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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. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Project Assumption Testing
Develop Schedule
External Dependencies
Risk Database
2. 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
Procurement Documents
Contingency - Buffer - Reserve
Parametric Estimating
Risk Categories
3. 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.
Indirect costs / Overhead costs
Corrective Action
Constraints
Project Human Resource Management
4. An applicable restriction that will affect the performance of the project/process.
Activity List
Assumptions
Constraints
Interviews
5. Describes the need - justification - requirements - and current boundaries for the project.
Scope baseline
Quality Management Plan
To-Complete Performance Index (TCPI)
Staffing Requirements
6. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
Workaround plans
Analogous Estimating (top-down)
Work Results
Project Time Management
7. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Risk Register
Prevention vs. Inspections
Quality Assurance
Risk
8. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte
Critical Path Methodology (CPM)
Formal acceptance and closure
Project Scope Management
Crashing
9. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Product description
Statistical Sampling
Procurement Documents
Lag
10. 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.
Quality Management Plan
Budget Updates
Change Control System
Requirements Documentation
11. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Estimate Activity Durations
Project Planning Methodology
Quality Metrics
Perform Quantitative Risk Analysis
12. 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
Project Communications Management
Assumptions
Prevention vs. Inspections
13. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Close procurements
Constraints
Determine Budget
Perform Quantitative Risk Analysis
14. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.
Recruitment Practices
Determine Budget
Change Requests
Revised Cost Estimates
15. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Risk
Matrix Organization
Close procurements
Subproject
16. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.
Triggers
Project Quality Management
Collocation
Facilitated Workshops
17. Factors that - for planning purposes - will be considered true - real or certain.
Change Control System
Attribute Sampling vs. Variables Sampling
Assumptions
Life Cycle Costing
18. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.
Project Management Information Systems (PMIS)
Organizational Policies
Quality Management Plan
Qualified seller lists
19. It compares cost performance over time - schedule activities or work packages overrunning and under running the budget - and estimated funds needed to complete work in progress.
Expert Judgment
Subproject
Scope Change Control System
Quality Improvement
20. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Procurement file
Acquire Project Team
Parametric Estimating
Checklists
21. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Risk Consequences
Re-baselining
Project Procurement Management
Inspection
22. 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
Pareto Diagram/ Chart
Define Scope
Schedule Baseline
Similarities between Operations and Projects
23. Collection of generally sequential project phases.
Project Life Cycle
Decomposition
Project Time Management
Fast Tracking
24. 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
Cost Performance Baseline
Stakeholder Analysis
Staffing Requirements
Project Files
25. 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
Graphical Evaluation and Review Technique (GERT)
Resource Pool Descriptions
Sensitivity Analysis
Flowcharts
26. It can include correspondence - memos - meeting minutes - and documents describing the project.
Administer procurements
Quality Metrics
Residual Risks
Project Records
27. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Project Life Cycle
Independent estimates
Simulation
Earned Value Analysis
28. Process of obtaining seller responses - selecting a seller - and awarding a contract
Functional Organization
Group Decision Making Techniques
Conduct Procurements
Human Resource Practices
29. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Procurement audits
Report Performance
Assumptions Analysis
30. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Revised Cost Estimates
Control Costs
Bid / quotation
Project Life Cycle
31. 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.
Risk Categories
Acceptance
Re-baselining
Project Management Information Systems (PMIS)
32. Allows for probabilistic treatment of both network logic and activity duration estimates
Schedule updates
Group Creativity Techniques
Bottom-up Estimating
Graphical Evaluation and Review Technique (GERT)
33. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope
Monitor and Control Risks
Scope Management Plan
Flowcharts
Earned Value Analysis
34. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Residual Risks
Risk management policies
Transference
Risk probability
35. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Product Description
Indirect costs / Overhead costs
Sensitivity Analysis
Acquire Project Team
36. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Resource Pool Descriptions
Procurement resources
Templates
Mandatory Dependencies (or Hard Logic)
37. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Project Portfolio Management
Manage Stakeholder
Stakeholder register
Focus groups
38. Process of defining and documenting stakeholders' needs to meet the project objectives
Collocation
Interviews
Direct costs
Collect Requirements
39. 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
Control Charts
Cost-reimbursable contracts
Project Risk Management
Fast Tracking
40. This compares technical accomplishments during project execution with the project management plan's schedule of technical achievement.
Differences between Operations and Project
Prioritized list of quantified risks
Technical performance measurement
Information Distribution Methods
41. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Risk Register
Probabilistic Analysis of the project
Control Scope
Quality Improvement
42. Records of previous project results that can be used to identify risks.
Project Selection Methods
Project Portfolio Management
Procurement Management Plan
Project Files
43. 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
Conditional Diagramming Methods
Graphical Evaluation and Review Technique (GERT)
Bid / quotation
Product description
44. 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
Checklists
Scope Changes
Bottom-up Estimating
Estimate at Completion (EAC)
45. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Direct costs
Plan Risk Management
Project Files
Deliverable
46. Meetings held to assess project status and/or progress.
Project Planning Methodology
Free Float
Identify Stakeholders
Performance Reviews
47. 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.
Sub Network / Fragment Network
Flowcharts
Project Management
Training
48. Quantities to be performed for each specific category - and can be used to estimate activity durations
Project Procurement Management
Procurement Management Plan
Requirements Traceability Matrix
Quantitatively based durations
49. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Risk Categories
Mandatory Dependencies (or Hard Logic)
Project Assumption Testing
Recruitment Practices
50. 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.
Probability and impact matrix
Risk Register
Project Management Information Systems (PMIS)
Estimate at Completion (EAC)