CAPM questions Flashcards
(117 cards)
1
Q
Validate Scope
A
PMP - SC-MC
and
Accepted Deliverable, CR, Work Perf Info, PDU
2
Q
Estimate Costs
A
PMP - Cost-Plan
and
Activity Cost Estimates, Basis of Estimates, PDU
3
Q
Estimate Activity Duration
A
PMP - Ti - Plan
and
Activity Duration estimates, PDU
4
Q
Define Activities
A
PMP - Ti - Plan
and
Activity lists, Activity Durations, Milestone list
5
Q
Estimate Activity Resources
A
PMP - Ti - Plan
and
Activity Resource Req, Resource Breakdown Structure, PDU
6
Q
Perform Integrated Change Control
A
PMP - In - MC
and
Approved CR, Change log, PMPU,PDU
7
Q
Close Procurements
A
PMP - Pro - Cl
and
Closed Procurements, OPAU
8
Q
Plan Communications Management
A
PMP - Comm - Plan
and
Communications Mgt Plan, PDU
9
Q
Determine Budget
A
PMP - Cost-Plan
and
Cost Baselines, Project Funding Required, PDU
10
Q
Plan Cost Management
A
PMP - Cost-Plan
and
Cost Management Plan
11
Q
Manage Project Team
A
PMP- HR-Exe
and
CR, PMPU, PDU, EEFU, OPAU
12
Q
Perform Quality Assurance
A
PMP - Q - Exe
and
CR, PMPU. PDU, OPAU
13
Q
Monitor and Control Project Work
A
PMP - In - MC
and
CR, Work Perf Report, PMP, PDU
14
Q
Direct and Manage Project Work
A
PMP - In - EX
and
Deliverables, Work Perf Data, CR PMP, PDU
15
Q
Develop Project Charter
A
PMP - In-In
and
Develop Project Charter
16
Q
Close Project or Phase
A
PMP - In-Cl
and
Final Product, Service or Result Transition, OPAU
17
Q
Plan Human Resource Management
A
PMP - HR - Plan
and
Human Resource Plan
18
Q
Manage Stakeholder Engagement
A
PMP - Stake - Exe
and
Issue Log, C, PMPU,PDU,OPAU
19
Q
Perform Qualitative Risk Analysis
A
PMP - Risk - Plan
and
PDU
20
Q
Perform Quantitate Risk Analysis
A
PMP - Risk - Plan
and
PDU
21
Q
Plan Risk Management
A
PMP - Risk - Plan
and
PMPU, PDU
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
23
Q
Manage Communications
A
PMP - Comm - EX
and
Project communications, PMPU, PDU, OPAU
24
Q
Sequence Activities
A
PMP - Ti - Plan
and
Project Schedule Network Diagram, PDU
25
Define Scope
PMP- Sc - Plan
and
Project Scope Statement, PDU
26
Acquire Project Team
PMP- HR-Exe
and
Project Staff Assignments, Resource Calendars, PMPU
27
Control Quality
PMP - Q - MC
and
Quality Control Measurements, Valdated Changes, Verified Deliverables, Work Perf Info, CR, PMPU, PDU, OPAU
28
Plan Quality Management
PMP - Q - Plan
and
Quality Management Plan, Process Improvement Plan, Quality Metrics, Quality Checklists, PDU
29
Collect Requirements
PMP - Sc-Plan
and
Requirements docs, Requirements Traceability Matrix
30
Plan Risk Responses
PMP - Risk - Plan
and
Risk Management Plan
31
Identify Risks
PMP - Risk - Plan
and
Risk Register
32
Develop Schedule
PMP - Ti - Plan
and
Schedule Baseline, Project Schedule, Schedule Data, Project Calendars, PMPU, PDU
33
Plan Schedule Management
PMP - Ti - Plan
and
Schedule Management Document
34
Create WBS
PMP - Sc-Plan
and
Scope Baseline, PDU
35
Plan Scope Management
PMP - Sc-Plan
and
Scope Management Plan, Req. Mgt Plan
36
Conduct Procurements
PMP - Pro - Exe
and
Selected Sellers, Agreements, Resource Calenders, PMPU, PDU
37
Plan Stakeholder Management
PMP Stake-Plan
and
Stakeholder Management Plan, PDU
38
Identify Stakeholders
PMP - Stake - Init
and
Stakeholder Register
39
Develop Project Team
PMP- HR-Exe
and
Team Perf Assessments, EEFU
40
Control Costs
PMP - Cost - MC
and
Work Perf Info, Cost Forecasts, CR, PMPU, PDU, OPSU
41
Control Procurements
PMP - Pro - MC
and
Work Perf Info, CR, PMPU, PDU, OPSU
42
Control Risks
PMP - Risk - MC
and
Work Perf Info, CR, PMPU, PDU, OPSU
43
Control Scope
PMP - SC-MC
and
Work Perf Info, CR, PMPU, PDU, OPSU
44
Control Stakeholder Engagement
PMP - Stake - MC
and
Work Perf Info, CR, PMPU, PDU, OPSU
45
Control Communications
PMP - Comm - MC
and
Work Perf Info, CR, PMPU, PDU, OPSU
46
Control Schedule
PMP - Ti-MC
and
Work Perf Info, Schedule forecasts, CR, PMPU, PDU, OPSU
47
10 Knowledge Areas
Integration, Scope, Time, Cost, Quality, Human Resources, Communications, Risk, Procurement, Stakeholder
48
5 Process Groups
Initiating, Planning, Executing, Monitor and Control, Closing
49
Develop Project Management Plan
PMP In-Pl
50
Project Communications Management (3)
Plan Communications Mgt, Manage Communications, Control Communications
51
Project Cost Management (4)
Plan cost Mgt, Estimate Costs, Determine Budget, Control costs
52
Project human Resources Management (4)
Plan HR Mgt, Acquire Project Team, Develop Project Team, Manage Project Team
53
Project Integration Management (6)
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
Project Procurement Management (4)
Plans Procurement Management, Conduct Procurements, Control Procurements, Close Procurements
55
Project Quality Management (3)
Plan Quality Mgt, Perform Quality Assurance, Control Quality
56
Project Risk Management (6)
Plan Risk Management, Identify Risks, Perform Qualitative Analysis, Perform Quantitate Analysis, Plan Risk Responses, Control Risks
57
Project Scope Management (6)
Plan Scope Mgt, Collect Requirements, Define Scope, Create WBS, Validate Scope, Control Scope
58
Project Stakeholder Management (4)
Identity Stakeholders, Plan Stakeholder Mgt, Manage Stakeholder Engagement, Control Stakeholder Engagement
59
Project Time Management (7)
Plan Schedule Mgt, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule, Control Scope
60
PDU
Project document update
61
PMPU
Project Management Plan Updates
62
OPAU
Orgnaization Process Assets Update
63
EEFU
Enterprise Environmental Factor Updates
64
Validate Scope - Defination
Involves frequent, planned meetings with the customer/sponsor to gain formal acceptance of deliverables during project Monitoring and Controlling
65
Heuristic
A generally accepted rule: cost per line of code, cost per sq foot of floor space
66
Learn Estimate types
One Point, Analogous - Expert judgement, Parametric - relationship between variables (cost duration), 3 point, bottom up - work from activity in WBS
67
Delphi
Get expert opinion on Tech issues
68
Expected activity duration calculation - straighet
P + M + O / 3
69
Beta Expected activity duration calculation
P + 4M + O / 6 Also called the PERT or weighted method
70
Standard Deviation
P - O / 6
71
Variance at Completion
VAC - as of today how much over/under budget do we expect at the end of project
72
Planned Value
PV - As of Today what is the estimated value of work planned to be done
73
PV
Planned value
74
VAC
Variance at completion
75
AC
Actual cost
76
Acutal Cosdt
AC - what is actual cost of work accomplished
77
BAC
Budget at completion
78
Budget at Completion
BAC - How much did we budget for total project effort
79
EAC
Estimate at completion
80
Estimate at Completion
EAC - Forecast of total budget
81
ETC
Estimate to complete
82
Estimate to complete
ETC - How much more to come
83
Cost Variance (CV)
EV-AC - Neg over budget, Pos under budget
84
Schedule Variance SV
EV-PV - Neg behind schedule, Pos ahead of Schedule
85
Cost Performance Index (CPI)
EV/AC - We are getting $x.x for every dollar spent. Funds are/are not used efficiently. Greater is good
86
Schedule Perf Index SPI
EV/PV - We are (only) progressing @ XX%. \>1 is good, \<1 is bad
87
Risk statement on answers
When you see a risk question, Who should be involved, the answer is always EVERYBODY
88
What is Risk
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
Input
What do I need to do before I ?..
90
Output
What will I have when I am done? or What am I trying to achieve when I am doing?
91
Task vs Activity description
PMI considers activity to be a particular piece of work scheduled for the project. PMI expects a PM to manage activities
92
Project constraints
Time, Cost, Scope Quality, Resources, Risk and Customer Satisifaction
93
Float Slack
Always start late LS-ES or LF-EF
94
Calculate communication channels
N x (N-1) / 2
95
a distinct, scheduled portion of work preformed during the course of a project. Task and Activity mean the same and are often interchangeable.
Activity - Definition
96
The process of developing a detailed description of the project and product.
Define Scope - Definition
97
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
Deliverable - Definition
98
The process of "leading and performing the work defined in the project Management Plan and implementing approved changes to achieve the project's objectives".
Direct and Manage Project Execution - Definition
99
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
Milestone - Definition
100
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
Network Diagram - Definition
101
Think VP - refers to projects, programs, sub portfolios, and operations managed as a group to achieve strategic objectives
Portfolio - Definition
102
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
Program - Definition
103
A temporary endeavour undertaken to create a unique product, service or result
Project - What is it? - Definition
104
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
Project Charter - Definition
105
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.
Project Integration Management - Definition
106
- 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
Project Life Cycle - Definition
107
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.
Project Management - Definition
108
the Project Management Plan essentially answers the question :How will the project be preformed" this is the HOW statement/Plan
Project Management Plan - Definition
109
a collection of logically related project activities that culminates in the completion of a major deliverable
Project Phase - Definition
110
The processes required to ensure that the project Includes all the work required, and only the work required, to complete the project
Project Scope Management - Definition
111
The scope statement essentially answers the question 'what is being done in the project" this is the WHAT statement or document
Project Scope Statement - Definition
112
is a narrative description of products, services or results to be delivered by the project.
Project Statement of work - Definition
113
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.
Slack / float - Definition
114
a technique for determining the cause and effect and degree of difference between the baseline and actual performance.
Variance analysis - Definition
115
A document that provides detailed deliverable, activity, and scheduling information about each component in the WBS.
WBS Dictionary - Definition
116
The work defined at the lowest level of the WBs for which cost and duration can be estimated and managed
Work Package - Definition
117
Is the sequence of activities that represents the longest path through a project, which determines the shortest possible duration.
Critical Path - Definition
