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CAPM
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certifications
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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 amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Assumptions
Free Float
Data precision
Program
2. Process of developing a detailed description of the project and product
Expert Judgment
Define Scope
Stakeholder register
Risk
3. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Procurement file
Control Account
Control Costs
Organization Breakdown Structure
4. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si
Project Quality Management
Matrix Organization
Expert Judgment
Project Plan Updates
5. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Contract
Focus groups
Source Selection Criteria
Matrix Organization
6. 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.
Source Selection Criteria
Attribute Sampling vs. Variables Sampling
Benchmarking
Contract Change Control System
7. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Project Selection Methods
Project Management Information Systems (PMIS)
Phase Exits/ Stage Gates/ Kill Points
Sub Network / Fragment Network
8. Used to rate or score seller proposals
Proposal
Source Selection Criteria
Quality Metrics
Project Quality Management
9. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Scope Management Plan
Estimate Activity Resources
Project Schedule Network Diagrams
Plan Procurements
10. 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
Procurement Management Plan
Identify Stakeholders
Project Selection Methods
Checklists
11. Collection of generally sequential project phases.
Functional Organization
Project Life Cycle
Coding Structure
Documentation Reviews
12. 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
Risk Audits
Prototypes
Contingency - Buffer - Reserve
Manage Stakeholder
13. 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
Initiation
Technical performance measurement
Project Life Cycle
Bottom-up Estimating
14. 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
Estimate Activity Durations
Expert Judgment
Stakeholder Analysis
Critical Path Method
15. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Corrective Action
Resource Leveling
Configuration Management System
Probability and impact matrix
16. 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
Contingency - Buffer - Reserve
Human Resource Practices
Team Development
Administer procurements
17. Changing the project management plan to eliminate the threat entirely.
Transference
Project Procurement Management
Contingency - Buffer - Reserve
Avoidance
18. Subdivision of project deliverables into smaller - more manageable components
Tolerances vs. Control limits
Initiation
Assumptions Analysis
Decomposition
19. 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
Administer procurements
Initiation
Procurement resources
Human Resource Practices
20. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Training
Direct costs
Budget Updates
21. The policies - guidelines - or procedures that govern the recruitment of staff.
Time and Material (T&M) Contracts
Total Float
Recruitment Practices
Collect Requirements
22. Special category of revised cost estimates to an approved cost baseline.
Focus groups
Prevention vs. Inspections
Product description
Differences between Operations and Project
23. Structured review of the project plans and assumptions - prior project files - contracts - and other information.
Risk
Team Building Activities
Documentation Reviews
Risk Database
24. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Performance Reviews
Project Portfolio Management
Transference
Program Evaluation and Review Technique (PERT)
25. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Distribute Information
Staffing Pool Description
Plan Risk Responses
Process Adjustments
26. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Project Files
Coding Structure
Corrective Action
Contingency - Buffer - Reserve
27. 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.
Sequence Activities
Collocation
Contingency - Buffer - Reserve
Data precision
28. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Human Resource Practices
Communication Requirements Analysis
Project Files
Project Schedule Network Diagrams
29. Process of defining and documenting stakeholders' needs to meet the project objectives
Collect Requirements
Plan Risk Responses
Estimate Costs
Similarities between Operations and Projects
30. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Project Closeout
Conditional Diagramming Methods
To-Complete Performance Index (TCPI)
Fast Tracking
31. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Project Planning Methodology
Project Risk Management
Focus groups
Training
32. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Perform Qualitative Risk Analysis
Contract
Perform Quality Control
Communications Technology
33. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Scope Statement
Re-baselining
Requirements Documentation
Sub Network / Fragment Network
34. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Work Results
Avoidance
Differences between Operations and Project
To-Complete Performance Index (TCPI)
35. Processes and procedures developed for the closing or canceling of projects.
Inspection
Project Team Directory
Project Human Resource Management
Lag
36. Modifications to the cost estimation prepared for the project
Perform Quality Control
Similarities between Operations and Projects
Prototypes
Project Scope
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
Sensitivity Analysis
Fast Tracking
Analogous Estimating (top-down)
Distribute Information
38. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Technical performance measurement
Risk Consequences
System or Process
Prioritized list of quantified risks
39. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Resource Calendar
Plan Quality
Change Control System
40. Factors that limit a buyer's options. E.g. - funds availability
Expert Judgment
Constraints
Procurement audits
Plan Risk Responses
41. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Subproject
Deliverable
Team Development
Technical performance measurement
42. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.
Project Cost Management
Interviews
Differences between Operations and Project
Earned Value Analysis
43. 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.
Conduct Procurements
Project Quality Management
Regulation
Report Performance
44. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Code of Accounts
Revised Cost Estimates
Resource Pool Descriptions
Group Decision Making Techniques
45. 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.
Inspection
Quality Management Plan
Probability and impact matrix
Stakeholder Analysis
46. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Constraints
Procurement negotiations
Bottom-up Estimating
Forecasting
47. 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
Staffing Requirements
Group Decision Making Techniques
Project Procurement Management
Fast Tracking
48. 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.
Cost Performance Baseline
Project Records
Statistical Sampling
Schedule Compression
49. 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
Project Risk Management
Critical Path Methodology (CPM)
Triggers
Project Team Directory
50. Involves developing a better understanding of the product of the project
Activity List
Resource Leveling
Product Analysis
Project Portfolio Management
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