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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. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Rework
Program
Assumptions Analysis
Scope Statement
2. Process of developing a detailed description of the project and product
Project Quality Management
Estimate to Complete (ETC)
Define Scope
Deliverable
3. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Contract
Change Requests
Manage Stakeholder
Grade
4. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Plan Procurements
Scope Change Control System
Resource Pool Descriptions
Statistical Sampling
5. Describes the processes required to acquire goods and services from outside the project team. It includes planning procurements - conducting procurements - administering procurements - and closing procurements.
Project Procurement Management
Configuration Management System
Work Authorization System
Estimate to Complete (ETC)
6. Charts that are used to show positions and relationships in a graphical format.
Organization Chart
Staffing Requirements
Facilitated Workshops
Project Schedule Network Diagrams
7. Factors that - for planning purposes - will be considered true - real or certain.
Functional Organization
Assumptions
Schedule Baseline
Project Files
8. Features or services that characterize a product - result - or service
Estimate Activity Durations
Workaround plans
Human Resource Practices
Product Scope
9. Terms used when the source selection decision will be based on price
Bid / quotation
Grade
Develop Schedule
Prioritized list of quantified risks
10. Documents how requirements will be analyzed - documented - and managed throughout the project
Subproject
Cost-reimbursable contracts
Parametric Estimating
Requirements Management Plan
11. Involves setting a fixed total price for a defined product or service to be provided.
Fixed- price contracts
Estimate Activity Durations
Risk management policies
Similarities between Operations and Projects
12. 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.
Proposal
Code of Accounts
Risk Register
Program Evaluation and Review Technique (PERT)
13. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Sequence Activities
Tolerances vs. Control limits
Project Communications Management
Scope Change Control System
14. A formal or informal approach to obtain information from stakeholders by talking to them directly
Earned Value Analysis
Quantitatively based durations
Interviews
Life Cycle Costing
15. 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.
Schedule Baseline
Develop Human Resource Plan
Plan Risk Responses
Benchmarking
16. 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
Estimate Activity Resources
Responsibility Assignment Matrix (RAM)
Control Charts
Project Management
17. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Scope Changes
Project Procurement Management
Expert Judgment
Resource Pool Descriptions
18. Effect on project objectives if the risk event occurs.
Risk Consequences
Similarities between Operations and Projects
Project Files
Perform Quantitative Risk Analysis
19. 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
Stakeholder Analysis
Procurement Statements of Work (SOW)
Lead
Information Distribution Methods
20. 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.
Contract
Program Evaluation and Review Technique (PERT)
Project Time Management
Buyer-Seller relationship
21. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
To-Complete Performance Index (TCPI)
Constraints
Observations
Critical Path Methodology (CPM)
22. 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
To-Complete Performance Index (TCPI)
Project Management Information Systems (PMIS)
Project Schedule
Acceptance
23. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Product Analysis
Fixed- price contracts
Configuration Management System
Procurement Statements of Work (SOW)
24. Changing the project management plan to eliminate the threat entirely.
Avoidance
Project Files
Checklists
Time and Material (T&M) Contracts
25. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r
Statistical Sampling
Project Risk Management
Free Float
Buyer-Seller relationship
26. 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.
Estimate Activity Durations
Additional Risk Response Planning
Plan Risk Management
Total Float
27. 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
Organization Breakdown Structure
Estimate Activity Resources
Checklists
Verify Scope
28. 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.
Transference
Identify Stakeholders
Similarities between Operations and Projects
Project Integration Management
29. 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
Project Portfolio Management
Design of Experiments (DOE)
Project Risk Management
Collect Requirements
30. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Quality Assurance
Activity List
Initiation
Transference
31. Considers the characteristics of those prospective staff who are available to join the project team.
External Feedback
Product Description
Identify Risks
Staffing Pool Description
32. Process of identifying the specific actions to be performed to produce the project deliverables.
Distribute Information
Staffing Pool Description
Staffing Requirements
Define Activities
33. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Crashing
Team Development
Risk Categories
Sequence Activities
34. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Estimate at Completion (EAC)
Organization Chart
Similarities between Operations and Projects
Mandatory Dependencies (or Hard Logic)
35. 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.
Matrix Organization
Performance Reviews
Project Plan
Process Adjustments
36. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Projectized Organization
Data precision
Contingency - Buffer - Reserve
Staffing Pool Description
37. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Work Results
Scope Change Control System
Design of Experiments (DOE)
Project Quality Management
38. Special category of revised cost estimates to an approved cost baseline.
Constraints
Work Results
Prevention vs. Inspections
Identify Risks
39. 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.
Inspection
Acceptance
Bid / quotation
Project Risk Management
40. 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.
Analogous Estimating / Top-down
Attribute Sampling vs. Variables Sampling
Project Cost Management
Probabilistic Analysis of the project
41. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Technical performance measurement
Quality Management Plan
Contingency - Buffer - Reserve
Earned Value Analysis
42. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Risk probability
Project Risk Management
Free Float
Trend Analysis
43. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the
Assumptions
Lag
Project Stakeholders
Scope Management Plan
44. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Report Performance
Lag
Analogous Estimating / Top-down
Risk Audits
45. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Develop Schedule
Distribute Information
Requirements Management Plan
Project Human Resource Management
46. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Decision Tree
Project Human Resource Management
Work Results
Constraints
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.
Statistical Sampling
Prioritized list of quantified risks
Bottom-up Estimating
Probability and impact matrix
48. 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.
Define Activities
Change Requests
Project Planning Methodology
Scope baseline
49. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Project Files
Group Creativity Techniques
Quality Audit
Scope Changes
50. Project team must measure itself periodically against the expectations of those outside the project.
Mandatory Dependencies (or Hard Logic)
External Feedback
Flowcharts
Trend Analysis