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Test your basic knowledge |
CAPM
Start Test
Study First
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. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Resource Pool Descriptions
Identify Stakeholders
Buyer-Seller relationship
Constraints
2. 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.
Proposal
Expert Judgment
Perform Qualitative Risk Analysis
Performance Reports
3. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.
Additional Risk Response Planning
Risk management policies
Project Selection Methods
Organizational Policies
4. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.
Procurement file
Constraints
Monitor and Control Risks
Critical Path Methodology (CPM)
5. 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
Quality Audit
Close procurements
Bottom-up Estimating
Project Risk Management
6. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Coding Structure
Control Costs
Time and Material (T&M) Contracts
Plan Risk Management
7. Records of previous project results that can be used to identify risks.
Triggers
Project Files
External Dependencies
Additional Risk Response Planning
8. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Decision Tree
Independent estimates
Procurement Management Plan
9. 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
Project Stakeholders
Focus groups
Crashing
Constraints
10. Probability that a risk will occur.
Scope Changes
Performance Reports
Change Control System
Risk probability
11. 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
Scope Change Control System
Expert Judgment
Estimate Activity Durations
Status Review Meetings
12. 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
Control Costs
Cost Performance Baseline
Procurement file
Requirements Traceability Matrix
13. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Coding Structure
Program
Constraints
Lead
14. Describes how individual requirements meet the business need for the project.
Procurement performance reviews
Stakeholder Analysis
Requirements Documentation
External Dependencies
15. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Assumptions
Estimate to Complete (ETC)
Fast Tracking
Inspection
16. Schematic displays of the logical relationships (dependencies) among the project schedule activities; always drawn from left to right to reflect project work chronology
Constraints
Staffing Pool Description
Data precision
Project Schedule Network Diagrams
17. 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.
Project Stakeholders
Sensitivity Analysis
Design of Experiments (DOE)
Project Plan
18. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Technical performance measurement
Expert Judgment
Estimate Activity Durations
Organization Chart
19. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Mitigation
Independent estimates
Conduct Procurements
Scope Statement
20. Process of formalizing acceptance of the completed project deliverables
Project Assumption Testing
Assumptions
Verify Scope
Risk probability
21. Effect on project objectives if the risk event occurs.
Statistical Sampling
Risk Consequences
Plan Communications
Graphical Evaluation and Review Technique (GERT)
22. 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
Responsibility Assignment Matrix (RAM)
Cost-reimbursable contracts
Collect Requirements
Control Charts
23. Provide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical - exte
Tolerances vs. Control limits
Risk Categories
Project Cost Management
Estimate to Complete (ETC)
24. 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.
Schedule updates
Schedule Baseline
Quality Assurance
Estimate at Completion (EAC)
25. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Procurement Statements of Work (SOW)
Inspection
Risk
External Dependencies
26. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Report Performance
Scope Changes
Facilitated Workshops
Staffing Requirements
27. Special category of revised cost estimates to an approved cost baseline.
Project Scope Management
Prevention vs. Inspections
Bidder Conferences
Decomposition
28. An applicable restriction that will affect the performance of the project/process.
Time and Material (T&M) Contracts
Scope Statement
Constraints
Requirements Documentation
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
Project Scope Management
Risk
Collocation
Perform Qualitative Risk Analysis
30. 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
Communications management plan
Status Review Meetings
Team Development
Coding Structure
31. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Flowcharts
Risk Database
Project Schedule Network Diagrams
Project Charter
32. 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
Project Schedule
Procurement Management Plan
Product Scope
Project Procurement Management
33. Describes the need - justification - requirements - and current boundaries for the project.
Earned Value Analysis
Identify Stakeholders
Probability and impact matrix
Scope baseline
34. 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.
Trend Analysis
Schedule Compression
Budget Updates
Proposals
35. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Scope baseline
Work Results
Monitor and Control Risks
Program Evaluation and Review Technique (PERT)
36. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Similarities between Operations and Projects
Estimate to Complete (ETC)
Budget Updates
External Dependencies
37. 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
Work Results
Checklists
Direct costs
Work Authorization System
38. 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
Workaround plans
Critical Path Methodology (CPM)
Probabilistic Analysis of the project
Plan Communications
39. 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
Stakeholder Analysis
Forecasting
To-Complete Performance Index (TCPI)
Human Resource Practices
40. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Phase Exits/ Stage Gates/ Kill Points
Stakeholder register
Project Integration Management
Project Records
41. 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.
Probability and impact matrix
Communications management plan
Life Cycle Costing
Acceptance
42. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
Scope Change Control System
Parametric Estimating
Procurement resources
Project Assumption Testing
43. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Functional Organization
Plan Risk Management
Control Account
Human Resource Practices
44. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Simulation
Revised Cost Estimates
Quality Metrics
Verify Scope
45. Process of obtaining seller responses - selecting a seller - and awarding a contract
Conduct Procurements
Proposal
Schedule Baseline
Requirements Traceability Matrix
46. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Project Risk Management
Formal acceptance and closure
Group Creativity Techniques
Stakeholder Analysis
47. Determining which risks may affect the project and documenting their characteristics.
Activity List
Project Cost Management
Communications Technology
Identify Risks
48. 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
Project Time Management
Control Schedule
External Feedback
Re-baselining
49. 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 -
Project Scope Management
Lessons Learned
Change Requests
System or Process
50. 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.
Quality Improvement
Constraints
Project Quality Management
Life Cycle Costing