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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. 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.
Fast Tracking
Identify Stakeholders
Critical Path Method
Analogous Estimating (top-down)
2. Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan - managing the execution of the project plan - monitoring & controlling work - integrating the chang
Project Integration Management
Buyer-Seller relationship
Fast Tracking
Report Performance
3. 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
Scope Management Plan
Decision Tree
External Dependencies
Project Human Resource Management
4. An accepted action performed to bring projected future project performance in line with the project plan. These actions have to be documented.
Requirements Traceability Matrix
Corrective Action
Risk Categories
Project Management Information Systems (PMIS)
5. Generally used when considerations like technical approach and technical skills are paramount in source selection
Estimate Activity Resources
Procurement Management Plan
Proposal
Project Communications Management
6. Records of previous project results that can be used to identify risks.
Estimate to Complete (ETC)
Templates
Activity List
Project Files
7. 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
Fast Tracking
Mathematical Analysis
Cost Management Plan
Perform Quantitative Risk Analysis
8. Process of formalizing acceptance of the completed project deliverables
Verify Scope
Probabilistic Analysis of the project
Transference
Project Records
9. 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.
Triggers
Project Procurement Management
Direct costs
Differences between Operations and Project
10. Project team accepts the risk - i.e. team decides not to change the project plan to deal with the risk - or is unable to identify any other suitable response strategy.
Acceptance
Critical Path Method
Design of Experiments (DOE)
Project Life Cycle
11. 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.
Attribute Sampling vs. Variables Sampling
Fixed- price contracts
Process Adjustments
Perform Quantitative Risk Analysis
12. Documents the characteristics of the product - result - or service which the project is undertaken to create.
Program Evaluation and Review Technique (PERT)
Risk management policies
Product Description
Contract
13. Modifications to the cost estimation prepared for the project
Data precision
Perform Quality Control
Lessons Learned
Assumptions Analysis
14. 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 -
Budget Updates
Close procurements
System or Process
Information Distribution Methods
15. The process to develop an approximation (estimate) of the monetary resources needed to complete project activities.
Quality Assurance
Plan Communications
Grade
Mandatory Dependencies (or Hard Logic)
16. Used to rate or score seller proposals
Observations
Source Selection Criteria
Project Plan
Estimate at Completion (EAC)
17. Process of identifying the specific actions to be performed to produce the project deliverables.
Project Cost Management
Project Quality Management
Define Activities
Plan Procurements
18. 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.
Change Requests
Lessons Learned
Procurement resources
Project Assumption Testing
19. Includes the processes that help to estimate - budget - and control costs - so that the project can be completed within the approved budget.
Develop Human Resource Plan
Inspection
Control Schedule
Project Cost Management
20. Includes identified risks - risk owners - results of Perform qualitative risk analysis process - agreed upon response strategies - etc.
Verify Scope
Risk Register
Identify Risks
Risk Categories
21. Process of estimating the type and quantities of resources like materials - people - equipment - or supplies required to perform each project activity
Checklists
Mathematical Analysis
Estimate Activity Resources
Perform Quality Control
22. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
Simulation
Product description
Project Assumption Testing
Project Schedule
23. Subdivision of project deliverables into smaller - more manageable components
Prevention vs. Inspections
Free Float
Decomposition
Project Plan Updates
24. Process of assessing and combining the impact and the likelihood of identified risks. Prioritizes risks according to their potential effect on project objectives for further analysis or action.
Perform Qualitative Risk Analysis
Free Float
Project Management Information Systems (PMIS)
Bid / quotation
25. Changing the project management plan to eliminate the threat entirely.
Avoidance
Proposals
Subproject
Project Scope Management
26. The conclusion of a project phase is marked by a review of both key deliverables and project performance till date to determine if the project should continue into its next phase and detect and correct errors cost-effectively. These phase end reviews
Phase Exits/ Stage Gates/ Kill Points
Make-or-buy analysis
Project Life Cycle
Project Assumption Testing
27. Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
Mandatory Dependencies (or Hard Logic)
Change Requests
Control Costs
Simulation
28. Focused sessions that bring key cross-functional stakeholders together to define product requirements
Define Scope
Risk Categories
Facilitated Workshops
Change Requests
29. 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.
Scope Change Control System
Group Creativity Techniques
Training
Triggers
30. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.
Control Costs
Data Precision Ranking
Report Performance
Bottom-up Estimating
31. 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.
Organization Breakdown Structure
Make-or-buy analysis
Regulation
Pareto Diagram/ Chart
32. 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
Communications Technology
Risk Audits
Team Building Activities
Benchmarking
33. A matrix that assigns risk ratings to risks or conditions based on a combining probability and impact scales. Risks with high probability and high impact will require further analysis.
Probability and impact matrix
Control Costs
Fast Tracking
Requirements Documentation
34. Factors that - for planning purposes - will be considered true - real or certain.
Sub Network / Fragment Network
Constraints
Grade
Assumptions
35. Estimating or predicting future project status and progress based on knowledge and information available at the time of forecasting.
Project Team Directory
Risk probability
Project Human Resource Management
Forecasting
36. A documented list of project team members - their project roles - and communication information.
Program
Projectized Organization
Trend Analysis
Project Team Directory
37. Policies - guidelines and procedures that can help the project management team with various aspects of organizational planning.
Bidder Conferences
Estimate Costs
Lead
Human Resource Practices
38. 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
Expert Judgment
Fast Tracking
Re-baselining
Project Stakeholders
39. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
Phase Exits/ Stage Gates/ Kill Points
Organization Chart
Performance Reviews
Data precision
40. A process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests - expectations - and influence of the stakehold
Stakeholder Analysis
Projectized Organization
Deliverable
Team Development
41. Structured method to guide the project team during development of project plan. Standard forms and templates or even complicated simulations may be used.
Project Integration Management
Project Planning Methodology
Simulation
Risk Audits
42. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.
Control Schedule
Triggers
Performance Reviews
Formal acceptance and closure
43. Provides a documented basis for making future project decisions and for confirming or developing common understanding of the project scope among the stakeholders
Scope Statement
Similarities between Operations and Projects
Proposals
Scope Management Plan
44. Any modification to the contents of the project plan or the supporting details.
Quantitatively based durations
Project Plan
Stakeholder Analysis
Project Plan Updates
45. 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
Cost Management Plan
Performance Reviews
Verify Scope
Checklists
46. Process of defining how to conduct risk management activities for a project.
Project Cost Management
Plan Risk Management
Performance Reviews
Project Team Directory
47. Describes how individual requirements meet the business need for the project.
Determine Budget
Identify Risks
Requirements Documentation
Lead
48. Describes the need - justification - requirements - and current boundaries for the project.
Scope baseline
Independent estimates
Observations
Project Cost Management
49. Collection of generally sequential project phases.
Identify Risks
Project Life Cycle
Project Scope Management
Communications management plan
50. Factors that will limit the project management team's options (e.g. - a predefined budget)
Project Assumption Testing
Constraints
Interviews
Project Files