Test your basic knowledge |

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. Approved modifications to the project schedule that are used to manage the project






2. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe






3. Probability that a risk will occur.






4. 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






5. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.






6. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.






7. 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.






8. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






9. Modifications to the cost estimation prepared for the project






10. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson






11. 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.






12. Process of defining how to conduct risk management activities for a project.






13. Used to rate or score seller proposals






14. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






15. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.






16. Special category of revised cost estimates to an approved cost baseline.






17. 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






18. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.






19. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






20. Used to solicit proposals from prospective sellers






21. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






22. 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






23. Charts/ Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education -






24. 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






25. 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.






26. 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






27. 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.






28. Describes how individual requirements meet the business need for the project.






29. Outcome of activities performed to accomplish the project.






30. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.






31. Factors that limit a buyer's options. E.g. - funds availability






32. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.






33. 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.






34. Documents how requirements will be analyzed - documented - and managed throughout the project






35. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.






36. Process of numerically analyzing the effect of identified risks on overall project objectives.






37. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






38. 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






39. 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






40. Subdivision of project deliverables into smaller - more manageable components






41. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.






42. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.






43. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.






44. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.






45. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.






46. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte






47. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






48. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.






49. 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






50. Meetings held to assess project status and/or progress.