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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. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Monitor and Control Risks
Product Scope
Triggers
Activity List
2. The document that describes the communication needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communica
Indirect costs / Overhead costs
Collocation
Communications management plan
Bottom-up Estimating
3. Effect on project objectives if the risk event occurs.
Risk Consequences
Performance Reports
Total Float
Project Communications Management
4. 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.
Quality
Analogous Estimating / Top-down
Quality Assurance
Data precision
5. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Templates
Budget Updates
Corrective Action
Group Creativity Techniques
6. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
External Dependencies
Secondary Risks
Performance Reports
Cost-reimbursable contracts
7. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project
Control Account
Product description
Pareto Diagram/ Chart
8. Methods used to distribute information to team members and other stakeholders.
Project Plan Updates
Information Distribution Methods
Quantitatively based durations
Project Plan
9. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.
Bidder Conferences
Sub Network / Fragment Network
Technical performance measurement
Project Management Information Systems (PMIS)
10. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Functional Organization
Project Files
Project Management
Mathematical Analysis
11. Considers the characteristics of those prospective staff who are available to join the project team.
Critical Path Methodology (CPM)
Contract
Data precision
Staffing Pool Description
12. Any modification to the agreed upon project scope as defined by the approved WBS
Control Costs
Deliverable
Scope Changes
Re-baselining
13. Any numbering system used to uniquely identify each component of the work breakdown structure.
Risk Register
Data Precision Ranking
Code of Accounts
Control Costs
14. A table that links requirements to their origin and traces them throughout the project life cycle
Project Quality Management
Requirements Traceability Matrix
Projectized Organization
Decision Tree
15. Precedence Diagramming Method (PDM) includes four types of dependencies or relationships between activities: 1. Finish to Start; 2. Finish to Finish; 3. Start to Finish; 4. Start to Start
Quantitatively based durations
Projectized Organization
Plan Communications
Precedence Relationships
16. 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.
Constraints
Collocation
Project Portfolio Management
Corrective Action
17. 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.
Matrix Organization
Proposal
Project Schedule
Schedule Compression
18. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Estimate Costs
Team Building Activities
Close procurements
Estimate Activity Durations
19. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Procurement Statements of Work (SOW)
Human Resource Practices
Work Results
Project Files
20. 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
Documentation Reviews
Quantitatively based durations
Control Charts
Project Scope Management
21. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Rework
Control Account
Data precision
Earned Value Analysis
22. 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.
Estimate Costs
Independent estimates
Fast Tracking
Quality Management Plan
23. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Coding Structure
Assumptions Analysis
Project Assumption Testing
Forecasting
24. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.
Identify Stakeholders
Fast Tracking
Budget Updates
Staffing Requirements
25. Collection of generally sequential project phases.
Constraints
Performance Reviews
Project Life Cycle
Free Float
26. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Procurement negotiations
Quality Assurance
Develop Schedule
Risk Management Plan
27. Records of previous project results that can be used to identify risks.
Phase Exits/ Stage Gates/ Kill Points
Transference
Lead
Project Files
28. 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
Brainstorming
Fast Tracking
Proposals
Group Creativity Techniques
29. For many procurement items - the procuring organization may elect to either prepare its own independent estimate - or have an estimate of costs prepared by an outside professional estimator - to serve as a benchmark on proposed responses.
Project Schedule Network Diagrams
Performance Reports
Focus groups
Independent estimates
30. Documentation resulting from project activities. These files may also maintain records of other projects that are detailed enough to aid in developing cost estimates.
Close procurements
Define Activities
Project Files
Define Scope
31. 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.
Sequence Activities
Performance Reviews
Cost Management Plan
Project Quality Management
32. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Contract Change Control System
Project Planning Methodology
Project Management Information Systems (PMIS)
Human Resource Practices
33. Process of identifying the specific actions to be performed to produce the project deliverables.
Project Stakeholders
Define Activities
Constraints
To-Complete Performance Index (TCPI)
34. A general data gathering and creativity technique that can be used to identify risks - ideas - or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative
Brainstorming
Work Results
Project Scope
Tolerances vs. Control limits
35. Process of defining and documenting stakeholders' needs to meet the project objectives
Analogous Estimating / Top-down
Communications Technology
Collect Requirements
Project Communications Management
36. Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.
External Feedback
Parametric Estimating
Close procurements
Work Breakdown Structure (WBS)
37. Describes the processes required to make the most effective use of the people involved with the project. It includes developing the human resource plan - acquiring the project team - developing the project team - and managing the project team.
Constraints
Configuration Management System
Project Human Resource Management
Technical performance measurement
38. Process of formalizing acceptance of the completed project deliverables
Procurement performance reviews
Verify Scope
Matrix Organization
Product description
39. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Observations
Quality Policy
Simulation
Acquire Project Team
40. Describes the need - justification - requirements - and current boundaries for the project.
Project Team Directory
Verify Scope
Simulation
Scope baseline
41. Processes and procedures developed for the closing or canceling of projects.
Inspection
Procurement Statements of Work (SOW)
Group Decision Making Techniques
External Feedback
42. 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.
Project Portfolio Management
Plan Risk Responses
Deliverable
Similarities between Operations and Projects
43. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Decision Tree
Decomposition
Project Assumption Testing
Indirect costs / Overhead costs
44. Technique to evaluate the degree to which data about risks is useful for risk management.
Data Precision Ranking
Quality Improvement
Simulation
Training
45. It is a tool and technique which is used to determine the information needs of the project stakeholders. This is a key component for planning the project's actual communications. It would assist in determining and limiting who will communicate with w
Communication Requirements Analysis
Plan Communications
To-Complete Performance Index (TCPI)
Probabilistic Analysis of the project
46. A documented list of project team members - their project roles - and communication information.
Project Team Directory
Mathematical Analysis
Performance Reviews
Quality Improvement
47. Defines the procedures by which project scope can be changed; includes paperwork - tracking systems and approval levels necessary for authorizing changes.
To-Complete Performance Index (TCPI)
Projectized Organization
Scope Change Control System
Project Plan Updates
48. 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.
Critical Path Method
Time and Material (T&M) Contracts
Observations
Schedule Baseline
49. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.
Estimate Activity Durations
Control Scope
Coding Structure
Subproject
50. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Control Costs
Project Communications Management
Estimate Costs
Interviews