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 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






2. A table that links requirements to their origin and traces them throughout the project life cycle






3. Any numbering system used to uniquely identify each component of the work breakdown structure.






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






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






6. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.






7. 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






8. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






9. 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.






10. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched






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






12. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






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






14. 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






15. 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.






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






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






18. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.






19. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






20. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






21. 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






22. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






23. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






24. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.






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






26. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






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






28. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization






29. 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






30. Factors that will limit the project management team's options (e.g. - a predefined budget)






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






32. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






33. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the






34. 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






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






36. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






37. A project is a temporary endeavor undertaken to create a unique product - service - or result






38. 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






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






40. 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






41. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.






42. A documented list of project team members - their project roles - and communication information.






43. 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.






44. Any numbering system used to uniquely identify each component of the work breakdown structure.






45. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






46. 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.






47. 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






48. The process of approximating the number of work periods needed to complete individual activities with estimated resources






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






50. Any modification to the contents of the project plan or the supporting details.