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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 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.
Probability and impact matrix
Quality Assurance
Expert Judgment
Inspection
2. Approved modifications to the project schedule that are used to manage the project
Design of Experiments (DOE)
Mandatory Dependencies (or Hard Logic)
Schedule updates
Project Scope Management
3. Effect on project objectives if the risk event occurs.
Risk Consequences
Bidder Conferences
Performance Reports
Define Activities
4. An applicable restriction that will affect the performance of the project/process.
Documentation Reviews
Administer procurements
Constraints
Product Analysis
5. Probability that a risk will occur.
Risk probability
Scope Statement
Lead
Develop Human Resource Plan
6. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Project Quality Management
Expert Judgment
Proposals
Project Procurement Management
7. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Schedule Baseline
Attribute Sampling vs. Variables Sampling
Proposals
Scope Statement
8. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Brainstorming
Bottom-up Estimating
Training
Direct costs
9. 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
Training
Change Requests
Procurement Statements of Work (SOW)
Checklists
10. 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
Plan Risk Responses
Trend Analysis
Team Development
Performance Reviews
11. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Triggers
Inspection
Proposal
Work Results
12. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Corrective Action
Quality
Resource Leveling
Graphical Evaluation and Review Technique (GERT)
13. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Trend Analysis
Buyer-Seller relationship
Brainstorming
Analogous Estimating (top-down)
14. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Program Evaluation and Review Technique (PERT)
Projectized Organization
Mandatory Dependencies (or Hard Logic)
Plan Quality
15. 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.
Sequence Activities
Assumptions
Attribute Sampling vs. Variables Sampling
Contingency - Buffer - Reserve
16. Considers the characteristics of those prospective staff who are available to join the project team.
Project Scope
Project Management
Staffing Pool Description
Scope Management Plan
17. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Group Decision Making Techniques
Determine Budget
Technical performance measurement
Project Cost Management
18. 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
Quality Assurance
Identify Risks
Work Results
Inspection
19. 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
Parametric Estimating
Project Management
Attribute Sampling vs. Variables Sampling
Quality Improvement
20. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Quality
Probabilistic Analysis of the project
Qualified seller lists
21. Process of defining how to conduct risk management activities for a project.
Plan Risk Management
Time and Material (T&M) Contracts
Product Description
Requirements Management Plan
22. 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.
Quality
Risk probability
Product description
Proposal
23. 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
Budget Updates
Communication Requirements Analysis
Independent estimates
Grade
24. 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
Project Time Management
Perform Qualitative Risk Analysis
Fast Tracking
Phase Exits/ Stage Gates/ Kill Points
25. Factors that will limit the project management team's options (e.g. - a predefined budget)
Team Development
Deliverable
Constraints
Sequence Activities
26. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Administer procurements
Contingency - Buffer - Reserve
Identify Risks
Facilitated Workshops
27. 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.
Identify Stakeholders
Benchmarking
System or Process
Contract Change Control System
28. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance
Requirements Documentation
Documentation Reviews
Team Building Activities
Schedule Baseline
29. 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.
Qualified seller lists
Constraints
Assumptions Analysis
Sub Network / Fragment Network
30. Includes the processes that organize - manage - and lead the project team.
Projectized Organization
Project Human Resource Management
Functional Organization
Simulation
31. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Prevention vs. Inspections
Earned Value Analysis
Attribute Sampling vs. Variables Sampling
Risk Register
32. Special category of revised cost estimates to an approved cost baseline.
Requirements Documentation
Sequence Activities
Interviews
Prevention vs. Inspections
33. 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
Program Evaluation and Review Technique (PERT)
Lessons Learned
Functional Organization
Design of Experiments (DOE)
34. 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
Contract Change Control System
Performance Reviews
Observations
Responsibility Assignment Matrix (RAM)
35. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Secondary Risks
Corrective Action
Initiation
Work Results
36. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Fixed- price contracts
Indirect costs / Overhead costs
Organization Chart
Project Files
37. 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
Recruitment Practices
Simulation
Risk management policies
Project Risk Management
38. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Data Precision Ranking
Design of Experiments (DOE)
Control Scope
Group Creativity Techniques
39. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Bottom-up Estimating
Work Authorization System
Workaround plans
Plan Procurements
40. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.
Differences between Operations and Project
Project Schedule
Re-baselining
Perform Quantitative Risk Analysis
41. 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
Team Building Activities
Flowcharts
Constraints
Perform Qualitative Risk Analysis
42. It compares cost performance over time - schedule activities or work packages overrunning and under running the budget - and estimated funds needed to complete work in progress.
Performance Reviews
Plan Risk Management
Expert Judgment
Perform Quantitative Risk Analysis
43. Charts that are used to show positions and relationships in a graphical format.
Product Analysis
Project Risk Management
Organization Chart
Risk Categories
44. Records of previous project results that can be used to identify risks.
Constraints
Project Files
Residual Risks
Project Assumption Testing
45. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Project Integration Management
Manage Stakeholder
Design of Experiments (DOE)
Simulation
46. Risks that arise as a direct result of implementing a risk response.
Facilitated Workshops
Secondary Risks
Functional Organization
Collocation
47. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Assumptions Analysis
Corrective Action
Similarities between Operations and Projects
Facilitated Workshops
48. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Stakeholder register
Graphical Evaluation and Review Technique (GERT)
Team Development
Estimate Activity Resources
49. The process of determining project stakeholders' information needs and defining a communication approach.
Prototypes
Checklists
Plan Communications
Administer procurements
50. Describes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements - defining the scope - verifying the scope and controlling the scope o
Project Scope Management
Project Cost Management
Estimate at Completion (EAC)
Training