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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 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






2. 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






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






4. Approved modifications to the project schedule that are used to manage the project






5. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






6. 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






7. 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.






8. 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.






9. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






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






11. 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.






12. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






13. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






14. Involves immediate corrective or preventive action as a consequence of quality control measurements.






15. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






16. Processes and procedures developed for the closing or canceling of projects.






17. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






18. 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






19. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






20. Processes and procedures developed for the closing or canceling of projects.






21. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology






22. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






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






24. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.






25. 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.






26. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.






27. 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






28. 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.






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






30. 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






31. 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.






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






33. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






34. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






35. 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.






36. 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






37. Probability that a risk will occur.






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






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






40. Charts that are used to show positions and relationships in a graphical format.






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






42. Process of defining how to conduct risk management activities for a project.






43. 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






44. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.






45. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






46. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






47. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






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






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






50. 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.






Can you answer 50 questions in 15 minutes?



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