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. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






2. Describes the processes required to ensure timely and appropriate generation - collection - dissemination and ultimate disposition of project information. It includes identifying stakeholders - planning communication - distributing information - mana






3. 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






4. Checklists are structured tools - usually component specific - used to verify that a set of required steps has been performed and to ensure consistency in frequently performed tasks. These can be developed based on historical information and knowledg






5. Repository that provides for collection - maintenance - and analysis of data gathered and used in the risk management process. Use of this database assists risk management throughout the organization and - over time - forms the basis of a risk lesson






6. Any modification to the contents of the project plan or the supporting details.






7. 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






8. Factors that will limit the project management team's options (e.g. - a predefined budget)






9. 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.






10. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






11. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






12. Describes how risk management will be structured and performed on the project.






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






14. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.






15. Any modification to the agreed upon project scope as defined by the approved WBS






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






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






18. Process of formalizing acceptance of the completed project deliverables






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






20. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






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






22. Process of defining how to conduct risk management activities for a project.






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






24. 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.






25. Modifications to the cost estimation prepared for the project






26. Quantities to be performed for each specific category - and can be used to estimate activity durations






27. 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






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






29. 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






30. Modifications to the cost estimation prepared for the project






31. A general management technique used to determine whether a particular work can be accomplished by the project team or must be purchased from outside sources.






32. 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






33. 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






34. Seller is a subcontractor - vendor - or supplier - who will typically manage the work of the project. Buyer is the customer who has outsourced work to the seller.






35. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






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






37. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.






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






39. 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






40. 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.






41. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






42. 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.






43. 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






44. Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.






45. Describes the processes required to ensure that the project is completed within the approved budget. It includes estimating the cost - determining the budget - and controlling the costs.






46. 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.






47. A calendar of working days and non- working days that determines those dates on which each specific resource is ideal or can be active; typically defines the resource specific holidays and resource availability periods; the calendars that specify whe






48. 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.






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






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