Test your basic knowledge |

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 numerically analyzing the effect of identified risks on overall project objectives.






2. 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.






3. Generally used when considerations like technical approach and technical skills are paramount in source selection






4. 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






5. The policies - guidelines - or procedures that govern the recruitment of staff.






6. Features or services that characterize a product - result - or service






7. It includes the processes required to ensure timely and appropriate generation - collection - dissemination - storage - retrieval - and ultimate disposition of project information.






8. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.






9. Group of related projects managed in a coordinated way to obtain control and benefits that are not available if managed individually.






10. Technique to evaluate the degree to which data about risks is useful for risk management.






11. 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






12. Meetings that are regularly scheduled to exchange and analyze information about the project and its performance.






13. Application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






14. Risks that remain after planned responses have been implemented - as well as those that have been deliberately accepted.






15. Testing identified assumptions against two criteria: assumption stability and consequences on the project if the assumption is false.






16. Special category of revised cost estimates to an approved cost baseline.






17. Process of monitoring the status of the project to update project progress and manage changes to the schedule baseline






18. The expected total cost of a schedule activity - a work breakdown structure component - or the project when the defined scope of work will be completed.






19. Meetings with all prospective sellers and buyers prior to submittal of a bid or proposal. Used to ensure that all prospective sellers have a clear and common understanding of the procurement - and that no bidders receive preferential treatment.






20. 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






21. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders






22. Activities specifically taken by management and team members to help individual team members work together effectively - thereby improving team performance






23. A table that links requirements to their origin and traces them throughout the project life cycle






24. Also called risk symptoms or warning signs - they are indications that a risk has occurred or is about to occur. They may be discovered in the risk identification process and watched in the risk monitoring and control process.






25. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.






26. Documents how requirements will be analyzed - documented - and managed throughout the project






27. Uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulation uses computer models and estimates of risk and are






28. Bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product - service - or result






29. Process of managing procurement relationships - monitoring contract performance - ad making changes and corrections as needed.






30. Considers the characteristics of those prospective staff who are available to join the project team.






31. A modification of a logical relationship that directs a delay in the successor activity.






32. 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.






33. Process of formalizing acceptance of the completed project deliverables






34. The work that must be done to deliver a product with the specified features and functions






35. 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.






36. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.






37. Process of developing a detailed description of the project and product






38. Charts/ 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 -






39. Describes how the procurement processes (from developing procurement documentation through contract closure) will be managed






40. Measuring - examining and testing undertaken to determine whether results conform to requirements; also called reviews - product reviews - audits - and walkthroughs






41. Also known as "job shadowing -" it is usually done externally by the observer viewing the user performing her job.






42. Includes the processes required to purchase or acquire products - services - or results needed from outside the project team.






43. 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.






44. Defines what kinds of competencies are required from what kind of individuals or groups and in what time frames.






45. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.






46. 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.






47. 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.






48. 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






49. A partially complete document in a predefined format that provides a defined structure for collecting - organizing - and presenting information and data.






50. Process of identifying the specific actions to be performed to produce the project deliverables.