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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. 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






2. 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.






3. Changing the project management plan to eliminate the threat entirely.






4. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






5. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w






6. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






7. Charts/ Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education -






8. 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.






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






10. 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






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






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






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






14. Modifications to the cost estimation prepared for the project






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






16. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






17. Process of numerically analyzing the effect of identified risks on overall project objectives.






18. 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.






19. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.






20. Collection of generally sequential project phases.






21. Describes how risk management will be structured and performed on the project.






22. 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






23. 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






24. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






25. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang






26. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.






27. 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.






28. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology






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






30. 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.






31. 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






32. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.






33. Describes how individual requirements meet the business need for the project.






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.






35. 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






36. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews






37. 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






38. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






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






40. Process of identifying the specific actions to be performed to produce the project deliverables.






41. 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.






42. 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






43. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






44. Features or services that characterize a product - result - or service






45. The policies - guidelines - or procedures that govern the recruitment of staff.






46. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






47. List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.






48. It can include correspondence - memos - meeting minutes - and documents describing the project.






49. 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






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







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