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Subjects : certifications, capm
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. The work that must be done to deliver a product with the specified features and functions






2. Methods used to distribute information to team members and other stakeholders.






3. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






4. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






5. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.






6. 1. Performed by people; 2. Constrained by limited resources; 3. Planned - excuted - monitored - and controlled; 4. Ultimate goal is to achieve organizational objectives or stratregic plans






7. 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






8. Describes how risk management will be structured and performed on the project.






9. 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.






10. Process of formalizing acceptance of the completed project deliverables






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






12. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






13. Lists or files maintained with information on prospective sellers. These lists will generally have information on relevant past experience and other characteristics of the prospective sellers






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






15. Any modification to the contents of the project plan or the supporting details.






16. 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.






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






18. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






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






20. 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.






21. 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.






22. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.






23. 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






24. 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 -






25. 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






26. A modification of a logical relationship that directs a delay in the successor activity.






27. 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.






28. Outcome of activities performed to accomplish the project.






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.






30. Considers the characteristics of those prospective staff who are available to join the project team.






31. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






32. 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






33. 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






34. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






35. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.






36. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.






37. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






38. Used to rate or score seller proposals






39. Involves setting a fixed total price for a defined product or service to be provided.






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.






41. 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






42. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.






43. Changing the project management plan to eliminate the threat entirely.






44. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






45. 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






46. Documents the characteristics of the product - result - or service which the project is undertaken to create.






47. Project team must measure itself periodically against the expectations of those outside the project.






48. 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.






49. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec






50. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.







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