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CAPM
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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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. It can include correspondence - memos - meeting minutes - and documents describing the project.
Performance Reviews
Product Analysis
Control Charts
Project Records
2. 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.
Matrix Organization
Project Quality Management
Define Activities
Make-or-buy analysis
3. Complete set of indexed contract documentation - including the closed contract - that is prepared for inclusion with the final project files
Project Closeout
Procurement file
Project Procurement Management
Communication Requirements Analysis
4. A hierarchically organized depiction of the project organization arranged so as to relate the work packages to the performing organizational units.
Source Selection Criteria
Team Development
Organization Breakdown Structure
Additional Risk Response Planning
5. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).
Project Scope Management
Schedule updates
Direct costs
Determine Budget
6. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.
Project Procurement Management
Cost Performance Baseline
Bottom-up Estimating
Contract Change Control System
7. Generally used when considerations like technical approach and technical skills are paramount in source selection
Project Human Resource Management
Pareto Diagram/ Chart
Proposal
Close procurements
8. The state - quality - or sense of being restricted to a given course of action or inaction. An applicable restriction or limitation - either internal or external to a project - which will affect the performance of the project or a process.
Constraints
Requirements Management Plan
Project Life Cycle
Re-baselining
9. 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.
Cost Management Plan
Contract Change Control System
Mitigation
Scope Management Plan
10. This involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Inspection
Mathematical Analysis
Cost-reimbursable contracts
Assumptions
11. 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
Design of Experiments (DOE)
Plan Risk Management
Risk Consequences
Templates
12. Refers to the centralized management of one or more portfolios to achieve strategic business objectives. Portfolio management ensures that the portfolios are reviewed to ascertain that resources are allocated as per priority and the allocation is con
Project Portfolio Management
Data precision
Fast Tracking
Change Requests
13. A table that links requirements to their origin and traces them throughout the project life cycle
Training
Requirements Traceability Matrix
Re-baselining
Status Review Meetings
14. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule
Observations
Manage Stakeholder
Develop Schedule
Develop Human Resource Plan
15. Outcome of activities performed to accomplish the project.
Control Scope
Work Results
Identify Stakeholders
Analogous Estimating / Top-down
16. Process of obtaining seller responses - selecting a seller - and awarding a contract
Conduct Procurements
Sensitivity Analysis
Project Selection Methods
Avoidance
17. Involves immediate corrective or preventive action as a consequence of quality control measurements.
Schedule Baseline
Triggers
Process Adjustments
Proposals
18. Judgment provided based upon expertise in an application area - knowledge area - discipline - industry - etc. as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education - knowledg
Communications Technology
Change Requests
Expert Judgment
Corrective Action
19. 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.
Control Schedule
Group Decision Making Techniques
External Feedback
Activity List
20. Seller prepared documents that describe the seller's ability and willingness to provide the requested product.
Assumptions
Proposal
Collect Requirements
Proposals
21. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.
Regulation
Residual Risks
Statistical Sampling
Data precision
22. A requirement imposed by a governmental body and its compliance is mandatory.
Regulation
Contract
Procurement audits
Attribute Sampling vs. Variables Sampling
23. 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
Flowcharts
Work Results
Templates
Estimate Activity Resources
24. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Project Planning Methodology
Estimate at Completion (EAC)
Resource Pool Descriptions
Risk Management Plan
25. The process of collecting and distributing performance information - including status reports - progress measurements - and forecasts to stakeholders.
Report Performance
Work Breakdown Structure (WBS)
Communication Requirements Analysis
Grade
26. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics
Quality Management Plan
Conditional Diagramming Methods
Project Files
Program Evaluation and Review Technique (PERT)
27. Factors that will limit the project management team's options (e.g. - a predefined budget)
Project Planning Methodology
Constraints
Project Team Directory
Assumptions
28. A collection of formal (note: not informal) documented procedures - which defines how the documentation and project deliverables will be managed - changed and approved.
Estimate to Complete (ETC)
Change Control System
Prototypes
Facilitated Workshops
29. 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
Make-or-buy analysis
Grade
Bottom-up Estimating
Constraints
30. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.
Project Cost Management
Statistical Sampling
Product description
Inspection
31. The policies - guidelines - or procedures that govern the recruitment of staff.
Identify Risks
Contract Change Control System
Recruitment Practices
Work Results
32. Charts that are used to show positions and relationships in a graphical format.
Documentation Reviews
Mitigation
Forecasting
Organization Chart
33. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Product Description
External Feedback
Project Procurement Management
Process Adjustments
34. 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.
Project Charter
Additional Risk Response Planning
Project Selection Methods
Project Cost Management
35. Probability that a risk will occur.
Plan Procurements
Risk probability
Initiation
Sensitivity Analysis
36. A subdivision (fragment) of a project schedule network diagram - used to illustrate or study some potential or proposed schedule condition - such as changes in preferential schedule logic or project scope.
Sub Network / Fragment Network
Matrix Organization
System or Process
Define Activities
37. Describes the processes required to ensure timely completion of the project. It includes defining activities - sequencing activities - estimating activity resources - estimating activity durations - developing the schedule - and controlling the sched
Decision Tree
Data precision
Group Creativity Techniques
Project Time Management
38. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
Schedule Compression
Group Creativity Techniques
Project Cost Management
Resource Leveling
39. Used to solicit proposals from prospective sellers
Project Quality Management
Independent estimates
Communications Technology
Procurement Documents
40. 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
Quality
Checklists
Project Stakeholders
Project Human Resource Management
41. 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.
Project Scope
Quality
Change Requests
Tolerances vs. Control limits
42. Features or services that characterize a product - result - or service
Manage Stakeholder
Product Scope
Perform Quantitative Risk Analysis
Critical Path Methodology (CPM)
43. Reduce the probability and/or consequence of an adverse risk event to be within acceptable threshold limits.
Project Cost Management
Assumptions Analysis
Mitigation
Staffing Pool Description
44. Risks that arise as a direct result of implementing a risk response.
Cost-reimbursable contracts
Plan Risk Management
Secondary Risks
Information Distribution Methods
45. Factors that limit a buyer's options. E.g. - funds availability
Constraints
Close procurements
Mandatory Dependencies (or Hard Logic)
Contract Change Control System
46. 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
Project Human Resource Management
Responsibility Assignment Matrix (RAM)
Quality Metrics
Additional Risk Response Planning
47. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Risk Register
Estimate Activity Durations
Identify Risks
Estimate Costs
48. 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 Ranking
Decomposition
Simulation
Probabilistic Analysis of the project
49. 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
Work Authorization System
Product description
Project Plan Updates
To-Complete Performance Index (TCPI)
50. They possess a blend of functional and projectized characteristics. Weak matrices maintain many of the characteristics of a functional organization - and the Project Manager's role is more that of a coordinator or expediter than that of a manager. Si
Conduct Procurements
Communications Technology
Bid / quotation
Matrix Organization
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