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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. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Cost-reimbursable contracts
Earned Value Analysis
Project Planning Methodology
Fast Tracking
2. Process of obtaining seller responses - selecting a seller - and awarding a contract
Conduct Procurements
Risk Audits
Risk probability
Statistical Sampling
3. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Additional Risk Response Planning
Procurement Statements of Work (SOW)
Simulation
Fixed- price contracts
4. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica
Estimate Activity Durations
Staffing Requirements
Project Closeout
Communications management plan
5. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Plan Communications
Project Procurement Management
Project Scope
Plan Procurements
6. A table that links requirements to their origin and traces them throughout the project life cycle
Product description
Requirements Traceability Matrix
Differences between Operations and Project
Estimate Costs
7. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Observations
Perform Quality Control
Residual Risks
Earned Value Analysis
8. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.
Quality Policy
Grade
Earned Value Analysis
Estimate at Completion (EAC)
9. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Technical performance measurement
Project Procurement Management
Plan Communications
Project Scope Management
10. 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
Attribute Sampling vs. Variables Sampling
Project Time Management
Brainstorming
Resource Pool Descriptions
11. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Attribute Sampling vs. Variables Sampling
Project Schedule Network Diagrams
Close procurements
Quantitatively based durations
12. 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.
Communications Technology
Project Communications Management
Constraints
Attribute Sampling vs. Variables Sampling
13. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Plan Communications
Bid / quotation
Project Quality Management
Project Charter
14. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Human Resource Practices
Work Breakdown Structure (WBS)
Stakeholder register
Project Files
15. Special category of revised cost estimates to an approved cost baseline.
Process Adjustments
Budget Updates
Prioritized list of quantified risks
Inspection
16. 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
Project Portfolio Management
Root Cause Analysis
Time and Material (T&M) Contracts
Group Creativity Techniques
17. Process of identifying the specific actions to be performed to produce the project deliverables.
Brainstorming
Define Activities
Make-or-buy analysis
Technical performance measurement
18. 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 -
Constraints
Estimate Activity Resources
System or Process
Fixed- price contracts
19. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Scope baseline
Project Life Cycle
Contract Change Control System
Corrective Action
20. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Interviews
Risk Register
Free Float
Initiation
21. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Decision Tree
Proposal
Project Quality Management
Analogous Estimating / Top-down
22. 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
Quality Metrics
Parametric Estimating
Checklists
Work Results
23. The process of determining project stakeholders' information needs and defining a communication approach.
Procurement Documents
Prototypes
Risk probability
Plan Communications
24. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Activity List
Additional Risk Response Planning
Control Costs
Risk Management Plan
25. Used to solicit proposals from prospective sellers
Estimate Costs
Graphical Evaluation and Review Technique (GERT)
Project Procurement Management
Procurement Documents
26. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Distribute Information
Project Stakeholders
Simulation
Develop Schedule
27. 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
Develop Human Resource Plan
Fast Tracking
Status Review Meetings
Project Integration Management
28. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w
Procurement Statements of Work (SOW)
System or Process
Communication Requirements Analysis
Plan Risk Responses
29. Describes how risk management will be structured and performed on the project.
Expert Judgment
Mathematical Analysis
Control Charts
Risk Management Plan
30. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Program Evaluation and Review Technique (PERT)
Coding Structure
Project Cost Management
Project Plan
31. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Product Description
Lead
Define Scope
Risk Audits
32. Processes and procedures developed for the closing or canceling of projects.
Inspection
Facilitated Workshops
Regulation
Source Selection Criteria
33. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Estimate Costs
Workaround plans
Secondary Risks
Risk
34. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Assumptions
Subproject
Scope Changes
Procurement file
35. 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
Project Life Cycle
To-Complete Performance Index (TCPI)
Conduct Procurements
Re-baselining
36. 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.
Organization Chart
Transference
Project Files
Project Plan
37. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Documentation Reviews
Team Building Activities
Cost Management Plan
Procurement Management Plan
38. Modifications to the cost estimation prepared for the project
Organization Chart
Project Portfolio Management
Perform Quality Control
Probability and impact matrix
39. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Training
Procurement Statements of Work (SOW)
Product Description
Quantitatively based durations
40. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.
Free Float
Team Building Activities
Quality
Estimate to Complete (ETC)
41. 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.
Quality Metrics
Distribute Information
Quality Assurance
Administer procurements
42. 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
Corrective Action
Collect Requirements
External Dependencies
Performance Reviews
43. Records of previous project results that can be used to identify risks.
Project Files
Project Schedule Network Diagrams
Budget Updates
Rework
44. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.
Constraints
Risk management policies
Estimate to Complete (ETC)
Phase Exits/ Stage Gates/ Kill Points
45. 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
Control Account
Matrix Organization
Statistical Sampling
Configuration Management System
46. Technique to evaluate the degree to which data about risks is useful for risk management.
Deliverable
Project Scope
Subproject
Data Precision Ranking
47. 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.
Risk Categories
Human Resource Practices
Checklists
Differences between Operations and Project
48. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Residual Risks
Avoidance
Coding Structure
Risk Database
49. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Sub Network / Fragment Network
Control Account
Control Scope
Differences between Operations and Project
50. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Plan Procurements
Change Control System
Similarities between Operations and Projects
Secondary Risks