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






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






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.






4. Technique to evaluate the degree to which data about risks is useful for risk management.






5. 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.






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






7. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






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






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






10. Any modification to the agreed upon project scope as defined by the approved WBS






11. 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






12. 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






13. 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






14. 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






15. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






16. 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 -






17. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.






18. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






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






20. Factors that - for planning purposes - will be considered true - real or certain.






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






22. Technologies or methods to transfer information among project stakeholders.






23. 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.






24. 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.






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






26. The work that must be done to deliver a product with the specified features and functions






27. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold






28. 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.






29. Methods used to distribute information to team members and other stakeholders.






30. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






31. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans






32. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






33. 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.






34. Focused sessions that bring key cross-functional stakeholders together to define product requirements






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






36. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.






37. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






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






39. Process of numerically analyzing the effect of identified risks on overall project objectives.






40. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






41. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






42. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






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






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






45. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






46. 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






47. An applicable restriction that will affect the performance of the project/process.






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






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






50. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests