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






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






3. 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.






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






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






6. 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.






7. 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.






8. 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.






9. 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.






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






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






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






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






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






15. A dependency between two activities - or between an activity and a milestone.






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






18. The application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






19. An output of a schedule model that presents linked activities with planned dates - durations - milestones - and resources.






20. A relationship in which a schedule activity has more than one predecessor.






21. 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.






22. 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.






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






24. 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.






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






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






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






28. The expected cost to finish all the remaining project work.






29. A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty.






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






31. Any activity on the critical path in a project schedule.






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






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






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






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






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






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






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






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






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






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






42. A bar chart of schedule information where activities are listed on the vertical axis - dates are shown on the horizontal axis - and activity durations are shown as horizontal bars placed according to start and finish dates.






43. 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.






44. A group of potential causes of risk.






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






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






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






48. The amount of budget deficit or surplus at a given point in time - expressed as the difference between the earned value and the actual cost.






49. 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.






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