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CAPM questions Flashcards

1
Q

Validate Scope

A

PMP - SC-MC

and

Accepted Deliverable, CR, Work Perf Info, PDU

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2
Q

Estimate Costs

A

PMP - Cost-Plan

and

Activity Cost Estimates, Basis of Estimates, PDU

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3
Q

Estimate Activity Duration

A

PMP - Ti - Plan

and

Activity Duration estimates, PDU

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4
Q

Define Activities

A

PMP - Ti - Plan

and

Activity lists, Activity Durations, Milestone list

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5
Q

Estimate Activity Resources

A

PMP - Ti - Plan

and

Activity Resource Req, Resource Breakdown Structure, PDU

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6
Q

Perform Integrated Change Control

A

PMP - In - MC

and

Approved CR, Change log, PMPU,PDU

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7
Q

Close Procurements

A

PMP - Pro - Cl

and

Closed Procurements, OPAU

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8
Q

Plan Communications Management

A

PMP - Comm - Plan

and

Communications Mgt Plan, PDU

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9
Q

Determine Budget

A

PMP - Cost-Plan

and

Cost Baselines, Project Funding Required, PDU

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10
Q

Plan Cost Management

A

PMP - Cost-Plan

and

Cost Management Plan

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11
Q

Manage Project Team

A

PMP- HR-Exe

and

CR, PMPU, PDU, EEFU, OPAU

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12
Q

Perform Quality Assurance

A

PMP - Q - Exe

and

CR, PMPU. PDU, OPAU

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13
Q

Monitor and Control Project Work

A

PMP - In - MC

and

CR, Work Perf Report, PMP, PDU

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14
Q

Direct and Manage Project Work

A

PMP - In - EX

and

Deliverables, Work Perf Data, CR PMP, PDU

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15
Q

Develop Project Charter

A

PMP - In-In

and

Develop Project Charter

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16
Q

Close Project or Phase

A

PMP - In-Cl

and

Final Product, Service or Result Transition, OPAU

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17
Q

Plan Human Resource Management

A

PMP - HR - Plan

and

Human Resource Plan

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18
Q

Manage Stakeholder Engagement

A

PMP - Stake - Exe

and

Issue Log, C, PMPU,PDU,OPAU

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19
Q

Perform Qualitative Risk Analysis

A

PMP - Risk - Plan

and

PDU

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20
Q

Perform Quantitate Risk Analysis

A

PMP - Risk - Plan

and

PDU

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21
Q

Plan Risk Management

A

PMP - Risk - Plan

and

PMPU, PDU

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22
Q

Plan Procurement Management

A

PMP - Pro - Plan

and

Procurement Mgt Plan, Procurement Statement of Work, Procurement Docs, Secure Selection docs, Source Selection docs, Make-or-Buy Decisions, PDU

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23
Q

Manage Communications

A

PMP - Comm - EX

and

Project communications, PMPU, PDU, OPAU

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24
Q

Sequence Activities

A

PMP - Ti - Plan

and

Project Schedule Network Diagram, PDU

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25
Q

Define Scope

A

PMP- Sc - Plan

and

Project Scope Statement, PDU

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26
Q

Acquire Project Team

A

PMP- HR-Exe

and

Project Staff Assignments, Resource Calendars, PMPU

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27
Q

Control Quality

A

PMP - Q - MC

and

Quality Control Measurements, Valdated Changes, Verified Deliverables, Work Perf Info, CR, PMPU, PDU, OPAU

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28
Q

Plan Quality Management

A

PMP - Q - Plan

and

Quality Management Plan, Process Improvement Plan, Quality Metrics, Quality Checklists, PDU

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29
Q

Collect Requirements

A

PMP - Sc-Plan

and

Requirements docs, Requirements Traceability Matrix

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30
Q

Plan Risk Responses

A

PMP - Risk - Plan

and

Risk Management Plan

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31
Q

Identify Risks

A

PMP - Risk - Plan

and

Risk Register

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32
Q

Develop Schedule

A

PMP - Ti - Plan

and

Schedule Baseline, Project Schedule, Schedule Data, Project Calendars, PMPU, PDU

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33
Q

Plan Schedule Management

A

PMP - Ti - Plan

and

Schedule Management Document

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34
Q

Create WBS

A

PMP - Sc-Plan

and

Scope Baseline, PDU

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35
Q

Plan Scope Management

A

PMP - Sc-Plan

and

Scope Management Plan, Req. Mgt Plan

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36
Q

Conduct Procurements

A

PMP - Pro - Exe

and

Selected Sellers, Agreements, Resource Calenders, PMPU, PDU

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37
Q

Plan Stakeholder Management

A

PMP Stake-Plan

and

Stakeholder Management Plan, PDU

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38
Q

Identify Stakeholders

A

PMP - Stake - Init

and

Stakeholder Register

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39
Q

Develop Project Team

A

PMP- HR-Exe

and

Team Perf Assessments, EEFU

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40
Q

Control Costs

A

PMP - Cost - MC

and

Work Perf Info, Cost Forecasts, CR, PMPU, PDU, OPSU

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41
Q

Control Procurements

A

PMP - Pro - MC

and

Work Perf Info, CR, PMPU, PDU, OPSU

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42
Q

Control Risks

A

PMP - Risk - MC

and

Work Perf Info, CR, PMPU, PDU, OPSU

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43
Q

Control Scope

A

PMP - SC-MC

and

Work Perf Info, CR, PMPU, PDU, OPSU

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44
Q

Control Stakeholder Engagement

A

PMP - Stake - MC

and

Work Perf Info, CR, PMPU, PDU, OPSU

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45
Q

Control Communications

A

PMP - Comm - MC

and

Work Perf Info, CR, PMPU, PDU, OPSU

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46
Q

Control Schedule

A

PMP - Ti-MC

and

Work Perf Info, Schedule forecasts, CR, PMPU, PDU, OPSU

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47
Q

10 Knowledge Areas

A

Integration, Scope, Time, Cost, Quality, Human Resources, Communications, Risk, Procurement, Stakeholder

48
Q

5 Process Groups

A

Initiating, Planning, Executing, Monitor and Control, Closing

49
Q

Develop Project Management Plan

50
Q

Project Communications Management (3)

A

Plan Communications Mgt, Manage Communications, Control Communications

51
Q

Project Cost Management (4)

A

Plan cost Mgt, Estimate Costs, Determine Budget, Control costs

52
Q

Project human Resources Management (4)

A

Plan HR Mgt, Acquire Project Team, Develop Project Team, Manage Project Team

53
Q

Project Integration Management (6)

A

Develop Project Charter, Develop Project Mgt Plan, Direct and Manage Project Work, Monitor and Control Project Work, Perform Integrated change control, Close Project or Phast

54
Q

Project Procurement Management (4)

A

Plans Procurement Management, Conduct Procurements, Control Procurements, Close Procurements

55
Q

Project Quality Management (3)

A

Plan Quality Mgt, Perform Quality Assurance, Control Quality

56
Q

Project Risk Management (6)

A

Plan Risk Management, Identify Risks, Perform Qualitative Analysis, Perform Quantitate Analysis, Plan Risk Responses, Control Risks

57
Q

Project Scope Management (6)

A

Plan Scope Mgt, Collect Requirements, Define Scope, Create WBS, Validate Scope, Control Scope

58
Q

Project Stakeholder Management (4)

A

Identity Stakeholders, Plan Stakeholder Mgt, Manage Stakeholder Engagement, Control Stakeholder Engagement

59
Q

Project Time Management (7)

A

Plan Schedule Mgt, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule, Control Scope

60
Q

PDU

A

Project document update

61
Q

PMPU

A

Project Management Plan Updates

62
Q

OPAU

A

Orgnaization Process Assets Update

63
Q

EEFU

A

Enterprise Environmental Factor Updates

64
Q

Validate Scope - Defination

A

Involves frequent, planned meetings with the customer/sponsor to gain formal acceptance of deliverables during project Monitoring and Controlling

65
Q

Heuristic

A

A generally accepted rule: cost per line of code, cost per sq foot of floor space

66
Q

Learn Estimate types

A

One Point, Analogous - Expert judgement, Parametric - relationship between variables (cost duration), 3 point, bottom up - work from activity in WBS

67
Q

Delphi

A

Get expert opinion on Tech issues

68
Q

Expected activity duration calculation - straighet

A

P + M + O / 3

69
Q

Beta Expected activity duration calculation

A

P + 4M + O / 6 Also called the PERT or weighted method

70
Q

Standard Deviation

71
Q

Variance at Completion

A

VAC - as of today how much over/under budget do we expect at the end of project

72
Q

Planned Value

A

PV - As of Today what is the estimated value of work planned to be done

73
Q

PV

A

Planned value

74
Q

VAC

A

Variance at completion

75
Q

AC

A

Actual cost

76
Q

Acutal Cosdt

A

AC - what is actual cost of work accomplished

77
Q

BAC

A

Budget at completion

78
Q

Budget at Completion

A

BAC - How much did we budget for total project effort

79
Q

EAC

A

Estimate at completion

80
Q

Estimate at Completion

A

EAC - Forecast of total budget

81
Q

ETC

A

Estimate to complete

82
Q

Estimate to complete

A

ETC - How much more to come

83
Q

Cost Variance (CV)

A

EV-AC - Neg over budget, Pos under budget

84
Q

Schedule Variance SV

A

EV-PV - Neg behind schedule, Pos ahead of Schedule

85
Q

Cost Performance Index (CPI)

A

EV/AC - We are getting $x.x for every dollar spent. Funds are/are not used efficiently. Greater is good

86
Q

Schedule Perf Index SPI

A

EV/PV - We are (only) progressing @ XX%. >1 is good, <1 is bad

87
Q

Risk statement on answers

A

When you see a risk question, Who should be involved, the answer is always EVERYBODY

88
Q

What is Risk

A

Deviations from the baseline are often due to incomplete risk identification and risk management. If exam asks what to do when the project deviates significantly, correct answer is likely project Risk Mgt Process

89
Q

Input

A

What do I need to do before I ?..

90
Q

Output

A

What will I have when I am done? or What am I trying to achieve when I am doing?

91
Q

Task vs Activity description

A

PMI considers activity to be a particular piece of work scheduled for the project. PMI expects a PM to manage activities

92
Q

Project constraints

A

Time, Cost, Scope Quality, Resources, Risk and Customer Satisifaction

93
Q

Float Slack

A

Always start late LS-ES or LF-EF

94
Q

Calculate communication channels

A

N x (N-1) / 2

95
Q

a distinct, scheduled portion of work preformed during the course of a project. Task and Activity mean the same and are often interchangeable.

A

Activity - Definition

96
Q

The process of developing a detailed description of the project and product.

A

Define Scope - Definition

97
Q

is a unique and verifiable product, result or capability to perform a service that must be produced and provided in order to complete a process, phase, or project. This is the ONLY effective way to measure the progress of the project

A

Deliverable - Definition

98
Q

The process of “leading and performing the work defined in the project Management Plan and implementing approved changes to achieve the project’s objectives”.

A

Direct and Manage Project Execution - Definition

99
Q

a point in time during a project when a significant event occurs, usually the competition of a major deliverable. Milestones do not have duration or cost

A

Milestone - Definition

100
Q

is a graphical representation of the logical relationshps, also referred to as dependencies, among the project schedule activities. It allows you to find the set of activities which define the minimum duration for the project of the longest path of sequenced activities that do not have any extra available time (slack or float) in which to be scheduled

A

Network Diagram - Definition

101
Q

Think VP - refers to projects, programs, sub portfolios, and operations managed as a group to achieve strategic objectives

A

Portfolio - Definition

102
Q

A series of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually. Think PMO’s office

A

Program - Definition

103
Q

A temporary endeavour undertaken to create a unique product, service or result

A

Project - What is it? - Definition

104
Q

A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to the project activities

A

Project Charter - Definition

105
Q

The processes ad activities needed to identify define, combine, and unify ad coordinate the various process and project Management activities with the Project Management Process Groups.

A

Project Integration Management - Definition

106
Q
  • a collection of generally sequential and sometimes overlapping project phases - can be documented with a methodology - set of activities a particular company has identified defines the beginning and end - is uniquely defined - can widely vary
A

Project Life Cycle - Definition

107
Q

a systematic approach to managing projects by selecting the right project, Planning the project, monitoring and Controlling and executing the Plan and closing the project PMBOK: the application of all knowledge, skills, tools and techniques to project activities to meet the project requirements.

A

Project Management - Definition

108
Q

the Project Management Plan essentially answers the question :How will the project be preformed” this is the HOW statement/Plan

A

Project Management Plan - Definition

109
Q

a collection of logically related project activities that culminates in the completion of a major deliverable

A

Project Phase - Definition

110
Q

The processes required to ensure that the project Includes all the work required, and only the work required, to complete the project

A

Project Scope Management - Definition

111
Q

The scope statement essentially answers the question ‘what is being done in the project” this is the WHAT statement or document

A

Project Scope Statement - Definition

112
Q

is a narrative description of products, services or results to be delivered by the project.

A

Project Statement of work - Definition

113
Q

total float or Free float - the amount of time that a scheduled activity can be delayed or extended from its early start date without delaying the project finish date or violation a schedule constraint.

A

Slack / float - Definition

114
Q

a technique for determining the cause and effect and degree of difference between the baseline and actual performance.

A

Variance analysis - Definition

115
Q

A document that provides detailed deliverable, activity, and scheduling information about each component in the WBS.

A

WBS Dictionary - Definition

116
Q

The work defined at the lowest level of the WBs for which cost and duration can be estimated and managed

A

Work Package - Definition

117
Q

Is the sequence of activities that represents the longest path through a project, which determines the shortest possible duration.

A

Critical Path - Definition

All CAPM questions (1 decks)

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