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. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






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






3. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.






4. 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






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






6. Modifications to the cost estimation prepared for the project






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






8. 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






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






10. Modifications to the cost estimation prepared for the project






11. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.






12. A modification of a logical relationship that directs a delay in the successor activity.






13. 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.






14. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






15. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






16. 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






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






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






19. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.






20. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit






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






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






23. 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.






24. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






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






26. It can include correspondence - memos - meeting minutes - and documents describing the project.






27. 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.






28. 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.






29. Any numbering system used to uniquely identify each component of the work breakdown structure.






30. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.






31. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






32. 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.






33. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje






34. 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






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






36. 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






37. 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






38. 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






39. 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.






40. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






41. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






42. Changing the project management plan to eliminate the threat entirely.






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






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






45. 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






46. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform






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






48. Records of previous project results that can be used to identify risks.






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






50. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.