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PMI Project Management Vocab

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. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.






2. Conditions - not under the immediate control of the team - that influence - constrain - or direct the project - program - or portfolio.






3. An enterprise whose personnel are the most directly involved in doing the work of the project or program.






4. The approved version of a scope statement - work breakdown structure (WBS) - and its associated WBS dictionary - which can be changed only through formal change control procedures and is used as a basis for comparison.






5. An uncertain event or condition that - if it occurs - has a positive or negative effect on one or more project objectives.






6. An individual - group - or organization who may affect - be affected by - or perceive itself to be affected by a decision - activity - or outcome of a project - program - or portfolio.






7. A graphical representation of the logical relationships among the project schedule activities.






8. A risk that arises as a direct result of implementing a risk response.






9. An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.






10. The centralized management of one or more portfolios to achieve strategic objectives.






11. A process used to investigate or analyze the output of the schedule model in order to optimize the schedule






12. The uncontrolled expansion to product or project scope without adjustments to time - cost - and resources.






13. A component of the project or program management plan that establishes the activities for developing - monitoring - and controlling the project or program.






14. An intentional activity to modify a nonconforming product or product component.






15. A management structure that standardizes the project-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.






16. A document in which the results of risk analysis and risk response planning are recorded.






17. A logical relationship in which a successor activity cannot start until a predecessor activity has finished.






18. The level of an organization's ability to deliver the desired strategic outcomes in a predictable - controllable - and reliable manner.






19. A method used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the schedule model.






20. The amount of time whereby a successor activity can be advanced with respect to a predecessor activity.






21. An intentional activity that realigns the performance of the project work with the project management plan.






22. A response to a threat that has occurred - for which a prior response had not been planned or was not effective.






23. An activity that logically comes before a dependent activity in a schedule.






24. A component of a project or program management plan that describes how costs will be planned - structured - and controlled.






25. A technique used to shorten the schedule duration without reducing the project scope.






26. A management control point where scope - budget - actual cost - and schedule are integrated and compared to earned value for performance measurement.






27. A critical path method technique for calculating the early start and early finish dates by working forward through the schedule model from the project start date or a given point in time.






28. A numbering system used to uniquely identify each component of the work breakdown structure.






29. An event or situation that indicates that a risk is about to occur.






30. A risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact.






31. An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.






32. A technique for estimating the duration or cost of an activity or a project - using historical data from a similar activity or project.






33. A logical relationship in which a successor activity cannot start until a predecessor activity has started.






34. A risk response strategy whereby the project team decides to acknowledge the risk and not take any action unless the risk occurs.






35. A dependent activity that logically comes after another activity in a schedule.






36. A grid that shows the project resources assigned to each work package.






37. A temporary endeavor undertaken to create a unique product - service - or result.






38. A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.






39. In the critical path method - the latest possible point in time when the uncompleted portions of a schedule activity can start based on the schedule network logic - the project completion date - and any schedule constraints.






40. The description of the project scope - major deliverables - assumptions - and constraints.






41. The amount of time whereby a successor activity is required to be delayed with respect to a predecessor activity.






42. A distinct - scheduled portion of work performed during the course of a project.






43. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.






44. The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison.






45. A risk that would have a positive effect on one or more project objectives.






46. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance.






47. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.






48. Projects - programs - subportfolios - and operations managed as a group to achieve strategic objectives.






49. A risk that would have a negative effect on one or more project objectives.






50. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.