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. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide






2. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.






3. 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






4. 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






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






6. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






7. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






8. 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






9. 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






10. Process of developing a detailed description of the project and product






11. Records of previous project results that can be used to identify risks.






12. Risks that arise as a direct result of implementing a risk response.






13. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






14. 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.






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. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






17. Any modification to the agreed upon project scope as defined by the approved WBS






18. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development






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






20. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






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






22. 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






23. 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






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 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






26. 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






27. 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






28. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






29. 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






30. 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.






31. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.






32. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe






33. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.






34. Factors that - for planning purposes - will be considered true - real or certain.






35. 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






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






37. An estimating technique that uses parameters from a previous - similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed inform






38. Factors which - for planning purposes - are considered to be true - real or certain.






39. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






40. Process of obtaining seller responses - selecting a seller - and awarding a contract






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






42. 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 - knowledg






43. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files






44. Technologies or methods to transfer information among project stakeholders.






45. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






46. A documented list of project team members - their project roles - and communication information.






47. 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.






48. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.






49. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






50. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.