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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.
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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. 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






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






3. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o






4. 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.






5. Used to rate or score seller proposals






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. 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.






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






9. Allows for probabilistic treatment of both network logic and activity duration estimates






10. Technique that explores the validity of assumptions basing on which every identified project risk is conceived and developed. It identifies risks to the project from inaccuracy - instability - inconsistency - or incompleteness of assumptions.






11. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






12. 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.






13. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.






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






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






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






17. 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






18. 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






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






20. Collection of generally sequential project phases.






21. 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






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






23. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning






24. 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






25. 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.






26. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






27. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






28. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.






29. Structured review of the project plans and assumptions - prior project files - contracts - and other information.






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






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






32. 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






33. 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.






34. 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.






35. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.






36. It can include correspondence - memos - meeting minutes - and documents describing the project.






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






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






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






40. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






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






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. 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






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






45. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.






46. The work that must be done to deliver a product with the specified features and functions






47. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






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






49. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.






50. 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






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