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. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






2. It is used to identify stakeholders that can provide information on detailed project and product requirements. It contains the following information regarding the identified stakeholders: identification information (name - designation - location - co






3. Effect on project objectives if the risk event occurs.






4. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.






5. Technologies or methods to transfer information among project stakeholders.






6. Risk Audits examine and document the effectiveness of risk responses in dealing with identified risks and their root causes - as well as the effectiveness of the risk management process.






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






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






9. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec






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






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






12. 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






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






14. 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.






15. 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.






16. 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.






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






18. 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






19. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






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






21. 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






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






23. 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






24. Risks that arise as a direct result of implementing a risk response.






25. Process of formalizing acceptance of the completed project deliverables






26. 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.






27. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r






28. Technique to evaluate the degree to which data about risks is useful for risk management.






29. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.






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






31. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






32. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.






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






34. Involves developing a better understanding of the product of the project






35. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.






36. Determining which risks may affect the project and documenting their characteristics.






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






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






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






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






41. Documents how requirements will be analyzed - documented - and managed throughout the project






42. 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






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






44. 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






45. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.






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






47. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.






48. 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






49. 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






50. 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