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






2. 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.






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






4. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.






5. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






6. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






7. Generally used when considerations like technical approach and technical skills are paramount in source selection






8. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.






9. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.






10. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






11. 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






12. 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






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






14. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






15. Outcome of activities performed to accomplish the project.






16. Process of obtaining seller responses - selecting a seller - and awarding a contract






17. Involves immediate corrective or preventive action as a consequence of quality control measurements.






18. 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 - knowledg






19. 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.






20. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.






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






22. A requirement imposed by a governmental body and its compliance is mandatory.






23. 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






24. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






25. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.






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






27. Factors that will limit the project management team's options (e.g. - a predefined budget)






28. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






29. 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






30. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






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






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






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






34. 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.






35. Probability that a risk will occur.






36. 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.






37. 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






38. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






39. Used to solicit proposals from prospective sellers






40. 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






41. 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.






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






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






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






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






46. 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






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






48. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.






49. 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






50. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si







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