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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. It can include correspondence - memos - meeting minutes - and documents describing the project.
Project Time Management
Plan Procurements
Project Records
Qualified seller lists
2. 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.
Estimate at Completion (EAC)
Develop Schedule
Corrective Action
Independent estimates
3. 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
Critical Path Methodology (CPM)
Schedule Compression
Critical Path Method
Constraints
4. Modifications to the cost estimation prepared for the project
Revised Cost Estimates
Scope Changes
Project Cost Management
Project Quality Management
5. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Fast Tracking
Risk Categories
Report Performance
Probabilistic Analysis of the project
6. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Conditional Diagramming Methods
Work Results
Close procurements
Project Communications Management
7. Quantities to be performed for each specific category - and can be used to estimate activity durations
Perform Qualitative Risk Analysis
Quantitatively based durations
Change Control System
Identify Risks
8. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Training
Project Communications Management
Resource Leveling
Project Selection Methods
9. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Estimate to Complete (ETC)
Facilitated Workshops
Technical performance measurement
Staffing Pool Description
10. If the performing organization does not have a formal contracting group - then the project team will have to supply both the resources and expertise to support procurement activities
Procurement resources
Report Performance
Identify Stakeholders
Collect Requirements
11. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Parametric Estimating
Project Plan Updates
Scope baseline
Decision Tree
12. A formal - approved document used to define how the project is executed - controlled and monitored. It can either be at a detailed or high level and may contain one or more subsidiary plans.
Resource Calendar
Control Account
Project Plan
Project
13. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Recruitment Practices
Regulation
Phase Exits/ Stage Gates/ Kill Points
Mathematical Analysis
14. Used to rate or score seller proposals
Data Precision Ranking
Project Scope Management
Source Selection Criteria
Product Scope
15. 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
Regulation
Organization Breakdown Structure
Sequence Activities
Expert Judgment
16. 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 Communications Management
Procurement Documents
Project Plan
Project Management Information Systems (PMIS)
17. Process of obtaining seller responses - selecting a seller - and awarding a contract
Conduct Procurements
Communications management plan
Probabilistic Analysis of the project
System or Process
18. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.
Program Evaluation and Review Technique (PERT)
Free Float
Constraints
Deliverable
19. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Prioritized list of quantified risks
Project Procurement Management
Corrective Action
Sensitivity Analysis
20. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Constraints
Verify Scope
Assumptions
Project Procurement Management
21. Effect on project objectives if the risk event occurs.
Risk Consequences
Matrix Organization
Prevention vs. Inspections
Project Assumption Testing
22. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.
Simulation
Cost Management Plan
Program
Scope Statement
23. 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.
Re-baselining
Quality Management Plan
Project Planning Methodology
Plan Communications
24. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Requirements Management Plan
Status Review Meetings
Assumptions Analysis
Scope Management Plan
25. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Scope Management Plan
Project Planning Methodology
Close procurements
Project Team Directory
26. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Revised Cost Estimates
Coding Structure
Regulation
Procurement Documents
27. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Graphical Evaluation and Review Technique (GERT)
Organizational Policies
Secondary Risks
Scope Statement
28. Considers the characteristics of those prospective staff who are available to join the project team.
Training
Status Review Meetings
Control Scope
Staffing Pool Description
29. Process of defining how to conduct risk management activities for a project.
Project Scope
Trend Analysis
Plan Risk Management
Conditional Diagramming Methods
30. Risks that arise as a direct result of implementing a risk response.
Deliverable
Life Cycle Costing
Secondary Risks
Change Requests
31. Determining which risks may affect the project and documenting their characteristics.
Checklists
Forecasting
Make-or-buy analysis
Identify Risks
32. Describes how individual requirements meet the business need for the project.
Product Scope
Requirements Documentation
Code of Accounts
Project Time Management
33. An applicable restriction that will affect the performance of the project/process.
Constraints
Root Cause Analysis
Bottom-up Estimating
Brainstorming
34. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Grade
Program
Define Scope
Graphical Evaluation and Review Technique (GERT)
35. 1. Operations do not have any timelines. Projects are temporary and have finite time duration. 2. Operation's objective is usually to sustain the business. Project's objective is to achieve the target and close the project.
Control Scope
Brainstorming
Differences between Operations and Project
Work Authorization System
36. Used to identify project and product requirements; some of the techniques used are: Brainstorming - Nominal group technique - The Delphi technique - Idea/mind mapping - and Affinity diagram.
Secondary Risks
Project Schedule Network Diagrams
Group Creativity Techniques
Estimate Activity Durations
37. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Responsibility Assignment Matrix (RAM)
Estimate Activity Durations
Corrective Action
Identify Stakeholders
38. A mathematical technique to forecast future outcomes based on historical results. This is performed using run charts.
Project Procurement Management
Trend Analysis
Administer procurements
Resource Calendar
39. Methods used to distribute information to team members and other stakeholders.
Risk Consequences
Distribute Information
Information Distribution Methods
Project
40. 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
Estimate at Completion (EAC)
Requirements Traceability Matrix
Define Activities
Fast Tracking
41. A technique for estimating that applies a weighted average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.
Program Evaluation and Review Technique (PERT)
Resource Pool Descriptions
Deliverable
Data precision
42. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Inspection
Control Costs
Procurement file
Subproject
43. The process of making relevant information available to project stakeholders in a timely manner - as planned. Performed throughout the entire project life cycle and in all management processes.
Distribute Information
Cost-reimbursable contracts
Resource Leveling
Collect Requirements
44. Includes the processes that organize - manage - and lead the project team.
Project Selection Methods
Re-baselining
Source Selection Criteria
Project Human Resource Management
45. Seeking to shift the consequences of the risk to a third party together with the ownership for the response.
Prototypes
External Feedback
Transference
System or Process
46. 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.
Perform Qualitative Risk Analysis
Inspection
Information Distribution Methods
Collocation
47. Process of numerically analyzing the effect of identified risks on overall project objectives.
Organization Chart
Quality Improvement
Change Requests
Perform Quantitative Risk Analysis
48. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Proposals
Cost-reimbursable contracts
Administer procurements
Quality Assurance
49. They involve measuring value or attractiveness to the project owner. Includes considering the decision criteria and a means to calculate value under uncertainty.
Monitor and Control Risks
Project Selection Methods
Project Human Resource Management
Configuration Management System
50. Process of identifying the specific actions to be performed to produce the project deliverables.
Verify Scope
Decision Tree
Define Activities
Documentation Reviews