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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. Approved modifications to the project schedule that are used to manage the project
Differences between Operations and Project
Requirements Documentation
Critical Path Methodology (CPM)
Schedule updates
2. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Acceptance
Project Risk Management
Control Schedule
Risk Categories
3. 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
Control Scope
Flowcharts
Contract Change Control System
Control Charts
4. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.
External Feedback
Graphical Evaluation and Review Technique (GERT)
Coding Structure
Re-baselining
5. Modifications to the cost estimation prepared for the project
Revised Cost Estimates
Re-baselining
Plan Risk Responses
Constraints
6. Process of obtaining seller responses - selecting a seller - and awarding a contract
Revised Cost Estimates
Conduct Procurements
Quality Policy
Resource Leveling
7. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Quality Audit
Project Risk Management
Quality Policy
Project Closeout
8. Includes the processes that organize - manage - and lead the project team.
Project Schedule
Project Cost Management
Risk Categories
Project Human Resource Management
9. A documented tabulation of schedule activities that shows the activity description - activity identifier - and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Triggers
Activity List
Project Scope Management
Requirements Traceability Matrix
10. 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
Corrective Action
Cost-reimbursable contracts
Checklists
Resource Pool Descriptions
11. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Cost Performance Baseline
Performance Reports
Schedule Compression
Determine Budget
12. Describes how project scope will be managed and how scope changes will be integrated into the project. It should also include an assessment of the expected stability of the project scope
Estimate Costs
Project Risk Management
Scope Management Plan
Product description
13. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.
Project Portfolio Management
Additional Risk Response Planning
Communications Technology
Brainstorming
14. A schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing only works for activities where additional resources will shorte
Independent estimates
Total Float
Decision Tree
Crashing
15. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Status Review Meetings
Plan Risk Responses
Control Costs
Expert Judgment
16. A project is a temporary endeavor undertaken to create a unique product - service - or result
Scope Statement
Project
Life Cycle Costing
Free Float
17. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Project Quality Management
Activity List
Observations
Collocation
18. Organize and summarize the information gathered - and present the results of any analysis as compared to the performance measurement baseline. Reports should provide status and progress of the project at the required level of detail.
Plan Quality
Additional Risk Response Planning
Performance Reports
Project Schedule
19. An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. Root cause may underlie more than one variance or defect or risk. Root cause analysis is done as part of corrective action - Helps ide
Projectized Organization
Simulation
Root Cause Analysis
Project Planning Methodology
20. A group of documented procedure used to apply technical and administrative direction and surveillance to: a) Identify and document the system's functional and physical characteristics; b)Control any changes to such characteristics; c) Record and repo
Acceptance
Configuration Management System
Procurement Documents
Quality Metrics
21. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Stakeholder register
Quality Improvement
Control Account
Project Procurement Management
22. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.
Technical performance measurement
Rework
Staffing Requirements
Bottom-up Estimating
23. Involves setting a fixed total price for a defined product or service to be provided.
Fixed- price contracts
Risk
Project Files
Lead
24. 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.
Time and Material (T&M) Contracts
Simulation
Trend Analysis
Collocation
25. Clarify the structure - requirements and other terms of the purchases so that mutual agreement can be reached prior to signing the contract.
Human Resource Practices
Stakeholder register
Procurement negotiations
Responsibility Assignment Matrix (RAM)
26. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Close procurements
Interviews
Data precision
Lead
27. A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects - but the perceived scope of the project is defined by th
Close procurements
Project Schedule Network Diagrams
Functional Organization
Simulation
28. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Team Building Activities
Responsibility Assignment Matrix (RAM)
Simulation
Lag
29. 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.
Fast Tracking
Project Human Resource Management
Plan Risk Responses
Statistical Sampling
30. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Data precision
Mandatory Dependencies (or Hard Logic)
Risk
Training
31. Describes the processes concerned with identifying - analyzing - and responding to project risk. It includes planning risk management - identifying risks - performing qualitative risk analysis - performing quantitative risk analysis - planning risk r
Free Float
Project Risk Management
Administer procurements
Program
32. 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
Project Schedule
Collocation
Probabilistic Analysis of the project
Assumptions
33. The process to identify and document project roles - responsibilities - and required skills - report relationships - and create a staffing management plan.
Develop Human Resource Plan
System or Process
Lag
Coding Structure
34. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Control Account
Project Cost Management
Inspection
Identify Risks
35. Risks that arise as a direct result of implementing a risk response.
Schedule updates
Responsibility Assignment Matrix (RAM)
Project Portfolio Management
Secondary Risks
36. 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
Sub Network / Fragment Network
Plan Risk Management
Initiation
Define Scope
37. A table that links requirements to their origin and traces them throughout the project life cycle
Project Files
Requirements Traceability Matrix
Simulation
Resource Calendar
38. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Human Resource Practices
Cost Performance Baseline
Estimate Activity Resources
Procurement audits
39. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o
Prioritized list of quantified risks
Regulation
Benchmarking
Quality Audit
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
Fixed- price contracts
Requirements Documentation
Fast Tracking
Code of Accounts
41. Process of defining and documenting stakeholders' needs to meet the project objectives
Plan Risk Responses
Resource Pool Descriptions
Collect Requirements
Change Requests
42. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Earned Value Analysis
Critical Path Method
Pareto Diagram/ Chart
Crashing
43. Forecasts of potential project schedule and cost results listing the possible completion dates or project duration and costs with their associated confidence levels.
Data precision
Critical Path Methodology (CPM)
Perform Quantitative Risk Analysis
Probabilistic Analysis of the project
44. 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.
Checklists
Critical Path Methodology (CPM)
Quality
Make-or-buy analysis
45. 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.
Change Requests
Project Cost Management
Focus groups
Subproject
46. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Statistical Sampling
System or Process
Organization Chart
Mitigation
47. 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.
Independent estimates
Project Stakeholders
Program
Project Schedule
48. An estimating technique that uses the values of parameters - such as scope - cost - budget - and duration or measure of scale such as size - weight - and complexity - from a previous - similar activity as the basis for estimating the same parameter o
Lead
Analogous Estimating / Top-down
Additional Risk Response Planning
Project Team Directory
49. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Project Communications Management
Work Results
Expert Judgment
Earned Value Analysis
50. 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.
Project Human Resource Management
Project Risk Management
Critical Path Method
Control Account