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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. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Mandatory Dependencies (or Hard Logic)
Templates
Constraints
Project Quality Management
2. 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
Project Communications Management
Estimate Activity Resources
Revised Cost Estimates
Scope Statement
3. 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
Control Charts
Probabilistic Analysis of the project
Estimate Activity Resources
Decomposition
4. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg
Perform Qualitative Risk Analysis
Performance Reviews
Time and Material (T&M) Contracts
Checklists
5. 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
Prevention vs. Inspections
Resource Pool Descriptions
Risk Database
Quality Improvement
6. Any modification to the contents of the project plan or the supporting details.
Documentation Reviews
Make-or-buy analysis
Project Plan Updates
Code of Accounts
7. 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
Define Scope
Activity List
Parametric Estimating
Work Breakdown Structure (WBS)
8. Factors that will limit the project management team's options (e.g. - a predefined budget)
Product Analysis
Procurement Statements of Work (SOW)
Resource Pool Descriptions
Constraints
9. 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.
Deliverable
Schedule Baseline
Project Assumption Testing
Program
10. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Project Procurement Management
Plan Risk Responses
Requirements Documentation
Free Float
11. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Procurement audits
Quality Management Plan
Project Stakeholders
Work Results
12. Describes how risk management will be structured and performed on the project.
Risk Categories
Risk Management Plan
Corrective Action
Requirements Traceability Matrix
13. Involves setting a fixed total price for a defined product or service to be provided.
Constraints
Fixed- price contracts
Free Float
Manage Stakeholder
14. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Bottom-up Estimating
Prototypes
Human Resource Practices
Budget Updates
15. Any modification to the agreed upon project scope as defined by the approved WBS
Scope Changes
Determine Budget
Communications management plan
Precedence Relationships
16. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Group Decision Making Techniques
Scope Statement
Control Schedule
Constraints
17. Any numbering system used to uniquely identify each component of the work breakdown structure.
Quality Policy
Corrective Action
Critical Path Methodology (CPM)
Risk Management Plan
18. Process of formalizing acceptance of the completed project deliverables
Verify Scope
Risk management policies
Constraints
Data precision
19. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Project Management
Develop Human Resource Plan
Secondary Risks
System or Process
20. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Fixed- price contracts
Estimate Costs
Bottom-up Estimating
Lead
21. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Expert Judgment
Triggers
Schedule Baseline
Status Review Meetings
22. Process of defining how to conduct risk management activities for a project.
Probability and impact matrix
Performance Reviews
Cost-reimbursable contracts
Plan Risk Management
23. A requirement imposed by a governmental body and its compliance is mandatory.
Acquire Project Team
Regulation
Re-baselining
Probabilistic Analysis of the project
24. 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.
Quantitatively based durations
Performance Reviews
Plan Risk Responses
Project Assumption Testing
25. Modifications to the cost estimation prepared for the project
Revised Cost Estimates
Procurement Documents
Group Creativity Techniques
Project Cost Management
26. Quantities to be performed for each specific category - and can be used to estimate activity durations
Re-baselining
Code of Accounts
Procurement negotiations
Quantitatively based durations
27. 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
To-Complete Performance Index (TCPI)
Project Human Resource Management
Secondary Risks
Subproject
28. Risks that arise as a direct result of implementing a risk response.
Estimate Activity Resources
Assumptions Analysis
Inspection
Secondary Risks
29. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Responsibility Assignment Matrix (RAM)
Total Float
Prioritized list of quantified risks
Probability and impact matrix
30. Modifications to the cost estimation prepared for the project
Perform Quality Control
Product description
Recruitment Practices
Facilitated Workshops
31. 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.
Lead
Make-or-buy analysis
Performance Reviews
Determine Budget
32. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co
Project Human Resource Management
Change Control System
Sequence Activities
Stakeholder register
33. 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
Control Scope
Project Cost Management
Administer procurements
Precedence Relationships
34. 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.
Transference
Buyer-Seller relationship
Stakeholder register
Flowcharts
35. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Determine Budget
Data precision
Project Assumption Testing
Indirect costs / Overhead costs
36. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Plan Quality
Avoidance
Fast Tracking
Project Assumption Testing
37. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Expert Judgment
Revised Cost Estimates
Forecasting
Decision Tree
38. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Costs
Fixed- price contracts
Scope Management Plan
Performance Reports
39. The planned dates to perform schedule activities and the planned dates for meeting schedule milestones. Includes planned start and finish dates for the project's activities - milestones - work packages - planning packages - and control accounts. This
Project Schedule
Project Team Directory
Report Performance
Corrective Action
40. 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.
Triggers
Conditional Diagramming Methods
Crashing
Work Authorization System
41. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Plan Communications
Data precision
Program
Develop Human Resource Plan
42. 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.
Quality Management Plan
Triggers
External Dependencies
Performance Reviews
43. 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
Data precision
Work Authorization System
Similarities between Operations and Projects
Sensitivity Analysis
44. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Develop Human Resource Plan
Workaround plans
Functional Organization
Estimate Activity Resources
45. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Estimate at Completion (EAC)
Project Cost Management
External Dependencies
Corrective Action
46. 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.
Similarities between Operations and Projects
Assumptions Analysis
Requirements Management Plan
Buyer-Seller relationship
47. 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
Estimate Activity Resources
Flowcharts
Resource Calendar
Forecasting
48. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Configuration Management System
Quality Metrics
Precedence Relationships
Project Human Resource Management
49. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Expert Judgment
Mathematical Analysis
Plan Communications
Assumptions Analysis
50. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Critical Path Method
Sequence Activities
Focus groups
Lead