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






2. 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






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






4. 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






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






6. 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.






7. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






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






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






10. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






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






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






13. 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






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






15. 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.






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






17. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






18. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






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






20. 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






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. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform






23. 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






24. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo






25. Considers the characteristics of those prospective staff who are available to join the project team.






26. Process of formalizing acceptance of the completed project deliverables






27. 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






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






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






30. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






31. 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.






32. Used to solicit proposals from prospective sellers






33. Process of defining and documenting stakeholders' needs to meet the project objectives






34. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






35. 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






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






37. 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.






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






39. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start






40. 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.






41. 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.






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






43. 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.






44. 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






45. 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.






46. 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.






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






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






49. 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.






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