SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. A structured review of the seller's progress to deliver project scope and quality - within cost and on schedule - as compared to the contract.
Risk Register
External Dependencies
Stakeholder register
Procurement performance reviews
2. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Risk Audits
Scope baseline
Inspection
Risk Register
3. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Projectized Organization
Resource Leveling
System or Process
Plan Procurements
4. 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.
Risk Audits
Benchmarking
Sub Network / Fragment Network
Procurement file
5. 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 Management Information Systems (PMIS)
Indirect costs / Overhead costs
Mandatory Dependencies (or Hard Logic)
Analogous Estimating (top-down)
6. Process of formally authorizing a new project or the next phase of an existing project; links the project to the ongoing work of the performing organization
Constraints
Initiation
Earned Value Analysis
Collocation
7. Requests to expand or reduce project scope - modify policies/ processes/plans/procedures/costs and - if approved - can affect budgets or revise schedules. These change requests are processed through the Perform Integrated Change Control process.
Coding Structure
Residual Risks
Distribute Information
Change Requests
8. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Team Development
Schedule Compression
Constraints
Residual Risks
9. Describes the need - justification - requirements - and current boundaries for the project.
Similarities between Operations and Projects
Scope baseline
Project Procurement Management
Assumptions Analysis
10. Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
Decision Tree
Identify Risks
Indirect costs / Overhead costs
To-Complete Performance Index (TCPI)
11. 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
Re-baselining
Project Charter
Cost Performance Baseline
Attribute Sampling vs. Variables Sampling
12. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Inspection
Project Risk Management
Scope Management Plan
Risk
13. 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)
Report Performance
Forecasting
Procurement audits
14. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Performance Reports
Project Management
Project Human Resource Management
Avoidance
15. Quantities to be performed for each specific category - and can be used to estimate activity durations
Quantitatively based durations
Sensitivity Analysis
Procurement Statements of Work (SOW)
Product Scope
16. A documented list of project team members - their project roles - and communication information.
Quality
Project Team Directory
Bidder Conferences
Project Procurement Management
17. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Resource Pool Descriptions
Brainstorming
Project Scope
Bid / quotation
18. Expectations The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Project manager applies appropriate interpersonal skills to manage stakeholder expectations - for example - by building t
Project Planning Methodology
Cost-reimbursable contracts
Manage Stakeholder
Procurement file
19. Terms used when the source selection decision will be based on price
Close procurements
Data precision
Performance Reports
Bid / quotation
20. 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.
Make-or-buy analysis
Organization Chart
Risk Categories
Constraints
21. Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work - plus a fee representing seller profit
Team Development
Project Time Management
Cost-reimbursable contracts
Re-baselining
22. 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.
Contract Change Control System
Risk management policies
Risk Register
Life Cycle Costing
23. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Lag
Data precision
Project Communications Management
Product description
24. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Resource Pool Descriptions
Project Portfolio Management
Quality Audit
Interviews
25. A project is a temporary endeavor undertaken to create a unique product - service - or result
Project
Fixed- price contracts
Revised Cost Estimates
Tolerances vs. Control limits
26. Approved modifications to the project schedule that are used to manage the project
Critical Path Methodology (CPM)
Cost Management Plan
Schedule updates
Requirements Traceability Matrix
27. Technique to evaluate the degree to which data about risks is useful for risk management.
Fast Tracking
Data Precision Ranking
Verify Scope
Project Quality Management
28. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Bottom-up Estimating
Design of Experiments (DOE)
Control Schedule
Administer procurements
29. Any numbering system used to uniquely identify each component of the work breakdown structure.
Schedule updates
Control Scope
System or Process
Code of Accounts
30. Document that formally authorizes a project. Provides project manager with the authority to apply organizational resources to project activities.
Pareto Diagram/ Chart
Project Charter
Inspection
External Dependencies
31. Description of the product of the project - provides important information about any technical issues or concerns that would need to be considered during procurement planning
Flowcharts
Project Risk Management
Product description
Organization Breakdown Structure
32. Describes how individual requirements meet the business need for the project.
Probabilistic Analysis of the project
Project Procurement Management
Quality Metrics
Requirements Documentation
33. Any numbering system used to uniquely identify each component of the work breakdown structure.
Procurement negotiations
Procurement file
Quality Policy
Focus groups
34. 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.
Similarities between Operations and Projects
Project Planning Methodology
Assumptions Analysis
Product Description
35. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.
Templates
Acquire Project Team
Project Scope Management
Collocation
36. Action taken to bring a defective or nonconforming item into compliance with requirements or specifications. It is a frequent cause of project overruns in most application areas.
Buyer-Seller relationship
Project Risk Management
Project Cost Management
Rework
37. 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.
Independent estimates
Perform Qualitative Risk Analysis
Conditional Diagramming Methods
Procurement Management Plan
38. A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
Team Building Activities
Fast Tracking
Identify Stakeholders
Sequence Activities
39. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Quality Audit
Identify Risks
Staffing Requirements
Budget Updates
40. Collection of generally sequential project phases.
Project Life Cycle
Sub Network / Fragment Network
Team Development
Statistical Sampling
41. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Estimate Costs
Procurement resources
Risk Audits
Human Resource Practices
42. 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
Estimate Activity Durations
Risk Audits
Quality Improvement
Checklists
43. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Product Scope
Scope Management Plan
Organization Breakdown Structure
Project Scope
44. 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.
Risk Categories
Transference
Procurement performance reviews
Probability and impact matrix
45. Process of implementing risk response plans - tracking identified risks - monitoring residual risks - identifying new risks - and evaluating risk process effectiveness throughout the project.
Regulation
Re-baselining
Monitor and Control Risks
Quality Assurance
46. 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
Project Schedule Network Diagrams
Project Scope Management
Acquire Project Team
Probability and impact matrix
47. 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
Direct costs
Responsibility Assignment Matrix (RAM)
Design of Experiments (DOE)
Stakeholder register
48. Used to rate or score seller proposals
Facilitated Workshops
Source Selection Criteria
Fast Tracking
Assumptions
49. Used to generate - classify - and prioritize product requirements. Some methods used to reach group decisions are: unanimity - majority - plurality - and dictatorship.
Project Human Resource Management
Project
Product Description
Group Decision Making Techniques
50. Process of formalizing acceptance of the completed project deliverables
Project Records
Lag
Identify Risks
Verify Scope