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






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






3. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.






4. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






5. 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






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






7. Allows for probabilistic treatment of both network logic and activity duration estimates






8. 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






9. 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






10. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.






11. 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.






12. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






13. 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.






14. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






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






16. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.






17. Factors which - for planning purposes - are considered to be true - real or certain.






18. Risks that arise as a direct result of implementing a risk response.






19. Special category of revised cost estimates to an approved cost baseline.






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






21. 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.






22. 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






23. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t






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






25. 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






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






27. 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






28. Terms used when the source selection decision will be based on price






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






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






31. Quantities to be performed for each specific category - and can be used to estimate activity durations






32. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc






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






34. 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.






35. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.






36. 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






37. 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.






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






39. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.






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






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






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






43. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






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






45. Subdivision of project deliverables into smaller - more manageable components






46. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.






47. 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






48. Outcome of activities performed to accomplish the project.






49. Determining which risks may affect the project and documenting their characteristics.






50. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.