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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 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
Activity List
Plan Communications
Functional Organization
Templates
2. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Brainstorming
External Feedback
Procurement Management Plan
Projectized Organization
3. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Close procurements
Decomposition
Observations
Requirements Management Plan
4. Factors that - for planning purposes - will be considered true - real or certain.
Contract
Projectized Organization
Assumptions
Workaround plans
5. 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.
Project Plan Updates
Cost-reimbursable contracts
Constraints
Resource Leveling
6. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Additional Risk Response Planning
Sensitivity Analysis
Tolerances vs. Control limits
Grade
7. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Process Adjustments
Project Selection Methods
Fast Tracking
8. Process of obtaining seller responses - selecting a seller - and awarding a contract
Acquire Project Team
Procurement audits
Conduct Procurements
Quality Policy
9. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Constraints
Control Costs
Probabilistic Analysis of the project
Estimate at Completion (EAC)
10. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Fast Tracking
Analogous Estimating / Top-down
Process Adjustments
Performance Reviews
11. 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
Fast Tracking
Organization Breakdown Structure
Team Development
Information Distribution Methods
12. 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.
Procurement Management Plan
Work Breakdown Structure (WBS)
Precedence Relationships
Plan Risk Responses
13. Special category of revised cost estimates to an approved cost baseline.
Additional Risk Response Planning
Prevention vs. Inspections
Control Charts
Risk
14. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Rework
Decision Tree
Procurement performance reviews
Corrective Action
15. Generally used when considerations like technical approach and technical skills are paramount in source selection
Checklists
Proposal
Project Stakeholders
Project Management Information Systems (PMIS)
16. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Contract Change Control System
Training
Facilitated Workshops
17. 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
Make-or-buy analysis
Matrix Organization
Assumptions Analysis
Sub Network / Fragment Network
18. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Fast Tracking
Project Procurement Management
Quality Metrics
Organization Chart
19. An authorized time-phased budget at completion (BAC) used to measure - monitor - and control overall cost performance on the project. Developed as a summation of the approved budgets by time period and is typically displayed in the form of an S-curve
Checklists
Procurement Statements of Work (SOW)
Cost Performance Baseline
Bid / quotation
20. Technique to evaluate the degree to which data about risks is useful for risk management.
Make-or-buy analysis
External Feedback
Data Precision Ranking
Risk Register
21. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Procurement audits
Control Scope
Project Cost Management
22. Quantities to be performed for each specific category - and can be used to estimate activity durations
Scope baseline
Lag
Quantitatively based durations
Risk probability
23. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Quality Assurance
Rework
Project Selection Methods
Estimate Activity Resources
24. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Administer procurements
Plan Procurements
Program
Estimate Costs
25. Specify lessons that can be learned from each and every project - even from projects which are failures. They need to be documented. Most companies prefer post-implementation meetings and case studies to document Lessons Learned
Analogous Estimating / Top-down
Training
Lessons Learned
Workaround plans
26. Effect on project objectives if the risk event occurs.
Risk Consequences
Fast Tracking
Control Account
Define Scope
27. Includes the processes that organize - manage - and lead the project team.
Observations
Lessons Learned
Project Human Resource Management
Corrective Action
28. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Project Risk Management
Statistical Sampling
Acceptance
Scope Change Control System
29. 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
Statistical Sampling
Project Schedule
Total Float
Perform Quality Control
30. Any modification to the agreed upon project scope as defined by the approved WBS
Project Management Information Systems (PMIS)
Coding Structure
Similarities between Operations and Projects
Scope Changes
31. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Risk Management Plan
Requirements Management Plan
Source Selection Criteria
Develop Human Resource Plan
32. Used to solicit proposals from prospective sellers
Procurement Documents
Subproject
Cost-reimbursable contracts
Mitigation
33. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Checklists
Organizational Policies
Matrix Organization
Grade
34. Describes how risk management will be structured and performed on the project.
Earned Value Analysis
Quantitatively based durations
Risk Management Plan
Plan Risk Management
35. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
Direct costs
Risk Categories
Re-baselining
Buyer-Seller relationship
36. 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
Performance Reviews
Critical Path Methodology (CPM)
Code of Accounts
Product Analysis
37. 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.
Identify Risks
Regulation
Define Scope
Sequence Activities
38. 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.
Prototypes
Tolerances vs. Control limits
Control Costs
Activity List
39. 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
Data Precision Ranking
Estimate Activity Durations
Contract
40. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Project Life Cycle
Inspection
Scope Statement
Project Communications Management
41. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Program Evaluation and Review Technique (PERT)
Contract
Project Risk Management
Organizational Policies
42. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Perform Qualitative Risk Analysis
Project Team Directory
Manage Stakeholder
Lessons Learned
43. 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.
Estimate Activity Durations
Pareto Diagram/ Chart
Sensitivity Analysis
Prototypes
44. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative
Critical Path Method
Quality Assurance
Plan Risk Management
Brainstorming
45. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Interviews
Templates
Lead
Lag
46. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Simulation
Performance Reviews
Project Schedule Network Diagrams
Program Evaluation and Review Technique (PERT)
47. Determining which risks may affect the project and documenting their characteristics.
Identify Risks
Estimate at Completion (EAC)
Monitor and Control Risks
Risk probability
48. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Corrective Action
Estimate Activity Durations
Project Scope Management
Similarities between Operations and Projects
49. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold
Configuration Management System
Data precision
Stakeholder register
Stakeholder Analysis
50. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Differences between Operations and Project
Control Account
Grade
Project Scope Management