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CAPM
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Subjects
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certifications
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capm
Instructions:
Answer 50 questions in 15 minutes.
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study here
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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. Documents how requirements will be analyzed - documented - and managed throughout the project
Requirements Management Plan
Project Communications Management
Prevention vs. Inspections
Resource Leveling
2. Risks that arise as a direct result of implementing a risk response.
Secondary Risks
Mandatory Dependencies (or Hard Logic)
Acceptance
Bid / quotation
3. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Procurement performance reviews
Scope Management Plan
Project Plan Updates
Facilitated Workshops
4. 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.
Free Float
Monitor and Control Risks
Formal acceptance and closure
Make-or-buy analysis
5. An uncertain event or condition that - if it occurs - has a positive or negative effect on the project objective.
Risk
Project Quality Management
Regulation
Schedule Compression
6. A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it.
Schedule Baseline
Prototypes
Stakeholder Analysis
Constraints
7. Used to solicit proposals from prospective sellers
Performance Reviews
Human Resource Practices
Procurement Documents
Mandatory Dependencies (or Hard Logic)
8. Any modification to the agreed upon project scope as defined by the approved WBS
Scope Changes
Team Development
Conduct Procurements
Project Human Resource Management
9. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.
Sequence Activities
Close procurements
Project Risk Management
Procurement resources
10. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Corrective Action
Trend Analysis
Revised Cost Estimates
Prototypes
11. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Contract Change Control System
Project Scope Management
Qualified seller lists
Grade
12. Any modification to the contents of the project plan or the supporting details.
Documentation Reviews
Perform Quality Control
Project Plan Updates
Fast Tracking
13. 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
Lag
Project Selection Methods
Resource Calendar
Constraints
14. Technique to evaluate the degree to which data about risks is useful for risk management.
Risk Consequences
Data Precision Ranking
Estimate Activity Resources
Risk Register
15. 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
Product Description
Project Portfolio Management
Procurement file
Team Building Activities
16. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result
Transference
Indirect costs / Overhead costs
Focus groups
Buyer-Seller relationship
17. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network - and to determine the minimum total project duration. Early start and finish dates are calc
Fast Tracking
Project Procurement Management
Critical Path Methodology (CPM)
Schedule updates
18. Factors which - for planning purposes - are considered to be true - real or certain.
Assumptions
Program
Procurement Management Plan
Human Resource Practices
19. Terms used when the source selection decision will be based on price
Bid / quotation
Information Distribution Methods
Procurement Documents
Conditional Diagramming Methods
20. 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
Rework
Initiation
Quality Metrics
Quantitatively based durations
21. Persons or organizations who are actively involved in the project or whose interests may be positively or negatively affected by the performance or completion of the project. They may also exert influence over the project - its deliverables - and the
Perform Quantitative Risk Analysis
Project Stakeholders
Life Cycle Costing
Sensitivity Analysis
22. 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
Procurement file
Quality Metrics
Flowcharts
Project Time Management
23. 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
Revised Cost Estimates
Manage Stakeholder
Cost-reimbursable contracts
Product Description
24. Dependencies determined by the Project Management Team; involve a relationship between project activities and non-project activities (i.e. - dependencies on issues that are beyond the scope of the project). These dependencies are outside the project
Contract
Project Records
Report Performance
External Dependencies
25. Factors that - for planning purposes - will be considered true - real or certain.
Project Assumption Testing
Risk Audits
Assumptions
Project Communications Management
26. A formal or informal approach to obtain information from stakeholders by talking to them directly
Code of Accounts
Interviews
Close procurements
Perform Qualitative Risk Analysis
27. Structured review of the procurement process originating from the Plan Procurements process through Administer Procurements process. Objective is to identify successes and failures that warrant recognition in the preparation or administration of othe
Facilitated Workshops
Close procurements
Procurement audits
Change Control System
28. Describes the processes required to ensure that the project satisfies the needs for which it is undertaken. It includes quality planning - performing quality assurance and control.
Information Distribution Methods
Define Activities
Risk probability
Project Quality Management
29. 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
Recruitment Practices
Independent estimates
Project Risk Management
Group Creativity Techniques
30. The work that must be done to deliver a product with the specified features and functions
Plan Communications
Group Creativity Techniques
Project Scope
Recruitment Practices
31. 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.
Cost Management Plan
Prioritized list of quantified risks
Conduct Procurements
Independent estimates
32. 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
Sensitivity Analysis
Project Planning Methodology
Observations
Project Communications Management
33. Probability that a risk will occur.
Contract Change Control System
Fast Tracking
Project
Risk probability
34. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Recruitment Practices
Human Resource Practices
Stakeholder Analysis
Project Integration Management
35. Subdivision of project deliverables into smaller - more manageable components
Resource Leveling
Project Plan Updates
Decomposition
Product description
36. 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.
Define Activities
Identify Risks
Project Plan
Resource Leveling
37. Activities that assist in developing/enhancing the ability of team members to work together effectively and contribute to the success of the project team. It improves the people skills - technical competencies - and overall team environment and proje
Develop Human Resource Plan
Team Development
Transference
Prototypes
38. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed
Independent estimates
Training
Procurement Management Plan
Similarities between Operations and Projects
39. Process of defining and documenting stakeholders' needs to meet the project objectives
Inspection
Collect Requirements
Forecasting
Perform Quality Control
40. 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.
Plan Risk Responses
Indirect costs / Overhead costs
Corrective Action
Training
41. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Project Charter
Product Description
Decision Tree
Flowcharts
42. Any numbering system used to uniquely identify each component of the work breakdown structure.
Configuration Management System
Residual Risks
Independent estimates
Quality Policy
43. Processes and procedures developed for the closing or canceling of projects.
Acceptance
Identify Stakeholders
Project Files
Project Closeout
44. Factors that limit a buyer's options. E.g. - funds availability
Project Risk Management
Collect Requirements
Constraints
Requirements Management Plan
45. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.
Process Adjustments
Project Communications Management
Perform Quantitative Risk Analysis
Project Cost Management
46. Special category of revised cost estimates to an approved cost baseline.
Risk Audits
Budget Updates
Code of Accounts
Mitigation
47. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline
Assumptions
Project Procurement Management
Control Schedule
Project Integration Management
48. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.
Communication Requirements Analysis
Procurement file
Identify Stakeholders
Project Assumption Testing
49. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.
Deliverable
Simulation
Re-baselining
Risk Register
50. A modification of a logical relationship that allows an acceleration of the successor activity. A negative lead is equivalent to a positive lag.
Risk probability
Estimate Costs
Lead
Bidder Conferences
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