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. Documents how requirements will be analyzed - documented - and managed throughout the project






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






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






4. 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.






5. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.






6. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






7. Used to solicit proposals from prospective sellers






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






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






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






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






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






15. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con






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






17. 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






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






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






20. 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






21. 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






22. 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






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. 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






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






26. A formal or informal approach to obtain information from stakeholders by talking to them directly






27. 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






28. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.






29. 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






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






31. 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.






32. 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






33. Probability that a risk will occur.






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






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






36. 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.






37. 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






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






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






40. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.






41. Documents the characteristics of the product - result - or service which the project is undertaken to create.






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






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






44. Factors that limit a buyer's options. E.g. - funds availability






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






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






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






48. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






49. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






50. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.







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