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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 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
Resource Calendar
Project Schedule
Residual Risks
Perform Quantitative Risk Analysis
2. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
Acquire Project Team
Cost Management Plan
Determine Budget
Documentation Reviews
3. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
To-Complete Performance Index (TCPI)
Configuration Management System
Inspection
Estimate to Complete (ETC)
4. A management control point where the resource plans - scope - schedule and actual cost are integrated and compared to earned value for performance measurement.
Quality
Project Procurement Management
Source Selection Criteria
Control Account
5. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Checklists
Corrective Action
Risk Register
Identify Risks
6. 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.
Responsibility Assignment Matrix (RAM)
Quality
Schedule Baseline
Work Results
7. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Project Charter
Matrix Organization
Plan Risk Responses
Estimate Activity Resources
8. Changing the project management plan to eliminate the threat entirely.
Critical Path Methodology (CPM)
Avoidance
Collect Requirements
Scope Change Control System
9. Process of identifying the specific actions to be performed to produce the project deliverables.
Define Activities
Organization Breakdown Structure
Initiation
Process Adjustments
10. Includes all those activities designed to enhance the competencies of the project team members. Training can be formal or informal.
Direct costs
Mathematical Analysis
Free Float
Training
11. A structure that relates the project organizational breakdown structure to the work breakdown structure to help ensure that each component of the project's scope of work is assigned to a person or team. It illustrates the connections between work pac
Schedule Compression
Responsibility Assignment Matrix (RAM)
Project Management Information Systems (PMIS)
Team Development
12. 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.
Subproject
Program
Work Results
Distribute Information
13. Determining which risks may affect the project and documenting their characteristics.
Group Creativity Techniques
Project Life Cycle
Project Plan Updates
Identify Risks
14. 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
Project Plan
Secondary Risks
Probability and impact matrix
15. The total amount of time that a schedule activity may be delayed from its early start without delaying the project finish date - or violating a schedule constraint. Calculated using the critical path method technique and determining the difference be
Quality
Constraints
Avoidance
Total Float
16. The policies - guidelines - or procedures that govern the recruitment of staff.
Checklists
Code of Accounts
Schedule Baseline
Recruitment Practices
17. Factors which - for planning purposes - are considered to be true - real or certain.
Assumptions
Bid / quotation
Initiation
Templates
18. 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
Similarities between Operations and Projects
Sensitivity Analysis
Configuration Management System
Quantitatively based durations
19. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Benchmarking
Group Decision Making Techniques
Initiation
20. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Focus groups
Control Charts
Project Quality Management
Project Management
21. 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
Projectized Organization
Parametric Estimating
Identify Risks
Plan Communications
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.
Sequence Activities
Administer procurements
Quality Management Plan
Attribute Sampling vs. Variables Sampling
23. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Perform Qualitative Risk Analysis
Fast Tracking
Performance Reviews
Simulation
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
Resource Leveling
Proposal
Cost Performance Baseline
Project Files
25. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Manage Stakeholder
Bottom-up Estimating
Brainstorming
Project Cost Management
26. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Cost Performance Baseline
Lead
Precedence Relationships
Make-or-buy analysis
27. Defines the process by which the procurement can be modified. It includes paperwork - tracking systems - dispute resolution procedures - and approval levels necessary for authorizing changes.
Fast Tracking
Matrix Organization
Bidder Conferences
Contract Change Control System
28. 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
Interviews
Procurement file
Performance Reviews
29. Process of numerically analyzing the effect of identified risks on overall project objectives.
Perform Quantitative Risk Analysis
Constraints
Plan Communications
Buyer-Seller relationship
30. Approved modifications to the project schedule that are used to manage the project
Schedule Baseline
Schedule updates
Project Cost Management
Pareto Diagram/ Chart
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.
Corrective Action
Qualified seller lists
Change Control System
Acceptance
32. Any numbering system used to uniquely identify each component of the work breakdown structure.
Project Schedule Network Diagrams
Similarities between Operations and Projects
Quality Policy
Mitigation
33. Modifications to the cost estimation prepared for the project
Revised Cost Estimates
Root Cause Analysis
Identify Risks
Schedule Baseline
34. Process of defining and documenting stakeholders' needs to meet the project objectives
Project Life Cycle
Plan Procurements
Collect Requirements
Risk Management Plan
35. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.
Inspection
Quantitatively based durations
Administer procurements
Earned Value Analysis
36. 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
Estimate at Completion (EAC)
Data Precision Ranking
Bottom-up Estimating
Scope Changes
37. Processes and procedures developed for the closing or canceling of projects.
Project Files
Project Closeout
Constraints
Risk Categories
38. Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Scope Change Control System
Independent estimates
Inspection
Control Scope
39. 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
Brainstorming
Project Stakeholders
Quality Management Plan
Analogous Estimating / Top-down
40. 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.
Analogous Estimating (top-down)
Human Resource Practices
Independent estimates
Cost 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.
Subproject
Schedule Compression
Risk Categories
Bottom-up Estimating
42. 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.
Assumptions
Total Float
Bidder Conferences
Project Human Resource Management
43. Probability that a risk will occur.
Communication Requirements Analysis
Make-or-buy analysis
Project Integration Management
Risk probability
44. A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier to provide further details on what types of risk are meant to be mitigated.
Fast Tracking
Source Selection Criteria
Develop Schedule
Contingency - Buffer - Reserve
45. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Prototypes
Risk management policies
Product Analysis
Differences between Operations and Project
46. 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
Scope Change Control System
Stakeholder register
Mandatory Dependencies (or Hard Logic)
Bid / quotation
47. 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
Project Scope
Triggers
Precedence Relationships
Coding Structure
48. Used to solicit proposals from prospective sellers
Procurement Documents
Estimate at Completion (EAC)
Risk
Schedule updates
49. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Close procurements
Control Account
Free Float
Project Risk Management
50. 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
Performance Reviews
Team Development
Perform Qualitative Risk Analysis