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. Charts that are used to show positions and relationships in a graphical format.






2. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






3. A -specific version of the schedule model used to compare actual results to the plan to determine if preventive or corrective action is needed to meet the project objectives.






4. 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






5. 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






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






7. 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






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






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






10. 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.






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






12. Formal and informal policies that are required for project plan development. Organizational policies include quality management - personnel administration and financial controls.






13. 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.






14. 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






15. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.






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






17. Any numbering system used to uniquely identify each component of the work breakdown structure.






18. 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.






19. A requirement imposed by a governmental body and its compliance is mandatory.






20. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.






21. Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products - services - or results.






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






23. 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.






24. Costs allocated to the project by the performing organization as a cost of doing business (e.g. - salaries of corporate executives). Usually calculated as a percentage of direct costs.






25. 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






26. 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.






27. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






28. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative






29. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






30. 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.






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






32. Outcome of activities performed to accomplish the project.






33. 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






34. Factors that will limit the project management team's options (e.g. - a predefined budget)






35. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






36. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






37. 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






38. 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.






39. 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.






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






41. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






42. Focused sessions that bring key cross-functional stakeholders together to define product requirements






43. 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






44. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






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






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






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






48. Generally used when considerations like technical approach and technical skills are paramount in source selection






49. An applicable restriction that will affect the performance of the project/process.






50. 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.