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Test your basic knowledge |
CAPM
Start Test
Study First
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. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Mitigation
Team Building Activities
Code of Accounts
Product Scope
2. 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.
Plan Risk Responses
Project Risk Management
Residual Risks
Prioritized list of quantified risks
3. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Assumptions
Performance Reports
Project Procurement Management
Fast Tracking
4. 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
Flowcharts
Bid / quotation
Fixed- price contracts
Schedule Baseline
5. The process of determining project stakeholders' information needs and defining a communication approach.
Tolerances vs. Control limits
Requirements Documentation
Plan Communications
Estimate Activity Durations
6. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Lag
Work Breakdown Structure (WBS)
Project Assumption Testing
Project Communications Management
7. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Group Decision Making Techniques
Checklists
Quality Assurance
Report Performance
8. The policies - guidelines - or procedures that govern the recruitment of staff.
Communication Requirements Analysis
Cost Performance Baseline
Recruitment Practices
Change Control System
9. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac
Identify Stakeholders
Responsibility Assignment Matrix (RAM)
Re-baselining
Project Cost Management
10. Process of obtaining seller responses - selecting a seller - and awarding a contract
Graphical Evaluation and Review Technique (GERT)
Cost Management Plan
Conduct Procurements
Risk probability
11. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Resource Calendar
Acquire Project Team
System or Process
Project Management
12. Helps to determine which risks have the most potential impact on the project. Examines the extent to which the uncertainty of each project element affects the objective being examined when all the other uncertain elements are held at their baseline v
Sensitivity Analysis
Project Planning Methodology
Risk
Recruitment Practices
13. Involves setting a fixed total price for a defined product or service to be provided.
Control Charts
Free Float
Fixed- price contracts
Acquire Project Team
14. Process of identifying the specific actions to be performed to produce the project deliverables.
Manage Stakeholder
Define Activities
Project Life Cycle
Verify Scope
15. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Attribute Sampling vs. Variables Sampling
Program
Critical Path Method
Technical performance measurement
16. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Critical Path Methodology (CPM)
Resource Pool Descriptions
Performance Reviews
Project Quality Management
17. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Project Management Information Systems (PMIS)
Project Scope Management
Collocation
Mandatory Dependencies (or Hard Logic)
18. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Decision Tree
Organizational Policies
Requirements Documentation
Bid / quotation
19. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Direct costs
Develop Human Resource Plan
Perform Qualitative Risk Analysis
20. 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.
Acceptance
Bid / quotation
Mathematical Analysis
Project Portfolio Management
21. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Documentation Reviews
Make-or-buy analysis
Identify Stakeholders
Estimate to Complete (ETC)
22. Collection of generally sequential project phases.
Project
Communications management plan
Project Life Cycle
Time and Material (T&M) Contracts
23. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Sensitivity Analysis
Schedule Compression
Project Selection Methods
Monitor and Control Risks
24. Charts that are used to show positions and relationships in a graphical format.
Organization Chart
Mathematical Analysis
Project Plan Updates
Report Performance
25. 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.
Sequence Activities
External Dependencies
Monitor and Control Risks
Workaround plans
26. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Formal acceptance and closure
Indirect costs / Overhead costs
Report Performance
Deliverable
27. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Transference
Control Costs
Project Quality Management
Plan Communications
28. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Procurement Management Plan
Plan Communications
Staffing Requirements
Direct costs
29. Probability that a risk will occur.
Risk probability
Monitor and Control Risks
Focus groups
Analogous Estimating / Top-down
30. Effect on project objectives if the risk event occurs.
Risk Consequences
Information Distribution Methods
Proposals
Estimate Activity Resources
31. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Organizational Policies
Deliverable
Inspection
Checklists
32. 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
Perform Quality Control
Design of Experiments (DOE)
Lessons Learned
Additional Risk Response Planning
33. 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.
Determine Budget
Contingency - Buffer - Reserve
Project Files
Triggers
34. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.
Schedule Compression
Project Management
Grade
Risk Categories
35. 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.
Buyer-Seller relationship
Corrective Action
Procurement audits
Assumptions
36. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Corrective Action
Control Account
Plan Procurements
Activity List
37. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Functional Organization
Human Resource Practices
Plan Procurements
Prototypes
38. Terms used when the source selection decision will be based on price
Additional Risk Response Planning
Bid / quotation
Corrective Action
Contract Change Control System
39. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Brainstorming
Proposals
Responsibility Assignment Matrix (RAM)
Process Adjustments
40. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Total Float
Facilitated Workshops
Control Schedule
Regulation
41. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.
Additional Risk Response Planning
Technical performance measurement
Team Development
Documentation Reviews
42. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the
Fast Tracking
Project Planning Methodology
Schedule updates
Free Float
43. 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
Constraints
Plan Procurements
Procurement resources
Technical performance measurement
44. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Control Scope
Resource Leveling
Templates
Project Communications Management
45. Factors which - for planning purposes - are considered to be true - real or certain.
Distribute Information
Assumptions
Work Results
Constraints
46. 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.
Project
Risk Consequences
Project Quality Management
Acceptance
47. Process of defining and documenting stakeholders' needs to meet the project objectives
Determine Budget
Collect Requirements
Statistical Sampling
Acquire Project Team
48. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Prevention vs. Inspections
Procurement negotiations
Product Scope
Corrective Action
49. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Re-baselining
Constraints
Plan Quality
Similarities between Operations and Projects
50. 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
Bottom-up Estimating
Quality Improvement
Source Selection Criteria
Similarities between Operations and Projects