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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. The application of knowledge - skills - tools - and techniques to a program to meet the program requirements and to obtain benefits and control not available by managing projects individually.






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






3. The realized cost incurred for the work performed on an activity during a specific time period.






4. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.






5. A measure of schedule performance expressed as the difference between the earned value and the planned value.






6. A document that provides detailed deliverable - activity - and scheduling information about each component in the work breakdown structure.






7. A grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs.






8. An earned value management technique used to indicate performance trends by using a graph that displays cumulative costs over a specific time period.






9. A logical relationship in which a successor activity cannot finish until a predecessor activity has started.






10. A measure of schedule efficiency expressed as the ratio of earned value to planned value.






11. A technique for determining the cause and degree of difference between the baseline and actual performance.






12. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.






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






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






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






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






17. The series of phases that a project passes through from its initiation to its closure.






18. The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available.






19. The sum of all budgets established for the work to be performed.






20. A condition or capability that is required to be present in a product - service - or result to satisfy a contract or other formally imposed specification.






21. A set of conditions that is required to be met before deliverables are accepted.






22. A representation of the plan for executing the project's activities including durations - dependencies and other planning information - used to produce a project schedule along with other scheduling artifacts.






23. A group of related projects - subprograms and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually.






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






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






26. 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.






27. The approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.






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






29. A component of the project - program - or portfolio management plan that describes how - when - and by whom information will be administered and disseminated.






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






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






32. A collection of logically related project activities that culminates in the completion of one or more deliverables.






33. The authorized budget assigned to scheduled work.






34. A significant point or event in a project - program - or portfolio.






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






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






37. A projection of the amount of budget deficit or surplus - expressed as the difference between the budget at completion and the estimate at completion.






38. The measure of work performed expressed in terms of the budget authorized for that work.






39. A formal proposal to modify any document - deliverable - or baseline.






40. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.






41. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).






42. A factor in the planning process that is considered to be true - real - or certain - without proof or demonstration.






43. The work performed to deliver a product - service - or result with the specified features and functions.






44. A limiting factor that affects the execution of a project - program - portfolio - or process.






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






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






47. A relationship in which a schedule activity has more than one successor.






48. A technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply.






49. A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed.






50. A component of the human resource plan that describes when and how team members will be acquired and how long they will be needed.






Can you answer 50 questions in 15 minutes?



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