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. 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.






2. 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






3. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.






4. 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






5. The process of approximating the number of work periods needed to complete individual activities with estimated resources






6. Any numbering system used to uniquely identify each component of the work breakdown structure.






7. It consists of tools and techniques used to gather - integrate and disseminate the outputs of project management processes. Supports all aspects of the project from initiating through closing - and can include both manual and automated systems.






8. Records of previous project results that can be used to identify risks.






9. The process of identifying all people or organizations impacted by the project and documenting relevant information regarding their interests - involvement - and impact on project success.






10. Involves procedures required to close a contract as specified in the prescribed procedures for close procurements. Includes product verification and administrative closure.






11. Documents the characteristics of the product - result - or service which the project is undertaken to create.






12. Modifications to the cost estimation prepared for the project






13. Outcome of activities performed to accomplish the project.






14. A documented list of project team members - their project roles - and communication information.






15. Integrates scope - cost (or resource) - and schedule measures to help the project management team assess project performance.






16. The document that sets out the format and establishes the activities and criteria for planning - structuring - and controlling the project costs. The cost management plan is contained in - or is a subsidiary plan of - the project management plan.






17. Formal written notice from a person or organization responsible for contract administration - informing that the contract has been completed.






18. It shortens the project schedule without changing the project scope - in order to meet schedule constraints - imposed dates - or other schedule objectives. -. This technique includes crashing and fast tracking.






19. 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






20. Allow for non-sequential activities (e.g. Loops or Conditional Branches); e.g. - GERT(Graphical Evaluation and Review Technique) and System Dynamics






21. 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






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






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






24. Systematic process of planning - identifying - analyzing - responding - and monitoring and controlling project risk. It increases the probability and impact of positive events - and decrease the probability and impact of negative events in the projec






25. A deliverable is a unique - tangible and verifiable work/product. Each project phase is marked by the completion of one or more deliverables.






26. Projects are frequently divided into better manageable components or subprojects. Subprojects are often contracted to an external enterprise or another functional unit in the performing organization.






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






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






29. 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.






30. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.






31. Broader view of Project Cost Management - whereby other than project costs - we consider the effect of project decisions on the cost of using the project's product.






32. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






33. The expected cost needed to complete all the remaining work for a schedule activity - work break down structure component - or the project.






34. Processes and procedures developed for the closing or canceling of projects.






35. The process in which the estimated costs of individual activities or work packages are aggregated to establish an authorized cost baseline.






36. 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






37. The amount of time that a schedule activity can be delayed without delaying the early start date of any immediately following schedule activities.






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






39. Process of obtaining seller responses - selecting a seller - and awarding a contract






40. This is done to take care of risks that were not identified in the risk response plan - or their impact on objectives is greater than expected.






41. 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






42. Process to monitor the status of the project to update the project budget and manage changes to the cost baseline.






43. Describes how risk management will be structured and performed on the project.






44. The process of analyzing activity sequences - durations - resource requirements - and schedule constrains to create the project schedule






45. 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.






46. Describes how individual requirements meet the business need for the project.






47. Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.






48. Incurred for the exclusive benefit of the project (e.g. - salaries of full-time project staff).






49. Process of changing the schedule baseline. It is done when schedule delays are very severe - and the project schedule has to be completely changed.






50. 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.