Decomposition
29. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Project Files
Configuration Management System
Conduct Procurements
Conditional Diagramming Methods
30. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Procurement Management Plan
Projectized Organization
Team Building Activities
Control Account
31. A requirement imposed by a governmental body and its compliance is mandatory.
Organization Chart
Regulation
Similarities between Operations and Projects
Project Quality Management
32. 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
Checklists
Cost Management Plan
Project Quality Management
Project Risk Management
33. 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.
Performance Reviews
Assumptions Analysis
Process Adjustments
Information Distribution Methods
34. Any modification to the agreed upon project scope as defined by the approved WBS
Estimate Costs
Scope Changes
Administer procurements
Sensitivity Analysis
35. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Mitigation
Budget Updates
Change Control System
Group Decision Making Techniques
36. Describes the need - justification - requirements - and current boundaries for the project.
Perform Quality Control
Forecasting
Resource Calendar
Scope baseline
37. 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
Project Risk Management
External Dependencies
Scope Management Plan
38. 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.
Risk Audits
Scope Management Plan
Decision Tree
Revised Cost Estimates
39. 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.
Scope Change Control System
Prioritized list of quantified risks
Forecasting
Procurement negotiations
40. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Develop Human Resource Plan
Plan Procurements
Program Evaluation and Review Technique (PERT)
Parametric Estimating
41. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Estimate to Complete (ETC)
Quality Policy
Project Procurement Management
Project Communications Management
42. 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
Prototypes
Inspection
Mitigation
Scope Management Plan
43. Describes how risk management will be structured and performed on the project.
Project Life Cycle
Project Integration Management
Risk Management Plan
Procurement Documents
44. Factors that limit a buyer's options. E.g. - funds availability
Plan Risk Management
Decomposition
Change Control System
Constraints
45. Methods used to distribute information to team members and other stakeholders.
Cost Management Plan
Transference
Phase Exits/ Stage Gates/ Kill Points
Information Distribution Methods
46. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Project Risk Management
Conduct Procurements
Observations
Staffing Pool Description
47. 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
Staffing Pool Description
Critical Path Methodology (CPM)
Constraints
Total Float
48. 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 -
Decomposition
Mandatory Dependencies (or Hard Logic)
System or Process
Group Creativity Techniques
49. 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.
Estimate Activity Durations
Group Creativity Techniques
Cost Management Plan
Probability and impact matrix
50. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Project Scope Management
Corrective Action
Contract
Estimate at Completion (EAC)