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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 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.






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






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






4. A technique used to shorten the schedule duration for the least incremental cost by adding resources.






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






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






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






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






9. 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.






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






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






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






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






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






15. A measure of the cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal - expressed as the ratio of the cost to finish the outstanding work to the remaining budget.






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






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






18. A hierarchical representation of the project organization - which illustrates the relationship between project activities and the organizational units that will perform those activities.






19. A group of related schedule activities aggregated and displayed as a single activity.






20. 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.






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






22. 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.






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






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






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






26. 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.






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






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






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






30. The sequence of activities that represents the longest path through a project - which determines the shortest possible duration.






31. A calendar that identifies working days and shifts that are available for scheduled activities.






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






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






34. A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.






35. The authorized budget assigned to scheduled work.






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






37. A formally chartered group responsible for reviewing - evaluating - approving - delaying - or rejecting changes to the project and for recording and communicating such decisions.






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






39. 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.






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






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






42. A component of the project or program management plan that describes how an organization's quality policies will be implemented.






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






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






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






46. 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.






47. A person or group who provides resources and support for the project - program - or portfolio - and is accountable for enabling success.






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






49. Any unique and verifiable product - result - or capability to perform a service that is required to be produced to complete a process - phase - or project.






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







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