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






2. Calculates the theoretical early start and finish dates - and late start and finish dates - for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.






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






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






5. Process of identifying the specific actions to be performed to produce the project deliverables.






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






7. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






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






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






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






11. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.






12. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication - working relationships - and productivity.






13. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






14. Outcome of activities performed to accomplish the project.






15. Special category of revised cost estimates to an approved cost baseline.






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






17. 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.






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






19. 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






20. Methods used to distribute information to team members and other stakeholders.






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






22. Involves immediate corrective or preventive action as a consequence of quality control measurements.






23. Includes the processes that organize - manage - and lead the project team.






24. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: · Open-ended - i.e. - full value of the agreement and the exact quantity of items to be delivered may not be define






25. Quantities to be performed for each specific category - and can be used to estimate activity durations






26. 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.






27. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






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






29. 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






30. A table that links requirements to their origin and traces them throughout the project life cycle






31. 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






32. Meetings held to assess project status and/or progress.






33. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






34. 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






35. Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.






36. Describes how individual requirements meet the business need for the project.






37. Terms used when the source selection decision will be based on price






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






39. 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






40. Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.






41. 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.






42. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.






43. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con






44. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






45. 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






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






47. 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






48. 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.






49. 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






50. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.