SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. Allows for probabilistic treatment of both network logic and activity duration estimates
Estimate Activity Resources
Transference
Graphical Evaluation and Review Technique (GERT)
Quality Management Plan
2. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Project Risk Management
Bidder Conferences
Project Charter
Conditional Diagramming Methods
3. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Plan Risk Management
Corrective Action
Forecasting
Critical Path Method
4. Processes and procedures developed for the closing or canceling of projects.
Total Float
Distribute Information
Inspection
Triggers
5. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Subproject
Phase Exits/ Stage Gates/ Kill Points
Responsibility Assignment Matrix (RAM)
Probability and impact matrix
6. 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
Prioritized list of quantified risks
Project Schedule Network Diagrams
Probability and impact matrix
To-Complete Performance Index (TCPI)
7. 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
Technical performance measurement
Conduct Procurements
Checklists
Bid / quotation
8. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Determine Budget
Identify Stakeholders
Re-baselining
Workaround plans
9. Generally used when considerations like technical approach and technical skills are paramount in source selection
Assumptions
Procurement negotiations
Project Files
Proposal
10. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Requirements Documentation
Risk
Data precision
Project Files
11. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Project Communications Management
Technical performance measurement
Expert Judgment
Monitor and Control Risks
12. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Bidder Conferences
Schedule Compression
Inspection
Scope Management Plan
13. Features or services that characterize a product - result - or service
Lessons Learned
Functional Organization
Facilitated Workshops
Product Scope
14. 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.
Free Float
Perform Quality Control
Identify Stakeholders
Phase Exits/ Stage Gates/ Kill Points
15. 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
Project Scope
Plan Risk Responses
Project Communications Management
Procurement resources
16. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Mathematical Analysis
Monitor and Control Risks
Lead
Mitigation
17. 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
Product Analysis
Configuration Management System
Design of Experiments (DOE)
Project Human Resource Management
18. 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
Parametric Estimating
Team Development
Plan Procurements
Sequence Activities
19. 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
Secondary Risks
Free Float
Differences between Operations and Project
Project Communications Management
20. Documents how requirements will be analyzed - documented - and managed throughout the project
Quality Assurance
Resource Pool Descriptions
Control Account
Requirements Management Plan
21. 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.
Bidder Conferences
Schedule Baseline
Risk
Cost Performance Baseline
22. Process of redefining the cost performance/schedule/performance measurement/technical baseline. If cost variances are severe - re-baselining is needed to provide a realistic measure of performance.
Quality Assurance
Tolerances vs. Control limits
Contract Change Control System
Re-baselining
23. Determining which risks may affect the project and documenting their characteristics.
Identify Risks
Configuration Management System
Activity List
Checklists
24. Risks that arise as a direct result of implementing a risk response.
Recruitment Practices
Secondary Risks
Code of Accounts
Project Management Information Systems (PMIS)
25. Factors that will limit the project management team's options (e.g. - a predefined budget)
Constraints
Prioritized list of quantified risks
Subproject
Differences between Operations and Project
26. 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
Scope baseline
Procurement performance reviews
Expert Judgment
Project Integration Management
27. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Performance Reviews
Data Precision Ranking
Control Scope
Attribute Sampling vs. Variables Sampling
28. 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
Project Records
Project Management
Work Authorization System
Brainstorming
29. 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.
Functional Organization
Project Communications Management
Constraints
Probability and impact matrix
30. 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
Direct costs
Coding Structure
Constraints
Total Float
31. 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.
System or Process
Direct costs
Control Costs
Acceptance
32. 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
Checklists
Plan Procurements
Assumptions Analysis
Project Management Information Systems (PMIS)
33. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Data Precision Ranking
Time and Material (T&M) Contracts
Mitigation
Change Control System
34. Probability that a risk will occur.
Total Float
Scope Change Control System
Control Schedule
Risk probability
35. 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
Critical Path Method
Perform Qualitative Risk Analysis
Lag
Bottom-up Estimating
36. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.
Proposals
Project Plan
Responsibility Assignment Matrix (RAM)
Project Procurement Management
37. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Procurement audits
Close procurements
Assumptions
Control Account
38. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Constraints
Program Evaluation and Review Technique (PERT)
Estimate Costs
Root Cause Analysis
39. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Project Stakeholders
Avoidance
Estimate Activity Resources
Procurement Statements of Work (SOW)
40. Used to solicit proposals from prospective sellers
Product description
Procurement Documents
Tolerances vs. Control limits
Revised Cost Estimates
41. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Recruitment Practices
Documentation Reviews
Similarities between Operations and Projects
Project Cost Management
42. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.
Plan Risk Responses
Communications management plan
Determine Budget
Organizational Policies
43. Factors which - for planning purposes - are considered to be true - real or certain.
Program Evaluation and Review Technique (PERT)
Assumptions
Quantitatively based durations
Free Float
44. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Estimate to Complete (ETC)
Estimate Costs
Information Distribution Methods
Develop Human Resource Plan
45. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Contract
Forecasting
Project Files
Inspection
46. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Estimate to Complete (ETC)
Project Procurement Management
Human Resource Practices
Program Evaluation and Review Technique (PERT)
47. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Procurement negotiations
Requirements Documentation
Quality Improvement
Bottom-up Estimating
48. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o
Decomposition
Conduct Procurements
Coding Structure
Analogous Estimating / Top-down
49. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Estimate to Complete (ETC)
Project Selection Methods
Time and Material (T&M) Contracts
Acquire Project Team
50. 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
Constraints
Project Time Management
Phase Exits/ Stage Gates/ Kill Points
Close procurements