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






2. 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.






3. A grid that links product requirements from their origin to the deliverables that satisfy them.






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






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






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






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






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






9. The amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint.






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






11. The authorized budget assigned to scheduled work.






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






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






14. An iterative planning technique in which the work to be accomplished in the near term is planned in detail - while the work in the future is planned at a higher level.






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






16. 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.






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






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






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






20. 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.






21. The knowledge gained during a project which shows how project events were addressed or should be addressed in the future for the purpose of improving future performance






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






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






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






25. 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.






26. A hierarchical representation of risks that is organized according to risk categories.






27. A calendar that identifies the working days and shifts upon which each specific resource is available.






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






29. 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.






30. A component of the project - program - or portfolio management plan that describes how risk management activities will be structured and performed.






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






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






33. 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.






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






35. An intentional activity that ensures the future performance of the project work is aligned with the project management plan.






36. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.






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






38. A hierarchical representation of resources by category and type.






39. A risk response strategy whereby the project team shifts the impact of a threat to a third party - together with ownership of the response.






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






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






42. The amount of time that a schedule activity can be delayed without delaying the early start date of any successor or violating a schedule constraint.






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






44. A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.






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






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






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






48. A technique used to estimate cost or duration by applying an average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.






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






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







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