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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. Process of redefining the cost performance/schedule/performance measurement/technical baseline. If cost variances are severe - re-baselining is needed to provide a realistic measure of performance.
Buyer-Seller relationship
Graphical Evaluation and Review Technique (GERT)
Communications management plan
Re-baselining
2. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk probability
Risk
Sensitivity Analysis
Bottom-up Estimating
3. Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Coding Structure
Sub Network / Fragment Network
Performance Reports
Brainstorming
4. In a projectized organization - most of the organization's resources are involved in project work - and Project Managers have a great deal of independence and authority.
Data precision
Schedule Baseline
Project Portfolio Management
Projectized Organization
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
Differences between Operations and Project
Change Requests
Indirect costs / Overhead costs
Risk Database
6. Generally used when considerations like technical approach and technical skills are paramount in source selection
Precedence Relationships
Proposal
Probabilistic Analysis of the project
Fixed- price contracts
7. Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
Risk management policies
Free Float
Plan Quality
Residual Risks
8. Involves developing a better understanding of the product of the project
Forecasting
Contract
Bid / quotation
Product Analysis
9. A formal procedure for authorizing project work to ensure that work is done by the identified organization at the right time and in proper sequence.
Project Risk Management
Stakeholder Analysis
Attribute Sampling vs. Variables Sampling
Work Authorization System
10. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.
Project Scope
Status Review Meetings
Procurement Documents
Acquire Project Team
11. 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
Procurement Statements of Work (SOW)
Stakeholder register
Independent estimates
Parametric Estimating
12. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Develop Schedule
Corrective Action
Process Adjustments
Decision Tree
13. 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.
Project Risk Management
Functional Organization
Project Plan
Program Evaluation and Review Technique (PERT)
14. 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
Budget Updates
Project Quality Management
Scope Management Plan
Matrix Organization
15. Process of defining and documenting stakeholders' needs to meet the project objectives
Collect Requirements
Buyer-Seller relationship
Define Activities
Technical performance measurement
16. 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
Project Risk Management
Documentation Reviews
Bottom-up Estimating
Projectized Organization
17. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Sensitivity Analysis
Mitigation
Project Communications Management
Develop Schedule
18. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.
Quality Metrics
Constraints
Performance Reviews
Project Integration Management
19. Technologies or methods to transfer information among project stakeholders.
Work Results
Quality
Communications Technology
Requirements Documentation
20. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs
Group Decision Making Techniques
Inspection
Checklists
Perform Quality Control
21. Outcome of activities performed to accomplish the project.
Work Results
Work Breakdown Structure (WBS)
Plan Communications
Phase Exits/ Stage Gates/ Kill Points
22. Process of documenting project purchasing decisions - specifying the approach - and identifying potential sellers.
Initiation
Requirements Management Plan
Plan Procurements
Collocation
23. 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.
Project Team Directory
Collocation
Brainstorming
Trend Analysis
24. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Qualified seller lists
Project Plan Updates
Scope Statement
Collect Requirements
25. 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
Develop Schedule
Fast Tracking
Project Schedule
Quality Policy
26. 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
Contract
Risk Categories
Quality Assurance
Information Distribution Methods
27. Process of defining how to conduct risk management activities for a project.
Risk Audits
Plan Risk Management
Grade
Quality Audit
28. Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.
Sequence Activities
Probabilistic Analysis of the project
Estimate to Complete (ETC)
Scope Management Plan
29. Process of identifying the specific actions to be performed to produce the project deliverables.
Define Activities
Risk Database
Resource Pool Descriptions
Data precision
30. Documents how requirements will be analyzed - documented - and managed throughout the project
Quantitatively based durations
Life Cycle Costing
Requirements Management Plan
Pareto Diagram/ Chart
31. A modification of a logical relationship that directs a delay in the successor activity.
Control Schedule
Program
Direct costs
Lag
32. A formal or informal approach to obtain information from stakeholders by talking to them directly
Buyer-Seller relationship
Interviews
Prototypes
Requirements Documentation
33. Charts that are used to show positions and relationships in a graphical format.
Risk Consequences
Organization Chart
Resource Calendar
Attribute Sampling vs. Variables Sampling
34. Descriptions of which resources will be available at what times and in what patterns necessary for schedule development
Estimate Activity Resources
Resource Pool Descriptions
Project Scope
Corrective Action
35. The process of approximating the number of work periods needed to complete individual activities with estimated resources
Bottom-up Estimating
Distribute Information
Estimate Activity Durations
Plan Communications
36. 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
Responsibility Assignment Matrix (RAM)
Lag
Requirements Documentation
Product Description
37. The policies - guidelines - or procedures that govern the recruitment of staff.
Recruitment Practices
Pareto Diagram/ Chart
Project Management
Staffing Pool Description
38. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Residual Risks
Acquire Project Team
Critical Path Methodology (CPM)
Projectized Organization
39. Subdivision of project deliverables into smaller - more manageable components
Cost Performance Baseline
Control Costs
Decomposition
Performance Reviews
40. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Lead
Project Schedule
Proposals
Performance Reports
41. 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
Plan Communications
Total Float
Procurement Documents
System or Process
42. 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
Corrective Action
Collocation
Functional Organization
Lead
43. Factors which - for planning purposes - are considered to be true - real or certain.
Performance Reviews
Analogous Estimating / Top-down
Assumptions
Report Performance
44. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Project Schedule Network Diagrams
Information Distribution Methods
Grade
Organization Breakdown Structure
45. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Procurement performance reviews
Change Control System
Program
Work Results
46. 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.
Mandatory Dependencies (or Hard Logic)
Differences between Operations and Project
Control Schedule
Procurement audits
47. 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
Phase Exits/ Stage Gates/ Kill Points
Data precision
To-Complete Performance Index (TCPI)
Grade
48. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.
Work Results
Estimate Activity Resources
Secondary Risks
Project Time Management
49. A requirement imposed by a governmental body and its compliance is mandatory.
Assumptions
Fast Tracking
Regulation
Project Charter
50. Allows for probabilistic treatment of both network logic and activity duration estimates
Graphical Evaluation and Review Technique (GERT)
Risk Management Plan
Assumptions Analysis
Facilitated Workshops