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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. Any numbering system used to uniquely identify each component of the work breakdown structure.
Checklists
Code of Accounts
Tolerances vs. Control limits
Time and Material (T&M) Contracts
2. 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.
Acceptance
Identify Stakeholders
Perform Quality Control
Decomposition
3. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Performance Reports
Flowcharts
Corrective Action
Stakeholder register
4. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Quality Audit
Proposal
Organization Breakdown Structure
Lag
5. 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
Benchmarking
Transference
Information Distribution Methods
Statistical Sampling
6. A schedule compression technique in which phases or activities normally performed in sequence are performed in parallel. Fast tracking often results in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the
Team Development
Fast Tracking
Project Portfolio Management
Rework
7. 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
Scope baseline
Control Charts
Procurement resources
Mitigation
8. 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
Qualified seller lists
Mandatory Dependencies (or Hard Logic)
Time and Material (T&M) Contracts
Lessons Learned
9. 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
Regulation
To-Complete Performance Index (TCPI)
Benchmarking
10. 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.
Facilitated Workshops
Life Cycle Costing
Scope baseline
Information Distribution Methods
11. 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.
Organization Breakdown Structure
Control Charts
Sub Network / Fragment Network
Activity List
12. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Re-baselining
Facilitated Workshops
Monitor and Control Risks
Residual Risks
13. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Mathematical Analysis
Earned Value Analysis
Procurement negotiations
14. Quantities to be performed for each specific category - and can be used to estimate activity durations
Initiation
Quantitatively based durations
Analogous Estimating / Top-down
Schedule Baseline
15. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Plan Quality
Procurement Documents
Identify Risks
Tolerances vs. Control limits
16. Subdivision of project deliverables into smaller - more manageable components
Decomposition
Project Plan Updates
Functional Organization
Define Scope
17. 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
Project Risk Management
Indirect costs / Overhead costs
Project Integration Management
Estimate Costs
18. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Checklists
Sequence Activities
Close procurements
Product Description
19. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Graphical Evaluation and Review Technique (GERT)
Risk Register
Project Human Resource Management
Cost Performance Baseline
20. 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
Project Schedule
Project Planning Methodology
System or Process
21. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Resource Leveling
Project Integration Management
Project Risk Management
Precedence Relationships
22. Charts that are used to show positions and relationships in a graphical format.
Lessons Learned
Organization Chart
Code of Accounts
Work Authorization System
23. Involves developing a better understanding of the product of the project
Product Analysis
Status Review Meetings
Project Risk Management
Plan Communications
24. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Fast Tracking
Work Results
Procurement resources
Coding Structure
25. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Quality Metrics
Mathematical Analysis
Identify Stakeholders
Procurement Documents
26. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.
Probabilistic Analysis of the project
Risk Audits
Formal acceptance and closure
Project Cost Management
27. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Critical Path Method
Project Procurement Management
Project Communications Management
Project Human Resource Management
28. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.
Simulation
Work Breakdown Structure (WBS)
Checklists
Schedule Baseline
29. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Corrective Action
Project Quality Management
Cost-reimbursable contracts
Project Quality Management
30. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Risk Categories
Sensitivity Analysis
Project Scope
Resource Pool Descriptions
31. 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.
Sub Network / Fragment Network
Re-baselining
Scope Statement
Project Human Resource Management
32. 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
Plan Communications
Qualified seller lists
Procurement resources
Resource Leveling
33. 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
Contract Change Control System
Close procurements
Constraints
34. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Project Scope
Training
Quality Audit
Sequence Activities
35. 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
Performance Reviews
Bottom-up Estimating
Team Development
Cost Management Plan
36. A formal or informal approach to obtain information from stakeholders by talking to them directly
Revised Cost Estimates
Corrective Action
Interviews
Activity List
37. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co
Tolerances vs. Control limits
Simulation
Product Analysis
Stakeholder register
38. Mutually binding legal agreement that obligates the seller to provide the specified products - services - or results - and obligates the buyer to compensate the seller.
Contract
Statistical Sampling
Initiation
Control Charts
39. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Procurement file
Decomposition
Trend Analysis
Mathematical Analysis
40. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Close procurements
Monitor and Control Risks
Facilitated Workshops
Control Account
41. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.
Procurement Documents
Prevention vs. Inspections
Lead
Observations
42. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Risk management policies
Plan Communications
Organizational Policies
Phase Exits/ Stage Gates/ Kill Points
43. Describes how individual requirements meet the business need for the project.
Requirements Documentation
Team Development
Project Plan Updates
Change Control System
44. 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
To-Complete Performance Index (TCPI)
Pareto Diagram/ Chart
Scope baseline
Total Float
45. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.
Focus groups
Procurement Statements of Work (SOW)
Quality Management Plan
Risk management policies
46. 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.
Data Precision Ranking
Project Management Information Systems (PMIS)
Sub Network / Fragment Network
Product Scope
47. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Scope Change Control System
Estimate Activity Durations
Functional Organization
Attribute Sampling vs. Variables Sampling
48. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Project Quality Management
Estimate Activity Resources
Project Closeout
Close procurements
49. 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
Direct costs
Configuration Management System
Product Scope
Time and Material (T&M) Contracts
50. Describes the need - justification - requirements - and current boundaries for the project.
Formal acceptance and closure
Regulation
Risk Database
Scope baseline