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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. Methods used to distribute information to team members and other stakeholders.
Information Distribution Methods
Project Communications Management
Resource Calendar
Status Review Meetings
2. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Bid / quotation
Report Performance
Revised Cost Estimates
3. 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
Risk Categories
Constraints
Staffing Pool Description
Project Procurement Management
4. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Additional Risk Response Planning
Project Files
Triggers
Procurement Management Plan
5. Technique to evaluate the degree to which data about risks is useful for risk management.
Contingency - Buffer - Reserve
Conduct Procurements
Performance Reviews
Data Precision Ranking
6. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.
Change Requests
Define Activities
Constraints
Configuration Management System
7. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Organization Breakdown Structure
Project Charter
Control Scope
Stakeholder Analysis
8. Quantities to be performed for each specific category - and can be used to estimate activity durations
Avoidance
Scope Management Plan
Quantitatively based durations
Estimate Activity Durations
9. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Pareto Diagram/ Chart
Control Costs
Procurement Statements of Work (SOW)
Direct costs
10. 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
Project Communications Management
Data Precision Ranking
Product description
Project Plan
11. Subdivision of project deliverables into smaller - more manageable components
Matrix Organization
Decomposition
Simulation
Parametric Estimating
12. Any modification to the contents of the project plan or the supporting details.
Schedule Baseline
Project Scope
Project Communications Management
Project Plan Updates
13. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac
Project Selection Methods
Make-or-buy analysis
Responsibility Assignment Matrix (RAM)
Project Communications 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.
Schedule updates
Identify Stakeholders
Communications Technology
Develop Human Resource Plan
15. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Activity List
Technical performance measurement
Perform Quantitative Risk Analysis
Project Communications Management
16. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Buyer-Seller relationship
Sub Network / Fragment Network
Develop Schedule
Mathematical Analysis
17. A table that links requirements to their origin and traces them throughout the project life cycle
Project Portfolio Management
Requirements Traceability Matrix
Risk Audits
Rework
18. 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.
Quality Improvement
Cost Performance Baseline
Risk Database
Project Quality Management
19. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Design of Experiments (DOE)
Determine Budget
Plan Communications
Project Quality Management
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.
Attribute Sampling vs. Variables Sampling
Statistical Sampling
Change Requests
Work Results
21. Factors that will limit the project management team's options (e.g. - a predefined budget)
Free Float
Project Team Directory
Project Management Information Systems (PMIS)
Constraints
22. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Phase Exits/ Stage Gates/ Kill Points
Administer procurements
Budget Updates
Human Resource Practices
23. The process of determining project stakeholders' information needs and defining a communication approach.
Project Quality Management
Stakeholder Analysis
Plan Communications
Team Building Activities
24. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Avoidance
Project Planning Methodology
Plan Communications
Product Analysis
25. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte
Crashing
Life Cycle Costing
Lessons Learned
Decision Tree
26. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Project Schedule
Work Authorization System
Staffing Requirements
Project Files
27. Collection of generally sequential project phases.
Residual Risks
Project Life Cycle
Develop Schedule
Analogous Estimating (top-down)
28. 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
Design of Experiments (DOE)
Functional Organization
Team Development
Report Performance
29. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co
Stakeholder register
Configuration Management System
Earned Value Analysis
Schedule Baseline
30. 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
Project Selection Methods
Quality Assurance
Cost-reimbursable contracts
Risk probability
31. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Buyer-Seller relationship
Prototypes
Corrective Action
Benchmarking
32. 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.
Quality
Risk Audits
Quality Assurance
Schedule Compression
33. 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.
Configuration Management System
Re-baselining
Control Costs
Group Creativity Techniques
34. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the
Inspection
Work Results
Fast Tracking
Schedule Compression
35. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Procurement file
Root Cause Analysis
Simulation
Collocation
36. Any modification to the agreed upon project scope as defined by the approved WBS
Project Quality Management
External Feedback
Workaround plans
Scope Changes
37. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Organization Breakdown Structure
Project Procurement Management
Templates
Acquire Project Team
38. A requirement imposed by a governmental body and its compliance is mandatory.
Mitigation
Control Charts
Critical Path Methodology (CPM)
Regulation
39. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Contract
Work Results
Sub Network / Fragment Network
Change Requests
40. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Workaround plans
Earned Value Analysis
Project Management Information Systems (PMIS)
Re-baselining
41. Factors that limit a buyer's options. E.g. - funds availability
Project Human Resource Management
Forecasting
Communications Technology
Constraints
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
Scope Management Plan
Resource Calendar
Decision Tree
Quality Improvement
43. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.
Make-or-buy analysis
Cost Management Plan
Assumptions
Design of Experiments (DOE)
44. Describes how risk management will be structured and performed on the project.
Risk Management Plan
Transference
Trend Analysis
Collect Requirements
45. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Analogous Estimating (top-down)
Project Assumption Testing
Team Development
Documentation Reviews
46. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Secondary Risks
Observations
Project Portfolio Management
Risk Audits
47. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Scope Change Control System
Estimate Activity Resources
Plan Risk Responses
48. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Identify Stakeholders
Tolerances vs. Control limits
Lag
Requirements Traceability Matrix
49. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Differences between Operations and Project
Prioritized list of quantified risks
Bid / quotation
Project Selection Methods
50. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Contingency - Buffer - Reserve
Program Evaluation and Review Technique (PERT)
Procurement negotiations
Precedence Relationships